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More from OEM Off-Highway
Market Analysis
Equipment Rental Industry Forecast Remains Steady
American Rental Association (ARA)
ARA reports steady revenue growth is anticipated for the U.S. equipment rental industry through 2021; the Canadian rental industry is also anticipated to see continued growth over the next 5 years.
On-Highway
FTR’s Shippers Conditions Index Improves in May Reflecting Still Weak Contract Market Pricing
FTR Transportation Intelligence
The May FTR Shippers Conditions Index improved to a reading of -1.9, indicating moderately favorable truck freight growth and continued weak contract pricing.
Military
U.S Army Places Order for Oshkosh Joint Light Tactical Vehicles
Oshkosh Corporation
Oshkosh has received an additional order from the U.S. Army for its JLTVs that includes 748 vehicles and 2,359 installed and packaged kits.
Tires & Wheels
Yokohama Increasing Tire Prices up to 4%
Yokohama Tire Corp.
Yokohama will increase prices up to 4% for commercial and OTR tires sold in the U.S. due to increased material costs.
Engines
Cummins Second Quarter Revenues Increased 12%
Cummins Inc.
Cummins reports higher second quarter revenues due to higher demand in the truck, construction and mining markets; it has increased its full-year forecasted revenues to be up 9-11%.
Trends
Albach Diamant 2000 Self-Propelled Chipper
Trends
Electrification Brings Cost and Emissions Savings
Orange EV
Development of a pure electric terminal tractor enables diesel-equivalent operation but with lower fuel costs and reduced emissions.
Safety
Bendix Voices Support for Full-Stability Requirement
Bendix Commercial Vehicle Systems LLC
Bendix supports implementation of the NHTSA full-stability mandate for Class 7 and 8 trucks set to go into effect August 1 to help improve road safety.
Trends
Komatsu America Corp. Introduces Tier 4 Final WA200-8 Wheel Loader
Komatsu America Corp.
Komatsu's new WA200-8 wheel loader features a 126 hp Tier 4 Final engine which burns up to 4% less fuel than the predecessor Tier 4 Interim engine.
Axles & Driveshafts
AxleTech International Names New VP of OE Business Development
AxleTech
AxleTech has named Dan Chien as Vice President of OE Business Development with responsibility for both commercial and defense segments of the business.
Engines
Hatz Diesel of America Names New VP and Treasurer
Hatz Americas, Inc
Hatz has named Andrew Crownover Vice President and Treasurer, responsible for all financial matters in North America.
Tires & Wheels
Trelleborg Announces Tire Price Increase
Trelleborg Wheel Systems America Inc.
Trelleborg has announced an up to 8% price increase for pneumatic tires in North America due to higher raw material costs.
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