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Market Analysis
Industry News: Page 249
Trends
Zero-Emission Kenworth T680 Equipped with Hydrogen Fuel Cell on Display at Consumer Electronics Show
Kenworth Truck Company
The Kenworth T680 day cab’s fuel cell combines compressed hydrogen gas and air to produce electricity with only water vapor emitted at the tailpipe.
Industry News
JLG to Feature New 1644 High Capacity Telehandler at World of Concrete
JLG Industries Inc.
The JLG 1644 telehandler offers 15,650 lbs. of lift capacity and is available with the optional SmartLoad Technology for improved operator comfort.
Industry News
PRINOTH Expands Distribution to West Virginia
Prinoth Ltd.
PRINOTH has named Leslie Equipment Company as its new dealer which will sell, lease and service the company's PANTHER vehicles.
Agriculture
IIoT in Agriculture on the Rise to Meet Growing Food Production Demand
A new report from Research and Markets says the use of the Industrial Internet of Things will grow in agriculture as equipment manufacturers and their customers look to increase food production capabilities.
Industry News
AEM Acquires Data Analytics Company Hargrove & Associates
Association of Equipment Manufacturers (AEM)
The acquisition allows AEM to enhance and build upon its statistics program to better meet the needs of its membership.
Construction
AEM Signs Letter to Congress Urging Infrastructure Bill
Association of Equipment Manufacturers (AEM)
AEM has cosigned a letter to congressional leaders urging them to make infrastructure a top priority.
Engines
Cummins Announces Availability of X12 Powered MCI Coaches in 2019
Cummins Inc.
Cummins' X12 will be available on the J4500, D-Series, Commuter Coach and Inmate Specialty Coaches.
Construction
CASE Accepting Entries for Third Annual Dire States Equipment Grant
Case Construction Equipment
CASE is accepting entries for its 2018 Dire States Equipment Grant which provides one winning community with $25,000 in free equipment use to help with the building or repair of local infrastructure.
Construction
Global Construction Market to Reach $10.5 Trillion by 2023
Research and Markets' latest report indicates the global construction market is forecast to grow at a CAGR of 4.2% from 2018-2023 due to increasing housing starts and rising infrastructure urbanization and the population continue to grow.
On-Highway
North American Class 8 Orders for December Remaining Strong at 37,200 Units
FTR Transportation Intelligence
FTR reports December Class 8 orders surpassed 30,000 for third consecutive month in December; order activity was 15% higher than November and up 77% from a year ago.
On-Highway
Medium- and Heavy-Duty Orders Close Year Three-Month High in December
Americas Commercial Transportation Research Co. LLC/ACT Research
ACT Research reports preliminary Class 5-8 order data shows December volume increased 11% compared to November, and was up 35% compared to December 2016.
Agriculture
John Deere Combines and Cotton Harvesters Receive Ag Engineering Award
John Deere Ag and Turf Division
John Deere’s S700 Combines, CP690 and CS690 Cotton Harvesters have been honored with an AE50 Award for innovations that improve production agriculture.
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