Equipment World Staff (EQW)HomeHouse passes 90-day transportation extension, motion for conference could come todayThe U.S. House of Representatives passed a 90-day extension of the surface transportation program (from June 30 to Sept. 30) at current funding levels by a vote of 293 to127 on April 18, setting the table for a conference with the Senate on a multi-year surface transportation reauthorization bill, according to an eDigest & Washington […]April 25, 2012BusinessCat Financial reports $668 million in Q1 2012 resultsCat Financial reported first-quarter 2012 revenues of $668 million, an increase of $28 million, or 4 percent, compared with the first quarter of 2011. First-quarter profit after tax was $120 million, a $37 million, or 45 percent, increase from the first quarter of 2011. The increase in revenues was principally due to a $47 million […]April 25, 2012SafetyMica makes committee staff appointmentsTransportation and Infrastructure Committee Chairman John L. Mica (R-Fla.) has made two staff appointments, including the promotion of Jennifer Hall to General Counsel of the Full Committee. Hall joins the Full Committee staff after serving as counsel for the Subcommittee on Highways and Transit since May 2008. She first joined the Committee staff in 2006 […]April 25, 2012Construction EquipmentIntermat touts record attendanceIntermat show producer Comexposium called last week’s construction equipment show in Paris “the best ever,” touting 1,350 exhibitors, and more than 200,000 visitors, including 145,082 identified trade visitors (up 15.8% from 2009). “The total value of the equipment on offer over the six days was estimated at $2 billion, some 5% of which translated into […]April 25, 2012WorkforceCat delivers record quarter per-share profitCaterpillar says growth in mining, strong replacement demand for products in the United States and a continued focus on cost management helped it deliver record quarterly profit per share of $2.37 in the first quarter of 2012. This represents an increase of 29 percent from first-quarter 2011 profit per share. First-quarter 2012 sales and revenues […]April 25, 2012HomeSteel imports up 7% in March, import market share 23%Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reports that the U.S. imported a total of 2,899,000 net tons (NT) of steel in March, including 2,163,000 NT of finished steel (up 7 percent and 4 percent, respectively, from February final data). Annualized total and finished steel imports in 2011 would […]April 24, 2012HomeLiuGong promotes Terry Ober to eastern regional sales managerLiuGong Construction Machinery has promoted Terry Ober to eastern regional sales manager. Ober will be responsible for spearheading LiuGong’s dealer recruitment and training efforts and for the sales support of existing LiuGong dealers in the states east of and including Michigan, Indiana, Kentucky, Tennessee, Alabama and Florida, as well as Ontario, Canada.April 24, 2012GearJCB announces 2011 financial resultsJCB has announced the company’s record financial results for 2011. Turnover last year rose to the highest level in the company’s 66-year history at $4.39 billion, 37 percent greater than the $3.19 billion acquired in 2010 and more than double the $2.15 billion sales recorded in 2009. Earnings before interest, tax, depreciation and amortization reached […]April 24, 2012HomeFHWA awards $2.5 million for 2012 National Summer Transportation InstituteU.S. Transportation Secretary Ray LaHood awarded $2,487,791 to the National Summer Transportation Institute, a Federal Highway Administration (FHWA) program to promote interest in educational and career opportunities in transportation among middle and high school students. The funds will support 53 two- to four-week sessions in 37 states and Washington, D.C., this summer.April 24, 2012SafetyIdaho, Alaska legislatures ban handheld texting while drivingWhile truckers nationwide already are prohibited from texting while driving, Idaho has become the 37th state to bar all motorists from doing so, and similar legislation awaits Alaska Gov. Sean Parnell’s signature. On April 5, Idaho Gov. Butch Otter signed the bill that institutes an $85 fine against violators beginning July 1. Parnell received the […]April 23, 2012Previous PagePage 100 of 591Next PageTop StoriesGraders/ScrapersCaterpillar Adds Joystick Option for Next-Generation 140 Motor GraderJoystick or lever? We break down the pros and cons. The 140 also gets a new nine-speed transmission, enhanced visibility and upgraded tech.Construction EquipmentCaterpillar Previews 5 Autonomous Equipment Lines at CES (Video)Compact TractorsCloser Look: Kubota’s New Grand L70 Tractors Completely Redesigned After 12 YearsTechnologyA UTV from Toyota? – “Scion 01 Concept” Hybrid Side-by-Side UnveiledPickups2026 Ford F-150 Revealed: Choice of 8 Trims, 5 Engines Including Hybrid, V8
