A jury has ordered Caterpillar to pay $100 million to International Construction Products over a terminated agreement for direct online sales of Chinese construction equipment in the U.S.

Hitachi ended its decades-long excavator agreement with John Deere in 2022, branching out on its own from beneath the shadow of its larger U.S. partner.

The 2.3 million men and women of the equipment manufacturing industry make the equipment that builds, powers, and feeds the world. Everywhere you look, equipment manufacturers are keeping people and critical goods moving and powering vital public services and utilities.

2023 was a mixed bag when it came to new and used construction equipment sales, with steady declines for compact equipment and a slight uptick for larger machines.

The Equipment Leasing and Finance Association (ELFA) recently unveiled the findings of its 34th annual “What’s Hot/What’s Not: Equipment Market Forecast 2024,” offering a comprehensive overview of how the equipment finance industry perceives 15 key equipment markets.

Equipment dealers operate in a very competitive market that can make it challenging to maintain the margins needed to provide a reasonable return and support the significant investments in people, processes, technology, tools, real estate and other infrastructure required to conduct business in the manner

In the ever-evolving landscape of agriculture, technological advancements are reshaping the way farmers operate and manage their land.

Cooper Equipment Rentals, Mississauga, Ontario, Canada, has acquired Action Equipment Rentals, Red Deer, Alberta, Canada.

United Rentals, Stamford, Conn., has entered into a definitive agreement to acquire Yak Access, Yak Mat and New South Access & Environmental Solutions (collectively “Yak”), Hattiesburg, Miss., from Platinum Equity for approximately $1.1 billion in cash.