The global heavy construction equipment market is expected to reach $90.4 billion by 2025 at a CAGR of 5.4%, according to a report by Grand View Research.  read more

JAN 22, 2018 - 7:14 am

According to a report from Research and Markets, the global equipment rental market will grow at a CAGR of 3.26% from 2017 to 2021. read more

JAN 15, 2018 - 12:40 pm

According to a report from Research and Markets, the global rigid dump truck market will grow at a CAGR of 4.19% from 2017 to 2021. read more

DEC 28, 2017 - 7:05 am

Growing at a compound annual growth rate of 21.3%, the active installed base of active construction equipment OEM telematics systems is estimated to reach 4.6 million units worldwide in 2021. read more

DEC 21, 2017 - 6:05 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

Ritchie Bros. sold more than 6,800 equipment items and trucks for C$94 million ($73 million) during its Edmonton, AB auction from October 24 – October 27. read more

OCT 30, 2017 - 7:05 am

In its third quarter earnings report, Caterpillar raised its full-year forecast, marking the third time it has done that this year. read more

OCT 25, 2017 - 6:50 am

According to ConstructionEquipment.com, Caterpillar will enter the utility vehicle market through a collaboration with Textron Specialized Vehicles. read more

OCT 17, 2017 - 6:59 am

Caterpillar reported an 11% increase in worldwide total machine retail sales in August 2017. Sales were up 12% in July and 7% in June. All four regions registered increases in total sales, with Asia/Pacific leading the way at 44%. North America rose only slightly (1%). read more

SEP 22, 2017 - 6:47 am

Toromont Industries has acquired Hewitt Equipment, an authorized Caterpillar dealer for the province of Quebec, Western Labrador and the Maritimes, as well as the Caterpillar lift truck dealer for most of Quebec. read more

AUG 29, 2017 - 6:33 am

Caterpillar's retail sales of machines continued to climb for the three-month period ending July 2017 with a worldwide increase of 12% compared to the same period in 2016. read more

AUG 22, 2017 - 7:49 am

The global tracked excavators market is forecast to grow at a CAGR of 3.03% during the period 2017-2021 according to a Research and Markets report. read more

AUG 21, 2017 - 6:55 am

Brad Halverson, group president and chief financial officer for Caterpillar, will retire in early 2018. read more

AUG 1, 2017 - 7:37 am

Analysts forecast the global mining truck market to grow at a CAGR of 5.90% during the period 2017-2021 according to the Global Mining Truck Market 2017-2021 report by Research and Markets. read more

AUG 1, 2017 - 6:49 am

Cat Financial reported Q2/17 profit was up 12% compared to the same quarter in 2016. Retail new business volume was $2.69 billion, down 12% or $367 million compared to the same year-ago quarter. read more

JUL 26, 2017 - 6:41 am