Equipment Sector

Hyster-Yale Q1 Shipments, Backlog Higher Year/Year

Hyster-Yale Materials Handling reported Q1/18 new unit shipments and worldwide backlog were higher compared to the same quarter in 2017. In its outlook, HYMH noted it expects a more moderate growth rate in 2018. read more

FreightCar America Reports Q1 Loss on Substantially Fewer Deliveries

FreightCar America reported Q1/18 revenue was 40.5% lower compared to the same quarter in 2017. The rail-car maker’s Q1/18 railcar deliveries of 1,094 were down from 1,525 in the same quarter a year earlier. read more

ACT Research: North America Classes 5-8 Net Orders at 59,600 in April

According to preliminary data from ACT Research, the industry booked 59,600 North America Classes 5-8 net orders in April. read more

Global Electric Commercial Vehicle Market to Grow 39.85% by 2025

A report from ResearchAndMarkets says the global electric commercial vehicle market is projected to grow at a CAGR of 39.85% and reach roughly 1.8 million units by the end of 2025. read more

Construction Equipment Rental Market to Reach $140B by 2024

The construction equipment rental market is expected to cross $140 billion by 2024, according to a report from Global Market Insights. read more

ACT Research: March Used Class 8 Truck Sales Rose Y/Y

Used Class 8 truck same dealer sales volumes were up 1% on a year-over-year basis, according to ACT Research. Volumes have now increased in three-straight months. read more

ACT Research: Total U.S. Trailer Net Orders Rose 39% Y/Y in March

While its preliminary estimate was 29,500, ACT Research is now reporting that the trailer industry closed March a bit stronger, with a little more than 30,000 net orders. read more

ATA Truck Tonnage Index Decreases 1.1% in March

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index declined 1.1% in March after easing 0.8% in February. read more

ACT Research: Q1/18 NA Class 8 Orders Second Best Quarter in History

Orders averaged 45,400 units per month and in March, orders doubled their year-ago effort, with 46,780 net orders hitting the books. read more

Class 8 Natural Gas Truck Retail Sales Down in First Two Months of 2018

According to ACT Research, U.S. and Canadian natural gas Class 8 truck retail sales rose 13% in 2017 but have declined 23% year-to-date through February 2018. read more

ACT: Capacity Rising Faster Than Freight for First Time in 15 Months

The latest release of ACT Research’s For-Hire Trucking Index showed that for the first time in the past 15 months, the capacity index rose faster than the freight index, inflecting to a deteriorating supply-demand balance. read more

Textron Aviation Q1 Profit Doubles on Volume, Mix, Performance & Price

Textron reported its Textron Aviation segment profit was $72 million in Q1/18, up from $36 million on year ago. The company noted the increase was due to favorable volume, mix, performance and price. read more

February YTD U.S. Cutting Tool Consumption Up 7.4%

According to the USCTI and AMT, February U.S. cutting tool consumption YTD through February of $373.7 million is up 7.4% when compared with 2017. read more

ACT: March Net Trailer Orders Up 36% Versus Last Year

ACT Research’s preliminary estimate for March 2018 net trailer orders is 29,500 units. read more

Komatsu Invests in Surface Drill Product Line

Furthering its commitment to be a full solutions provider to the mining industry, Komatsu is expanding its P&H product line to include articulating boom track drills. read more

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