Johnnie Martinez II, Author at Equipment Finance News

Partially assembled vehicles, including the Chevrolet Silverado 1500 and GMC Sierra 1500, at the General Motors assembly plant in Fort Wayne, Indiana, US, on Tuesday, April 9, 2024. General Motors Co. is scheduled to release earnings figures.

Ford and General Motors benefited from growing commercial vehicle demand in the fourth quarter, as software and fleet sales indicate...

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 roll with growing rental industry

byJohnnie Martinez II

February 5, 2025

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Equipment lenders are adapting to the growing equipment rental market and developing financing programs that fit customers' needs. The rental...

Equipment dealers and lenders are looking to capitalize on growing demand for rental equipment as the used-equipment market adjusts ahead of 2025

Equipment lenders see January M&A jump

byJohnnie Martinez II

February 4, 2025

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Equipment lenders and lending service providers entered the mergers and acquisitions market to begin 2025 as both look to strengthen...

A truck carrying vehicles near the Otay Mesa Port of Entry, on the US-Mexico border in Tijuana, Baja California, Mexico, on Monday, Jan. 27, 2025. Cargo like cars move along the border economy as US President Donald Trump signaled plans to impose previously threatened tariffs of as much as 25% on Mexico and Canada by Feb. 1, unless the US neighbors did more to clamp down on immigration.

Truck prices find stability as expectations for 2025 grow

byJohnnie Martinez II

February 3, 2025

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Stable pricing in the trucking industry at the end of last year opens the door for a better 2025 after...

A tractor trailer approaches the Peace Bridge at the Canada-US border in Fort Erie, Ontario, Canada, on Monday, Feb. 3, 2025. US President Donald Trump's move to invoke an emergency and impose tariffs on Canada, Mexico and China is the most extensive act of protectionism taken by a US president in almost a century.

Looming tariffs present risks for the equipment sector

byJohnnie Martinez II

February 3, 2025

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Even with a 30-day pause on the implementation of 25% tariffs on goods from Canada and Mexico, the equipment sector...

Equipment manufacturers JCB, JLG push parts commonality

Equipment manufacturers push parts commonality

byJohnnie Martinez II

January 31, 2025

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Equipment manufacturers are modernizing their products with more universal parts and faster services. The commonality of parts in newer equipment...

The TikTok account of Scott McIntosh, a digital advertising executive and founder of Cell Phone Seat, on a smartphone arranged in Franklin, Tennessee, US, on Tuesday, Nov. 21, 2023. In September, TikTok launched the US version of TikTok Shopan effort to combine the ease of shopping on Amazon.com Inc. with the product discovery afforded by social-media sites like Instagram.

Digital forensic use on the rise in equipment lawsuits

byJohnnie Martinez II

January 30, 2025

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LAS VEGAS – Issues including how long – and when – a delivery driver was on the phone, or how...

A Kenworth T680E 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.

Paccar Financial Services profits slip as delinquency concerns rise

byJohnnie Martinez II

January 28, 2025

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Paccar Financial Services, the financial arm of truck manufacturer Paccar, saw profits dip in 2024 as delinquencies and loss provisions...

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