Volvo CE to sell ABG paver business to Ammann Group
Volvo Construction Equipment is set to sell its global ABG paver business to Swiss mechanical engineering company Ammann Group. The...
Read moreDetails
Construction
Demand for construction equipment weakens
Demand for construction equipment softened in November as auctions, dealers and OEMs continued to manage excess inventory. Growing inventories amid...
Read moreDetails
Sunbelt U.S. rental revenue rises 12% to $2.3B
Sunbelt Rentals’ rental revenue grew due to increased volume and rates in its U.S. fiscal second quarter, which ended Oct....
Read moreDetails
Construction market steady ahead of winter uptick
Construction equipment activity remained steady in October as the market prepared for the return of seasonality and increased yearend activity. ...
Read moreDetails
Alta Equipment construction revenue rises 13%
Equipment vendor Alta Equipment Group’s construction and material handling revenue grew in the third quarter as equipment demand remained elevated...
Read moreDetails
Cat Financial originations rise 6% YoY amid high rates
Cat Financial’s originations rose in the third quarter of 2023 despite interest rate concerns tightening financial markets and negatively impacting...
Read moreDetails
Caterpillar falls as shrinking backlog stokes demand worry
Caterpillar Inc.’s stock tumbled to the lowest price since early June after the company said its order backlog shrank in...
Read moreDetails
Volvo North American construction orders jump 196%
Swedish equipment manufacturer Volvo Group’s North American construction equipment orders spiked in the third quarter as dealers began placing 2024...
Read moreDetailsProud Member Of
Check Out Our Industry Event
