Equipment Sector

CIT Aerospace Delivers One Boeing 737-800 to Go2Sky

CIT Aerospace delivered a Boeing 737-800 to Go2Sky, a Slovak airline based at Bratislava Airport. read more

Construction Equipment Rental Market to Reach $84.6B by 2022

According to a recent report from Research and Markets, the construction equipment rental market is expected to reach $84.6 billion by 2022. read more

Avolon Delivers Airbuses to VietJet Air and Garuda Indonesia

Avolon delivered one Airbus A320-200 aircraft to Vietjet Air and one Airbus A330-300 aircraft to Garuda Indonesia. read more

Deere Cuts 125 Employees at Two Locations

Deere will dismiss 125 employees at two factories in Iowa indefinitely. The layoffs will take place in April. read more

ABN AMRO Provides Dry-Bulk Vessel Financing to Diana Shipping

ABN AMRO will provide $25.8 million of financing to support Diana Shipping’s acquisition of two dry-bulk vessels. read more

Penton’s EquipmentWatch Reveals Highest Retained Value Award Winners

Penton's EquipmentWatch announced the winners of the first Highest Retained Value Awards. The awards recognize manufacturers in 26 different heavy equipment categories. read more

Pro Star Freight Systems Expands Truck Fleet

Pro Star Freight Systems announced the addition of 19 trucks to its long haul freight fleet. read more

Frac Equipment Drives Kruse’s One-Day Auction Record

Kruse Energy announced a one-day record at its Midland, TX auction that drove the company’s gross merchandise volume sold to surpass $1 billion since mid-2005, when the company was formed. read more

PACCAR to Record Q1 $945MM Charge in European Anticompetitive Probe

According to a recent filing, PACCAR will book a $945 million charge as it prepares for a ruling on anticompetitive practices in the European Union. read more


ACT Research: U.S. Trailer Orders, Production Up in March

ACT Research reported March trailer net order rose 26% month/month and 3.5% year/year. ACT noted, “Large fleets continue to drive the market, and low cancellations show orders are firm.” read more

February Class 8 Retail Sales Lowest Since 2014

Transport Topics reported February U.S. Class 8 retail sales in February fell to 15,876 trucks, down 10.9% compared to 17,811 in 2014, the lowest monthly total since February 2014. read more

ATA February Truck Tonnage Index Jumps to All-Time High

The American Trucking Associations’ For-Hire Truck Tonnage Index jumped 7.2% in February. The index equaled 144 (2000-100), up from 134.3 in January, which the ATA said is an all-time high. read more

Construction Employment Is Up in 243 Out of 358 Metro Areas

The Associated General Contractors of America reported that construction employment increased in 243 out of 358 metro areas, was unchanged in 43 and declined in 72 between January 2015 and January 2016. read more

GECAS Delivers Boeing 737-800 to Okay Airways

GE Capital Aviation Services delivered a new leased Boeing 737-800 aircraft to Chinese airline Okay Airways to expand the carrier’s fleet. read more

ACT Research: February Used Class 8 Truck Volumes Mixed

According to ACT Research, used Class 8 truck metrics continued to be mixed in February, up 6% year/year, but down 7% year-to-date. read more

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