Equipment Sector

Cessna Reaches 7,000th Citation Delivery with First to NetJets

Cessna Aircraft, a subsidiary of Textron Aviation, delivered the first fractional Cessna Citation Latitude midsize business jet to NetJets, marking the 7,000th Citation delivered worldwide. read more

AerCap Delivers First Airbus A350 XWB Aircraft to Ethiopian Airlines

AerCap Holdings announced the delivery of a new Airbus A350-900 to Ethiopian Airlines, the first of two new A350-900 aircraft deliveries on long-term lease to the airline from AerCap’s order book with Airbus. read more

ACT Research: U.S. Trailer Orders in May Down M/M and Y/Y

Trailer net orders fell nearly 14% month over month, and contracted 10% year over year, according to the most recent State of the Industry: U.S. Trailers published by ACT Research. read more

IronPlanet Holds Third Cat Auction

IronPlanet, an online marketplace for selling and buying used equipment and other durable assets, returned to Edmonton, Alberta, Canada for its latest Cat Auction Services unreserved public auction last week. read more

ACT Research: May Used Class 8 Truck Volumes Drop M/M, Y/Y and YTD

Used Class 8 truck same dealer sales volumes fell by double-digit percentages month-over-month and year-over-year. However, year-to-date volumes declined by a smaller percentage. read more

Waypoint Leasing Places Two New Sikorsky S-92 Helicopters

Waypoint Leasing placed two new Sikorsky S-92s on lease with a global helicopter operator and re-leased 16 aircraft with legacy operators. read more

Southwest Postpones Delivery of 67 Boeing 737 Max Jetliners

Bloomberg reported that Southwest Airlines will push back $1.9 billion of spending on aircraft during the next 10 years by delaying the delivery of 67 Boeing 737 Max 8 aircraft by as many as six years. read more

ATA: May Truck Tonnage Index Up 5.7% Y/Y

The American Truck Associations’ For-Hire-Truck Tonnage Index for May was up 5.7% compared to May 2015. ATA Chief Economist Bob Costello said, “Recent choppy pattern in tonnage expected to continue for the next quarter or two.” read more

InMotion Global, Triumph Offer Instant Funding with New Software

InMotion Gloabal said it has integrated Triumph Business Capital’s full offering of load funding services within AscendTMS, a cloud-based transportation management system for trucking companies. read more

Caterpillar Global Sales Fall 12%, Continue Downward Spiral

In its most recent retail sales statistics release, Caterpillar reported that total machine sales for the three-month period ending in May were down 12%. read more

GECAS Delivers New Leased Boeing 737-800 to Air China

GE Capital Aviation Services delivered a new leased Boeing 737-800 aircraft powered by CFM engines to Air China. read more

Navig8 Enters $91.2MM in Leaseback Agreements with CMB Financial Leasing

Navig8 Chemical Tankers entered into sale and leaseback agreements with CMB Financial Leasing for three IMO2 37,000 DWT Interline coated tankers. read more

ACT Research: Demand Remains Healthy for Medium Duty, Weak for Heavy

According to ACT Research, Class 8 orders in May rose 4% month-over-month, but contracted nearly 31% on a year-over-year basis, to a total of 14,224 units. read more

Fleet Advantage Establishes Safety Committee

Fleet Advantage announced the establishment of a new Safety Committee dedicated to providing insight and overseeing critical safety-related programs for the fleet transportation industry. read more

NADA Reports Steady Class 8 Auction Volume, Double-Digit Depreciation

In its most recent guidelines report, NADA Used Car Guide analysts found Class 8 auction volume has remained steady, and well behind the inflated numbers of the second half of 2015. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com