Equipment Sector

WSJ: Heavy-Duty Truck Orders Lowest Since 2013

Citing research by FTR, the Wall Street Journal reported that net orders for heavy-duty trucks fell to 19,550 in August, the lowest level since September of 2013. read more

Boeing, Jet2.com Finalize Order Valued at $2.6B

Boeing and Jet2.com have finalized an order for 27 Next Generation 737-800s, valued at approximately $2.6 billion at current list prices.  read more

Business Jet Market to Eclipse $21MM in 2015

According to a report from Report Buyer, the business jet market will reach $21,065.5 million in 2015. read more

ACT: High Backlogs Fuel Decline of Classes 5-8 Truck Orders

In its preliminary report on net orders for Class 5-8 trucks for August, ACT Research said 37,200 Classes 5-8 vehicle orders were booked, down 8% from July and down 14% compared to August 2014. read more

IronPlanet Finalizes Cat Auction Schedule

IronPlanet announced key dates for its fall slate of Cat Auction Services onsite auctions, which features five major regional events across the U.S. and Canada. read more

Forum Energy Technologies Receives Contract for 8 Desalters

Forum Energy Technologies signed a contract with Egyptian Refining Company to engineer, design and build eight Edge II desalters. read more

Hilco, Gordon Brothers To Sell Assets of Butch’s Trucking

Hilco Industrial and Gordon Brothers Group will run a private treaty sale process to sell an extensive fleet of trucking and heavy haul equipment from Butch’s Trucking. read more

Global Narrow-Body Aircraft Market To Grow 4% From 2015-19

According to a new report from Technavio, the global narrow-body aircraft MRO market is expected to grow at a CAGR of almost 4% from 2015-2019, as airlines focus on lean management techniques to improve performance. read more

Avolon Delivers Boeing 737-800 to Aeromexico; Airbus A321 to Vueling

Avolon made two aircraft deliveries this week, delivering a fourth Boeing 737-800 to Aeromexico and an Airbus 321-2000 to Vueling Airlines. read more

Cessna Makes First Deliveries of New Midsize Jet

Cessna Aircraft, a subsidiary of Textron Aviation, announced the first deliveries of its newest midsize jet, the Cessna Citation Latitude. read more

Aggressive Growth Strategies Key for Medical Equipment Companies

With 7.5% median revenue growth in 2014, medical equipment companies are turning to more aggressive sales targets and compensation plans, a study by ZS Associates said. read more

Transnational Acquires Mining Equipment Through New Financing Agreement

Transnational Group entered into a financing agreement with China-based Exa Natural Resource and will receive $200,000 in capital and an additional $900,000 in mining equipment. read more

ACT: U.S. Class 8 Used Truck Volumes Steady in July

According to ACT Research, used Class 8 used truck metrics experienced a small boost in July compared to June, with average age and miles moving up 1%. read more

Deere Q3 Earnings Off 40% Amid Farm Economy Downturn

Deere & Company reported Q3/15 earnings were down 40% from the same quarter last year. The company noted “the continuing impact of the downturn in the farm economy as well as lower demand for construction equipment.” read more

Air Lease Delivers Boeing 737-800 to American Airlines

Air Lease delivered a new Boeing 737-800NG on a long-term lease to American Airlines on August 14, 2015. read more

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