DAF Trucks and TotalEnergies have announced signing a memorandum of understanding (MoU) on their joint commitment to develop zero-emission mobility solutions for road transport. This partnership leverages DAF’s truck manufacturing expertise and TotalEnergies’ experience in developing sustainable mobility solutions....
Scania and DHL Group have jointly developed an electric truck with a fuel-powered generator, making it possible to shift to battery-electric road transport without having to wait for a complete charging network. Fully electric vehicles are the ultimate solution...
Element Six (E6), a developer and manufacturer of polycrystalline diamond (PCD) and ultra-hard materials, and Master Drilling, a provider of drilling and mechanized rock excavation technology solutions, have partnered to deliver a new synthetic diamond-enabled tunnelling solution, with a...
According to a report by Persistence Market Research, the global earthmoving equipment market is projected to grow from USD 63.2 billion in 2024 to USD 87.7 billion by the end of 2031, reflecting a compound annual growth rate (CAGR)...
In the construction industry, cash flow challenges are a significant threat to business survival. 30% of business failures are caused by financial issues. Proper financial management isn’t just a good practice; it’s a requirement for success. Timothy Wingate Jr.,...
Caterpillar has released its Q4 and full-year 2024 financial results. Full-year sales and revenues in 2024 were $64.8 billion, down 3% compared with $67.1 billion in 2023. The decrease reflected a lower sales volume of $3.5 billion, partially offset...
Berg Insight has released new findings about the market for heavy electric commercial vehicle charging infrastructure in Europe and North America. The total number of connected charging points in Europe is forecasted to grow at a compound annual growth...
At the end of a year of declining sales, in line with the industry slowdown, Volvo CE saw a turnaround in the final quarter of 2024 with an order increase of 19%.
Volvo CE has maintained a healthy profitability on...
Liebherr presents a further crane model with the new LICCON3 control system: The LTM 1120-4.1 becomes the LTM 1120-4.2. The 4-axle 120-tonne crane is also characterised by the new future-oriented crane design. In addition, the LTM 1120-4.2 is equipped...
According to a report by Persistence Market Research, the global mining remanufacturing component market is projected to grow at a CAGR of 5.5% from 2024 to 2031. The market is expected to rise from US$ 4.8 billion in 2024 to...
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