Tag: dealers: Page 18

Dealers

Business Roundup: Construction spending down; Hitachi buys Sullair; Acosta confirmed as Labor Sec.; Volvo CE, United Rentals Q1 earnings

Construction spending falls 0.2% in March Gains in residential construction spending during March were offset by an identical loss in nonresidential as total construction spending in the U.S. fell 0.2 percent. Total spending fell to $1.2 trillion, but remains 3.6 percent above the March 2016 figure, according to preliminary data from the Commerce Department. Private […]

May 9, 2017

Dealers

RDO Equipment partners with iVolve on mining equipment fleet management

RDO Equipment has joined the iVolve partner program as a national distributor for the U.S mining market providing the latter’s fleet management systems for mining equipment customers. “iVolve is excited to work with RDO Equipment Co., extending their current product offerings to include full fleet management,” says iVolve CEO Kim Parascos. “RDO Equipment Co.’s commitment […]

May 8, 2017

Dealers

Holt Cat donates $100,000 to SA Works for workforce development

Holt Cat’s philanthropy arm, Holt Foundation, has donated $100,000 to workforce development agency SA Works to help develop learning programs and other workforce initiatives in the San Antonio, Texas, area. In addition to these initiatives, SA Works partners with the San Antonio Economic Development Foundation to offer summer job programs, job shadowing, secondary education programs and […]

May 5, 2017

Dealers

Caterpillar awards 5-Star Certification to Cashman Equipment’s Cat Rental Store

Caterpillar has presented its 5-Star Certification Award to Cashman Equipment’s Cat Rental Store in recognition of “outstanding rental operations in heavy rentals and rental services.” Only 27 other Caterpillar dealerships across the world have received the certification for rental services. Cashman Equipment worked with Cat’s Global Rental Group in reviewing the dealership’s rental operations […]

May 4, 2017

Dealers

Mckinney Trailer Rentals launches digital inspection system

Trailer equipment rental and lease dealer Mckinney Trailer Rentals, Pico Rivera, California, has launched a digital inspection system for outbound and inbound inspections. The company is using Microsoft Surface tablets with 4G LTE connectivity to capture details at the time of inspection for a report that is then emailed to a customer with their notification […]

May 3, 2017

Dealers

Hitachi eyes North American distribution network with Sullair purchase

Hitachi is purchasing Sullair from Accudyne to pick up the company’s portable air compressor business and as a means of tapping into the brand’s sales network with a primary focus on the North American market. The announced purchase price is $1.245 billion. “We are thrilled by the prospect of partnering with Hitachi to grow Sullair […]

May 2, 2017

Dealers

Five dealer advantages from using auctions for trucks

More dealers are turning to auction companies as a way to relieve their used truck glut. While auctions typically net lower prices than the retail markets, auctions’ benefits can make up for the difference. The biggest advantage is speed. Instead of turnover measured in months with no sure sign of ending, the auction process is […]

May 2, 2017

Dealers

Equipment Roundup: Deere unveils futuristic backhoe; Philippi-Hagenbuch truck attachments; Cummins oil analysis for X15; Case CX245D excavator; New ARDCO AMTs

Rear eject bodies, concrete planer among Philippi-Hagenbuch’s 4 new truck attachments Philippi-Hagenbuch has released four new products to improve truck performance for dumping, hauling, concrete planing and carrying water. ♦  Rear Eject Bodies, which eliminate the need to raise the body of the truck to dump. ♦  Autogate Tailgates, which increase hauling capacity by as […]

May 2, 2017

Dealers

Business Roundup: Cat to move global HQ to Deerfield; Topcon adds Griner and Schmitz to dealer network; Cat sales up; Hino Trucks adds dealers to Certified Ultimate Network

Caterpillar will move global HQ to Deerfield, lll., beginning this year Nearly three months after announcing plans that the company would be moving its global headquarters from Peoria to Chicago, Caterpillar has actually settled on a location a bit further north. By mid-2018, the world’s no. 1 heavy equipment manufacturer plans to call the Chicago […]

May 2, 2017

Dealers

Takeuchi-US adds Penn Jersey Machinery to dealer network

Compact equipment manufacturer Takeuchi-US has added Penn Jersey Machinery to its North American dealer network to serve customers in the northern New Jersey area. “Penn Jersey is a known dealer in the marketplace and is a well-established business,” says Kim Robinson, director of sales at Takeuchi-US. “We look forward to a great partnership and expanding […]

May 1, 2017

Dealers

Volvo CE Q1 profit soars as net sales grow 30%

Volvo Construction Equipment reports first quarter 2017 net sales increased 30 percent compared to the same period last year, to 16.16 billion Swedish Krona (SEK) ($1.83 billion). First quarter 2016 net sales were 12.45 billion SEK ($1.41 billion). The company reports operating income increased nearly quadrupled to 1.62 billion SEK ($188.7 million) from 341 million […]

April 28, 2017

Dealers

United Rentals Q1 net income up 18.5%, total revenue grows 3.5%

United Rentals’ first quarter 2017 total revenue grew by 3.5 percent, to $1.36 billion, compared to the same quarter last year, with $1.17 billion coming from rental revenue. The company also saw net income grow by 18.5 percent to $109 million, or $1.27 per diluted share, over the same period. The adjusted earnings before interest, tax, […]

April 27, 2017