Trump ally floats Norway tariffs over Caterpillar divestment
A Republican senator closely allied with US President Donald Trump suggested imposing additional tariffs on Norway in retaliation for a...
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Construction
Equipment repair platform Heave receives $7M Series A funding
Heave, an on-demand heavy equipment repair platform, has raised $7 million in a series A funding round led by Outsiders...
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Norway wealth fund excludes Caterpillar over West Bank links
Norway’s $2 trillion sovereign wealth fund excluded heavy-equipment maker Caterpillar Inc. based on Israel’s use of its bulldozers to destroy...
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Takeuchi-US expands dealer, customer support with AI
Takeuchi-US, the U.S. subsidiary of global compact construction OEM Takeuchi, has launched an AI-powered service adviser on its website through...
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Used mini-excavator inventory drops 20%
Dealers continue to lean into strong rental demand to keep used construction equipment off their lots, while lenders see ample...
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Chinese construction, Ag OEM Zoomlion launches satellite
Chinese construction and agricultural equipment manufacturer Zoomlion aims to expand its connectivity and further its technology development with the launch...
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Toro divests Trencor equipment brand, exits auger boring
The Toro Co. has sold its Trencor equipment brand and the auger boring product category, part of its American Augers...
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RB Global inventory sales revenue soars 26% in Q2
Commercial vehicle marketplace RB Global reported increased total revenue and gross transaction values in the second quarter despite struggles in...
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