Equipment Sector

Container Leasing Market to Grow 16.12% by 2021, Top Companies Dominate

The global container leasing market is forecast to grow at a CAGR of 16.12% by 2021, according to a report from Research and Markets. read more

ACT Research: North America Class 8 Build Plan Rises in August

According to ACT Research, 59% of August’s North American Class 8 orders are scheduled to build this year and the fill rates are generally in line with historical averages. read more

ATA Truck Tonnage Index Rises 7.1% in August, Up 8.2% Y/Y

American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index jumped 7.1% in August, following a 0.5% gain during July. read more

Interest in Electric Trucks Accelerated by GHG-2, SuperTruck II Funding

Following a quarter heavily focused on automated manual transmissions, the attention in Q3/17 has been directed to electric power, as noted in an outlook from ACT Research and Rhein Associates. read more

Willis Lease Finance Complete Sale Leaseback of Three 737NG Aircraft

Willis Lease Finance completed a sale and leaseback transaction on three 737NG aircraft with Fiji Airways, supported by the Willis Lease ConstantThrust program. read more

Truckload Turnover For Large Fleets Highest Since Q4/15

According to American Trucking Associations Chief Economist Bob Costello, the turnover rate at truckload carriers surged in Q2/17, a sign that the market for drivers is quickly tightening. read more

Utah Drilling Company Selling Entire Fleet in Ritchie Bros. Auction

On September 26, Ritchie Bros. will sell more than 750 heavy equipment items and trucks for more than 100 companies, including more than 90 items for Most Wanted Drilling, a Utah-based drilling company. read more

Agricultural Tractor Market to Grow 3.08% by 2021

According to a report from Research and Markets, global agricultural tractor market will grow at a CAGR of 3.08% from 2017 to 2021. read more

ACT: August’s Volume Index Up 10 Points From July

ACT Research’s For-Hire Trucking Index indicated that August’s freight volume reading advanced for the eighth consecutive month to 67.0, actual and seasonally adjusted. read more

Powered by Rising Oil Consumption, Railcar Leasing Market to Grow 6.99%

The global railcar leasing market is expected to grow at a CAGR of 6.99% from 2017 to 2021 says a report from Research and Markets. read more

Global Agriculture Equipment Market to Grow 6.5% by 2024

The agriculture equipment market generated revenue of $171 billion in 2016, and is projected to reach $279.5 billion by 2024, growing at a CAGR of 6.5% from 2017 to 2024, according to Bharat Book Bureau. read more

U.S. Cutting Tool 2017 YTD Consumption up 7.1% in July

According to the U.S. Cutting Tool Institute and the Association for Manufacturing Technology, July U.S. cutting tool consumption was down 8.4% compared to June, but up 16% on a year-over-year basis. read more

Canada Jetlines Signs Letter of Intent for Boeing 737-800NG

Canada Jetlines entered into a letter of intent for two Boeing 737-800NG aircraft with a major U.S. based aircraft leasing firm for delivery in April 2018. read more

Pallet Trucks Market to Grow Roughly 6% by 2021

According to a report from Research and Markets, the global pallet trucks market will grow at a CAGR of 6.04% from 2017 to 2021. read more

Used Business Jet Pricing Impacting New Aircraft Sales

According to the Wichita Eagle, due to the pricing on the used jet market, it has become increasing easier for customers to purchase larger used jets as opposed to smaller new models with less range. read more

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