Equipment Sector

Centurion to Host a Medical Equipment Auction in Las Vegas

Medical equipment auction house Centurion Service Group announced an upcoming live auction to sell more than 900 pieces of medical equipment from hospitals, surgery centers and other medical facilities. read more

Airbus Extends YTD Order Lead Over Boeing

According to Reuters report, Europe’s Airbus extended its order lead over Boeing through October with new orders of 1,265 aircraft compared to Boeing orders for the same period of 1,102 jets. read more

GE Capital Takes Delivery of 777-300ER for Ethiopian Airlines

Boeing announced it has delivered a 777-300Er jet to GE Capital Aviation Services for lease to Ethiopian Airlines. read more

ACT: October Preliminary Net Orders Strong, Broad Based

October was positive for new order placement, exceeding order trends of the past few months, with Class 8 orders expected at 26,300 units, according to ACT Research. read more

PHH Reports 14% Increase in Q3 Fleet Management Profit

PHH reported its Fleet Management Services Q3/13 segment profit was $24 million, up 14% from $21 million in both Q2/13 and Q3/12. The company said profit growth reflected an increase in other income and a decline in expenses. read more

Hyster-Yale Q3 Shipments Higher Primarily in Americas

Hyster-Yale Materials Handling said worldwide new shipment increased in Q3/13, primarily in the Americas, to approximately 21,200 units from shipments of 18,000 in Q3/12. read more

NationaLease Announces Canadian Leadership Summit

NationaLease said it will hold its 2013 Canadian Leadership Summit November 5-7, at the Fairmont Royal York hotel in Toronto, ON. read more

CIT Aerospace Delivers 14 Aircraft in Q3/13

CIT Aerospace said it signed 54 lease agreements and delivered 14 aircraft in Q3/13. read more

Macquarie Rotorcraft Leasing to Acquire Sikorsky Helicopters

Macquarie Rotorcraft Leasing said it has contracted to acquire two S-92A and two S-76D helicopters from Sikorsky along with an unspecified number of options to acquire additional aircraft. read more

GE Capital Enhances Restaurant Business Assessment Tool

GE Capital, Franchise Finance said it will demonstrate enhancements to GE SmartChart, a digital tool that can help restaurant owners manage and build their businesses, at the Restaurant Finance & Development Conference Nov. 4-6 in Las Vegas. read more

GE Capital Provides $49MM Facility to Original Joe's

GE Capital's Canadian Franchise Finance business said it has provided Original Joe's Franchise Group and parent company Franworks Franchise with an expanded, $49 million senior credit facility. read more

Penske Truck Leasing Opens New Facility

Penske Truck Leasing said it has opened a new facility in Neenah, WI that provides full-service truck leasing, commercial truck rental and contract maintenance services. read more

FLY Leasing Acquires Tenth Aircraft in 2013

FLY Leasing said it has purchased a brand new Boeing B737-800 aircraft. The acquisition is FLY's tenth aircraft addition of 2013, totaling nearly $570 million this year. read more

Trailer Orders Above 240k Rate for Second Straight Month

September was the second straight month where trailer industry net orders were above the 240k rate on a seasonally adjusted basis. Despite that strength, industry backlogs continue to be thin, according to ACT Research. read more

ACT: Price of Used Class 8 Trucks Better Than Expected

Used truck dealers continue to characterize business as “good” or even better than expected, although maybe not quite as strong as they had hoped, according to ACT Research. read more

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