RB Global commercial construction, transportation revenue up 17%
Commercial vehicle marketplace RB Global’s gross transaction values increased in its commercial construction and transportation sector for the fourth quarter...
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Construction
Construction inventory spikes in January
Inventory levels and values remain mixed across all segments of the construction market, according to new data from analytics firm...
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Cat Financial profit up 41% on higher financing rates
Cat Financial, the equipment financing arm of Caterpillar, reported a 2023 profit of $563 million, up 5% from 2022, spurred...
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Strong North American sales bolster Hitachi Construction Machinery Q3 results
Strong sales of mining trucks and public works equipment in North America pushed Hitachi Construction Machinery’s fiscal third-quarter 2023 net...
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Komatsu retail finance originations rise 13%
Japanese OEM Komatsu’s retail finance originations increased during the first nine months of the company’s fiscal 2023 due to favorable...
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Volvo North American truck orders up 20%
Swedish equipment manufacturer Volvo Group’s truck orders increased in the fourth quarter and for the full year as the manufacturer...
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Construction market stable as new year begins
Construction equipment auction activity remains stable as demand for equipment shows strength despite a growing supply glut. Demand, inventories and...
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Skid steers a barometer for equipment market health
A market downturn and a potential rise in repossession orders for skid steers could indicate looming problems for the equipment...
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