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United Rentals, Inc.announced today that it has agreed to form a joint venture with Fluor Corporation's AMECO unit to offer comprehensive equipment and tool solutions for ongoing plant maintenance and turnaround activities initially supporting the oil and gas industry in the Gulf Coast region of the U.S.
The AMECO and...
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Albertans continue to buy more new vehicles per capita than most other Canadians and trucks remain their vehicles of choice.
The latest sales figures, released Friday by Statistics Canada, show the total number of new vehicles sold to Albertans in June up by more than the national average on a year-over-year...
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Heavy Equipment and Truck News » Truck & Equipment
Submitted by Andy Drew August 13, 2010 Hits: 47
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Submitted by Andy Drew August 13, 2010 Hits: 47
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Finning International Inc. (TSX:FTT) saw its share price drop nearly 4% Wednesday before announcing disappointing second quarter results after market close.
The world’s largest dealer of Caterpillar Inc. (NYSE:CAT) heavy equipment posted a $210.1 million loss in the quarter ending June 30, 2010, beating analyst estimates.
The heavy equipment distributor had...
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SORL Auto Parts said Thursday that its second-quarter earnings jumped 80 percent, helped by higher profits for parts in its heavy-duty truck segment.
The Chinese air brake and auto parts company reported net income of $5.38 million, or 28 cents per share, up from $2.99 million, or 16 cents per share,...
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Whether it's on your own or for a specific job offer, you need to move for your career. The idea can be exciting yet frightening and overwhelming at the same time.
What do you do first? How do you make sure you get everything done and ensure your move is as...
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Heavy Equipment and Truck News » Industry & Economy
Submitted by MegaMechanic August 12, 2010 Hits: 66
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Submitted by MegaMechanic August 12, 2010 Hits: 66
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The trucking industry has been facing a recession for nearly four years, as freight volumes began to decrease in 2006 and persisted through the downturn of the overall market. As gas prices escalated when oil was trading at $140/barrel and transportation demand pulled back, many trucking companies were forced into...
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MISSISSAUGA, ONTARIO, Aug 10, 2010 (MARKETWIRE via COMTEX) -- Summary (i)
-- Revenues of $69.6 million, down 9% from 2009
-- Administrative, distribution & selling expenses flat year over year
-- Gross margin 20.3% compared to 21.4% as a percent of revenue
-- EBITDA from continuing operations of $4.2...
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LAUREL — Four of the world’s largest oil companies recently announced the formation of a joint venture to create a rapid-response system designed to capture and contain up to 100,000 barrels of oil a day at water depth of up 10,000 feet. To put their announcement in perspective, the...
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The market for heavy commercial vehicles reached 2,142 in July – up eight per cent last year, according to registration figures from the Society of Motor Manufacturers and Traders.
The market for vans and light trucks started improving earlier this year, but the heavy truck sector (over 6 tonnes...
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Heavy Equipment and Truck News » Career and Skills
Submitted by precioustech August 10, 2010 Hits: 127
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Submitted by precioustech August 10, 2010 Hits: 127
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Are you currently in the process of trying to find a new job? If so, then you will definitely want to prepare yourself for job interviews with potential employers. The whole concept of participating in a job interview may seem a bit overwhelming and stressful to you. However, there...
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