Johnnie Martinez II, Author at Equipment Finance News

Truck cranes stand on display among other heavy construction machinery for sale at the Ritchie Bros. auction in Ocana, Spain, on Thursday, Sept. 13, 2012. Spain's Prime Minister Mariano Rajoy, who has been calling for central bank purchases of government bonds since taking office in December, has spent six weeks hesitating since ECB President Mario Draghi said Aug. 2 that any aid would have conditions attached.

Commercial vehicle marketplace RB Global’s revenue rose in the fourth quarter as lots sold across all sectors outpaced a slight...

Larry Silber, president and chief executive officer of Herc Holdings Inc., center, rings the opening bell of the New York Stock Exchange (NYSE), in New York, U.S., on Friday, July 1, 2016. The U.S. IPO market may prove resilient, as markets bounce back from the aftershock of the U.K.'s decision to leave the European Union last week.

Herc Rentals outbids United Rentals for H&E

byJohnnie Martinez II

February 18, 2025

0

Herc Rentals outbid fellow rental house giant United Rentals to purchase H&E Equipment Services in a cash and stock deal...

Deere financial services provisions for credit losses double

byJohnnie Martinez II

February 13, 2025

0

Deere & Co.’s financial services provisions for credit losses increased in the first quarter amid a downturn for the agriculture...

Mitsubishi HC Capital America CDO Johanneson joins Equipment Finance Connect

byJohnnie Martinez II

February 13, 2025

0

Equipment Finance News is pleased to announce that Mitsubishi HC Capital America’s Chief Digital Officer and Executive Vice President Christopher...

A truck enters the Ford Windsor Engine Plant in Windsor, Ontario, Canada, on Tuesday, Feb. 4, 2025. US President Donald Trump's proposed tariffs against Canada and Mexico would threaten production at automakers across North America and send record vehicle prices even higher, with about a quarter of a trillion dollars in trade that would be disrupted.

Ford Motor enhances service efforts for Ford Pro dealers

byJohnnie Martinez II

February 12, 2025

0

Ford Motor Co. is looking to improve its commercial vehicle operations for its Ford Pro dealers through more robust service...

NASHVILLE — The equipment finance industry is seeing a slight downturn as interest rates remain elevated and banks tighten their lending practices, with dealers and lenders looking to continue serving their customers while refining their finance and insurance operations.

Equipment lenders at ‘full throttle’ in 2025

byJohnnie Martinez II

February 11, 2025

0

Equipment lenders see an advantageous market in 2025 after years of pandemic-induced capital and supply chain challenges. Equipment lenders are...

A First Citizens Bank branch in Alpharetta, Georgia, US, on Thursday, March 23, 2023. First Citizens BancShares Inc., one of the biggest buyers of failed US lenders, is still hoping to strike a deal for all of Silicon Valley Bank, according to people familiar with the matter.

First Citizens, Sixth Street launch equipment finance venture

byJohnnie Martinez II

February 10, 2025

0

First Citizens Bank and Sixth Street are launching Sixty-First Commercial Finance, an equipment finance joint venture targeting middle- to large-ticket...

A Terex Corp. reach stacker transports a CMA CGM SA shipping container in the Med Europe Terminal at the Port of Marseille, France, on Friday, Dec. 18, 2015. Marseilles-based CMA CGM currently has 8.8 percent of the global shipping market.

Terex backlog nears pre-pandemic averages

byJohnnie Martinez II

February 7, 2025

0

Equipment manufacturer Terex reduced its backlog again to end 2024, as the market returns closer to pre-pandemic levels. Overall order...

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.