Tag: equipment: Page 336

Construction Equipment

Caterpillar discontinues on-highway vocational truck line, will exit business immediately

Less than a year after announcing plans to more fully commit to the business by building its own trucks, Caterpillar this morning announced it will scrap its on-highway vocational truck lineup entirely. Cat will cease taking orders for the CT660, CT680 and CT681 work trucks immediately but will continue to offer customer support for trucks […]

February 26, 2016

Construction Equipment

Backhoe joyride sparks police chase, causes thousands in damage to Florida bridge

A man was arrested last week after he allegedly drove a backhoe off of a Florida Keys construction site and led police on a low-speed chase, doing thousands of dollars in damage to a bridge in the process. According to a release from the Monroe County Sheriff’s Office, 59-year-old Carl Blahnik’s backhoe joyride began with him using the […]

February 25, 2016

Business

John Deere sales continue to fall as profit is cut by 40% in 1Q

John Deere saw sales decline and a sharp cut in profit for the first quarter, and in response the company has adjusted downward its outlook for the full fiscal year. Deere reported 1Q sales of $5.5 billion, down 13 percent from the same period last year. Profit fell 40 percent to $254.4 million. The global farming […]

February 25, 2016

Construction Equipment

Ford’s F-150 diesel prototype spied driving in the wild

Nothing screams hello in traffic like a new aluminum F-150 with black polka dots. Especially one that sounds like a diesel. After seeing a few photos of a similar diesel-toting prototype back in December, a recently released video, first seen on Car and Driver, features an Ford F-150 moving through traffic in Detroit making some interesting […]

February 24, 2016

Business

Another Caterpillar VP retires with company’s consolidation of Electric, Marine power divisions

Caterpillar announced today the retirement of another vice president as the company continues implementing changes associated with its sweeping cost reduction plan. Electric Power Division VP Steve Niehaus has “elected to retire,” according to a Cat release, following a 27-year career with the company. He served as VP of the Electric Power Division for the […]

February 24, 2016

Construction Equipment

GM recalls 2015 Chevrolet Colorado, GMC Canyon trucks over steering defect

General Motors has issued a recall on certain 2015 Chevrolet Colorado and GMC Canyon midsize pickups. According to the National Highway Traffic Safety Administration, nearly 3,000 pickups are at risk of a loss of power steering assist due to a poor electrical connection within the steering gear connector. The affected Colorado trucks were manufactured between Jan. […]

February 23, 2016

Business

Ritchie Bros. buys online equipment listing service Mascus

Heavy equipment auctioneer Ritchie Bros. has acquired online equipment listing service Mascus in an all-cash deal. Ritchie Bros. says it has paid €24.0 million ($26.6 million) for 100 percent equity in Mascus and will pay up to €3.4 million ($3.8 million) more should certain performance targets be met by Mascus over the next three years. Mascus will continue […]

February 23, 2016

Construction Equipment

Parking garage collapses atop excavator during demolition

A demolition crew in the final stages of a job in Houston watched in horror as it came to crashing halt. According to a report from KHOU TV, a parking garage being torn down along Highway 59 suddenly collapsed Feb. 9 as two excavators worked in close proximity. As you can see in the video below […]

February 18, 2016

Construction Equipment

Caterpillar intros 4 new F Series excavators to round out versatile machine lineup

Caterpillar today introduced four new F Series machines, completing its family of 11- to 90-ton tracked excavators. The new machines include the 313F (which will complement the 313F GC introduced last year), the compact radius 315F, the 316F and 318F. 313F Caterpillar says the primary difference between the new standard F 313 and the GC […]

February 17, 2016

Construction Equipment

China’s Zoomlion confirms offer to woo Terex away from Konecranes merger

Chinese equipment manufacturer Zoomlion has officially confirmed an offer made to Terex to buy the company, despite Terex’s plans to merge with Finnish manufacturer Konecranes. Zoomlion announced Tuesday that on Dec. 4 it offered to buy Terex for $30 per share in cash. At the time of the offer, it represented a 41 percent premium […]

February 17, 2016

Construction Equipment

Chevrolet intros 2016 Silverado Realtree Edition: a Z71 model with camo racing stripes

While it’s a bit more reserved than the Realtree Bone Collector concept we saw at SEMA last year, Chevrolet has unveiled a special edition Silverado with camouflage accents that will actually hit dealerships in the spring. The 2016 Silverado Realtree package will be available on Silverado 1500 LTZ crew cab models. Realtree designer and president […]

February 16, 2016

Construction Equipment

Doosan’s new DL220-5 wheel loader does not require a DPF

Doosan’s new DL220-5 3-cubic-yard wheel loader, driven by a powershift transmission, has three selectable transmission modes. A vehicle control unit on the fully automatic transmission makes sure the engine computer and transmission control systems are in constant communication with each other, leading to reduced fuel consumption. Replacing the dash-3 model, the DL220-5 has a 160-horsepower […]

February 15, 2016