Equipment Sector

GAMA: Aircraft Deliveries Up, Billings Down Y/Y in Q1/22

According to the GAMA, the aircraft manufacturing industry’s results for the first three months of 2022, when compared with the same period in 2021, showed increasing aircraft unit deliveries across each aircraft segment, while the overall value of aircraft shipments was slightly lower. read more

Global Jet Capital Projects 5.1% Growth in Business Jet Market by 2026

In its updated five-year business jet market forecast, Global Jet Capital projected $186.8 billion in total transaction volume of new and pre-owned business jet transactions between 2022 and 2026, with a compound annual growth rate of 5.1% during that time. read more

ACT Research Reports Continued Deterioration in Freight-Related Metrics

According to ACT Research’s latest State of the Industry: NA Classes 5-8 report, the deterioration of some freight-related metrics that began in March continued through April and into early May. read more

Air Liquide, Toyota and CaetanoBus Accelerate the Development of Hydrogen Mobility in Europe

Air Liquide, CaetanoBus and Toyota Motor Europe signed an agreement aimed at developing integrated hydrogen solutions, including infrastructure development and vehicle fleets, to accelerate the expansion of hydrogen mobility for both light and heavy-duty vehicles. read more

ACT Research: US Used Truck Sales Volumes Lag in April

Preliminary used Class 8 volumes (same dealer sales) fell 40% month-over-month in April, and were 33% lower compared to April of 2021, according to ACT Research. read more

Fleets Are Accelerating Use of Clean Vehicles

According to Gladstein, Neandross & Associates’ third annual State of Sustainable Fleets Market Brief, transportation fleets continued to report a resounding trend — their use of clean fuels and advanced vehicle technologies is rapidly progressing. read more

Penske and Shell Team Up for Electric Truck Charging Initiative

At the Advanced Clean Transportation Expo, Penske Truck Leasing and Shell Recharge Solutions North America revealed a new joint initiative to support light-duty electric vehicle charging at Penske locations. read more

ACT Research: Preliminary Data Shows Subdued Order Activity in April

According to preliminary data from ACT Research, North American Class 8 net orders in April reached 15,800 units, while North American Classes 5-7 net orders slid to 19,500 units. read more

Transportation Metrics No Longer Up and to the Right, but the Sky Isn’t Falling

According to ACT Research’s Kenny Vieth, despite the publication of a “sky is falling” op-ed in early April, “there is still much to like about the current situation” in the commercial vehicle market, with ACT’s forecasts for 2022 and 2023 virtually unchanged. read more

US Trailer Net Orders Jump in March, with Strength Dry Van-Centric

According to ACT Research, March net U.S. trailer orders of 37,901 units increased more than 40% compared with February and were nearly 28% higher compared with March of 2021. read more

March Used Class 8 Retail Sales Volumes Rise 11% M/M, Decline 27% Y/Y

According to the latest release of ACT Research’s State of the Industry: U.S. Classes 3-8 Used Trucks report, used Class 8 retail volumes (same dealer sales) were 11% higher in March than in February. However, volumes were down 27% year over year. read more

CDB Aviation Takes Delivery of First A330-300 Passenger-to-Freighter

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing, took delivery of the first freighter aircraft in the lessor’s history, an A330-300 passenger-to-freighter. read more

Class 8 Natural Gas Truck Retail Sales Rise 21% YTD through February

For the first two months of 2022, U.S. and Canadian Class 8 natural gas truck retail sales rose 21% compared with the same time period in 2021, according to ACT Research. read more

ACT Research: February’s Tractor Dashboard Extends Steep-Pitched Decline of January

According to ACT Research’s recently released Transportation Digest, the top line on ACT’s Tractor Dashboard in February extended the steep-pitched decline of January, taking the dashboard top line tally from double digits in January to zero. read more

Ritchie Bros: U.S. April Truck Tractor Prices up 58% Y/Y

With its April Market Trends Report, Ritchie Bros. continues to show year-over-year price inflation for all major equipment categories with truck tractor prices leading the way, up 58% in the United States and 50% in Canada. read more

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