Equipment Sector

GE Aviation’s Five-Year Investment in U.S. Operations Exceeds $4B

GE Aviation investments reached $4.3 billion in its expanding U.S. operations from 2011 to 2016 with another $1.1 billion invested in its international sites. read more

Investor Confidence in International Shipping Weakened in 2016

According to a report from Hellenic Shipping News, there was a collapse in orders for new ships as investors’ confidence in market prospects weakened at a staggering pace in 2016. read more

Aviation Capital Leases Six New A321neo Aircraft to Vietnam Airlines

Aviation Capital Group placed six new Airbus A321neo aircraft on long-term leases with Vietnam Airlines. These aircraft are from ACG’s firm order book with Airbus and are scheduled for delivery in 2018 and 2019. read more

ACT: Rebalancing Capacity Accelerates, Volume, Productivity Indexes Soar

The latest release of ACT’s For-Hire Trucking Index showed the freight component of the index rising faster than the capacity component, boosting the spread to a level not seen since early 2014. read more

ACG, Jetstar Pacific Sign Lease Agreement for 10 New Airbus A320-200s

Aviation Capital Group signed a sale and lease-back agreement with Jetstar Pacific for 10 new Airbus A320-200 aircraft. read more

U.S. Manufacturing Technology Orders Finish 2016 Down 4%

Manufacturing technology orders finished 2016 down 4.0% compared to 2015, according to the data from the Association For Manufacturing Technology. However, month-over-month, December 2016 orders were up 20.6%. read more

Global Business Jet Market Faces Uncertain Global Environment

According to a report, the global business jet market continues to face a challenging, complex and uncertain global macroeconomic environment. read more

U.S. Freight Rail Industry to Spend $22B on Network In 2017

According to the Association of American Railroads, U.S. freight railroads are projected to spend an estimated $22 billion to maintain and upgrade the nation's private rail network in 2017. read more

Intrepid Aviation Delivers A330-300 to Turkish Airlines

Intrepid Aviation delivered a Rolls-Royce powered A330-300 on long-term lease to Turkish Airlines. This is the second of seven A330 aircraft due to be delivered to the Istanbul-based flag carrier. read more

2016 Machine Tool Consumption Down 4.3% Year/Year

The USCTI and the AMT reported U.S. cutting tool consumption was $2.04 billion in 2016, down 4.3% when compared with 2015. Cutting tool orders expected to increase in 2017. read more

Singapore Airlines Will Purchase 20 777-9s, 19 787-10s

Singapore Airlines committed to purchase 20 777-9s and 19 787-10 Dreamliners from Boeing. read more

Cat, Komatsu, Hitachi Make Up 50% of Construction Equipment Market

According to Transparency Market Research, the landscape of the global construction equipment market is heavily consolidated, with Caterpillar, Komatsu and Hitachi accounting for roughly 50% of the market. read more

Global Mining Equipment Industry to Reach $80.8B by 2021

According to a report published by Lucintel, the global mining equipment industry is expected to reach an estimated $80.8 billion by 2021, and it is forecast to grow at a CAGR of 2.3% from 2016 to 2021. read more

Air Lease to Place Five New Boeing 787-9s with China Southern Airlines

Air Lease entered a long term lease agreements with China Southern Airlines for five new Boeing 787-9 aircraft outfitted with GE’s GEnx engines, all from ALC’s order book with Boeing.  read more

Enterprise Truck Rental Opens First West Virginia Location

Enterprise Truck Rental opened its first location in West Virginia. The new facility offers a rental fleet of box trucks, cargo vans and pickup trucks for both business and personal use. read more

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