Equipment Sector

ATA Projects Freight Volume Pick Up

The American Trucking Associations' chief economist Bob Costello said the trucking industry should see freight volumes increase toward the latter part of 2015. read more

Kubota Manufacturing Reaches 1MM U.S. Units Produced

Kubota Manufacturing completed production of its one millionth unit in the U.S. at its facility in Gainesville, GA. The milestone comes just over 20 years since the company began production of wheeled products in 1994. read more

August Manufacturing Technology Orders Down 21.2% Y/Y

According to the Association for Manufacturing, U.S. manufacturing technology orders totaled $286 million in August. The total marked a 10.2% drop from July and a 21.2% fall compared to August of last year. read more

Waypoint to Acquire 20 H135s as First Lessor for Rotorcraft

Waypoint Leasing has agreed to acquire up to 20 Airbus H135 aircraft over the next three years. Waypoint is the first lessor to acquire and lease the H135, and currently owns 25 Airbus aircraft in its global fleet. read more

CIT Aerospace Delivers Aircraft to Delta Air Lines

CIT Group announced that CIT Aerospace delivered its 29th and 30th aircraft as part of a key relationship with Delta Air Lines. read more

JetLease Capital Closes Financing for Cessna Citation CJ2

JetLease Capital arranged and closed financing for a $2.0 million Cessna Citation CJ2 loan. read more

GECAS Completes Purchase-and-Leaseback Transaction with Nok Air

GE Capital Aviation Services (GECAS) delivered two new leased Bombardier Q400 NextGen turboprop aircraft to Nok Air under a purchase-and-leaseback transaction. read more

CIT Delivers One Boeing 737-800 to T’Way Air

CIT Group announced that CIT Aerospace, a global provider of aircraft finance, delivered a Boeing 737-800 to South Korea-based T’Way Air. read more

GE Capital to Sell $2.5B Corporate Air Portfolio to Global Jet

Global Jet Capital has agreed to purchase the aircraft lease and loan portfolio for GE Capital Corporate Aircraft in the Americas representing about $2.5 billion of net assets. read more

Class 8 Tractors to Set Record Says ACT’s Vieth

According to Transport Topics, at the Technology & Maintence Council’s fall meeting ACT Research president Kenny Vieth said retail sales of class 8 tractors in the U.S. are still on pace to set a new record in 2015. read more

GM, Navistar Agree to Assemble Commercial Vehicles

General Motors and Navistar have reached a long-term agreement to develop and assemble future medium-duty, conventional cab Class 4 and 5 commercial vehicles. read more

GECAS Completes Transaction with Malindo Air for Six Boeing 737-800s

GE Capital Aviation Services completed a purchase-and-leaseback transaction with Malindo Airways for six new Boeing 737-800 aircraft.  read more

Business Aviation Fleets to Grow by 2.3% Through 2025  

According to Penton’s Business Aviation Fleet & MRO Forecast, the world's western produced in-service business fleets will increase from 31,000 aircraft in 2016 to nearly 38,000 aircraft at the end of 2025. read more

Construction Equipment Market to be Worth $208B By 2020

According to findings from Grand View Research, the global construction equipment market size is projected to reach $208.36 billion by 2020, growing at a CAGR of over 5% from 2014 to 2020. read more

U.S. August Class 8 Used Truck Volumes In Line YTD

According to ACT Research, used Class 8 truck metrics generally fell on a month-to-month basis, but were generally in line on a year-to-date basis. read more

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