Equipment Sector

ACT For-Hire Trucking Index: Volume & Productivity Rise in October

The latest release of ACT’s For-Hire Trucking Index showed the supply-demand balance rising to 55.6 on a seasonally adjusted basis in October, from 50.1 in September. read more

Ryder Purchases Largest Electric Truck Order in U.S; Fed Ex to Deploy

Ryder System announced the largest commercial electric vehicle (EV) purchase in the U.S., which enabled broader adoption of commercial EV technology on a large scale. read more

ACT: October NA Class 8 Net Orders Moderated; Used Class 8 Volumes Recover

NA Class 8 net orders moderated from July-August records but were up 21% year over year. Preliminary used Class 8 volumes reversed course, rising 10% month over month and offsetting September’s 10% decline, according to ACT Research. read more

Ohio Ag Equipment to Acquire Schmidt Machine Company’s Equipment Business

Ohio Ag Equipment announced its intent to acquire the Wyandot County AGCO dealer, Schmidt Machine Company, Ag division, on the target date of December 17, 2018. read more

ACT: Trailer Net Orders Up 70% Y/Y in October

ACT Research’s preliminary estimate for October 2018 net trailer orders is 55,250 units. Final October volume will be available later this month. read more

Fleet Advantage: NA Class 8 Orders Reach 43K Units in October

Fleet Advantage released the second part of its recent annual benchmarking survey, with topics on procurement and disposal of Class 8 heavy-duty trucks for private fleet and for-hire carriers. read more

NACM: Election Results Influence Public Construction Funding

The mid-term election sparked changes for the construction industry, primarily in terms of funding public projects, according to a blog from the National Association of Credit Managers. read more

Top Five Agriculture Equipment Lenders Account for 62.2% of September Total

Statistical data for the agriculture equipment market provided by EDA showed the top 20 lenders in the segment, in the aggregate, filed financing statements covering a total of 12,478 new agriculture equipment related filings during the month of September 2018. read more

Seacube to Offer Bundled Technology & Telematics Lease Options

SeaCube Container Leasing will provide its customers with access to leading-edge technology without the burden of a major capital financial investment. read more

Textainer First Leasing Co to Invest in PrimeLINE ONE Refrigerated Containers

Textainer placed an order for the PrimeLINE ONE refrigerated containers, making it the first major container leasing company to acquire the innovative new refrigerated container. read more

Top Five Construction Equipment Lenders Account for 42.5% of September Total

Statistical data for the construction equipment market provided by EDA showed the lenders in the segment, in the aggregate, completed a total of 8,476 new construction equipment related filings during the month of September 2018. read more

Global Commercial Vehicles Market Size to Reach $2.27 Trillion

The global commercial vehicles market size is expected to reach $2.27 trillion by 2025, according to a report by ResearchAndMarkets.com. read more

ACT Research: Used Truck Prices Rose 9% YTD in September; Growth Is Expected to Slow

According to ACT Research, the average price of total used Class 8 trucks in September rose 3% month over month and fared even better, up 9% year to date, when compared to the first nine months of 2017. read more

ACT Research: U.S. Trailer Orders Up 135% Year-Over-Year

Total trailer net orders of more than 58k units were up 52% month-over-month and 135% better than this time last year, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailer Report. read more

Caterpillar September Global Machine Sales Up 21% Led by North America

Caterpillar reported its retail machine sales for the 3-month rolling period which ended in September was up 21%. The North American region led the increase with sales growth of 28%. read more

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