All Business & Finance Articles

Revenues up, profits down for Wacker
All regions report good revenues, but dip in profits prompts downward adjustment of outlook
Offer to acquire Cramo
Europe’s second largest rental company is in negotiations regarding an offer to buy the firm
UK equipment sales in decline
CEA figures show construction and earthmoving equipment sales down by 7.4% in Q3
PAC merges to create new EU Notified Body
Paul Adorian’s notified body to merge with Netherlands-based notified body Kuiper Certificering bv
Financing cranes and transport equipment
A discussion of equipment finance trends and issues. 
Stephenson goes National
Bob’s Crane Service and Bauman Crane are two more customers for National Cranes from Stephenson. 
Preparating rental for Brexit
Associations in the UK are collaborating to provide guidance on Brexit
Nationwide Platforms completes merger
UK rental firm integrates services and employees after merger with UK Platforms
Terex sees market softening
As global sales drop by 7%, focus is put on cash generation and strengthening liquidity profile
Weaker performance from Cramo
Third quarter revenues drop, though not unexpectedly, and cost reduction programme is initiated
CPA Conference addresses skills shortage
Labour shortage a key issue at CPA Conference, as well as equipment theft and mental health
Manitou acquires one of its UK dealers
The majority stake in dealer Mawsley Machinery follows the retirement of its main shareholders
Kalyn Siebert partners with Kenworth of Louisiana
Trailer manufacturer Kalyn Siebert announced a new partnership with Kenworth of Louisiana. 
Double digit rises at Palfinger
Palfinger increased revenue by 10% in the first three quarters of 2019
Palazzani sells first 37m in China
Rental company Hui Qiang, in Guangdong province, acquires XTD37 platform from dealer Precede
Niche opportunities in Chinese rental
GMH supplying growing demand for niche rental products in China
Slowdown for Manitou
Drop in order intake indicates declining markets, but 10% full-year revenue growth still expected
Pricing and utilisation rates boost H&E results
Improvements in rental rates and equipment utilisation help to raise revenues by 9.6%
Haulotte and Linde partner in China
French access manufacturer adds forklift company Linde as distributor in China
Ardent invests $16.5 million in fleet
UK company Ardent Hire Solutions orders over 40 Manitou telehandlers as part of rental fleet upgrade
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