Equipment Sector

WSJ: New Boeing 777X Jetliner Completes Favorable First Flight

The Wall Street Journal reported that Boeing’s new 777X jetliner finished its first flight successfully on Saturday. read more

ACT: Truckload Contract Rates Down, LTL Revenue Growth Dropped in Q3/19

Truckload contract rates turned negative in Q3/19, down 2% year-over-year, and loaded miles per tractor fell 5% in the same time period. read more

ACT For-Hire Trucking Index: Rates Slip Amid Strong Holiday Freight

The latest release of ACT’s For-Hire Trucking Index showed improvement in for-hire freight volumes and utilization, with 55.5 and 52.3 respective diffusion index readings, both up four points from November. read more

ACT: 2019 U.S. Trailer Net Orders Down 51% Y/Y

New U.S. trailer orders of 18,400 were down 13% month over month in December, and after accounting for cancellations, net orders of 17,700 dropped 11%. read more

Recession Depends on Definition: U.S. Economy Poised for 1.8% Expansion

ACT Research projected that the U.S. economy is poised to expand by 1.8% in 2020. read more

Truck Rental & Leasing to Expand at CAGR of 5.4% from 2019 to 2025

The rental and leasing market for medium and heavy-duty truck sales in North America is expected to expand at a CAGR of 5.4% from 2019 to 2025, according to a report from read more

December Trailer Net Orders Full-Year 2019 Less than Half 2018 Volume

Trailer manufacturers booked just under 205,000 net trailer orders in 2019, this 51% year-over-year decline represents the lowest volume recorded since 2011. read more

IBA Forecasts Strong Headwinds for Aviation in 2020

The global aviation marketplace will encounter a wide range of challenges in 2020, according to independent aviation consultant IBA, which released its 2020 Market Update. read more

ACT: Used Class 8 Volumes and Prices Rise M/M, Drop 14% YTD

ACT Research reported preliminary used Class 8 volumes increased 8% month-over-month in December 2019, but volumes dropped 3% compared to December of 2018. Year-to-date preliminary volumes dropped 14%. read more

Preliminary Class 8 Orders Up 14%M/M in December

Preliminary NA Class 8 net orders in December 2019 were 20,000 units, up 14% from November and down just 6.5% from year-ago December. read more

Ryder to Provide Electric Vehicle Charging Infrastructure for Fleet Operators

Ryder System, In-Charge Energy and ABB launched a partnership to provide nationwide turnkey energy and electric vehicle charging infrastructure as a service to Ryder customers. read more

Airbus Ousts Boeing as Top Plane Manufacturer of 2019

Reuters reported that Airbus has seized the top plane manufacturer title from Boeing. read more

IMO2020 Regulation Could Impact Trucking and Shipping Industries

American Shipper reported that IMO2020, a global environmental rule effective January 1, 2020, could impact the trucking and shipping industries. read more

WSJ: Railcar Assets Have Become a ‘Headache’ for Banks

The Wall Street Journal reported that railcar assets have become a “headache” for banks as the industry continues to suffer. read more

Demand, Supply & Timing Drive Weak Commercial Vehicle Forecast

ACT Research noted that three factors are at work in the weak outlook for heavy commercial vehicles in the coming two years: demand, supply and timing. read more

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