Diana Shipping completed a previously announced sale and leaseback agreement with an unaffiliated Japanese third party for the DSI Andromeda, a 2016-built Ultramax dry bulk vessel. read more

DEC 29, 2022 - 6:51 am

According to ACT Research’s recent issue of its State of the Industry: U.S. Trailers report, November net U.S. trailer orders of 39,590 units were 17% lower compared to October, 27% lower on a seasonally-adjusted basis and 22% above the year-ago November level. read more

DEC 29, 2022 - 6:45 am

According to ACT Research's latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks report, used Class 8 retail volumes (same dealer sales) were down 19% month to month in November. read more

DEC 28, 2022 - 7:04 am

Zoomlion Heavy Industry Science & Technology, Ltd., a construction machinery company, released the industry's first intelligent construction packaged solution on Dec. 15 in the Earthmoving Machinery Smart Park of the Zoomlion smart industrial city in Changsha, Hunan, CN. read more

DEC 27, 2022 - 7:16 am

According to ACT Research’s For-Hire Trucking Index, the supply-demand balance and volumes have decreased recently while freight rates have also continued to decline. read more

DEC 22, 2022 - 7:14 am

Ritchie Bros. conducted its largest auction in Texas this month, selling more than $86 million of equipment and trucks for more than 800 consignors in three days. The auction was held in Fort Worth, TX. read more

DEC 20, 2022 - 7:15 am

Chinese commercial vehicle market demands for heavy trucks, medium trucks and tractors continued a strong decline, affected by policy, market and economic factors, according to the recent release of ACT Research’s China Commercial Vehicle OUTLOOK. read more

DEC 20, 2022 - 7:14 am

ACT Research released the December installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report. read more

DEC 15, 2022 - 7:03 am

According to Global Jet Capital’s Q3/22 business aviation market brief, the business jet market exhibited strong performance in the third quarter, continuing a trend that began in the second half of 2020. read more

DEC 8, 2022 - 7:19 am

According to ACT Research, Preliminary NA Class 8 net orders in November were 33,000 units, while NA Classes 5-7 net orders were 21,400 units. ACT will publish complete industry data for November, including final order numbers, in mid-December. read more

DEC 6, 2022 - 7:15 am

United Rentals announced its online rental catalog now includes emissions level information for all equipment. This allows companies to make more informed decisions to choose the right equipment that supports their jobsite needs and sustainability goals. read more

DEC 2, 2022 - 7:19 am

Penske Truck Leasing and Daimler Truck North America celebrated the delivery of two battery electric production model Freightliner eCascadia semi-trucks. read more

NOV 29, 2022 - 7:10 am

According to ACT Research’s recent release of the For-Hire Trucking Index, the supply-demand balance increased as volumes ticked up and freight rates continue to decline. read more

NOV 29, 2022 - 7:07 am

According to ACT Research, used Class 8 retail volumes were down 19% month to month in October, while average mileage was flat, average price was down 2% and age was up 5%. Longer term, average price and miles were higher year over year, with prices up 15%.  read more

NOV 28, 2022 - 7:20 am

According to Ritchie Bros.’ recent November Market Trends Report, there has been a continued rise in popularity of compact earthmoving equipment, as U.S. excavator large unit volumes are down significantly in 2022, while mini excavator sales have been increasing. read more

NOV 22, 2022 - 7:16 am