Equipment Sector

ACT: NA Class 8 Orders Hit 37-Month High in December

According to ACT Research, North American Class 8 orders ended 2017 by rising to a 37-month high of 37,500-plus units. read more

November Manufacturing Technology Orders Rise 19% Y/Y

According to the AMT, orders totaled $425.97 million for the month, up 19.0% compared to November 2016. At a cumulative total of $4.06 billion for the year, orders were up 9.4% compared to the same point in 2016. read more

Transport Topics: December Class 8 Retail Sales Rise 43% Y/Y

Transport Topics, citing data from WardsAuto.com, reported a 43% increase in U.S. class 8 retail sales in December 2017 compared to the same month in 2016. read more

December Trailer Orders Reach Second Highest Monthly Volume in History

ACT Research reported a preliminary estimate of 45,200 for net trailer orders in December 2017. read more

Underground Mining Equipment Market to Grow 4% by 2021

According to a market study from Technavio, the global underground mining equipment market is expected to grow at a CAGR of more than 4% from 2017 to 2021. read more

U.S. Cutting Tool Consumption Continues Gains in November 2017

November U.S. cutting tool consumption totaled $185.00 million according to the U.S. Cutting Tool Institute and the Association for Manufacturing Technology. read more

Seaspan Accepts Delivery of Fifth 11000 TEU SAVER Containership

Seaspan accepted delivery of the MSC Yashi B, an 11000 TEU containership that will commence a bareboat charter with MSC Mediterranean Shipping for a period of 17 years. read more

GECAS Leases Ethiopian Airlines First Two AEI-Converted 737 Freighters

Ethiopian Cargo and Logistics Service committed to lease the first two Boeing 737-800 freighters (737-800SF) converted by Aeronautical Engineers from GECAS. read more

Cranes Market to Grow 5.22%, Reach $44.7B by 2023

According to a report from Research and Markets, the cranes market is expected to be valued at $32.93 billion in 2017 and is projected to reach $44.70 billion by 2023, growing at a CAGR of 5.22% during the forecast period. read more

Construction Machinery Manufacturing Market to Grow 6.2% by 2020

In a new report, BCC Research estimates that the global construction equipment manufacturing market will reach $181.6 billion and $230.9 billion in 2016 and 2020, respectively, indicating a compound annual growth rate (CAGR) of 6.2%. read more

Aerial Work Platforms Poised to Reach $15.3B by 2016

According to a new report, the global aerial work platforms market is poised to reach a market value of $15.3 billion by 2016. The market is expected to receive a boost from attractive equipment financing options. read more

November Class 8 Retail Sales Up 25.4% on Year-Over-Year Basis

Transport Topics reported that U.S. retail Class 8 sales reached 17,488 in November 2017, marking a 25.4% year-over-year gain. read more

Global Rigid Dump Truck Market to Grow 4.19% by 2021

According to a report from Research and Markets, the global rigid dump truck market will grow at a CAGR of 4.19% from 2017 to 2021. read more

Boeing Delivers First 737 MAX 8 to African Operator, Mauritania Airlines

Boeing and Mauritania Airlines International celebrated the delivery of the airline's new 737 MAX 8. The Mauritanian carrier became the first operator of the new and improved airplane in Africa. read more

Report Forecasts 4.6MM Construction Equipment Telematics Systems by 2021

Growing at a compound annual growth rate of 21.3%, the active installed base of active construction equipment OEM telematics systems is estimated to reach 4.6 million units worldwide in 2021. read more

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