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Market Analysis
Industry News: Page 252
Brake System
Bendix ADB22X Air Disc Brake Now Standard on all Axles of Peterbilt Model 579
Bendix Commercial Vehicle Systems LLC
Bendix's ADB22X air disc brake has demonstrated shorter stopping distances, up to 15 ft. for a truck traveling at 60 mph.
Agriculture
AI in Agriculture Market Worth $2,628.5 Million by 2025
A new report from MarketsandMarkets indicates AI in Agriculture will grow at a CAGR of 22.5% due to growing demand for agricultural production.
On-Highway
PACCAR Names New President and Chief Financial Officer
PACCAR Inc.
PACCAR has elected Harrie Schippers as the company's new President and CFO.
Industry News
First Liebherr LRT Rough-Terrain Cranes Delivered
Liebherr-International Deutschland GmbH
Liebherr has delivered its first LRT 1090-2.1 and the LRT 1100-2.1 to a customer for use in opencast mining, as well as construction applications.
On-Highway
GB1589 Continues to Impact China Commercial Vehicle Market
Americas Commercial Transportation Research Co. LLC/ACT Research
ACT Research reports the GB1589 regulation in China and the country's electric vehicle policy adoption continued to aid improvement of truck demand in the third quarter.
Proximity Detection & Safety Systems
Bendix Wingman Fusion to Come Standard on New Anthem Mack Trucks
Bendix Commercial Vehicle Systems LLC
Bendix Wingman Fusion combines radar, camera, and the vehicle’s brake system to deliver enhanced rear-end collision mitigation, lane departure warning, overspeed alerts and action, and braking on stationary vehicles.
Agriculture
ASABE Names Innovations from Case IH and New Holland Agriculture to 2018 AE50 List
CNH Industrial
Nine machines from CNH brands Case IH and New Holland Agriculture have been included on ASABE's 2018 AE50 list which honors innovative designs in engineering products or systems for the food and agriculture industries.
Trends
Mack Catenary Vehicle Demonstrated Near Ports of Long Beach and Los Angeles
Mack Trucks Inc.
The prototype vehicle is a Mack Pinnacle DayCab model equipped with a proprietary plug-in hybrid electric driveline, which saves fuel and reduces emissions when running in hybrid or in electric mode.
Industry News
LiuGong Acquiring Shares of Piling Foundation Machinery Business
LiuGong Machinery Corp.
LiuGong will acquire 51% of shares in Shanghai Jintai Engineering Machinery Co., Ltd., enabling it to add piling machines to its product portfolio.
Agriculture
John Deere Gator XUV Models Recognized with 2018 AE50 Award
John Deere Ag and Turf Division
John Deere's Gator XUV835 and Gator XUV865 feature a quiet cab, three-wide seating, and heating and air conditioning to maximize productivity and comfort.
On-Highway
FTR’s Trucking Conditions Index Spikes Upward in October
FTR Transportation Intelligence
The FTR Trucking Conditions Index increased in October due to a strong economy, combined with pressure from hurricane recovery and the ELD mandate, creating a very tight market resulting in improved contract rates.
Agriculture
India and China Account for Half the Global Agricultural Machinery Market
Agrievolution Alliance
Figures presented during EIMA Agrimach show that of the 1.9 million tractors sold in 2016, India and China accounted for 990,000 units, confirming them as rapidly expanding markets.
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