Equipment
ARA: Equipment rental revenue poised to continue growth in 2023 and beyond
The American Rental Association (ARA) forecasts that equipment rental revenue — which includes the construction and industrial as well as the general tool segments — will increase by 3.4% in 2023 to nearly $57.7 billion after growth of 11% in 2022 to reach almost $55.8 billion.
Biden asks Congress for $500 million to modernize underground oil reserves
(UC) — In a document submitted to Congress, the Biden administration has requested $500 million from Congress to modernize the U.S. strategic petroleum reserve, Reuters reported. When petroleum is taken out and replaced, the hollowed-out, underground salt caverns where the SPR oil is kept may shift and need repair. The facility's steel pumps and equipment are moreover continuously blasted with corrosive, damp, salty air.
Doosan Infracore introduces next-generation -7 series wheel excavators
(UC) — Doosan Infracore North America introduces its next-generation -7 Series wheel excavators: the Doosan DX140W-7, DX190W-7 and DX210W-7. Each machine is equipped with a balance of power and fuel efficiency to keep operators working productively. The -7 excavators replace the -5 models in the Doosan excavator lineup.
John Deere debuts new large sized P-tier excavator models
(UC) — John Deere has announced the addition of three new P-tier Excavator models to its line of large-size equipment. The 470 P-tier, 670 P-tier, and 870 P-tier models offer enhanced visibility features, making them an ideal solution for operators looking to increase productivity on the job.
Cat D1, D2 and D3 Dozers offer expanded operator assist, remote-control ready features
Cat® D1, D2 and D3 Next Generation Small Dozers now feature an improved suite of operator assist ease-of-use technologies geared to increasing machine performance, productivity and efficiency in the field.
CASE plans to introduce new E Series excavator lineup this month
The rollout features seven new models — including two entirely new excavators — focused on enhancing the total operator experience to deliver even greater productivity, operator satisfaction and operational efficiency.
John Deere unveils G-tier Compact Wheel Loader models
John Deere is building upon its line-up of compact equipment by expanding its performance tiering strategy with three new models of Compact Wheel Loaders.
Equipment Spotlight: Compact Excavators (under 25,000 pounds)
Bobcat, CASE, Caterpillar, Doosan Infracore North America, Hitachi, Hyundai and more.
ARA forecast remains bullish on equipment rental revenue growth despite headwinds
Today’s economic indicators are mixed and uncertain, but all continue to point toward significant growth for equipment rental revenue in the U.S. according to the latest quarterly update of the five-year forecast released by the American Rental Association.
CASE launches first-of-its-kind compact dozer loader CASE Minotaur DL550
Weighing in at more than 18,000 pounds and working with 114 horsepower, the new first-of-its-kind machine delivers true dozing and grading performance, as well as powerful site loading capabilities and compatibility with hundreds of attachments.
Ditch Witch acquires HydraWheel line of rock saws
Ditch Witch has acquired specific assets from River City Manufacturing Inc., including the HydraWheel design of rock saws, the company said on Monday.
AlexRenew unveils 380-ton tunnel boring machine in Virginia
A new 380-ton, 14 feet 8 inches tall tunnel boring machine (TBM) named Hazel has been unveiled by AlexRenew, Alexandria’s wastewater authority, marking a significant milestone in its RiverRenew program to improve local waterways.
New Ditch Witch MT164 brings added flexibility to power and fiber-optic jobsites
Built to help power and fiber-optic contractors easily create a clean, narrow trench in one pass, the new Ditch Witch MT164 microtrencher attachment offers maximum compact cable installation performance.
Tornado Global Hydrovacs signs $43 million supply agreement with Ditch Witch
Tornado Global Hydrovacs Ltd. announced it has entered into a Product Supply and Development Agreement for the co-development and supply of customized hydrovac trucks with Ditch Witch, a division of The Toro Company.
ARA forecast calls for equipment rental revenue growth in North America to outpace inflation
Even with supply chain issues and labor shortages, U.S. equipment rental revenue, including both construction and general tool, is expected to grow by 11.1% to reach nearly $56 billion in 2022.
Spotlight—Linings
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Hitachi expands its wheel loader line
Hitachi Construction Machinery America Inc. (HCMA) continues to expand its ZW-6-wheel loaders in North America, with the upgrade of its popular compact model, ZW100-6.
United Rentals provides ways mobile applications improve worksite equipment management
United Rentals provides information on how mobile applications can improve worksite equipment management.
Volvo Construction Equipment names 2021 Dealer of the Year and Uptime Dealer of the Year
Volvo Construction Equipment has named Highway Equipment & Supply Co. its 2021 Dealer of the Year in North America. It also recognized Hoffman Equipment as its 2021 Uptime Dealer of the Year.
John Deere unveils new mid-sized excavators to product lineup
John Deere announces the newly enhanced 350 P-tier and 380 P-tier excavators to the manufacturer’s mid-size excavator lineup.
Caterpillar upgrades the CatD4 dozer
Caterpillar upgrades its CatD4 dozer with several new technology features and improved sightlines.
Yanmar Compact Equipment offers reliable compact wheel loaders
Yanmar Compact Equipment releases a line of compact wheel loaders designed for maximum efficiency and ease of operation.
Road Widener Brings Heightened Safety to Road Crews with Offset Vibratory Roller Attachment
Road Widener releases an Offset Vibratory Roller attachment that has several safety features to aid crewmembers with work tasks that traditionally put road crews in danger of rollover accidents.
CASE's first look of electric mini excavator
CASE Construction Equipment expanded its mini excavator line with an electric mini excavator that the company plans to release in 2023.
Volvo expands electric machines to Swiss market
Volvo Construction Equipment introduces its electric compact machines to Swiss customers.
Doosan Infracore North America releases its next-generation wheel loaders
Doosan Infracore North America releases its -7 Series in the U.S. and Canada with several upgrades including a variety of bucket capacities, redesigned cabs, and new axles.
Mastenbroek releases Magic Eye to minimize gravel waste
Mastenbroek has launched a new product to help contractors save money and improve the accuracy of backfill levels when installing drainage schemes or utilities.
United Rentals Shares Five Ways Telematics Improves Equipment Management
United Rentals provides ways telematics can improve equipment management.
Doosan Introduces its First Line of Dozers
Doosan introduces its first line of dozers for the 2022 equipment lineup.
Vermeer MV Solutions New Facility Officially Open
Vermeer MV Solutions has opened a new facility in South Carolina.
- Editor’s Log: Blame Game
- Biden asks Congress for $500 million to modernize underground oil reserves
- Michigan receives $500 million investment to rebuild water infrastructure
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- Ohio agrees to spend $85 million in effort to reduce sewage discharge into Lake Erie, Rocky River