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Market Analysis
Industry News: Page 290
On-Highway
FTR Reports Class 8 Orders Retreat in May to 16,300 Units
FTR Transportation Intelligence
FTR reports Class 8 orders declined in May, falling 31% from April; however, orders were up 29% year-over-year and the forecast continues to look solid for the remainder of the year.
Construction
Doosan Bobcat North America Completes West Fargo Headquarters Expansion
Bobcat Company
Doosan's new West Fargo headquarters features a collaborative environment for employees, and doubles the square footage of its original building.
On-Highway
FTR’s Shippers Conditions Index for March Remains Close to Neutral
FTR Transportation Intelligence
The FTR Shippers Conditions Index in March had a reading of -1.7, remaining relatively neutral; capacity is expected to tighten by late 2017 as the economy grows and new regulations go into effect.
Industry News
Atlas Copco Opens New Headquarters for Specialty Rental Business in Europe
Epiroc
The new headquarters will serve as the main competence center for Atlas Copco's rental business in Europe, as well as the headquarters for its Specialty Rental division of its Construction Technique business.
Materials
New Flyer Acquires Carlson Engineered Composites
NFI Group Inc., formerly New Flyer Industries Inc.
New Flyer says the acquisition of Carlson Engineered Composites will enable it to control a critical commodity in its manufacturing supply chain.
Mining
Atlas Copco Rock Drills Hosting Sustainable Intelligent Mining Systems European Project Kick-Off
Epiroc
As part of the SIMS consortium, Atlas Copco and several others are working to support economic growth and change the perception of the mining industry.
Construction
Deere to Acquire the Wirtgen Group
John Deere Worldwide Construction & Forestry Div.
John Deere's acquisition of the Wirtgen Group will help the company achieve its goal of further expanding its global construction business.
Forestry & Lawn
Noted Economist Alan Beaulieu to Speak at GIE+EXPO 2017
ITR Economics
Alan Beaulieu of ITR Economics will deliver a keynote address on Oct. 18 at GIE+EXPO, focusing on the current economic climate and where it's headed in the next few years.
Safety
RCT Founder Receives Champion of Innovation Award
Remote Control Technologies Pty Ltd. (RCT)
RCT Founder Bob Muirhead was recently awarded the Champion of Innovation for 2017 by Austmine for his efforts to bring innovation to the mining industry.
On-Highway
New Report on Driverless Trucks Maps Impact and Action Plan for Jobs and Legal Issues
European Automobile Manufacturers Association (ACEA)
The new report says driverless trucks could reduce driver demand by 50-70%; the report also lays out a plan to manage the transition by factoring in labor and legislation needs.
Military
Iveco Defence Supplying 400 Euro 6 Compliant Trucks to Swiss Armed Forces
CNH Industrial
Iveco Defence Vehicles will deliver a range of variants of its new Stralis and Trakker trucks featuring various pieces of equipment such as protected cabins.
Agriculture
European Farmers Optimistic about Current Economic Conditions and Business Growth
German Agricultural Society (DLG)
DLG's Trendmonitor Europe survey finds that European farmers are viewing current and future growth in a more positive light due to improving market conditions.
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