The global construction equipment market is expected to reach $240.97 billion by 2020, registering a compound annual growth rate of 8.9% over the next five years. read more

JUL 6, 2015 - 6:58 am

Caterpillar reported overall global machinery sales were down 12% for the three-month rolling period ended May 2015 following declines of 11% and 12% for the same periods ended in April and March, respectively. read more

JUN 23, 2015 - 6:30 am

Caterpillar reported global total machine sales for the three month period ended in April were down 11% from the same period one year ago. read more

MAY 22, 2015 - 7:25 am

According to AED, exports of U.S.-made construction equipment ended 2014 with a 13.2% drop compared to 2013, with a total $17.3 billion shipped to global markets. read more

MAR 9, 2015 - 7:10 am

Construction contractors and equipment distributors have continued optimism about construction activity in 2015, according to a survey from Wells Fargo Equipment Finance. read more

FEB 26, 2015 - 7:12 am

Caterpillar said its worldwide retail sales of machinery for the three-month rolling period ended December 2014 fell 12% compared to the same period in 2013. Machinery sales in North America remained “unchanged” from the 5% improvement reported a month earlier. read more

JAN 27, 2015 - 6:35 am

Deere & Company reported fiscal Q4 and full-year 2014 revenues and net income were down from the same periods in 2013. The company noted in its outlook that sales and earnings will continue to slide in 2015 as a result of weaker conditions in the global farm economy. read more

DEC 2, 2014 - 7:15 am

Caterpillar reported that world-wide machinery sales were down 9% for the three-month rolling period ended October compared to same prior year period. North American machinery sales were up 8% compared to the same period one-year ago. read more

NOV 21, 2014 - 7:10 am

Ritchie Bros. announced it sold more than $56 million of heavy equipment and trucks at its last public auction of 2014. read more

NOV 17, 2014 - 7:44 am

MarketsandMarkets reported the construction equipment market will reach $125.4 billion and the mining equipment market will reach $134.7 billion by 2019. read more

NOV 12, 2014 - 6:48 am

According to the September National Association of Home Buulders/Wells Fargo Market Index, builder confidence in the market for newly built, single family homes rose for the fourth consecutive month to its highest level since November 2005. read more

SEP 25, 2014 - 7:11 am

Caterpillar reported its worldwide retail sales of machinery for the three-month rolling period ended in August were down 10%. North American retail sales, however, were up 8%, following gains of 11% and 14% for July and June, respectively. read more

SEP 22, 2014 - 11:07 am

According to Wells Fargo Equipment Finance’s 2014 Construction Industry Forecast, construction contractors and equipment distributors’ optimism brought the Optimism Quotient to a record high of 124, 18 points up from 2013. read more

FEB 26, 2014 - 7:11 am