Business News

JLG Q1 sales down -21.5%
JLG said it expects ‘return to revenue growth’ in North America during the second half of 2021
Independent Hire chooses compact Snorkels
UK-based rental company adds Snorkel compact rough terrain telehandlers to its fleet
JCB customers utilise Covid-19 loan scheme
JCB Finance says the UK government’s Coronavirus Business Interruption Loan Scheme (CBILS) has helped its customers 
IPAF and SAIA announce alliance
The International Powered Access Federation and Scaffold and Access Industry Association have formed an alliance
Manitou to close plant in Texas, US
Manitou will cease operations at its Waco, Texas plant in March 2021, with 148 employees being laid off
New branding for RUTHMANN REACHMASTER
RUTHMANN REACHMASTER North America L.P. has debuted its new company logo and branding, which now represents both RUTHMANN and REACHMASTER.
Nesco buys Custom Truck One Source for $1.475bn
The combined company will operate across 46 national locations with more than 1,800 employees and 9,000 rental units
Exclusive: JLG president looks at post-election future
Despite significant destabilising forces, Frank Nerenhausen says there’s hope for 2021 
Terex AWP Q3 results show slight improvement
Terex AWP net sales for Q3 were $445 million with total AWP recorded sales for the nine months of 2020 at $1.37 billion
Niftylift opens new U.S. facility
The 5-acre site in South Carolina includes a 30,000-square-foot warehouse and 5,000-square-foot office
SEC settles charges against Manitex and former executives
The Securities and Exchange Commission has settled charges from accounting fraud schemes at Manitex International in 2014 and 2016
KHL Group and Route One merge South American titles
KHL and Route One to produce a single magazine covering the entire Latin American construction market
Deutz plans growth in China
Increased revenue targets, plus a new plant in Changsha, are part of strategy for growth 
Haulotte half-year sales down -35%
Citing Covid-19’s impact, Haulotte Group announced a loss of €119.9 million for its half year results, a decline of -35%
Global construction equipment sales to fall 16%
The impact of Covid-19 will see most equipment markets fall by 15-35% and the global picture would much worse were it not for China
Register free for Off-Highway Global Briefing webinar
November’s online event will provide updated forecasts and discussion of the impacts of Covid-19
Terex AWP sales down 52% in Q2
North America and European access end-markets remain challenged, company reports
Alert Management Systems receives top honor
Alert Management Systems has been ranked as one of Colorado’s top 100 women-owned companies for 2020
Construction sales in China to rise 14%
Revised forecast from Off-Highway Research predicts strong growth for 2020
Auction platform with a difference
Commission-free sales and sales lead generation are just two benefits of a new online equipment auction platform
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