Caterpillar revealed first-quarter 2024 sales and revenues of US$6.4 billion for its construction industries segment, a decrease of $322 million, or 5%, compared with $6.7 billion in the first quarter of 2023.
When Bobcat launched its T7X compact tracked loader just in time for ConExpo last year, it wasn’t only different in the sense that it was electrically powered.
Hitachi Construction Machinery Europe (HCME) is set to commence direct rentals to end-users under its own brand in parts of Europe, the company has announced
A jury has ordered Caterpillar to pay $100 million to International Construction Products over a terminated agreement for direct online sales of Chinese construction equipment in the U.S.
Hitachi ended its decades-long excavator agreement with John Deere in 2022, branching out on its own from beneath the shadow of its larger U.S. partner.
The 2.3 million men and women of the equipment manufacturing industry make the equipment that builds, powers, and feeds the world. Everywhere you look, equipment manufacturers are keeping people and critical goods moving and powering vital public services and utilities.
2023 was a mixed bag when it came to new and used construction equipment sales, with steady declines for compact equipment and a slight uptick for larger machines.
The Equipment Leasing and Finance Association (ELFA) recently unveiled the findings of its 34th annual “What’s Hot/What’s Not: Equipment Market Forecast 2024,” offering a comprehensive overview of how the equipment finance industry perceives 15 key equipment markets.
Equipment dealers operate in a very competitive market that can make it challenging to maintain the margins needed to provide a reasonable return and support the significant investments in people, processes, technology, tools, real estate and other infrastructure required to conduct business in the manner