Electrification hesitation as haulers evaluate hydrogen
Orders for Volvo-manufactured electric trucks and construction equipment declined in the first quarter as the industry hesitates to adopt battery...
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Construction
Volvo North American orders drop amid inventory management
Swedish equipment manufacturer Volvo Group’s construction equipment and truck orders decreased in the first quarter as the manufacturer navigated supply...
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Construction inventories rise again in March
Inventory levels in all segments of the construction industry continued to climb in March, further pressuring values. March data from...
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Payrolls in US construction industry rise by most since May 2022
US construction firms boosted payrolls last month by the most since May 2022, helping the overall labor market nail down...
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US Homebuilder Sentiment Increases to an Eight-Month High
Sentiment among US homebuilders climbed to an eight-month high in March as a limited number of existing homes for sale...
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Alta Equipment Group sales rise 25%
Alta Equipment Group in 2023 grew its revenue 19.4% year over year to $1.9 billion, thanks to increased sales of...
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Construction inventories climb in February
Inventory levels of used medium- and heavy-duty construction equipment rose for the second consecutive month, as dealers struggled to offload...
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Volvo Group invests in Zacua Ventures as ESG efforts expand
Global construction and transportation equipment manufacturer Volvo Group has invested in venture capital firm Zacua Ventures to further its sustainability...
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