Johnnie Martinez II, Author at Equipment Finance News

Toro Co. signage stands at the company's headquarters in Bloomington, Minnesota, U.S., on Wednesday, Dec. 28, 2011. The economy in the Minneapolis area grew moderately in 2011, with strong growth in the agriculture, energy, and mining sectors and modest growth in consumer spending, tourism, residential and commercial construction, according to a report by the Federal Reserve Board.

Outdoor power equipment manufacturer The Toro Company saw a decline in financing originations for its finance joint venture in the...

A newly constructed dock area at the construction site of the Chancay Port in Chancay, Peru, on Tuesday, March 5, 2024. One of Beijing's biggest economic beachheads in Peru is currently under construction a massive container port an hours drive north of Lima, in Chancay, built by Chinas state-controlled shipping company.

Trinity Capital equipment finance portfolio up 37%

byJohnnie Martinez II

March 7, 2024

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Capital market financing firm Trinity Capital increased its equipment finance portfolio outstandings in 2023 as it experienced record portfolio growth. ...

Forklift trucks in front of distribution warehouse

First Foundation exits equipment finance

byJohnnie Martinez II

March 6, 2024

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Irvine, Calif.-based First Foundation Bank has closed its equipment finance department to refocus on its core business and operating strategy. ...

A Ford Lightning F-150 pickup truck during a media event at Dutton Ranch in Sebastopol, California, US, on Friday, May 20, 2022. With the release of the F-150 Lightning, Ford hopes to electrify new and traditional truck buyers alike, and eventually to replace its industry-defining gas-powered line.

Ford Pro boosts electrification through telematics

byJohnnie Martinez II

March 6, 2024

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Customers are relying on Ford Pro’s increased fleet management and telematics offerings to boost their electrification efforts in preparation for...

A Tesla Semi electric truck parked outside the Frito-Lay manufacturing facility in Modesto, California, US, on Wednesday, Jan. 18, 2023. PepsiCos Frito-Lay is replacing its diesel-powered freight equipment with zero-emission trucks, solar panels and energy-storage systems at it's Modesto plant.

Trucking industry vocal on EPA proposal to tighten emissions standards

byJohnnie Martinez II

March 5, 2024

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Consumers and dealers continue to navigate the tightening federal and California emissions standards and expectations as headwinds hinder adoption. The...

John Deere 5EN Series tractors at the World Agriculture Expo in Tulare, California, US, on Tuesday, Feb. 13, 2024. The annual World AG Expo has more than 1,200 exhibitors displaying the latest in farm equipment, chemicals, communications, and technology.

NAEDA voices concern on federal Farm Bill, right-to-repair efforts

byJohnnie Martinez II

February 29, 2024

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The North American Equipment Dealers Association continues to navigate and combat federal legislation efforts ahead of the 2024 election. North...

Hyster-Yale Americas dealer sales spike again

byJohnnie Martinez II

February 28, 2024

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Material handling manufacturer Hyster-Yale grew dealer sales in the Americas in the fourth quarter as it benefited from improving supply...

SWANSEA, WALES - NOVEMBER 26: Staff at the Amazon Swansea fulfilment centre process orders as they prepare for what is expected to be their busiest Christmas on record on November 26, 2010 in Swansea, Wales. The 800,000 sq ft fulfilment centre, the largest of Amazon's six in the UK and one of the largest in the world, is gearing up for 'Cyber Monday', which this year is Monday December 6, and is predicted to be the busiest online shopping day of the year. In 2009, Cyber Monday saw 2 million orders received at a rate of 23 orders per second.

Monthly core capital goods orders rise slightly

byJohnnie Martinez II

February 27, 2024

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New orders for core capital goods increased slightly for the first month of 2024, as core capital goods showed strength...

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