Johnnie Martinez II, Author at Equipment Finance News

An educational EV charging station in a classroom at Milwaukee Electrical Joint Apprenticeship & Training Center (JATC) North Campus in Wauwatosa, Wisconsin, US, on Friday, Jan. 19, 2024. The EPA on Wednesday published a plan to speed up the permitting of electric vehicle charging stations, marking the second time the Biden administration has used the same maneuver to deploy the stations faster.

Electric commercial vehicle manufacturer Bollinger Motors has added two dealer partner groups as it looks to capture mid-size commercial EV...

Volvo Group invests in Zacua Ventures as ESG efforts expand

byJohnnie Martinez II

March 12, 2024

Global construction and transportation equipment manufacturer Volvo Group has invested in venture capital firm Zacua Ventures to further its sustainability...

Cranes and boom lifts stand at an equipment rental company near a construction site in Tokyo, Japan, on Tuesday, Jan. 8, 2013. Prime Minister Shinzo Abe aims to compile Japan's economic stimulus package on Jan. 11, and seeks to have new economic growth strategy by mid-year.

Equipment rental acquisitions rise as megaprojects strengthen rental demand

byJohnnie Martinez II

March 11, 2024

Equipment rental companies continue turning to the mergers and acquisitions market to keep up with strong demand amid national and...

Toro Co. signage stands at the company's headquarters in Bloomington, Minnesota, U.S., on Wednesday, Dec. 28, 2011. The economy in the Minneapolis area grew moderately in 2011, with strong growth in the agriculture, energy, and mining sectors and modest growth in consumer spending, tourism, residential and commercial construction, according to a report by the Federal Reserve Board.

Toro Company Red Iron originations down 37% in Q1

byJohnnie Martinez II

March 8, 2024

Outdoor power equipment manufacturer The Toro Company saw a decline in financing originations for its finance joint venture in the...

A newly constructed dock area at the construction site of the Chancay Port in Chancay, Peru, on Tuesday, March 5, 2024. One of Beijing's biggest economic beachheads in Peru is currently under construction a massive container port an hours drive north of Lima, in Chancay, built by Chinas state-controlled shipping company.

Trinity Capital equipment finance portfolio up 37%

byJohnnie Martinez II

March 7, 2024

Capital market financing firm Trinity Capital increased its equipment finance portfolio outstandings in 2023 as it experienced record portfolio growth. ...

Forklift trucks in front of distribution warehouse

First Foundation exits equipment finance

byJohnnie Martinez II

March 6, 2024

Irvine, Calif.-based First Foundation Bank has closed its equipment finance department to refocus on its core business and operating strategy. ...

A Ford Lightning F-150 pickup truck during a media event at Dutton Ranch in Sebastopol, California, US, on Friday, May 20, 2022. With the release of the F-150 Lightning, Ford hopes to electrify new and traditional truck buyers alike, and eventually to replace its industry-defining gas-powered line.

Ford Pro boosts electrification through telematics

byJohnnie Martinez II

March 6, 2024

Customers are relying on Ford Pro’s increased fleet management and telematics offerings to boost their electrification efforts in preparation for...

A Tesla Semi electric truck parked outside the Frito-Lay manufacturing facility in Modesto, California, US, on Wednesday, Jan. 18, 2023. PepsiCos Frito-Lay is replacing its diesel-powered freight equipment with zero-emission trucks, solar panels and energy-storage systems at it's Modesto plant.

Trucking industry vocal on EPA proposal to tighten emissions standards

byJohnnie Martinez II

March 5, 2024

Consumers and dealers continue to navigate the tightening federal and California emissions standards and expectations as headwinds hinder adoption. The...

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