Equipment Sector

Survey: Demand for Financing to Remain Strong in Trucking Industry

According to a recent GE Capital, Transportation Finance survey, demand for financing in the trucking industry will likely remain strong as businesses borrow to add vehicles and other equipment. read more

ACT: February Class 8 Orders Up 7% Year/Year

ACT Research reported that Class 8 net orders were just over 31,100 units in February, up 7% year/year. read more

PK AirFinance Arranges $81MM Financing for Republic Airways

PK AirFinance, a GECAS company, closed two separate senior debt facilities with Republic Airways. read more

Volvo Truck Deliveries Up 32% in February

Volvo Group announced its truck deliveries in North America totaled 5,146 in February, a 32% increase over the same month the previous year and a 23% increase year-to-date. read more

Caterpillar Worldwide Machinery Sales Down 11%

Caterpillar reported that global machinery sales for the three-month rolling period ended in February were down 11% worldwide compared to the same period of the prior year. read more

Fitch Provides Volvo Financial Equipment Ratings, Series 2015-1

Fitch Ratings provided presale ratings on Volvo Financial Equipment, Series 2015-1 notes. read more

Air Lease Places Two New 777-300ERs with Air Austral

Air Lease announced long-term lease agreements with French airline Air Austral for two new Boeing 777-300ER aircraft that are scheduled for delivery in the fall of 2016. read more

Four AmeriQuest Executives Earn CTP Designation

AmeriQuest announced that four additional members of its staff achieved the designation of Certified Transportation Professional, bringing the total number of AmeriQuest executives with the designation to seven. read more

Caterpillar Facing Pressure from Komatsu

Bloomberg reported that Caterpillar is facing pressure from its largest competitor, Komatsu, reinvigorated by the turmoil in global currency markets. read more

Bombardier, Falcon Continue Q400 Expansion in Africa

Bombardier Commercial Aircraft welcomed Ghana-based Aero Surveys Limited to the family of Q400 aircraft customers and operators. The aircraft will be placed with airline Starbow, the 18th operator in Africa. read more

AvAir and Wings Capital Announce Joint Venture, AvWings

AvAir and Wings Capital Partners announced the rollout of their new joint venture, AvWings, which will acquire mid-to-end of life aircraft, both on- and off-lease, for eventual partout. read more

Expert Heavy Equipment Partners with Foreign Suppliers for Used Equipment

Representatives with Expert Heavy Equipment announced an initiative it started in order to create strategic partnerships with used heavy equipment suppliers in Europe and Japan. read more

Gulfstream Receives Award for G650 Business Jet

The National Aeronautic Association announced that Gulfstream has been named as the recipient of the 2014 Robert J. Collier Trophy for the development of the Gulfstream G650 Business Jet. read more

GECAS Delivers Aircraft to China Southern Airlines, Juneyao Airlines

GE Capital Aviation Services Limited announced delivery of a new Boeing 737-800 aircraft to China Southern Airlines and two new Airbus A321 aircraft to Juneyao Airlines. read more

Ryder New Truck Facility in Santa Fe Springs, CA

Ryder System announced the grand opening of a new facility in Santa Fe Springs, CA to provide vehicle maintenance, mobile maintenance and a full-service rental counter. read more

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