Industry News

MILWAUKEE (May 14, 2020) — It was right around the time of the Chinese New Year that Paul Reitz knew he had a serious problem on his hands. Titan International’s China-based employees had just taken three weeks off to participate in New Year festivities, and word began to surface that a …

Last week the CEA (Construction Equipment Association) conducted a “snapshot survey” of its members to establish how the current crisis is impacting on members’ activities. The survey asked about production and employment during the current COVID-19 pandemic. The results of the survey revealed that 10% of respondents reported that their …

Retail sales of construction and earthmoving equipment in the UK market fell by 21.8% in the first quarter of the year compared with the same quarter in 2019. The pattern of monthly sales during Q1 shows that the impact of the Covid-19 crisis in March caused a sharp fall. Equipment …

MILWAUKEE (April 13, 2020) – A recent article proclaimed a truth manufacturers in all industry sectors know all too well: You can’t build an airplane working from home. As law offices, financial services firms and tech companies close their doors and require employees to work from home, manufacturers face the …

During the last fortnight, there has been a marked increase in plant and tool theft from both vehicles and site compounds. The sharp spike in thefts is largely due to construction firms and contractors temporarily scaling down work and shutting job sites due to the Coronavirus pandemic. The CEA (Construction …

European construction equipment faces Covid-19 crisis from a solid economic position CECE releases Annual Economic Report 2020 and tailor-made video 2019 saw modest market development albeit the expected decline came in 2nd semester In the midst of the Covid-19 crisis, no reliable forecast is possible CECE announces measures against the Covid-19 …

As COVID-19 (coronavirus) brings countless businesses to a grinding halt, the construction industry remains resilient — even in the face of tremendous challenge. Unlike many industries where “working from home” and “drive-thru service” are feasible countermeasures, construction firms have jobsites to run. Chris Hopper, executive vice president and general manager …

Retail sales of construction and earthmoving equipment in the UK market fell by 12.3% in the last quarter of 2019, compared with the same quarter in 2018. This continued the trend during last year of quarterly sales declining at increasing rates through the year compared with 2018. This significant fall …

Let’s clear up two things about artificial intelligence (AI) at the start. First, it’s a broad concept, not a specific product, in the same way hydraulics is a broad concept, not a specific product. Yes, both AI and hydraulics are fundamental to countless specific products, but neither is in and …

The members of VDMA Construction Equipment are looking to the future with confidence. Industry representatives expect a slight decline in sales of 3 to 5% this year at an overall stable level. Frankfurt am Main, February 7, 2020 – Once a year, the specialist group meets in January to discuss …