Equipment Sector

Hyster-Yale Material Handling Q2/18 New Shipments, Bookings Up

Hyster-Yale Materials Handling announced worldwide new unit shipments increased to 23,900 units in Q2/18 from 22,200 in Q2/17. Q2/18 bookings were 29,500 units, up from 25,300 units in Q2/17. read more

J.D. Power: ‘Fleets Will Take Delivery of Additional New Trucks’

In a recent industry update, J.D. Power Valuation Services predicts in coming months, fleets will take delivery of additional new trucks and trade activity will increase, forcing market dynamics to look more normal. read more

Caterpillar Global Retail Machine Sales up 25%, Led by Resource Industries

Caterpillar reported a 25% Y/Y increase in total machine sales worldwide for the three-month rolling period ended in June 2018, following increases of 24% and 28% in May and April, respectively. The increase was led by worldwide retail sales in Resource Industries. read more

ACT Research: Class 8 Natural Gas Truck Retail Sales Down 18% YTD

According to ACT Research, U.S. and Canadian natural gas Class 8 truck retail sales rose 13% in 2017 but have fallen 18% year-to-date through May 2018. read more

ACT Research: June Used Truck Prices Flat M/M, Up 15% Y/Y

The average price of total used Class 8 trucks in June was flat on a month-over-month basis, but fared better, rising 15% when compared to June 2017, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research. read more

ATA Truck Tonnage Index Falls 0.4% M/M, Rises 7.9% YTD

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index fell 0.4% in June after rising 0.4% in May. In June, the index equaled 113 (2015=100), down from 113.4 in May. read more

ACT Research: Trailer Net Orders Down 1.3% Y/Y, 13% M/M

According to this month’s issue of ACT Research’s State of the Industry: U.S. Trailer Report, net orders of 20,048 trailers were down 1.3% year-over-year and 13% off month-over-month. read more

Fleet Advantage Estimates $27K in Savings from New Truck Procurement

According to Fleet Advantage, transportation companies can realize a first-year savings of $26,687 when upgrading from a 2012 sleeper model-year truck to a 2019 model. read more

ACT Research: June’s NA Class 8 Orders Continue Above Capacity Trend

According to ACT Research, at the top line, North American Class 8 net orders totaled 42,224 units in June, marking the fourth time in six months in which industry orders cracked 40,000 units. read more

Cutting Tool Consumption Rises 10.1% in 2018

May U.S. cutting tool consumption totaled $215.13 million according to the U.S. Cutting Tool Institute and the Association For Manufacturing Technology. read more

Class 8 Truck Market at High Profitability, Challenges Loom Due to Trump Foreign Policy

According to ResearchAndMarkets, the breakout of a U.S. initiated trade war and Donald Trump's likely exit from NAFTA could derail global economic recovery and create difficulties for the trucking industry, which is currently experiencing high capacity utilization and profitability. read more

AMT: May YTD Machine Tool Orders Up 26%

U.S. manufacturing technology orders totaled $485 million in May, bringing the year-to-date total to $2.1 billion, which was 26% higher than the first five months of 2017. read more

ACT Research: Class 8 Orders Exceed 40,000 Units Again in June

Preliminary North America Class 8 net order data from ACT Research revealed that the industry booked 42,200 units in June, exceeding 40,000 units for the fourth time in six months. read more

Global Mining Equipment Market to Grow 6.5% by 2025

The global mining equipment market size is expected to reach $128.39 billion and register a CAGR of 6.5% by 2025 according to a new report by Grand View Research. read more

ACT Research: Total U.S. Trailer Net Orders Rise 27% Y/Y in May

According to ACT Research, U.S. trailer net orders rose 27% on a year-over-year basis in May. read more

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