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Positive result forecast for crane and access equipment manufacturer Palfinger despite Covid-19.
Positive result forecast for crane and access equipment manufacturer Palfinger despite coronavirus Covid-19
Outlook revised downwards at Chinese tower crane manufacturer Yongmao
Future job losses forecast in USA as federal assistance winds down and Covid-19 pandemic progresses
Tadano acquisition of Demag brings highest ever sales revenue but lower profit in 12 months to end of March
Future job losses are predicted as federal assistance winds down
Week 23 saw falls in equipment utilization in Europe, but a modest increase in North America
Machine utilization index exceeds 90 for the first time since early March, indicating a continued recovery
Europe’s Ascension Day holiday impacts on Index in Europe in week 21, although the Index also fell in North America
Revised forecasts from Off-Highway Research point to a sharp dip due to Covid-19
Construction equipment use in North America and Europe continued to improve last week, with a 5% increase in the Downtime Index to 88.9
The Downtime Index showed a significant improvement last week, led by Spain and Italy
Increase in utilities construction suggests greater reliance on digital connectivity
Owner of Sunbelt Rentals sees revenue drop since mid-March but fleet on rent improves modestly in April
The corporation reduces workforce, capital expenditure and production and extends credit facility and safety.
The corporation reduces workforce, capital expenditure and production and extends credit facility and safety
Columbus McKinnon Corporation prepares to scale down business in response to weakened demand for its products
Off-Highway Research estimates that factory closures and national lock-downs will lead to a drop in global equipment production of 43,000 machines
Maxim Crane Works COO Frank Bardonaro talked to D.Ann Shiffler about how his company is addressing the challenges of the Covid-19 crisis
Growth for 2020 drops from 3.1% to 0.5%, according to GlobalData
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