Johnnie Martinez II, Author at Equipment Finance News

A worker uses a Volvo AB excavator to build a road during construction in Saratoga Springs, Utah, U.S., on Tuesday, March 12, 2019. The National Association of Home Builders (NAHB) released housing market index figures on March 18.

Used construction equipment inventory continued to hit the market in February as more rental and leased machinery was returned and...

Tractor trailers parked at a truck depot along the US-Mexico border in Ciudad Juarez, Chihuahua state, Mexico, on Tuesday, Feb. 4, 2025. US President Donald Trump agreed to delay 25% tariffs against Mexico for one month after a conversation with his counterpart Claudia Sheinbaum on Monday, a dramatic turnabout with the neighboring nations on the brink of a trade war.

Tariffs pressure commercial truck dealers

byJohnnie Martinez II

March 12, 2025

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Commercial truck dealers and manufacturers are looking for solutions in the face of potential price increases under increased tariff activity. ...

Special Counsel Mehul Madia joins Equipment Finance Connect faculty

Special Counsel Madia joins Equipment Finance Connect

byJohnnie Martinez II

March 12, 2025

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Mehul Madia, special counsel at law firm Sheppard Mullin Richter & Hampton’s Washington office, will join Equipment Finance Connect 2025...

John Deere 8RX Tractor with ExactEmerge Planter While Deere projects financial services growth in 2024

Equipment stocks volatile as tariff uncertainty persists

byJohnnie Martinez II

March 11, 2025

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Equipment stocks experienced a turbulent week as new tariffs loomed, marked by major swings, before ultimately trending down due to...

Traton Financial Services sales revenue spikes 22%

byJohnnie Martinez II

March 10, 2025

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Traton Financial Services, the financial arm of commercial vehicle manufacturer Traton Group, today reported increased revenue despite a slight decline...

Attendees view AGCO Corp. Massey Ferguson tractors at the National Farm Machinery Show in Louisville, Kentucky, U.S., on Friday, Feb. 18, 2022. The National Farm Machinery Show has 900 exhibitor booths, making it the countrys largest indoor farm show.

AGCO launches subscription models amid technological growth

byJohnnie Martinez II

March 7, 2025

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Agriculture equipment and technology manufacturer AGCO is looking to expand its portfolio with new non-traditional pricing models. Duluth, Ga.-based AGCO...

A Toro Co. lawnmower containing a Briggs & Stratton Corp. motor is displayed for sale at The Mower Shop in Louisville, Kentucky, U.S., on Tuesday, July 21, 2020. Briggs & Stratton can initially borrow as much as $178 million under its proposed bankruptcy loan, but a judge denied a request to seal the letter outlining JPMorgan Chase & Co.'s fees for arranging the financing.

Toro Co.’s Red Iron originations rise in Q1

byJohnnie Martinez II

March 6, 2025

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Outdoor power equipment manufacturer The Toro Co.’s financing joint venture increased originations in the first quarter despite a decline in...

Custom Truck One Source full year revenue drops 3.4%

byJohnnie Martinez II

March 5, 2025

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Custom Truck One Source experienced a decline in total revenue during the full-year 2024 following a fourth quarter decline in...

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