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Market Analysis
Industry News: Page 299
Transmissions
Eaton, Cummins Announce JV for Automated Transmissions for CVs
Eaton
The joint venture will be named Eaton Cummins Automated Transmission Technologies.
On-Highway
FTR Trucking Conditions Index Heads in Positive Direction in February
FTR Transportation Intelligence
The FTR Trucking Conditions Index reported an increase in February, and is expected to reach double digit positive readings by year end due to freight growth and regulatory headwinds.
Industry News
IVECO Madrid Plant Achieves Gold Level Designation in World Class Manufacturing
CNH Industrial
IVECO's facility in Madrid is the CNH's first to achieve Gold status in the World Class Manufacturing program which recognizes efforts at improved safety and reduced waste.
Construction
Construction Spending in February Reaches Highest Point Since April 2006
The U.S. Commerce Dept. reports construction spending increased 0.8% in February from the previous month, and 3.0% compared to February 2016.
On-Highway
FTR Reports Class 8 Orders Still Steady in March
FTR Transportation Intelligence
FTR reports Class 8 March orders were slightly above expectations, and orders are expected to stay at the current level through May.
Telematics
Volvo Trucks Boosts Uptime Support for Legacy Vehicles Through Geotab Partnership
Volvo Trucks North America
Volvo Trucks and partner Geotab are enabling customers who own vehicles with an EPA 2010 or newer Volvo engine to access the same suite of uptime services as those who own newer model trucks.
Mining
Komatsu Completes Acquisition of Joy Global to Expand Mining Business
Komatsu America Corp.
As part of the completed acquisition, Joy Global Inc. will be renamed Komatsu Mining Corp., and its headquarters will remain in Milwaukee, WI.
On-Highway
Scania Introducing Apple CarPlay in Heavy-Duty Trucks
Scania AB
Scania is including Apple CarPlay in its new truck generation's infotainment system to enable smart, safe use of iPhone's while operating the vehicle.
Proximity Detection & Safety Systems
NTEA Releases Test Manual and Kit to Aid Compliance with FMVSS Field of View Requirements
NTEA – The Work Truck Association
NTEA's manual and kit help equipment manufacturers and upfitters understand the rules for properly locating a rearview cameral to comply with the rear visibility portion of the new FMVSS 111 regulation.
Agriculture
Global Agricultural Equipment Market to Reach $131.6 Billion by 2024
Persistence Market Research has released new report indicating the global agricultural equipment market will reach $131.6 billion by 2024, but will do so at a sluggish pace.
Construction
Volvo EC300E Amphibious Excavator Aids Restoration of Island Habitat in Chesapeake Bay
A modified Volvo EC300E excavator replaces the standard crawler tracks with custom flotation pads to operate over soft soils during restoration work of the Chesapeake Bay.
On-Highway
Scania Strengthens Digitalisation Area
Scania AB
Scania has named Mikael Cato as Chief Digital Officer in which he will be responsible for developing, accelerating and coordinating the company's digital transformation.
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