Equipment Sector

Penton Releases Heavy Equipment Residual Value Report

Penton’s EquipmentWatch, a provider of data, software and insights for the heavy equipment industry, published its first Heavy Equipment Residual Value Report this year. read more

GAMA: Business Jet Shipments Fall 4.1%

According to the General Aviation Manufacturers Association, all aircraft shipments were down yet again in Q2/15, including a 4.1% drop in business jet shipments. read more

ACT: U.S. Trailer Orders Defy Expectations

According to ACT Research, net trailer orders reached nearly 27,900 units in June, a 73% jump from the previous month and a number that defied industry expectations. read more

Global Construction Equipment Market to Reach $166B by 2020

According to a report from Research and Markets, the global heavy construction equipment market is expected to reach $166 billion in 2020, with a projected CAGR of 6.8, indicating a steady increase in the demand for such equipment. read more

Hyster-Yale Q2 Lift Truck Backlog Up Y/Y; Outlook Mixed

Hyster-Yale said its Q2 worldwide lift truck backlog was 30,900 units, up 7.3% from 28,800 units at the end of Q2/14. In its outlook, HYMH said after stronger than expected demand in H1/15, the global market is expected to slow in H2/15. read more

ATA: Truck Tonnage Falls in June

The American Trucking Associations’ adjust Turck Tonnage Index fell by 0.5% in June, following a revised gain of 0.8% in May. read more

GECAS Delivers 2 Boeing 737s to 9 Air

GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, delivered two leased Boeing 737-800s to new customer 9 Air. read more

WSJ: Cat to End Navistar Deal, Build Own Trucks

The Wall Street Journal has reported that Caterpillar will terminate its outsourcing deal with Navistar International and begin building its own line of dump trucks in Texas. read more

ATA: Class 8 Trucks in Use to Reach 3.98 million by 2026

A new report released by the ATA projects freight volumes will increase by nearly 29% over the next 11 years. The ATA noted that the number of Class 8 truck in use will grow from 3.56 million in 2015 to 3.98 million by 2016. read more

Ritchie Bros Sets Record at Fort Worth Auction

Ritchie Bros. announced it sold more than $53 million of equipment and trucks at its public auction in Fort Worth, TX. The two-day auction set a new site record for with more than 4,250 items sold. read more

ACT: Class 8 Used Truck Volumes Up In June

According to a release on the state of the U.S. used truck industry by ACT Research, Class 8 used truck prices rose by 3% year-over-year and 7% year-to-date, falling into ACT’s expectations of 5-10% growth in 2015. read more

FarmLink Introduces Equipment Sharing Program

FarmLink introduced a new online farm equipment sharing program called MachineryLink Sharing, which will allow farm equipment owners to lend equipment when it is not being used. read more

FedEx To Acquire 50 Additional Boeing Aircraft

FedEx Express, a wholly owned subsidiary of FedEx Corporation, has agreed to purchase 50 additional 767-300F aircraft from Boeing. In addition to the 50 confirmed orders, FedEx also has options to purchase a total of 50 767F aircraft. read more

GECAS Delivers First of Three Aircraft to euroAtlantic

GE Capital Aviation Services has delivered the first of three Boeing 767-300ERs to euroAtlantic airways. read more

International Truck Gets Order For 1,050 Trucks

International Truck today has reached a multi-year supply agreement and secured orders for 1,050 new Class 8 on-highway tractors from a provider of fleet and owner-operator leasing services. read more

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