Equipment Sector

Caterpillar Global Retail Machine Sales Up 24%, Led by Asia Pacific & NA

Caterpillar reported a 24% over-all increase in retail sales for the three-month rolling period ended July 2018. Resources industries global sales were up 34% for the period while construction equipment sales were up 22%. read more

Equipment World: Cat Selling Forestry Machine Business to Weiler

According to Equipment World, Caterpillar is selling its purpose-built forestry machines to Weiler and will no longer manufacture heavy equipment built for specific forestry applications. read more

ACT For-Hire Trucking Index: Supply-Demand Balance Improves in July

The latest release of ACT’s For-Hire Trucking Index showed an increase in the supply-demand balance, rising to 58.0 seasonally-adjusted in July, from a 54.0 reading in June. read more

Global Commercial Aircraft Leasing Market CAGR Expected to Accelerate

According to the latest market research report released by Technavio, the global commercial aircraft market is expected to accelerate at a CAGR of over 6% during the 2019-2022 forecast period. read more

ACT: Downward Pricing Pressure Expected in Year-End Used Class 8 Sales

The average price of total used Class 8 trucks in July was virtually flat, down 1%, on a month-over-month basis, according to the latest release from ACT Research. read more

Cutting Tool Consumption Up 10.8% YTD Despite M/M Decline in June

The USCTI and AMT reported June U.S. cutting tool consumption totaled $212.83 million, which was down 1.1% compared to May, but up 14.1% compared to June 2017. With a year-to-date total of $1.213 billion, 2018 is up 10.8% when compared with 2017. read more

June’s Top Five Woodworking Equipment Lenders Account for 69.6% of Total

The top 20 lenders in the segment, in the aggregate, filed financing statements covering a total of 69 woodworking equipment related filings during the month of June 2018. read more

ATA Truck Tonnage Index Rises 8.6% Compared to July 2017

American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index rose 1.9% in July after decreasing 0.5% in June. read more

July U.S. Trailer Net Orders Up 102% Year-Over-Year

According to ACT Research’s U.S. Trailer Report for July, there were more than 29,000 net orders booked in the month, making it the strongest July on record. read more

July NA Class 8 Orders Surge Past 50,000, Net Trailer Orders More Than Double Last Year

According to ACT Research, North American Class 8 net orders totaled 52,629 units in July, marking the fifth time in seven months orders have exceeded 40,000 units. ACT’s preliminary estimate for July 2018 net trailer orders is 29,300 units. read more

Textainer Q2 Revenues Up 18% Driven by Favorable Market Conditions

Textainer reported Q2/18 total revenues of $140.7 million were up $21.5 million or 18% from Q2/17. Utilization averaged 97.9% for the quarter and is currently at 97.9%, a 160 basis point improvement compared to Q2/17. read more

Aircraft Billings Down Year/Year; YTD Business Jet Deliveries Flat

General Aviation Manufacturers Association reported total airplane billings of $8.58 billion were down from $9.03 billion a year earlier. GAMA noted business jet deliveries were flat at 296 units in first six months of 2018. read more

Class 8 Orders Set New All-Time Record at 52,400 Units in July

Preliminary North America Class 8 net order data from ACT Research showed the industry booked 52,400 units in July, setting a new all-time record in what is typically the weakest order intake month of the year. read more

Greenbrier June/July Railcar Orders Valued at $425MM+

The Greenbrier Companies announced new orders totaling 5,000 units valued at more than $425 million received during the first two months of its fourth fiscal quarter that began on June 1, 2018. read more

American Railcar Notes Lower Q2 Lease Rates Hurt Results

Only 2% of American Railcar's Q2/18 shipments were railcar leasing related versus 51% in Q2/17 as the prevalence of lower lease rates has stalled The North American railcar market. read more

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