Equipment Sector

GE to Connect 500,000 Imaging Machines with Health Cloud and Apps

The GE Health Cloud was unveiled at the 101st annual RSNA meeting in Chicago. GE said the new cloud will connect to more than 500,000 GE imaging machines, shifting image post-post-processing from on-site machines to the cloud. read more

Transport Topics: October Class 8 Retail Sales Down 12.6%

Transport Topics reported U.S. retail sales of class 8 trucks declined on a year/year basis for the first time in 26 months as a softer economy sent mixed signals to the industry. read more

ACT Research: U.S. Trailer Orders Continue Solid Season

ACT Research said trailer net orders in October were down 7% from September and down 30% year/year. However, the solid order season continues for this segment of the commercial vehicle industry. read more

Boeing, EVA Airways Finalize Taiwan’s Largest Commercial Air Purchase

Boeing and EVA Airways finalized an order for up to 24 787-10 Dreamliners and two 777-300ER jetliners, valued at $8 billion, marking the largest single commercial airplane purchase in Taiwan aviation. read more

Boeing, BOC Aviation Announce Order for 22 737s

Boeing and BOC Aviation announced an order for 22 737 airplanes, building on the leasing company's existing order book to fulfill customer demand. read more

GECAS, Boeing Announce Delivery of 500th Boeing Aircraft

GE Capital Aviation Services and Boeing announced the next-generation 737-800 to be leased to Kenya Airways will be the 500th Boeing airplane that will be delivered to GECAS over its 20-year association with the plane maker. read more

October Business Jet Activity Reaches Highest Levels Since 2007

According to data from ARGUS TRAQPak, business jet activity in October reached its highest levels since 2007, finishing up 4.8% compared to September. read more

Equipment Finance Industry Confidence Rises in November

According to the ELFF’s Monthly Confidence Index, confidence in the equipment finance market rose to 60.2 from the October reading of 58.7. read more

Flexjet Orders 20 Aeron AS2 Aircraft, Ups Challenger 350 Order

Flexjet announced at the NBAA’s Convention it has placed a firm order for 20 of Aerion’s AS2 aircraft. In addition, Flexjet has exercised options for 20 additional Challenger 350 business jets from Bombardier. read more

Business Jet Market Valued at $248B Through 2024

According to a study from Forecast International, 9,237 business jets will be produced from 2015 to 2024, with a value of production estimated at $248 billion. read more

ATA Disappointed by Senate’s Vote on Twin-Trailer Truck Length Extension

The Hill reported that the U.S. Senate voted against provisions for increasing the length of twin-trailer trucks allowed on U.S. roads, which ATA CEO Bill Graves called “unfortunate.” read more

ACT: October Classes 5-7 and 8 Net New Orders Muted

The latest State of the Industry report from ACT Research revealed that there were 25,900 net new orders of Class 8 trucks in October, a 34% increase month-over-month but “at a lower absolute level than previously expected.” read more

Honeywell Business Aviation Forecasts 5% Reduction in Value

In its annual forecast, Honeywell Aerospace predicted up to 9,200 new business jet deliveries worth $270 billion from 2015 to 2025, with a 3% to 5% reduction over the value noted in the 2014 forecast. read more

U.S. Cutting Tool YTD Consumption Down 1.9% in September

According to the USCTI and the AMT, September U.S. cutting tool consumption totaled $170.8 million, which was up 1.3% from August but down 11.7% from September 2014 and 1.9% when compared year-to-date to 2014. read more

Class 8 Freight Volumes Soft in October

Freight volumes in October were disappointing according to the most recent ACT For-Hire Trucking Index from ACT Research. The October survey was in line with other reports showing softer freight conditions. read more

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