Opifex-Synergy merger builds 9th-largest equipment rental company
A pair of heavy-equipment rental companies joined forces and secured financing last week to expand their presence across the Sun...
John Deere Financial profit plunges
The financial services division of Deere & Co. reported a 29% decline in net income year over year in its...
Used Class 8 retail sales rise 32%
Used Class 8 truck retail sales surged in July despite summer slowdowns and the ongoing freight recession. Used Class 8...
Used-construction equipment values dip as inventory climbs 46% in July
Used construction equipment values continued to fall in July as inventory piled up on dealer lots, prolonging a yearslong trend...
North American Class 8 truck orders drop 13% in July
North American preliminary net orders for heavy- and medium-duty trucks declined 13% year over year in July amid seasonal slowdowns,...
Hyster-Yale revenue climbs 7%
An uptick in dealer sales contributed to increased year-over-year revenue in the second quarter for material handling manufacturer Hyster-Yale, while...
Pronto deploys autonomous haulage at Heidelberg quarry
Pronto has deployed its autonomous haulage system at construction materials company Heidelberg Materials’ Lake Bridgeport quarry in North Texas. San...
Cat Financial sees 9% spike in revenue
Cat Financial, the financing arm of construction equipment manufacturer Caterpillar, reaped the benefits of higher interest rates and retail business...
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