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Leading economist: US economy to weaken in first half of 2024
Contributing factors include the end of Covid relief programs, lingering impacts of monetary policy and credit tightening
Trendlines: 2023 proves a surprising year
Construction markets in 2023 were better than expected. Why was this and what’s in store for 2024?
Aggreko makes solar power acquisition
UK-South African business specialises in fixed installations
Yamaha takes control of Torqeedo
Japanese engine specialist will add pure electric power to its marine portfolio
Interview: Wacker Neuson gears up for John Deere excavator production
Gert Reichetseder, president and CEO Americas, talks about when to expect new models and how the market is shaping up to receive them
Volvo Group signs option agreement to divest Arquus
Acquisition of Arquus would more than double John Cockerill’s defense business
Class 8 build cuts ‘imminent’ says forecast
Potential inventory surge risk anticipated for Q1 2024
Hyundai and Amazon collaborate on autonomous sites
The company expects to see a significant surge in productivity of 30-70% at construction sites
CNH and HD Hyundai unveil joint innovation agreement
Construction equipment firms to collaborate on construction technology research centre
Diesel Motor Nordic becomes Deutz Nordic
The change will have no impact on customer service and support
Himoinsa appoints director of power solutions
Appointment signals next step of growth plan company says
Caterpillar’s ‘strategic agreement’ continues electric evolution
Caterpillar signs a strategic agreement with CRH for electric off-highway trucks and charging solutions
What does 2024 look like for construction equipment sales?
It was a year of two halves for construction equipment in 2023, with manufacturers working hard to fulfil backlogs generated in 2022, followed by a dip in orders in most markets in the latter part of the year.
United Rentals invests in solar generator fleet
Hipower units can “revolutionise power generation”
Silicon Valley company develops off-highway electrification ‘ecosystem’
Will show electric mini excavator at CES show in January
United Rentals launches carbon emissions estimator
Digital tool is part of United’s ‘Total Control’ cloud platform
Epiroc to purchase Stanley Infrastructure
Deal includes LaBounty, Paladin and Dubois brands
Tadano buys aerial platform manufacturer
Japanese crane maker boosts its access range
BorgWarner completes acquisition of electric hybrid systems business
Acquisition of Eldor’s EHS business segment adds to ePropulsion portfolio
Volvo CE to sell ABG paver business to Ammann
Transaction expected to be completed within the first half of 2024
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