Tag: equipment dealer: Page 69

Dealers

Protecting aerial lift residual values, Genie intros Certified Pre-Owned program

Forecasting a significant increase in used aerial lifts coming to the market, Genie has introduced two programs designed to maintain higher used residual values for Genie machines. “The replacement cycle for aerial lifts is starting to come back again,” says Mitch Ely, Terex Aerial Work Platforms director of customer satisfaction and reconditioning. “Since we accept […]

March 7, 2018

Dealers

Equipment dealer webinars to address Google search rankings, marketing, advertising

The Equipment Dealers Association (EDA) and digital marketing firm Team SI will soon offer EDA members three free webinars on digital marketing and storytelling topics. Here are the offerings: March 27, 2018: The Basics of SEO and Directories May 29, 2018: Content Marketing 101: Tell Your Story July 24, 2018: Programmatic Advertising and Why it Matters […]

March 6, 2018

Construction Equipment

Deere sales up 23% in Q1 with 57% jump in construction equipment; tax reform has early negative impact

Due to the passing of December’s U.S. tax reform bill, John Deere reports that it posted a loss of $535.1 million during its first quarter, which ended January 28. Without changes brought on by the tax reform bill, Deere says the quarter would have brought income of $430 million on sales $6.9 billion. However, Deere […]

March 5, 2018

Dealers

Equipment Roundup: Toro unveils Dingo CUL with extendable arms; 800-hp Yenko Silverado; How to adjust CTL track tension; Ritchie Bros. Orlando photo tour; Cat signs with AT&T LTE network

Cat signs on AT&T LTE network for telematics, machine connectivity Caterpillar and AT&T have signed an agreement that will provide the former’s heavy equipment with LTE connectivity. Announced at the Mobile World Congress in Barcelona, Spain, Cat and AT&T have entered a multi-year deal that will allow Cat machines in 155 countries to network and […]

March 5, 2018

Dealers

Business Roundup: Cat to close Waco plant; Construction execs predict ‘best year ever’; Herc Rentals revenue up 16%; Kubota adds Mo.’s Farm Shop; Yancey Bros. to carry Thunder Creek; AEM names Kubota’s Stucke treasurer

Kubota’s Stucke elected 2018 treasurer for AEM Todd Stucke, senior vice president of marketing, product support, and strategic projects for Kubota Tractor Corporation, has been elected 2018 Treasurer of the Association of Equipment Manufacturers (AEM). Stucke has served on the AEM board since 2014. He’s an industry veteran with more than 25 years of experience. […]

March 5, 2018

Dealers

Biggest show floor in 20 years at well-attended Rental Show in New Orleans

Optimism was high at The Rental Show in New Orleans, with the largest floor the show has had in two decades and the best attendance since before the recession. All signs point up for a positive forecast for steady growth in equipment rental revenue, and that was reflected on a busy trade show floor during […]

March 5, 2018

Dealers

Herc Rentals sees 16% jump in equipment revenue in 4Q

Reflecting double-digit growth across all regions, Herc Holdings is reporting a 16.2-percent jump in equipment rental revenue for the fourth quarter of 2017, compared to FY16. Equipment rental revenue climbed to $414.5 million in the fourth quarter of 2017 – up from $356.7 million. Total revenues were $491.7 million in the fourth quarter of 2017, […]

March 2, 2018

Dealers

Signing up with Kubota, The Farm Shop of MO takes first step to serve contractors, too

At The Farm Shop in Edina, Missouri, co-owner Alan Dixson was waiting Friday for his first Kubota sign to arrive so he could put it up. But the word was out in these parts of Northeast Missouri, and customers were already stopping by the store to price the first wave of Kubota machines at The […]

March 1, 2018

Dealers

Construction execs predict 2018 could be ‘best year ever’; most dealers expect equipment sales to increase

New survey’s key insights: Net profits — The industry is feeling increasingly positive about net profits. A whopping 92 percent of respondents said their net profits will remain the same or increase over 2017. Equipment sales —Distributors feel upbeat about the market and expect to see increases in new and used equipment sales. Equipment rentals […]

February 28, 2018

Dealers

Yancey Bros. to carry Thunder Creek products in Ga.

Thunder Creek equipment, makers of fuel, diesel exhaust fluid (DEF) and service products, has signed on Yancey Bros. as a distributor in Georgia. Yancey, the nation’s oldest Caterpillar dealer, will sell and service Thunder Creek’s full line of products, including its Multi-Tank Trailers (MTTs) and Service and Lube Trailers (SLTs). “We are excited to partner […]

February 28, 2018

Dealers

Komatsu America to acquire East Coast dealer Pine Bush Equipment

Komatsu America, through its subsidiary F and M Equipment, has signed a purchase agreement with PBE Group, which consists of Pine Bush Equipment Co. Inc. and East PBE Inc. The Boniface family launched the Pine Bush Equipment Company in 1956 and will continue with the new operating company, providing continuity and support, according to a […]

February 27, 2018

Dealers

Ritchie Bros.’ record-breaking $278M Orlando auction wasn’t just bigger—it offered a whole new virtual experience

As the number of lots to be put up for auction at Ritchie Bros. 2018 Orlando auction kept rising higher and higher, company leadership grew cautiously optimistic that this could be the year they break the huge annual event’s sales record set in 2012 of just more than $200 million. “As late as quarter four […]

February 26, 2018