A record-setting level of optimism was reported in Wells Fargo’s annual construction industry forecast. John Crum, national sales manager of the Construction Group at Wells Fargo Equipment Finance analyzes the data, explains why equipment rental has been on the rise and what challenges and opportunities lie ahead. ... read more

2018

Deere reported Q2 net income of $1.2 billion compared to $808.5 million in Q2/17. In its outlook, Deere said equipment sales are projected to increase by about 30% for fiscal 2018. read more

MAY 21, 2018 - 7:16 am

The top 20 lenders in the segment, in the aggregate, completed a total of 5,685 new construction equipment related filings during the month of March 2018. read more

MAY 1, 2018 - 7:17 am

The construction equipment rental market is expected to cross $140 billion by 2024, according to a report from Global Market Insights. read more

APR 26, 2018 - 1:11 pm

Caterpillar reported Q1/18 sales and revenues were up 31% compared to Q1/17. In its outlook, Caterpillar said it expects higher demand with the biggest drivers in North America and China. read more

APR 25, 2018 - 6:50 am

The top 20 lenders in the segment, in the aggregate, completed a total of 6,507 new construction equipment related filings during the month of February 2018. read more

MAR 30, 2018 - 7:30 am

According to the latest equipment report from Rouse Services, the preliminary indications for 2018 are showing a continuation of the positive trends observed throughout most of 2017. read more

MAR 2, 2018 - 6:30 am

Statistical data for the construction equipment market provided by EDA showed the top 20 lenders in the segment completed a total of 4,642 new filings during the month of December 2017. read more

FEB 1, 2018 - 7:27 am

In a new report, BCC Research estimates that the global construction equipment manufacturing market will reach $181.6 billion and $230.9 billion in 2016 and 2020, respectively, indicating a compound annual growth rate (CAGR) of 6.2%. read more

JAN 4, 2018 - 6:52 am

Statistical data for the construction equipment market provided by EDA showed the top 20 lenders in the segment completed a total of 5,954 new filings during the month of November 2017. read more

DEC 21, 2017 - 7:07 am

Christian Klein takes a look at events in the Capitol that have affected equipment demand this year, including regulatory reform. Although federal appropriations, the president’s infrastructure plan and tax reform are currently in limbo, he expects demand in 2018 to stay at current levels no matter what happens on the Hill.... read more

November/December 2017

Three different pieces of equipment from JCB were name to Construction Equipment magazine’s 2017 Top 100 New Products Awards. read more

DEC 15, 2017 - 7:34 am

Caterpillar reported worldwide retail machine sales were up 19% for the rolling three-month period ending in October, up from 13% for the previous three-month period. read more

NOV 22, 2017 - 7:00 am

Statistical data for the construction equipment market provided by EDA showed the top 20 lenders in the segment filed financing statements covering 3,509 pieces of new construction equipment in the month of August 2017. read more

SEP 8, 2017 - 6:27 am

According to a new report sponsored by PwC, global construction volume output will grow by 85% to $15.5 trillion worldwide by 2030. read more

AUG 31, 2017 - 7:15 am