Johnnie Martinez II, Author at Equipment Finance News

Forklift trucks in front of distribution warehouse

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...

John Deere 5EN Series tractors at the World Agriculture Expo in Tulare, California, US, on Tuesday, Feb. 13, 2024. The annual World AG Expo has more than 1,200 exhibitors displaying the latest in farm equipment, chemicals, communications, and technology.

NAEDA voices concern on federal Farm Bill, right-to-repair efforts

byJohnnie Martinez II

February 29, 2024

The North American Equipment Dealers Association continues to navigate and combat federal legislation efforts ahead of the 2024 election. North...

Hyster-Yale Americas dealer sales spike again

byJohnnie Martinez II

February 28, 2024

Material handling manufacturer Hyster-Yale grew dealer sales in the Americas in the fourth quarter as it benefited from improving supply...

SWANSEA, WALES - NOVEMBER 26: Staff at the Amazon Swansea fulfilment centre process orders as they prepare for what is expected to be their busiest Christmas on record on November 26, 2010 in Swansea, Wales. The 800,000 sq ft fulfilment centre, the largest of Amazon's six in the UK and one of the largest in the world, is gearing up for 'Cyber Monday', which this year is Monday December 6, and is predicted to be the busiest online shopping day of the year. In 2009, Cyber Monday saw 2 million orders received at a rate of 23 orders per second.

Monthly core capital goods orders rise slightly

byJohnnie Martinez II

February 27, 2024

New orders for core capital goods increased slightly for the first month of 2024, as core capital goods showed strength...

RB Global commercial construction, transportation revenue up 17%

byJohnnie Martinez II

February 26, 2024

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

An executive demonstrates how to plug a CCS charger into a Volvo VNR electric truck at Hight Logistics in Long Beach, California, US, on Monday, Dec. 5, 2022. Forum Mobility replaces diesel drayage freight trucks, a major source of toxic emissions, with electric models for a monthly fee.

California truck dealers invest in EV infrastructure

byJohnnie Martinez II

February 5, 2024

As pressure to increase commercial electrification grows across the trucking industry, California dealers and agencies continue to develop and invest...

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