Equipment Sector

ACT Research: September US Trailer Orders on The Rise

According to the recent issue of ACT Research’s State of the Industry: U.S. Trailers report, September net U.S. trailer orders of 26,086 units were 47% higher compared to the previous month but 8% below the year-ago September level. read more

Fleet Advantage Plans to Order 200 EV Class 8 Tractors for Delivery in Q1/23

Fleet Advantage, an innovator in Class 8 fleet data analytics, equipment financing and life cycle cost management, will place orders for 200 EV Class 8 tractors, with deliveries beginning in 2023. read more

ACT Research: Used Class 8 Retail Volumes Drop in September

According to the latest release of the ACT Research’s State of the Industry: U.S. Classes 3-8 Used Trucks report, used Class 8 retail volumes were down 12% month over month in September. read more

American Trucking Association: Driver Shortage Remains High

American Trucking Associations calculated the driver shortage has eased slightly but remains near its all-time high. read more

ACT Research: Class 8 Tractor Dashboard Drops for Fifth Time in Six Months

According to ACT Research’s recently released Transportation Digest, the top line on the Class 8 Tractor Dashboard dropped in August to a minus three reading, the fifth moderately downbeat reading in six months. read more

ACT Research: September Experiences Slump in For-Hire Trucking Index

According to ACT Research’s latest For-Hire Trucking Index, volume, productivity and the supply-demand balance all declined in September. read more

ACT Research: Classes 5-8 Economy Resilient Against Interest Rate Hikes

According to ACT Research’s latest State of the Industry: NA Classes 5-8 report, current economic conditions are resilient in the face of aggressive interest rate hikes. read more

ACT Research: September Preliminary Net Trailer Orders Up 45%

According to ACT Research’s recent preliminary report, net trailer orders in September were 25,700 units, up about 45% from August but around 10% lower than the same month last year. Final September results will be available later this month. read more

Encina Equipment Finance Provides $15MM Lease Line to Industrial Safety Company

Encina Equipment Finance provided a $15 million lease line to a global industrial safety solutions company to finance new and existing rental equipment, vehicles and trailers. read more

Maxim Commercial Capital Expands Truck Financing Program in Q3/22

Maxim Commercial Capital expanded its target market during Q3/22 by launching an enhanced risk-based scoring system for its Truck Financing Program. read more

ACT Research: Inflation and Rising Rates Dampen Forecasts

According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, forecasts this month are slightly lower than September due to stubborn inflation and the Fed’s continued firm action toward bringing it down to its 2% target. read more

ACT Research: DRIVING AUTOMATION Report Released

ACT Research released DRIVING AUTOMATION, a report and total-cost-of-ownership model covering commercial autonomous vehicles in North America. read more

Volvo Financial Services Launches Volvo Rental in Brazil

Volvo Financial Services launched Volvo Rental, a new service providing options for shorter-term leases for Volvo trucks, buses and construction equipment in Brazil. read more

ACT Research: September Class 8 Orders Rise

According to ACT Research’s State of the Industry: Classes 5-8 Vehicles report set to be released in mid-October, preliminary NA Class 8 net orders in September were 53,700 units, while NA Classes 5-7 net orders were 26,600 units. read more

BNSF Railway Invests $1.5B+ to Construct New Rail Facility in Southern California

BNSF Railway will invest more than $1.5 billion to construct a state-of-the-art master-planned rail facility in Southern California with the first being developed by a Class 1 railroad. read more

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