Industry News: Page 67

Meritor Supplying Drivetrains for Mack Heavy Dump Truck

Several Meritor Defense products will be supplied for use in the M917A3 HDT including the ProTec 5000 Series beam axles which are engineered to military specifications.

Meritor will supply several drivetrain components for use on the Mack Heavy Dump Truck for the U.S. Army.

OEM Industry News Briefs: Terex Introducing New Stage V Articulated Haulers

Terex is set to showcase its new Stage V articulated haulers at Hillhead Digital, New Flyer has introduced a new battery-electric bus, and more industry news you may have missed.

Terex has upgraded its TA300 and TA400 articulated haulers with Stage V engines.

New California Mobility Center to aid Development of Future Transportation Innovations

The new California Mobility Center will connect innovators with industry leaders who can collaborate and help accelerate technology developments to reduce time to market.

DANNAR is developing zero-emissions off-road equipment and working with the CMC to accelerate its technology.

What Does the $1.9 Trillion COVID Relief Package Hold for Infrastructure?

The American Rescue Plan signed in to law by President Biden includes $10 billion in new funding for infrastructure projects.

An increase in infrastructure projects would help lead to more equipment demand for manufacturers.

U.S. Farm Tractor Sales Rose 41.1% in February 2021

Association of Equipment Manufacturers (AEM)

AEM reports U.S. and Canadian tractor sales continued their growth pattern in February.

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Keestrack Enters Agriculture Equipment Market by Acquiring Goldoni

The acquisition will enable Keestrack to enter a new market segment and further grow in the construction market.

A Goldoni tractor feeding the Keestrack K3 scalper.

European Construction Equipment Sales Declined 6.4% in 2020

CECE - Committee for European Construction Equipment

CECE reports strong sales of compact equipment and increased demand in the fourth quarter helped prevent a further decline in 2020.

European construction equipment sales are expected to be up 5% in 2021.

OEM Industry News Briefs: Volvo CE Electric Wheel Loader Aids Snow and Ice Removal

A Volvo CE customer in Germany proved its electric wheel loader can perform in tough winter conditions, DEUTZ opens a new Power Center and more news highlights from the past week.

The zero emissions L25 Electric plays a key role in Cologne's winter service provision.

Market Analysis

Construction Sector Recovery will aid Mobile Crane Market Growth

Sales of mobile cranes will be dependent upon recovery of the global construction market which is looking positive in the long term.

Recovery in the global construction industry will improved sales of mobile cranes.

Taking a New Approach to Industry Events in the Age of COVID

While several events related to the heavy equipment and engineering industries have been postponed due safety concerns related to COVID-19, others are now being held virtually.

Industry events provide an opportunity to see and learn about the latest industry trends.

CNH Industrial Invests in Electric, Autonomous Tractor Company

The partnership with Monarch Tractor will aid CNH's developments in electrification, automation and other advanced technologies for off-road equipment.

Monarch Tractor

German Construction Equipment Sales Decline 7% in 2020

VDMA Agricultural Machinery Association

VDMA reports compact equipment sales declined only 3% while large equipment sales were down 18%.

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