Johnnie Martinez II, Author at Equipment Finance News

An employee uses a Hyster pallet truck to move a crate of packaged boxes of Johnnie Walker Red Label blended scotch whisky through the warehouse at Diageo Plc's bottling plant in Leven, Scotland, on Wednesday, June 19, 2013. Diageo Chief Executive Officer Paul Walsh will step down in July, almost 13 years shaping the company into the world's largest distiller and hand over the reins to his chief operating officer Ivan Menezes.

Dealer sales for material handling manufacturer Hyster-Yale fell slightly in the third quarter as supply chain issues delayed product launches...

Scissor lifts 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.

Megaprojects boost performance at large equipment rental houses

byJohnnie Martinez II

November 4, 2024

H&E Equipment Services, Herc Rentals and United Rentals saw equipment rental revenue growth in the third quarter as megaprojects supported...

A truck pulls construction equipment in front of Tropicana Field after Hurricane Milton in St. Petersburg, Florida, US, on Friday, Oct. 11, 2024. Hurricane Miltons devastating path across Florida has left at least 10 dead, millions without power, and destroyed homes and crops, as authorities warn it could take days to assess the full extent of the damages.

Podcast: Equipment dealers key to disaster response

byJohnnie Martinez II

November 1, 2024

Equipment dealers play a key role in natural disaster response for their employees, customers and communities. There are 21 current...

M&A: PrivateCap enters equipment finance capital markets

byJohnnie Martinez II

October 31, 2024

Mergers, acquisitions and startups in the equipment industry picked up in October as companies adjust to a changing capital markets...

A Caterpillar bulldozer at a construction site in New York.

Cat Financial new business volume rises 17%

byJohnnie Martinez II

October 30, 2024

Cat Financial reported “healthy” new business volume in the third quarter as the lender benefited from higher demand for its...

Construction workers in Austin, Texas, US, on Tuesday, July 2, 2024. Forecasters expect a monthly report on US employment to show a step-down in hiring in June alongside a moderation in wage growth.

UCC amendments creating strong hybrid leasing environment

byJohnnie Martinez II

October 29, 2024

AUSTIN, Texas — As more states adopt the 2022 Uniform Commercial Code amendments, hybrid leases represent a game changer for...

Equipment finance industry event highlights growing market

byJohnnie Martinez II

October 28, 2024

AUSTIN — The first full day of the Equipment Leasing and Finance Association’s annual convention highlighted the equipment finance industry’s...

AI development bolstering commercial vehicle dealerships

byJohnnie Martinez II

October 28, 2024

AI growth and development continue across the equipment industry, but commercial vehicle dealers have unique opportunities for growth. Fixed dealer...

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