Johnnie Martinez II, Author at Equipment Finance News

The Canadian Western Bank headquarters in Edmonton, Alberta, Canada, on Monday, June 17, 2024. National Bank of Canada agreed to buy Canadian Western Bank for about C$5 billion ($3.6 billion) in stock in a tie-up of two of the country's regional lenders.

Equipment finance stocks experienced double-digit growth over the past year as improving inflation and the strong possibility of interest rate...

Electrada growing commercial electrification through relationships

byJohnnie Martinez II

July 15, 2024

Commercial vehicle charger manufacturer Electrada continues to cultivate relationships with dealers, lenders, OEMs and energy companies. Electrada’s partnerships with lenders...

Heavy machinery, manufactured by JC Bamford Excavators Ltd. (JCB), sits parked at the Port of Southampton, operated by Associated British Ports (ABP) Holdings Ltd., in Southampton, U.K., on Wednesday, Sept. 30, 2020. Bank of England Governor Andrew Bailey urged the U.K. government and the European Union to reach a trade deal or risk seeing their economies suffer.

JCB targets North American expansion with new facility

byJohnnie Martinez II

July 12, 2024

Construction equipment manufacturer JCB is looking to expand its presence in the North American market with a new North American...

A paving crew lays down new tarmac on a road in Victoria, British Columbia, Canada, on Thursday, March 24, 2022. The province is working to bring roads and highways back to full capacity after record-breaking amounts of rain last November.

Eastern Funding winds down equipment finance, specialty vehicle ops

byJohnnie Martinez II

July 11, 2024

Commercial financier Eastern Funding is ending operations of its specialty vehicles and equipment funding group amid a company strategic refocus. ...

Listen: How Anderson Equipment is managing and protecting data

byJohnnie Martinez II

July 10, 2024

Equipment Finance News is pleased to introduce our new podcast, “Equipment Connect,” where our editors connect with leading equipment finance...

Workers position a pine log for milling at Woodstock Wood sawmill in Saugerties, New York, US, on Wednesday, April 10, 2024. The Federal Reserve Bank of New York is scheduled to release the empire state manufacturing figures on April 15.

Equipment rental, leasing prices mixed in May

byJohnnie Martinez II

July 9, 2024

Equipment rental and leasing prices finished mixed in May as the market continued to feel inflationary pressure despite rental and...

June truck orders decline amid overcapacity, elevated rates

byJohnnie Martinez II

July 8, 2024

Orders for Class 5 to Class 8 trucks decreased in June as freight rates and overcapacity further exacerbated the overall...

John Deere equipment for sale at a United Ag and Turf dealership in Colchester, Connecticut, US, on Friday, Nov. 3, 2023. Deere & Co. is expected to release earnings figures on November 22.

John Deere, AGCO lay off workers amid ag slowdown

byJohnnie Martinez II

July 3, 2024

Equipment manufacturers John Deere and AGCO have reduced their workforces in the past few weeks as the agricultural economy slowdown...

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