Johnnie Martinez II, Author at Equipment Finance News

Used International trucks manufactured by Navistar International sit on the lot of the company's used truck facility in Melrose Park, Illinois Wednesday, Aug. 15, 2001. The fourth-largest truckmaker reported fiscal third-quarter earnings fell 98 percent as a glut of used trucks and the effects of the slowing U.S. economy reduced demand. The Melrose Park lot, one of 15 company owned lots, has nearly 300 trucks in inventory.

Kirk Mann, executive vice president and head of transportation and vendor solutions at Mitsubishi HC Capital America, will discuss the state of...

A Caterpillar Inc. Equipment Dealer Ahead Of Earnings

Finning new sales rise as North American dealers see strength

byJohnnie Martinez II

February 17, 2026

Canadian Caterpillar dealers Finning International and Toromont Industries reported increased new-equipment sales in the fourth quarter, while Stockholm-based construction and truck equipment dealer Ferronordic’s U.S. segment new sales improved despite uncertainty in other markets. Finning new equipment...

Equipment rental and leasing prices increased in October as the Federal Reserve’s rate cuts had a positive effect on the industry.

Podcast: Pathward VP of Commercial Finance Rick Pierman on extending financing terms

byJohnnie Martinez II

February 12, 2026

Equipment finance borrowers are aiming to extend their financing terms as higher interest rates, inflation and tariffs drive up costs. Borrowers are looking to meet cash flow requirements by extending terms up to 84 months, Rick Pierman,...

Terex unloads van, RV brand after REV Group merger

byJohnnie Martinez II

February 10, 2026

Terex Corp. has completed the sale of its luxury RV and specialty van brand, Midwest Automotive Designs, to Alliance RV....

Mack Financial Services expands insurance portfolio as commercial premiums rise

byJohnnie Martinez II

February 5, 2026

Mack Financial Services has expanded its portfolio with the launch of a new physical damage insurance program designed to help fleets manage...

Apply to take part in the Equipment Finance Connect 2026 Demo Challenge

byJohnnie Martinez II

February 2, 2026

Equipment Finance News is pleased to announce that applications are open for the 2026 Demo Challenge at Equipment Finance Connect, taking place May 18-19...

Caterpillar Inc. excavators sit on display at the Altorfer CAT dealership in Bettendorf, Iowa, U.S., on Friday, Oct. 19, 2012. Caterpillar Inc., the world's biggest construction and mining equipment maker, is scheduled to report quarterly earnings on Oct. 22.

Dealer consolidation to strengthen in 2026 despite higher rates

byJohnnie Martinez II

January 30, 2026

Dealer consolidation in the equipment sector is expected to continue in 2026, even as higher floorplan interest rates and economic uncertainty persist. ...

Core capital goods orders slip as business spending remains stagnant

Core capital goods orders rise 5.5% YoY in November

byJohnnie Martinez II

January 27, 2026

Orders for core capital goods increased in November as favorable fiscal and monetary policies improved capital spending. In November, core capital goods orders, which...

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