November U.S. machine tool orders were down 15.5% sequentially and 14.5% compared to the same month in 2013. Despite the monthly dip, the YTD total of $4.6 billion was up 2.6% compared to the same period in 2013. read more
JAN 12, 2015 - 12:33 am
According to GE Capital’s Q4/14 Construction Update, non-residential construction should continue to benefit from strength in the hospitality, office and industrial markets. read more
JAN 8, 2015 - 12:30 am
FTR released preliminary data showing total N.A. Class 8 truck orders for 2014 equaled 375,000 units, the second highest order year in history with Q4/14 orders exceeded only by Q1/06. read more
JAN 7, 2015 - 12:16 am
AerCap Holdings announced it signed an agreement with China Southern, the largest airline in both Asia and The People's Republic of China, for the lease of 24 Airbus A320neo family aircraft from its order book. read more
JAN 7, 2015 - 12:12 am
EverBank Commercial Finance released results from a survey of medical doctors that found 60% prioritize upgrading existing equipment and technology in 2015. read more
JAN 6, 2015 - 7:15 am
Bombardier Commercial Aircraft and GE Capital Aviation Services signed a firm purchase agreement for five Q400 NextGen aircraft valued at approximately $160 million. read more
JAN 5, 2015 - 7:23 am
According to the Rouse Rental Report for November 2014, the Rouse Value Index of Orderly Liquidation Value for used equipment increased to 46.9, 8.3% higher than the prior peak period of 43.3 in April 2007. read more
JAN 5, 2015 - 7:19 am
BOURBON, a marine servicer for offshore oil and gas, announced the completion of the transfer of ownership of 25 vessels to ICBC Financial Leasing worth $1.4 billion. read more
DEC 31, 2014 - 7:16 am
Business Capital structured and secured $3 million financing for one of the largest regional providers of high-quality custom hay harvesting with a fleet of tractors, balers and related equipment. read more
DEC 31, 2014 - 7:14 am
Bombardier Business Aircraft announced it received a firm order for six Learjet 75 business jets with options for an additional three Learjet 75 aircraft from an undisclosed customer worth up to $124 million. read more
DEC 31, 2014 - 7:10 am
Transport Topics reported Wolfgang Bernhard, head of Daimler AG’s global truck unit, said he does not expect demand for trucks in emerging markets to recover in 2015. read more
DEC 30, 2014 - 7:42 am
Embraer Executive Jets and NetJets have signed an agreement to convert 10 Signature Series Phenom 300 purchase options into firm orders. At current list prices, this addition is worth about $90 million. read more
DEC 30, 2014 - 7:34 am
According to a Zacks Investment Research report, PACCAR has strong market share in the U.S. and Canada, but faces intense competition and is experiencing declining sales in Europe, warranting a “Neutral” rating. read more
DEC 30, 2014 - 7:26 am
The Chicago Sun Times reported Boeing and Kuwait Airways finalized an order for 10 777-300ERs, a deal valued at $3.3 billion based on list prices. read more
DEC 30, 2014 - 7:23 am
Kenworth Truck celebrated it historic one millionth truck produced in the company’s 91 years that was delivered to TransAm Trucking, a KS-based refrigerated carrier that operates 1,050 Kenworth Class 8 trucks. read more
DEC 29, 2014 - 7:55 am