Equipment Sector

airBaltic Orders up to 60 Bombardier CS300 Aircraft

Bombardier and airBaltic executed a firm purchase agreement for the sale and purchase of 30 CS300 aircraft with options and purchase rights for an additional 30 aircraft of the same type. read more

ACT Research: Trailer Orders Up 14% Y/Y, Class 8 Sales Flat M/M

ACT Research reported the trailer industry closed April with just below 24,000 net orders while the Class 8 truck retail market sales volume fell by 3% month over month. read more

ACT: Supply-Demand Balance Returns to Positive After March Deficit

After turning to a deficit in March for the first time in 15 months, the supply-demand balance returned to positive territory in April, as expected, rebounding to 59.6 from 47.3 in March. read more

ATA Truck Tonnage Index Increases 2.2% Y/Y in April

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 2.2% in April after easing 1% in March. read more

J.D. Power Class 8 Used Commercial Truck Prices Stronger Than Expected

In its May 2018 Commercial Truck Guidelines Industry Update, J.D. Power Valuation Services found the volume of Class 8 trades was lower than forecasted, which resulted in more stable prices. read more

Seaspan Accepts Delivery of Third Containership in Four Ship Series

Seaspan accepted delivery of a 10000 TEU containership that will commence a fixed rate time charter with CMA CGM S.A. for a three-year term with an option to extend for an additional three years. read more

ACT: April’s NA Class 8 Orders Continue Above-Capacity Trend

ACT Research reported that North American Class 8 net orders totaled 34,735 units in April. read more

Manufacturing Technology Orders Rise 23% Y/Y in March

The Association For Manufacturing Technology’s latest report said that U.S. manufacturing technology orders continued to rise in March, increasing 42% month-over-month and 23% compared to March 2017. read more

GAMA: Q1 Business Jet Shipments Up ‘Slightly’; Rotorcraft Up 40%

The General Aviation Manufacturers Association reported Q1/18 piston rotorcraft shipments were up 39.7% year over year. Business jet shipments increased slightly from 130 to 132 airplanes in Q1/18. read more

Caterpillar’s 28% Increase in Sales Powered by Resource Industries in Latin America

Caterpillar reported a 28% increase in worldwide machine sales for the three-month rolling period ended in April 2018. This follows increases of 26% and 33%, respectively, in the same periods ended in March and February. read more

ACT: April Net Trailer Orders Up 11% Compared to 2017

ACT Research’s preliminary estimate for April 2018 net trailer orders is 23,100 units. read more

YTD U.S. Cutting Tool Consumption Up 6.0%

According to the U.S. Cutting Tool Institute and Association for Manufacturing Technology, the year-to-date total of $518 million was up 6.0% when compare to the same period in 2017. read more

ING Provides $15.6MM to Support Acquisition of Product Tanker

Capital Product Partners completed the acquisition of the M/T ‘Anikitos’, a chemical product tanker for total consideration of $31.5 million. ING Bank provided a $15.6 million term loan to support the acquisition. read more

Hyster-Yale Q1 Shipments, Backlog Higher Year/Year

Hyster-Yale Materials Handling reported Q1/18 new unit shipments and worldwide backlog were higher compared to the same quarter in 2017. In its outlook, HYMH noted it expects a more moderate growth rate in 2018. read more

FreightCar America Reports Q1 Loss on Substantially Fewer Deliveries

FreightCar America reported Q1/18 revenue was 40.5% lower compared to the same quarter in 2017. The rail-car maker’s Q1/18 railcar deliveries of 1,094 were down from 1,525 in the same quarter a year earlier. read more

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