Equipment Sector

Baker Hughes: January U.S. 2016 Rig Counts Down 61% Year/Year

Baker Hughes said the average U.S. rig count for January 2016 of 654 was down 1,029 or 61% compared to 1,683 average rig count in January 2015. read more

GECAS Delivers Two Leased A320 Aircraft to AtlasGlobal

GE Capital Aviation Services (GECAS) announced delivery of two leased Airbus A320 aircraft to Turkish carrier AtlasGlobal. read more

Mckinney Trailer Rentals Expands Texas Fleet

Mckinney Trailer Rentals announced the acquisition of the trailer rental fleet of Superior Trailer Leasing in Dallas. read more

GAMA: 2015 Business Jet Shipments Flat

According to the most recent release from GAMA, preliminary business jet shipments in 2014 were flat, rising 1.6% from 644 units in 2014 to 654 units in 2015. read more

AMT: 2015 Machine Tool Orders Decline 17% Year/Year

According to a recent report from U.S. Association for Manufacturing Technology, 2015 machine tool orders were down 17% compared to the previous year 2014. read more

GECAS Leases Three Bombardier Q400 Aircraft to Air Berlin

GECAS leased three new Q400 aircraft to Air Berlin, which will increase the airlines Q400 fleet to 20. read more

Volvo Cuts NA Truck Forecast Due to Lower Q4 Profit

According to the Wall Street Journal, Volvo cut its 2016 expectations for the North American truck market from 280,000 to 260,000 in response to lower Q4/15 profit. read more

Med One Capital Moves CA Branch Amidst Strong Growth

Med One Capital’s branch in Corona, CA is moving to a larger office and warehouse space to further its capacity to provide financial and rental solutions. read more

Boeing Completes First Flight of Jet with 3D-Printed Parts

The latest-generation Boeing 737 MAX, which is powered by LEAP-1B engines, made its maiden flight in Seattle last week. The aircraft is the first to have a jet engine that includes 3D-printed parts. read more

Avolon Delivers One Airbus A330-300 to Garuda Indonesia

Avolon announced the delivery of one Airbus A330-300 aircraft to Garuda Indonesia. This delivery is Avolon’s sixth aircraft on lease to Garuda Indonesia read more

Turnover Rate at Large Truckload Carriers Jumps in Q3

The annualized turnover rate at large truckload carriers rose 13 points to 100% in Q3/15, the highest it has been in three years, according to ATA Chief Economist Bob Costello. read more

Finnair Leases Two Further A321 Aircraft

Finnair exercised an option, under the letter of intent signed with BOC Aviation on December 31, 2015, to lease two additional new Airbus A321-200 narrow-body aircraft. read more

ACT: Used Class 8 Truck Volume, Pricing, Age Flat in 2015

Used Class 8 truck metrics continued to be mixed in December, according to the latest state of the industry report from ACT Research. read more

Ritchie Bros to Host Five-Day Equipment Auction in Orlando

Ritchie Bros.’ five-day auction will take place in Orlando from February 15-19, welcoming equipment buyers from heavy equipment industries. read more

ACT: Retail Sales of NG Fueled HD Trucks Down 1% YTD

U.S. and Canadian natural gas Class 8 truck retail sales started 2015 with slow growth and ended the year in the same fashion, according to a recent report from ACT Research. read more

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