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Material Handling

Hyster-Yale Americas dealer sales spike again

byJohnnie Martinez II

February 28, 2024

Material handling manufacturer Hyster-Yale grew dealer sales in the Americas in the fourth quarter as it benefited from improving supply...

Equipment manufacturer Terex Corp. maintained a backlog of $4.1 billion quarter over quarter as demand remained strong, despite continued supply chain issues and rising interest rates.

Material Handling

Terex order backlog drops but remains at 3x historical average

bySamson Amore

February 12, 2024

Equipment manufacturer Terex trimmed its order backlog in 2023 by 18% but the company’s surplus of orders still outweighs its...

Construction

Construction market stable as new year begins

byJohnnie Martinez II

January 9, 2024

Construction equipment auction activity remains stable as demand for equipment shows strength despite a growing supply glut. Demand, inventories and...

Material Handling

Caterpillar showcases autonomous electric mining truck

byEquipment Finance News, AI Assisted

December 19, 2023

Caterpillar unveiled its latest sustainable mining technology, a battery electric prototype underground mining truck, during a demonstration today for gold...

Construction

Demand for construction equipment weakens

byJohnnie Martinez II

December 11, 2023

Demand for construction equipment softened in November as auctions, dealers and OEMs continued to manage excess inventory. Growing inventories amid...

Construction

Construction market steady ahead of winter uptick

byJohnnie Martinez II

November 21, 2023

Construction equipment activity remained steady in October as the market prepared for the return of seasonality and increased yearend activity. ...

A worker operates a forklift in the press shop at the Kia Slovakia sro plant in Zilina, Slovakia, on Friday, Oct. 27, 2023. European auto sales maintained double-digit growth in September despite higher interest rates raising the cost of acquiring a car.

Dealer Operations

Alta Equipment construction revenue rises 13%

byJohnnie Martinez II

November 13, 2023

Equipment vendor Alta Equipment Group’s construction and material handling revenue grew in the third quarter as equipment demand remained elevated...

A worker uses a Hyster-Yale Materials Handling Inc. pallete truck to load bags of cement at the Hercules cement plant, operated by PPC Ltd., in Pretoria, South Africa, on Thursday, Sept. 3, 2015. PPC Ltd., South Africa's largest cement maker, has drawn up a plan to generate 400 million rand ($34 million) in extra profit each year as the company seeks to improve performance amid a flagging share price.

Material Handling

Hyster-Yale Americas dealer sales up 43% YoY

byJohnnie Martinez II

November 3, 2023

Material handling manufacturer Hyster-Yale grew dealer sales in the Americas in the third quarter as the company benefited from improving...

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