Equipment Sector

ACT: February Class 8 Demand Down 43% Y/Y

According to preliminary data from ACT Research, 39,500 Classes 5-8 vehicle orders were booked in February, 17,900 of which were Class 8 marking a 43% year-over-year drop. read more

CIT Delivers Airbus A319-100 to Air Côte d’Ivoire

CIT Aerospace delivered an Airbus A319-100 to Air Côte d’Ivoire, the national airline of the Ivory Coast. read more

ACT: U.S. Trailer Orders Down, Inventory Up

Orders were down, inventory and build rates were up and cancellations were inconsequential, according to the most recent State of the Industry: U.S. Trailers published by ACT Research. read more

ACT: January Used Class 8 Truck Volumes, Mileage Shrink Y/Y

According to ACT Research, used Class 8 truck metrics continued to be mixed in January, with volume falling 25% month-over-month and 18% year-over-year. read more

GECAS Expands Boeing 737-800NG Passenger-to-Freighter Conversion Program

GE Capital Aviation Services (GECAS) and GECAS Cargo Aircraft Group announced an expansion of its 737-800 passenger-to-freighter conversion program with Boeing. read more

ATA Truck Tonnage Index Slides 1.4% in January

The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index fell 1.4% in January, following no change during December. read more

Used Commercial Truck Market Starts Year with Subdued Price Movements

According to commercial truck analysts from NADA Used Guide, a division of J.D. Power and Associates, slow wholesale commercial truck auction volume during January has led to high-volume selling in February. read more

Ritchie Bros. Sells $172MM of Equipment at Orlando-based Global Auction

Last week buyers from around the world visited Ritchie Bros.' 200-acre Orlando, FL site for the year's largest equipment auction. read more

Tetra Provides $475,000 Lease for Farm Equipment

Tetra Corporate Services provided a $475,000 lease for farm equipment to a farm located in the Northeast. read more

ACT: January Class 8 Orders Plummet 48% Y/Y

According to ACT Research, the Class 8 segment booked 18,247 net orders in January, down 48% year-over-year, while Classes 5-7 net orders were flat year over year at 17,400 units. read more

Zetta Jet Firms Up Orders for Two Bombardier Business Jets

Zetta Jet exercised options for two Global 6000 ultra-long range business jets with Bombardier Business Aircraft, part of a firm order plus four options originally announced in December. read more

ITA Announces Record-Breaking 2015 North American Lift Truck Sales

According to the Industrial Truck Association, the lift truck market in North America is at an all-time record high in the material handling industry. read more

Reuters: Weak Economy Causes China’s Business Jet Demand to Tumble

According to Reuters, as the Chinese economy weakens, demand for business jets is slowing, as the country’s business jet fleet grew at its slowest rate in the last 10 years in 2015. read more

JetLease Capital Closes Financing for Two Business Jets

JetLease Capital arranged and closed the financing for a pair of business jets. The aircraft financed were a 1999 GIVSP and a 2002 Cessna 525-CJ1. read more

ACT: Class 8 Supply Continues Rising Faster than Demand

According to ACT Research, in January, the capacity index rose faster than the freight index for the fifth consecutive month and the 11th time in the last 13 months. read more

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