Johnnie Martinez II, Author at Equipment Finance News

Harbinger sells to larger fleet operators such as Bimbo Bakeries USA, the U.S. business of Grupo Bimbo, the world’s largest baking company,

Commercial EV manufacturer Harbinger plans to capitalize on the medium-duty truck market as more companies explore the growing technology. Garden...

Alta Equipment Group’s new- and used-equipment sales dipped in the second quarter as the equipment sales market weakened despite revenue growth.

Alta Equipment’s sales dip

byJohnnie Martinez II

August 8, 2024

Alta Equipment Group’s new- and used-equipment sales dipped in the second quarter as the equipment sales market weakened despite revenue...

The launchpad of the SaxaVord Spaceport, from Skaw Beach on Unst in the Shetland Islands, UK, on Monday, May 20, 2024. SaxaVord, a former military site, plans to subsidize rocket launches by becoming a one-of-a-kind travel destination.

Trinity Capital equipment finance portfolio up 36%

byJohnnie Martinez II

August 7, 2024

Capital market financing firm Trinity Capital increased its equipment finance portfolio outstandings in the second quarter of 2024 as equipment...

Trailers in a lot during a Ritchie Bros heavy equipment auction in Bolton, Ontario, Canada, on Tuesday, May 9, 2023. Ritchie Bros Auctioneers Inc., a Canadian firm that sells heavy equipment at auctions around North America, struck an agreement in November to buy IAA, which sells damaged and written-off vehicles.

RB Global gross transaction values boosted by Yellow Corp. units

byJohnnie Martinez II

August 6, 2024

Commercial vehicle marketplace RB Global’s gross transaction values increased in its commercial construction and transportation sector in the second quarter...

The New York Stock Exchange (NYSE) in New York, US, on Monday, Aug. 5, 2024. A selloff in the riskier corners of the global market deepened, with stocks plunging and traders rushing to the safety of bonds as concerns about a slowdown in the world's largest economy intensified.

Equipment finance stocks rebound after Monday dip

byJohnnie Martinez II

August 6, 2024

Equipment finance stocks are rebounding following an Aug. 5 decline as earnings and as large American companies bolster international and...

June truck orders decline amid overcapacity, elevated rates

Charged up: Financiers prep for the EV future

byJohnnie Martinez II

August 5, 2024

Commercial EV financiers and charging manufacturers are aiming to meet customer needs in the transportation industry as new regulations loom. ...

Inside WattEV’s plan for commercial electrification

byJohnnie Martinez II

August 2, 2024

Commercial charging infrastructure provider WattEV is addressing commercial heavy-duty EV infrastructure, technology, and trucking as it looks to grow the...

CNH Industrial Capital originations up more than 3%

byJohnnie Martinez II

July 31, 2024

CNH Industrial Capital originations increased in the second quarter as lower sales at the parent company and higher delinquencies offset...

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