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Trends: Page 265
Trends
Volvo Group Recommends Sustainable Transport Options to UN Secretary-General
Volvo Group Global
Volvo CEO Martin Lundstedt provided a report with 10 recommendations which include a call for more international development funding, supportive legislation and incentives to promote new technologies.
Engineering & Manufacturing
Shovels or Draglines for Overburden Removal?
Historical Construction Equipment Association (HCEA)
Engineering & Manufacturing
Volvo Co-Hosts Sustainable Infrastructure and Connectivity Summit
Volvo Group Global
The summit featured various experts, academics and business leaders, such as Volvo Group, discussing ways to promote sustainable infrastructure construction and connectivity.
Automated Systems
MAN Testing Driverless Vehicles for Road Working Applications
MAN Truck & Bus AG
To help increase safety for workers, MAN is testing the use of driverless safety vehicles which follow machinery during roadwork applications.
Engines
ZETOR Introduces PROXIMA Tractor Range
Zetor North America
ZETOR's new PROXIMA tractor range offers power outputs from 80-120 hp and includes a spacious operator cab with large rear mirrors for improved visibility.
Engineering & Manufacturing
CNH Brands Receive Agricultural Industry Awards
CNH Industrial
During CIAME in China, Case IH's Axial-Flow 4077 combine harvester and New Holland's FR9040 forage harvester received awards for their innovative designs.
Engineering & Manufacturing
Terex Names New President of Cranes Segment
Terex Corporation
Terex has named Steve Filipov President of Terex Cranes, effective immediately.
Engineering & Manufacturing
IHI Corp. Transfering IHI Construction Machinery Shares to Kato Works Ltd.
IHI is transferring all shares of IHI Construction Machinery to Kato Works in an effort to strengthen that subsidiary's competitiveness within the marketplace.
Engineering & Manufacturing
Caterpillar Mourns Passing of Former Chairman and CEO
Caterpillar Inc.
Caterpillar has released a statement in memory of Glen Barton, former Chairman and CEO, who passed away on October 24.
Market Analysis
PACCAR Reports Strong Third Quarter Revenues, Increased Truck Market Share
PACCAR Inc.
PACCAR reports earnings of $346.2 million for the third quarter and increased market share of its DAF, Kenworth and Freightliner brands in major markets including Europe and North America.
Market Analysis
Volvo CE Sales Dip 2% in Third Quarter
Volvo Construction Equipment
Volvo CE reports European order intake increased 17% in the third quarter, but did not offset continued weakness in other markets, dropping overall sales 2% during the quarter.
Market Analysis
Caterpillar Third Quarter Sales Down 16%
Caterpillar Inc.
Caterpillar reports lower third quarter sales and revenues due to continued weakness in various global markets, and expects 2017 sales will be similar to 2016.
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