The U.S. Department of Energy awarded Penske Truck Leasing a $400,000 grant for the company’s Alternative Fuel Vehicle Demonstration and Enhanced Driver Experience Project to further introduce alternative fuel vehicles to its customer base. read more

MAY 7, 2015 - 7:17 am

Air Lease announced a long-term lease agreement with Volaris for one additional new Airbus A321-200 CEO aircraft with Sharklets. This aircraft is scheduled for delivery in spring 2016. read more

MAY 7, 2015 - 7:16 am

In a report on Honda’s new HondaJet, Motley Fool notes it has been almost 30 years in the making, but the first of Honda’s long-awaited private jets are about to be delivered to customers. read more

MAY 6, 2015 - 7:10 am

For the month of April, 39,700 Classes 5-8 vehicle orders were booked, down 6% compared to April 2014, according to ACT Research. read more

MAY 6, 2015 - 7:05 am

The Commerce Department reported March new orders and shipments were up $9.6 billion and $2.3 billion, respectively. Transportation equipment led the new order increase (13.5%) as well as the increase in shipments (4.6%). read more

MAY 5, 2015 - 7:05 am

The March Rouse Value Index for used equipment prices increased to 46.6, up 0.4% from February values. This is 7.7% higher than the prior peak period of 43.3 in April 2007. read more

MAY 4, 2015 - 7:22 am

GE Capital Aviation Services Limited announced delivery of a new leased Boeing 737-800 aircraft to VRG Linhas Aéreas S.A. as part of a four-aircraft sale/leaseback transaction. read more

MAY 4, 2015 - 7:21 am

General Dynamics reported that its Gulfstream Aerospace unit delivered 67 aircraft in Q1/15 compared to 74 aircraft delivered in the same quarter last year. read more

MAY 1, 2015 - 7:30 am

Textron said its Textron Aviation Q1/15 profit of $67 million was up from $14 million in Q1/14. Textron noted it delivered 33 new jets in Q1 compared to 35 jets in last year’s first quarter. read more

MAY 1, 2015 - 7:28 am

Ryder System announced that Velox Transport Services expanded its fleet with 40 tractors and 40 refrigerated trailers under a Full Service Lease agreement with Ryder. read more

MAY 1, 2015 - 7:24 am

Fitch reported the aircraft leasing sector continues to experience strong performance due to improving airline industry fundamentals, favorable credit markets and stable lease rates and margins. read more

APR 30, 2015 - 7:17 am

NewStar Financial and Lobo Leasing announced they provided a sale/leaseback transaction involving 9 Bell helicopters and a $12 million equipment loan to RLC. read more

APR 29, 2015 - 7:28 am

Textron reported its Aviation business Q1/15 segment profit of $67 million was up from $14 million a year ago. The company noted the unit delivered 33 new jets in the quarter, down from 35 jets in Q1/14. read more

APR 29, 2015 - 7:22 am

GE Capital said in its Spring 2015 Industry Update on Truck Transportation GDP growth slowed to 2.2% on an annualized basis during Q4/14. read more

APR 29, 2015 - 7:18 am

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Trailer net orders in March, at 23,190 units, rose 12% over February, according to the most recent State of the Industry: U.S. Trailers published by ACT Research. read more

APR 29, 2015 - 7:15 am