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Cummins and Chevron U.S.A. announced a Memorandum of Understanding (MOU) to capitalize on complementary positioning in the hydrogen, natural gas and other low-carbon fuel value chains. The announcement expands the companies' previous strategic collaboration on hydrogen and renewable natural gas and is expected to cover other liquid renewable fuels, such as re...
Alta Equipment Group reported second quarter total revenues of $468 million, an increase of 15.21 TP3T over the same period in 2022.New and used equipment sales for the quarter totaled $255 million, an increase of 171 TP3T over the second quarter of 2022.Product support revenues for the quarter increased by 19.11 TP3T, with the zero portion of the...
Nikola is recalling 209 8 Tre battery-electric trucks following a June investigation into fires in its battery packs. The company is also temporarily halting sales of new trucks. According to Nikola, a third-party investigation found coolant leaks within individual battery packs as the probable cause of the truck fires.On Aug. 10, the public...
Deere will build a 115,000-square-foot manufacturing facility to expand production of Kreisel Electric products. The new plant will be located in Kernersville, N.C., where the company already manufactures excavators. John Deere acquired a majority stake in Kreisel in 2022, which...
With enrollment in the Minnesota State College and University System down 28% since 2013, many students are abandoning higher education to pursue career opportunities in industries like construction. WCCO News aired a story about Lindus Constructors, a residential contractor now based in Minneapolis/St. Louis...
Optimus Technologies has delivered the first B100-powered vacuum excavator to DC Water (District of Columbia Water Authority). The municipal group purchased 12 B100-powered vehicles, and Optimus Technologies has upgraded 10 existing DC Water vehicles to run on B100s....
Construction and Forestry sales increased to $3.7 billion in the third quarter, up 141 TP3T from the third quarter of 2022.The company cited price realization and increased shipments. Operating profit for the segment, which includes Wirtgen, increased 39%, again attributable to pricing and volume.Fiscal 2023 construction and forestry sales...
As the parent exhibition of LogiMAT China, LogiMAT has been deeply rooted in the logistics industry for 23 years. With its outstanding influence, it has become a leading exhibition brand in the global logistics field. At the same time, it is also an annual event for the internal logistics industry, gathering professionals and industry elites from all over the world.
