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Tag: earnings

Construction outside a building in Bellevue, Washington, US, on Thursday, July 18, 2024. Deep divides in US cities leave troubled economies in downtown areas.

Sunbelt U.S. rental revenue rises 6% to $2.2B

byJohnnie Martinez II

September 3, 2024

Sunbelt Rentals’ rental revenue in the United States grew as volume and rates remained strong in the first quarter of ...

A grain cart carries corn during a harvest at a farm in Sinop, Mato Grosso state, Brazil, on Wednesday, June 26, 2024. Young entrepreneurs are stepping into agricultural leadership roles in the latest threat to US farming's dwindling influence.

Titan Machinery agriculture revenue dives 10%

byJohnnie Martinez II

August 29, 2024

Equipment dealer Titan Machinery‘s agriculture segment revenue dropped in the second quarter of fiscal 2025 as farm profits and farmer ...

Used International trucks manufactured by Navistar International sit on the lot of the company's used truck facility in Melrose Park, Illinois Wednesday, Aug. 15, 2001. The fourth-largest truckmaker reported fiscal third-quarter earnings fell 98 percent as a glut of used trucks and the effects of the slowing U.S. economy reduced demand. The Melrose Park lot, one of 15 company owned lots, has nearly 300 trucks in inventory.

Premier Truck Group concerned by used-truck financing

byJohnnie Martinez II

August 23, 2024

Used-truck financing remains a concern for commercial vehicle dealers as tighter credit and higher prices limit affordability and sale of ...

A Volvo Inc. excavator operates at a road construction site in Gwadar, Balochistan, Pakistan, on Tuesday, July 4, 2018. What used to be a small fishing town on the southwestern corner of Pakistan is giving way for construction of roads and buildings to house banks, insurance and clearing agents. China Overseas Port Holdings, Gwadar Ports operator, has separately spent $250 million to add five new cranes, construct a building in less than six months by importing ready made parts and create space for a free zone.

Ferronordic US sales boost Q2 revenue

byJohnnie Martinez II

August 15, 2024

Construction and truck equipment dealer Ferronordic increased revenue in the second quarter despite a decline in overall sales due to ...

John Deere partners with Chervon to sell battery-powered equipment

John Deere Financial profit plunges

byQuinn Donoghue

August 15, 2024

The financial services division of Deere & Co. reported a 29% decline in net income year over year in its ...

A Nikola Corp. Tre FCEV truck following its unveiling at the IAA Transportation show in Hanover, Germany, on Monday, Sept. 19, 2022. Global leaders Daimler Truck Holding AG and Volvo AB are joining dozens of commercial-vehicle makers in Germany this week to showcase their latest electric semis, with more zero-emissions vehicles debuting at the IAA Transportation show than ever before.

EV maker earnings show volatility in Q2

byJohnnie Martinez II

August 13, 2024

EV manufacturers Lion Electric, Mullen Automotive and Nikola remained volatile in the second quarter as the market navigates shifting consumer ...

Alta Equipment Group’s new- and used-equipment sales dipped in the second quarter as the equipment sales market weakened despite revenue growth.

Alta Equipment’s sales dip

byJohnnie Martinez II

August 8, 2024

Alta Equipment Group’s new- and used-equipment sales dipped in the second quarter as the equipment sales market weakened despite revenue ...

Hyster-Yale Americas dealer sales spike again

Hyster-Yale revenue climbs 7%

byQuinn Donoghue

August 8, 2024

An uptick in dealer sales contributed to increased year-over-year revenue in the second quarter for material handling manufacturer Hyster-Yale, while ...

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