GAMA Releases Q1/24 Aircraft Shipment and Billing Report

The General Aviation Manufacturers Association (GAMA) published its Q1/24 General Aviation Aircraft Shipment and Billing Report. The report shares results for the first three months of 2024 compared to the same period in 2023. read more

Act Research: For-Hire Recovery Stalled by Private Fleet Productivity

The latest release of ACT Research’s For-Hire Trucking Index continues to reflect a slowly recovering for-hire trucking market. The Volume Index decreased 4.1 points in April to 41.7, seasonally adjusted (SA), from 45.8 in March. read more

Global Jet Capital Publishes Annual Business Jet Market Forecast

Global Jet Capital released its annual Business Jet Market Forecast. In the updated report, the company projects continued growth for the next five years. The forecast also contains insights and projections for the business aviation market through 2028. read more

KBRA Releases Q1/24 U.S. Bank Compendium

KBRA released its Q1/24 U.S. Bank Compendium, providing the latest view of the U.S. banking industry and analysis of Q1/24 results for U.S. banks with KBRA long-term ratings. read more

ELFA: New Business Volume Rebounds in April

The ELFA’s Monthly Leasing and Finance Index (MLFI-25) showed that overall new business volume for April was $11 billion, up 17% year-over-year and up 18% from $9.3 billion in March. Year-to-date, cumulative new business volume was up 4.9% compared to 2023. read more

ACT Research: Roadcheck Finds Truckload Market Near Equilibrium

Slowing U.S. Class 8 tractor fleet growth, while roughly a year later than price signals suggested, will help move the cycle forward, and how quickly it affects rates will depend mainly on freight demand and fleet productivity, according to ACT Research. read more

Fleet Advantage Releases CARB Prebuy Industry Survey

Fleet Advantage released the results of an industry-wide survey taking the pulse on fleets’ life cycle strategies, how many fleets are aware of the anticipated CARB prebuy mandate, as well as their anticipated plans for equipment acquisition over the next few years. read more

Technavio Study: Used Trucks Market Size Set to Grow by $13.37B from 2024 – 2028

The global used trucks market size is estimated to grow by $13.37 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of over 5.38% during the forecast period. read more

Visiongain Report: Hydrogen Vehicle Market Projected to Grow at a CAGR of 22.7% by 2034

The global hydrogen vehicle market was valued at $23.34 billion in 2023 and is projected to grow at a CAGR of 22.7% during the forecast period 2024 to 2034, according to Visiongain’s newest report, “Hydrogen Vehicle Market Report 2024-2034.” read more

Equipment Finance Industry Confidence Lower in May at 50.7

Overall, confidence in the equipment finance market is 50.7, a decrease from the April index of 52.9, according to the Equipment Leasing & Finance Foundation’s May 2024 Monthly Confidence Index for Equipment Finance Industry. read more

ACT Research: Trailer Forecast Cuts Driven by Class 8 Overcapacity and Carrier Profits

Except for trailers, changes to medium duty and Class 8 forecasts this month were small, as published in the latest release of the North American Commercial Vehicle OUTLOOK. read more

90% of Small Business Owners are Optimistic About the Future of their Businesses

90% of small the small business owners surveyed in TD Bank’s 2024 Small Business Survey noted their optimism for the future of their business in the next 12 months, which is up from 80% in 2023 despite the prolonged turbulence in the economic environment. read more

Economic Impacts of Converting to Commercial Electric Vehicles in Current Market

The annual total cost to transport by elective vehicles versus diesel is estimated to increase across the board — ranging from up to 5% for a light-duty transit van to as much as 114% for a heavy-duty tractor (depending on the geographic area), according to Ryder System. read more

33% of Carriers Predict Freight Demand to Increase in the Next 3 – 6 Months

Sentiment among North American carriers operating in the truckload spot market has improved over the past three months, though some concerns still linger, according to the latest Bloomberg | Truckstop survey. read more

Digital Contracting Adoption Rate Increases 19% M/M and 28% Y/Y

The rate of adoption for digital contracting increased 19% month over month and 28% year over year, according to Wolters Kluwer’s Equipment Lease Finance Digital Transformation Index. The moving four-year trend continues to show digital adoption growth of 118% since Q1/20. read more

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