Trinity Industries realigned responsibilities for its senior executives and withdrew the fiscal year 2020 guidance provided on the company’s year-end earnings call. read more

MAR 30, 2020 - 6:50 am

Used Class 8 same dealer sales volumes improved 14% month over month in February, with longer-term sales rising 9% year over year, according to ACT Research. read more

MAR 30, 2020 - 6:30 am

Moody’s has adjusted its outlook of the aerospace and global defense sector to negative as coronavirus-driven groundings set to hit aircraft deliveries. read more

MAR 24, 2020 - 6:55 am

Ritchie Bros. is leveraging online technologies to continue its equipment auctions while maintaining the safety of its customers and employees. read more

MAR 20, 2020 - 6:35 am

SilverChef has selected IDScloud portfolio management solution to support its equipment financing for the hospitality industry. read more

MAR 19, 2020 - 6:50 am

February net U.S. trailer orders were down 15% month over month and 45% below the previous year, according to an ACT Research report. read more

MAR 19, 2020 - 6:45 am

China’s heavy and medium truck markets, including tractors, are expected to suffer a severe setback in Q1/20, before a small recovery in Q2. read more

MAR 19, 2020 - 6:25 am

Class 8 inventory-to-sales ratio, seasonally adjusted, hit 3.5 months in February, while the Classes 5-7 inventory-to-sales ratio dropped from a “highest in a decade” in January to 3.0 months in February, according to ACT Research. read more

MAR 18, 2020 - 6:35 am

Ritchie Bros. sold more than 2,750 equipment items and trucks for over $44 million at its Las Vegas auction. read more

MAR 18, 2020 - 6:20 am

Fitch Ratings has revised its sector outlook for global aircraft lessors to negative from stable, reflecting elevated downside risks from the global spread of the coronavirus. read more

MAR 17, 2020 - 6:35 am

According to ACT Research and Rhein Associates, upcoming emission regulations will benefit smaller engines. read more

MAR 17, 2020 - 6:30 am

In response to rising COVID-19 concerns, Ritchie Bros. is making temporary changes to its on-site auctions to increase online participation. read more

MAR 17, 2020 - 6:15 am

ACT Research adjusted its Freight Forecast in response to COVID-19. The outlook for capacity is tighter, as financial volatility will likely further lower new equipment purchasing. read more

MAR 16, 2020 - 6:45 am

January 2020 U.S. cutting tool consumption totaled $196.5 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association for Manufacturing Technology. read more

MAR 16, 2020 - 6:25 am

Government initiatives have created a favorable investment climate to boost machine tools market penetration, according to Frost & Sullivan. read more

MAR 13, 2020 - 6:40 am