Johnnie Martinez II, Author at Equipment Finance News

H&E Equipment Services posts record rental revenue

ORLANDO, Fla. — Equipment rentals for the primary purpose of re-renting are a key component to successful development of an...

A Tractor Retailer Ahead Of Caterpillar Earnings Figures

Customer demands developing need for dealer rental

byJohnnie Martinez II

January 16, 2025

ORLANDO, Fla. — As more equipment dealers seek to right-size their fleets and customers look for ways to avoid high...

The financial district of Santiago, Chile, on Monday, Jan. 6, 2025. Chiles central bank said its future monetary policy decisions should consider significant risks including short-term inflation challenges, according to the minutes to its last key rate meeting.

Alta Group predicts equipment finance growth in 2025

byJohnnie Martinez II

January 15, 2025

The equipment finance industry appears set for growth in 2025 after a pause that set it back following the collapse...

Signage at a United Rentals location in Elizabethtown, Kentucky, U.S., on Friday, Jan. 21, 2022. United Rentals Inc. is scheduled to release earnings figures on January 26.

United Rentals buying H&E Equipment Services for $5B

byJohnnie Martinez II

January 14, 2025

United Rentals is acquiring H&E Equipment Services for nearly $5 billion, further increasing its position as the largest North American...

A builder drives a Terex Corp. ride-on roller past an excavator during house construction at Persimmon Plc's St. Andrew's Park residential housing development in the Uxbridge district of London, U.K., on Monday, Aug. 18, 2014. Persimmon, the U.K.'s largest homebuilder by market value, said sales of houses and apartments rose 28 percent in the first half as demand from buyers increased.

Podcast: Interest rates separating asset financiers from balance sheet lenders

byJohnnie Martinez II

January 13, 2025

Global interest rate concerns will test the resolve of equipment financiers in 2025. With dealers right-sizing and reducing fleets to...

A tow truck sits next to an Arrow Trucking Co. tractor at the company's headquarters in Tulsa, Oklahoma, U.S., on Monday, Jan. 4, 2010. Arrow Trucking Co., the 61-year-old Tulsa-based flatbed carrier, suspended operations on Dec. 22, 2009, laying off employees and stranding scores of drivers by cancelling fuel credit cards, Tulsa World reported. Federal Authorities later issued an emergency order to executives to retrieve company trucks and trailers from truck stops and parking areas around the country.

Modest trucking market improvement forecast

byJohnnie Martinez II

January 10, 2025

Trucking market forecasts signal modest improvement in the sector in 2025 as rates, volumes and utilization improve from 2024, but...

A Terex Corp. crane sits on the construction site of the American Mobility Center (ACM) in Ypsilanti, Michigan, U.S., on Tuesday, Aug. 15, 2017. Representative Debbie Dingel, a Democrat from Michigan, and Representative Bob Latta, a Republican from Ohio, visited the ACM to meet with experts in the autonomous vehicles industry as the two work together to advance bipartisan self-driving vehicle legislation through the House floor.

Terex Financial Services helps dealer right-size fleets

byJohnnie Martinez II

January 9, 2025

Amid elevated backlogs, international equipment lender Terex Financial Services is assisting dealers as they navigate the post-pandemic landscape, helping to...

A Volvo VNL 860 truck at the IAA Transportation fair in Hannover, Germany, on Monday, Sept. 16, 2024. The commercial vehicle exhibition runs until Sept. 22.

Volvo Group targets net zero emissions by 2040

byJohnnie Martinez II

January 8, 2025

Commercial equipment manufacturer Volvo Group is targeting net zero emissions for the company's entire production line, including trucks and equipment,...

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