Equipment Sector

ACT: CV Data Indicates Demand Strength, Stagnating Freight Growth

According to the latest ACT Research State of the Industry: Classes 5-8 Report, March’s Class 8 metrics generally aligned with expectations, with the lone exception of cancellations, which continued to trend lower. read more

Textron Reports Higher Q1/19 Jet & Turboprop Deliveries

Textron reported higher Q1/19 Aviation segment profit on significant increases in year-over-year jet and turboprop deliveries. The backlog at the end of the quarter of $2 billion was up $204 million from year end. read more

Preliminary Used Class 8 Volumes Jump 25% M/M in March

Preliminary used Class 8 volumes (same dealer sales) jumped 25% month-over-month in March, following a modest decline in February, according to the latest State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research. read more

ACT Research: NA Classes 5-7 Orders Take A Respite

According to ACT Research, preliminary North America Classes 5-7 net order data show that segment of the industry declined in March. read more

John Deere Launches Low Monthly Payment Plan for Select Equipment

John Deere launched a new, low monthly payment lease program for customers seeking financial flexibility when acquiring select models of John Deere compact track loaders and skid steer loaders. read more

ACT Research: NA Class 8 Orders Drop Significantly in March Y/Y

Preliminary North America Class 8 net order data show the industry booked 15,700 units in March, dropping a moderate 6.7% from February, but down 66% from year-ago March. read more

ACT Research: Used Truck Prices Rose 2% M/M in February; Sales Fell 7%

The average price of total used Class 8 trucks in February was up 2% month-over-month, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research. read more

Ritchie Bros. to Host Largest Grande Prairie Spring Auction Ever

Next week Ritchie Bros. will host its first Grande Prairie, AB auction of the year and with 2,800+ equipment items and trucks set to sell over three days, it will be the site's largest spring auction ever. read more

Sertant Completes $10.5MM Transaction For Film and Paper Manufacturer

Sertant Capital has completed a $10.5 million transaction for a full-service flexible film and paper packaging manufacturer and converter specializing in sustainable packaging for the food, beverage, nutraceutical, construction, textile and health care industries. read more

Fleet Advantage: 2020 Model Year Replacements May Save Costs

Fleet Advantage released its Q1/2019 Truck Lifecycle Data Index (TLDI) comparing all-in operating costs of early-model Class-8 trucks to 2020 model-year replacements. The TLDI shows significant cost savings when replacing older-model vehicles with 2020 MY trucks. read more

Chinese CV Truck Market Softening Amid Environmental Concerns

While not impacting each commercial vehicle segment every year, structural changes within China’s CV market are expected to exert downward pressure through 2022, according to the most recent China Commercial Vehicle OUTLOOK from ACT Research. read more

ACT: U.S. Trailer Orders Continued to Drop in February, Down 29% Y/Y

U.S. trailer order volume came in below previous year volume for the third straight month in February, but OEMs still booked nearly 24,000 net orders during the month, according to the latest ACT Research State of the Industry report. read more

Current Class 8 Orders See Big Backlogs

In the release of its Commercial Vehicle Dealer Digest, ACT Research noted that recently softer Class 8 orders are attributed to backlogs that are still out about 10 months. read more

Commercial Vehicle Industry Solid Despite Slowing U.S. Economy

According to ACT Research’s recently released Transportation Digest, conditions in the Class 8 market are solid, benefitting from momentum generated in 2018. read more

ACT: February Trailer Industry Net Order Volume Down 29% Y/Y

ACT Research’s preliminary estimate for February 2019 net trailer orders is 23,800 units. Final volume will be available later this month. read more

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