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Heavy Equipment and Truck News » Industry & Economy
Submitted by precioustech September 03, 2010 Hits: 11
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Submitted by precioustech September 03, 2010 Hits: 11
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NORWALK, Conn., Sep 02, 2010 (BUSINESS WIRE) -- GE Capital, Corporate Finance today announced it is administrative agent for a newly amended and extended $320 million revolving credit facility to H&E Equipment Services, Inc., one of the nation's largest equipment services companies focused on heavy commercial and industrial equipment....
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CHICAGO -- Future aerodynamic technology current being tested by NASA and Navistar could save the trucking industry nearly $10 billion annually.
Navistar, which makes International brand trucks and MaxxForce diesel engines, has teamed up with Lawrence Livermore National Laboratory, NASA's Ames Research Center and the U.S. Air Force to...
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Heavy Equipment and Truck News » Industry & Economy
Submitted by shari September 02, 2010 Hits: 12 0
Submitted by shari September 02, 2010 Hits: 12
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An explosion ripped through an oil rig in the Gulf of Mexico on Thursday forcing 13 people into the water, one of whom was injured, the US Coast Guard said.
The rig was still ablaze and the blast raised fresh pollution fears as the region struggles to recover from...
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Greenhouse gas emissions from medium-duty and heavy-duty trucks and buses will be regulated by the federal government for the first time beginning in model year 2014 under an official Memorandum issued today by President Barack Obama.
"America has the opportunity to lead the world in the development of a...
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Volvo Construction Equipment has started a Fuel Efficiency Guarantee program that is being offered on the company’slarge wheel loaders through Dec. 31, 2010.
Based on fuel consumption reports, Volvo Construction Equipment will evaluate the fuel efficiency and share the difference in fuel cost with the equipment owner if the machine does...
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Heavy Equipment and Truck News » Truck & Equipment
Submitted by ghodder September 01, 2010 Hits: 38 0
Submitted by ghodder September 01, 2010 Hits: 38
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RED DEER, Alta. -Computerized technologies such as anti-lock brakes have been helping keep pilots and drivers safe for years, and now one major supplier of commercial truck equipment is upping the ante by bringing even more sophisticated safety equipment to the transportation industry.
Meritor Wabco, the Troy, Mich.-based maker of commercial...
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Heavy Equipment and Truck News » Industry & Economy
Submitted by precioustech September 01, 2010 Hits: 33 0
Submitted by precioustech September 01, 2010 Hits: 33
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Weak demand and excessive destocking created a difficult environment for heavy machinery manufacturers and their suppliers in 2009. But inventory replenishment and an improving economy promise modest gains in consumption of metals by equipment makers in the coming year.
The three major sectors of heavy equipment— agriculture, construction and...
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Heavy Equipment and Truck News » Industry & Economy
Submitted by Andy Drew September 01, 2010 Hits: 31 0
Submitted by Andy Drew September 01, 2010 Hits: 31
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Another group of socially conscious companies has decided to get on the bandwagon and slam Alberta's oilsands.
The Gap, which includes Old Navy and Banana Republic, Levi Strauss and Timberland have all stated they are refusing to use "heavy oil" petroleum products produced in Canada. That would be us in Alberta,...
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Heavy Equipment and Truck News » Industry & Economy
Submitted by MegaMechanic August 31, 2010 Hits: 78 0
Submitted by MegaMechanic August 31, 2010 Hits: 78
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SOUTHFIELD, Mich. -- Used commercial vehicles are being registered in the US at a record pace, according to data released by Polk.
There were 354,400 used commercial vehicles (Classes 3-8) registered in the US during the first two quarters of 2010, Polk announced. That's a new record for used commercial vehicle...
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If anyone had any doubt that electric drives are the wave of the future for construction equipment, that doubt was put to rest recently, when Caterpillar, Inc., announced the purchase of Electro-Motive Diesel Inc., a maker of diesel-electric locomotives.
The deal, worth US$820 million will give Cat control of the second-largest...
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