Equipment Sector

Machine Tool February YTD Orders Climb 27% Year/Year

According to the Association for Manufacturing Technology, U.S. orders for the first two months of 2018 climbed 27% higher than the same period in 2017. read more

Reuters: China Tariffs Will Have Negative Impact on U.S. Business Jets

According to a Reuters report, there will be a negative impact on the sale of Gulfstream and Boeing businesses jets due to China’s proposed tariffs on some U.S.-made planes. read more

ACT: HD & MD Orders Combine to Exceed 70,000 Units in March

More than 70,000 Classes 5-8 net orders were booked in March according to preliminary data from ACT Research. read more

DrChrono Launches Apple Hardware Leasing Bundles for Physicians

DrChrono announced it is the first medical records company to offer Apple leasing bundle plans for doctors and medical professionals that combine the power of its EHR with Apple hardware. read more

ATA: Driver Pay Climbs to Meet Demand for Increasingly Scarce Drivers

According to a new American Trucking Associations survey, driver pay has climbed as rising demand for freight transportation services has increased competition for increasingly scarce drivers. read more

Global Boom Truck Market to Grow 4.5% by 2025

The global boom trucks market is expected to grow by 4.5% between 2017 and 2025, according to a report from ResearchAndMarkets.  read more

ACT: Used Class 8 Truck Prices Up Y/Y in February, Mileage Flat

Class 8 used truck prices rose 3% year-over-year in February but dipped 2% month-over-month. Meanwhile, average mileage was flat compared to last February and the average age was lower on a year-over-year basis. read more

ACT: U.S. Trailer Net Orders Rise 27% Y/Y in February

According to ACT Research, February’s U.S. trailer net orders, while 14th highest on the all-time list, were the strongest February net order volume in industry history. read more

Global Agricultural Equipment Market Poised to Grow at CAGR of 10.25%

According to ResearchandMarkets, the agriculture equipment market is poised to grow at a CAGR of 10.25% by 2024. read more

ATA Truck Tonnage Index Decreases 2.6% in February

American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index declined 2.6% in February after rising 1.6% in January. In February, the index equaled 109.2 (2015=100), down from 112.1 in January. read more

Elliott Aviation Adds Citation Excel to Charter Fleet

Elliott Aviation added a Citation Excel to their charter fleet based in Eden Prairie, MN. read more

U.S. Cutting Tool Consumption Up 6.1% in January

The USCTI and the AMT reported a 4.9% increase in January U.S. cutting tool consumption on a month-over-month basis. The total consumption ($183.61 million), was up 6.1% year-over-year as well. read more

Falcon Jet: More Billionaires, Higher Business Jet Sales

The Economic Times noted, according to the director of Falcon Jet, the increasing number of billionaires and a number of faster growing economies has prompted interest not seen since the 2008 recession. read more

Caterpillar Reports 33% Increase in Sales, Resource Industries Up 60%

Caterpillar reported a 33% increase in worldwide machine sales for the three-month rolling period ended in February 2018. read more

Manufacturing Technology Orders Jump 44% in January

Orders for manufacturing technology in January 2018 were up 44% compared to January 2017, according to the U.S. Manufacturing Technology Orders report from the Association For Manufacturing Technology. read more

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