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The tragic incident in which a container ship collided with a support column of the Francis Scott Key Bridge in Baltimore has featured in headlines across the globe, not only for the loss of life but also due to...
According to the latest research by Interact Analysis, there are encouraging signs for the global off-highway market in 2024 following a turbulent few years, as supply chain issues resolve themselves and the market appears to be returning to a...
According to CECE’s annual economic report, sales of construction equipment in Europe declined by 10% in 2023, following a period of very high absolute levels. The decline was primarily attributed to a downturn in road machinery, particularly light compaction...
According to a report by Berg Insight, the global installed base of active construction equipment (CE) OEM telematics systems reached 6.2 million units in 2022. Growing at a compound annual growth rate (CAGR) of 12.0 percent, the active installed...
Research Nester’s recent market research analysis on the offshore drilling market delivers a detailed competitors analysis and a detailed overview of the global offshore drilling market during 2024-2036. The global offshore drilling market is estimated to grow on account...
The global market for cherry picker forklifts is estimated to grow on account of rising demand for cleaning jobs and a growing logistics sector, according to a market research analysis by Research Nester. People are becoming more and more demanding...
SANY Heavy Industry reported its H1 2023 financial results on August 30. Its operating revenue is 39.496 billion yuan (US$ 5.44 billion), while the net profit attributable to shareholders of listed companies increased by 29.07% to 3.4 billion yuan...
CNH Industrial announces the divestiture of its business activities in Russia for a total consideration of approximately $60 million. This follows the Company’s announcement in March 2022 that it was suspending supplies to this market. Up until today, the...
CNH Industrial announces that effective December 31, 2022, it will cease all Construction Equipment sales activities in China. In the course of 2021, sales of Construction Equipment in China totaled approximately $88 million, and CNH Industrial does not expect...
Brandt Completes Cervus Deal, Creates International Equipment Dealer Powerhouse.Regina-based company welcomes 64 new locations across Canada, Australia, and New Zealand.Brandt Tractor a wholly-owned subsidiary of the Brandt Group of Companies,  announced that it has successfully acquired Cervus Equipment Corp.,...