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
NOV 17, 2015 - 6:50 am
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
NOV 17, 2015 - 5:40 am
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
NOV 16, 2015 - 5:08 am
Air Lease announced the delivery of the first of four new B777-300ER widebody aircraft on long term lease with Taiwanese airline EVA Air. read more
NOV 13, 2015 - 6:16 am
FTR’s Trucking Conditions Index (TCI) measure for September declined from the previous month to a reading of 8.46. read more
NOV 13, 2015 - 6:09 am
According to market research firm Lucintel, the global oil and gas field equipment and services market is expected to grow with a CAGR of 6% from 2015 to 2020, led by growing demand for oil and gas as well as stronger pricing for pressure pumping services. read more
NOV 12, 2015 - 6:56 am
GECAS signed an agreement to lease two new Boeing 737 MAX aircraft to Okay Airways Company Ltd. The aircraft are scheduled for delivery in 2018 and are part of GECAS’ existing orderbook with Boeing. read more
NOV 6, 2015 - 5:57 am
According to preliminary findings from ACT Research, for the month of October, 47,200 Classes 5-8 vehicle orders were booked, up 14% from September, but down 30% compared to the robust net orders in October 2014. read more
NOV 4, 2015 - 6:18 am
GE Capital Aviation Services delivered a leased Airbus A330-200 aircraft to Deutsche Lufthansa A.G. The aircraft is the first of up to seven leased A330-200s scheduled for delivery to Lufthansa through 2017. read more
OCT 29, 2015 - 6:44 am
According to ACT Research, trailer net orders in September reached nearly 36,000 units, a roughly 47% increase from August’s pace and a 12% boost on a year-over-year basis. read more
OCT 29, 2015 - 6:36 am
According to ACT Research, class 8 trucks booked 19,400 net new orders in September, down from 20,200 in August. Meanwhile, classes 5-7 posted 22,000 net orders. read more
OCT 22, 2015 - 6:42 am
Ryder added 200 new Euro 6 trucks and vans along with 90 new refrigerated box trailers to its refrigerated rental fleet. read more
OCT 22, 2015 - 6:25 am
Natural gas powered class 8 truck and bus sales continue at a slower pace compared to 2014, as well as when calculated as a percentage of the total market, according to a new report from ACT Research. read more
OCT 22, 2015 - 6:24 am
U.S. cutting tool consumption totaled $168.8 million in August, a decrease of 8.3% compared to the same month last year, according to the U.S. Cutting Tool Institute and the AMT. read more
OCT 20, 2015 - 6:56 am
Boeing announced EVA Airways' intent to purchase up to 24 787-10 Dreamliners and two additional 777-300ER (Extended Range) jetliners, which is valued at more than $8 billion at current list prices. read more
OCT 19, 2015 - 6:42 am