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Trends: Page 308
Engineering & Manufacturing
AGCO Teams with iMaps to Implement Business Intelligence and Visualization Software
AGCO Corporation
AGCO's use of iMaps QlikView will enable it to integrate and analyze vehicle data and activity which can be used to better predict and service customer needs.
Engines
Cummins Reports 9% Decrease in First Quarter Revenue
Cummins Inc.
Cummins' first quarter revenue decreased 10% in North America and 8% in international markets due to weaker demand from the heavy-duty truck and off-highway equipment markets.
Engines
John Deere Introduces Tier 4 Final 710L Backhoe Loader with 13% more Horsepower
John Deere Worldwide Construction & Forestry Div.
The new John Deere 710L backhoe loader provides 13% more net peak horsepower than the previous model and features a sealed-switch module for a 10% craning boost when using the Lift Mode feature.
Automated Systems
Volvo Demonstrating Autonomous Vehicle Technology for Mining
Volvo Group Global
The Volvo Group is set to demonstrate its self-driving truck which is part of a fully autonomous transport system, capable of operating above and underground in mining applications.
bauma
Genie Introduces Compact GTH-3007 Telehandler
Terex Corporation
The new Genie GTH-3007 compact telehandler features a lighter weight than previous models while still offering a high lift capacity of 3,000 kg and vertical reach capacity of 2,500 kg.
Market Analysis
Caterpillar Sales and Revenues Down in First Quarter 2016
Caterpillar Inc.
Caterpillar's sales and revenues were down from the first quarter of 2015 due to continued market downturns in construction, oil and gas, mining and rail.
Telematics
Off-Highway Vehicle Telematics Market Anticipated to Expand 8.9% Through 2026
Future Market Insights has released a new report which shows the telematics market for off-highway vehicles is expected to grow at a CAGR of 8.9% due to continued adoption in several applications.
Engineering & Manufacturing
Terex Acquires Terminal Tractor Product Line from CVS Ferrari
Terex Corporation
Through the acquisition, Terex will have a complete line of port solutions to offer its customers.
Drivetrains
New Wacker Neuson Telehandlers Include Three Steering Options for Greater Versatility
Wacker Neuson
Wacker Neuson's new TH627 telehandlers include front axle steering, all-wheel steering and crab steering options to provide operators with the solution which best fits their application needs.
Market Analysis
Saudi Arabia Construction Equipment Rental Market to Grow Over 10%
TechSci Research
A new report from TechSci Research indicates that as investment in infrastructure grows, Saudi Arabia's rental market will grow at a CAGR of 10.24% from 2016-2021.
Engineering & Manufacturing
BAE Systems Awarded Contract to Convert M88 Vehicles for U.S. Army
BAE Systems
The contract calls for BAE Systems to covert 36 vehicles to the M88A2 HERCULES configuration which provides recovery support to soldiers in the field.
Engineering & Manufacturing
Nine Companies Join Pilot Program for Implementation of ISO 50001 Energy Management Standard
The United States Department of Energy (DOE)
Through the pilot program, companies will integrate energy management systems according to the ISO 50001 standard into their business to reduce energy consumption and emissions.
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