IDC published its second forecast for the worldwide quantum computing market, projecting customer spend for quantum computing to grow from $1.1 billion in 2022 to $7.6 billion in 2027. read more

SEP 5, 2023 - 6:00 am

Class 8 retail sales faltered for the first time in three months in July, declining 7.8% month over month, according to the ACT Research. read more

SEP 1, 2023 - 6:15 am

A slow economy and high interest rates led to the purchase of 37% fewer robots in April through June of 2023, year over year, according to the Association for Advancing Automation. read more

SEP 1, 2023 - 6:10 am

Worldwide shipments of hardcopy peripherals declined 11.7% year over year to 19.5 million units in Q2/23, according to IDC. read more

SEP 1, 2023 - 6:05 am

The global agriculture equipment market was valued at $ 236.6 million in 2020 and is projected to reach $434.2 million by 2032, according to Allied Market Research.  read more

SEP 1, 2023 - 6:00 am

According to the General Aviation Manufacturers Association, in the first six months of the year, aircraft deliveries were up across all segments compared with the same period in 2022. In addition, there was an increase in the overall value of aircraft shipments. read more

AUG 31, 2023 - 6:43 am

On continued strong build rates and seasonally weak order volumes, July’s North American Class 8 backlog fell by 11,632 units to 163,576 units, according to ACT Research, which noted that at 5.9 months, the nominal backlog-to-build ratio remains comfortably healthy. read more

AUG 21, 2023 - 6:51 am

As economic expectations rise, ACT Research’s forecasts for Classes 5-7, Class 8 and trailer output in 2023 and 2024 moved higher again this month. read more

AUG 14, 2023 - 6:54 am

The National Civil Aviation Authority of Brazil awarded type certification to Textron Aviation’s Cessna SkyCourier twin utility turboprop, paving the way for the aircraft to serve the Brazilian market. read more

AUG 14, 2023 - 6:50 am

Gordon Brothers has been engaged on an exclusive basis to offer for sale by private treaty the Tek-Ocean Spirit, a multi-purpose platform supply vessel, on behalf of Barry Wight and Daniel Juratowitch of Cor Cordis, the administrators of Tek-Ocean Group. read more

AUG 10, 2023 - 6:54 am

According to Sandhills Global, inventory increases across multiple used equipment industries, including used farm equipment, tractors, construction equipment, heavy-duty trucks and semitrailers, are leading to a downward trend in auction values as well as a widening gap between asking and auction values. read more

AUG 8, 2023 - 6:47 am

According to ACT Research, electric conversion of the commercial vehicle sector will require a very coordinated effort between vehicle acquisition and supporting charging infrastructure to ensure adequate charging infrastructure is in place to support fleet needs. read more

AUG 7, 2023 - 6:48 am

According to preliminary data from ACT Research, there were 16,000 net orders of Class 8 trucks in North America in July, marking a 45% year-over-year jump, while there were 16,600 net orders of Classes 5-7, marking a 21% year-over-year increase. read more

AUG 3, 2023 - 6:47 am

Clouds on the horizon for the trailer market bear watching even if the summer is the seasonally weakest time of the year for forward-looking metrics, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailers report. read more

JUL 28, 2023 - 6:57 am

The Lion Electric Company opened a 900,000 square foot facility in Joliet, IL, that will serve as a U.S. plant dedicated to all-electric medium and heavy-duty commercial vehicle production. According to the company, the facility is the largest of its kind.  read more

JUL 25, 2023 - 6:45 am