Equipment Sector

Steel Partners’ Assets Go to Virtual Public Auction

GA Global Partners will auction Steel Partners’ assets, including metal fabrication equipment, material handling, steel inventory, trucks, trailers, and more. read more

ACT: April Used Truck Metrics Down 15% M/M, Up 8% YTD

Used Class 8 same dealer April sales dropped 15% month-over-month and 7% year-over-year but held onto an 8% year-to-date gain. read more

ACT: COVID-19 Impact Severity Peaks, Potential for Recovery Emerging

North American and global economies are experiencing the most severe COVID-19 impacts but second half recovery potential is emerging, according to the ACT Research Transportation Digest. read more

ACT: U.S. Trailer Net Orders Dropped 97% M/M, 99% Y/Y

April net U.S. trailer orders of 209 units were down 97% month-over-month and 99% below the previous year, according to ACT Research's State of the Industry: U.S. Trailer Report. read more

ACT: April CV Data Lowest in Decades, Shows Full COVID-19 Impact

Class 8 net orders at their lowest level since September 1995 and medium-duty orders at their worst in a decade, according to ACT Research’s latest State of the Industry: NA Classes 5-8 Report. read more

UMB Capital Closes $2MM AR Facility with Equipment Transportation Firm

UMB Capital Finance closed and funded a $2 million revolving account receivable credit facility for a transportation company specializing in flat bed equipment hauls. read more

JD Power: Class 8 Retail Pricing Held Up in April

Analysts from J.D. Power Valuation Services reported that in the first full month of sales under the economic shutdown, Class 8 auction volume was relatively healthy, while pricing pulled back. read more

ACT: Preliminary April Net U.S. Trailers Orders Down 97% M/M, 98% Y/Y

Preliminary April net U.S. trailer orders were 250 units, an all-time monthly low for the industry, according to ACT Research. read more

March U.S. Cutting Tool Orders Down 9.8% Y/Y

March 2020 U.S. cutting tool consumption totaled $189.8 million, up 0.9% from February and down 9.8% when compared with March 2019. read more

XS Engages Hybrid Financial to Expand Brand Awareness

Xtraction Services retained Hybrid Financial to heighten market and brand awareness and broaden the company's reach within the investment community. read more

Ritchie Bros. Sells More Than $131MM in Edmonton Online Auction

Ritchie Bros. sold more than 10,700 equipment items for over $131 million in its first-ever online-only auction in Edmonton, AB. read more

U.S. Trailer Production Facing Massive Retrenchment in Production Levels

The U.S. trailer industry has shifted from the production/capacity challenges of the last three years to a massive retrenchment in production levels, according to ACT Research’s Trailer Components Report. read more

Hilco Reports Projected Recovery Timeframe, Valuation Levels for Fleet Assets

A new report from Hilco Global combines trends and market intelligence to provide insight on the recovery path for transportation industry fleet assets in the second half of this year. read more

ACT Freight Forecast: Bottoming Process Begins for Trucking Cycle

ACT’s May Freight Forecast reported container imports falling 20% from January to March, with similar year-over-year declines likely into the summer. read more

9th Annual ASA Virtual Conference to Address Post-Pandemic Success

The ASA’s 9th Annual Equipment Valuation Virtual Conference will spotlight COVID-19 impact and provide key insights and strategies for post-pandemic success. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com