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Market Analysis: Page 111
Trends
Pettibone Adds T1056X Telehandler to Traverse Lineup
Pettibone LLC Heavy Equipment Group
The T1056X has a specified lift height of 56 ft., 6 in. and identical landing height due to inclusion of a horizontal sliding boom.
Trends
Caterpillar Signs Agreement with Nouveau Monde to Develop Zero-Emissions Mining Equipment
Caterpillar Inc.
Caterpillar will collaborate with Nouveau Monde’s team throughout the development and testing of the zero-emissions fleet.
Engine Oil
Heavy-Duty Engine Oils are Taking on a Broader Role
The Lubrizol Corp.
Lubrizol says expectations for engine oils continue to evolve with changing emissions regulations and OEM requirements.
Manufacturing
Supply Challenges Continue to Impact Metalformers’ Outlook
Precision Metalforming Association (PMA)
PMA's June 2021 Business Conditions report shows 66% of metalformers are experiencing increased lead times which is impacting their businesses.
Market Analysis
U.S. and EU Reach Trade Deal
The U.S. and EU have agreed to suspend tariffs for 5 years, though those imposed on steel and aluminum are still being negotiated.
Trends
New Cat 2.7- to 3.5-Ton Mini Hydraulic Excavators Lower Cost, Increase Efficiency
Caterpillar Inc.
Built on the Next Generation platform, each new model features exclusive stick steer, cruise control, operator adjustable settings, and tilt-up canopy or cab as standard.
Trends
Oshkosh Airport Products and Pierce Manufacturing Introduce Electric Vehicle Platform
Oshkosh Corporation
The Volterra platform of electric vehicles for the fire and emergency market features an Oshkosh patented hybrid-electric drivetrain enabling zero-emissions operation.
Industry News
Weekly New Products Roundup: Allison Transmission Launches the FracTran Hydraulic Fracturing Transmission
The FracTran includes high reliability with a service life up to 25,000 hours, and is designed to meet the unique performance demands of hydraulic facturing customers.
Smart Systems
Doosan Crawler Excavators to Come Factory-Installed with Trimble Machine Control Technology
Doosan Corporation
Trimble Earthworks Grade Control Platform for Excavators will be an optional factory-installed machine control solution for the North American market.
Drivetrains
Exro Partners with Linamar to Develop Electric Drive Solution
Linamar and Exro have agreed to develop an advanced eAxle utilizing Exro's Coil Driver technology to help improve the cost and performance of the axle in electric vehicles.
Trends
CNH Industrial and Nikola Corp. Partnership for Zero-Emissions Transport
CNH Industrial
CNH Industrial provides a behind-the-scenes look at its collaboration with Nikola Corp. to develop and produce electric and hydrogen powered heavy-duty trucks.
Mining
Caterpillar Launching New Technology and Equipment at MINExpo 2021
Caterpillar Inc.
Among the products exhibited will be the new Cat R1700 XE LHD featuring 100% battery electric propulsion and Cat MineStar Edge mine management technology.
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