Business News

Sales for world’s top construction OEMs surprisingly strong
Latest Yellow Table to reveal that sales for world’s top 50 OEMs declined in 2020 by just 5.5%, less than feared
JLG Q2 sales up 6.5%
JLG’s access equipment sales “exceeded our expectations,” says parent company Oshkosh
JLG plant recognized for energy management
JLG’s Shippensburg, PA facility has been recognized by the U.S. DOE as a 50001 Ready site
United acquires Franklin Equipment
United Rentals has acquired Franklin Equipment, a regional rental outfit with 20 Midwest and Southeast locations
Trackunit secures funding from software investor
Telematics specialist Trackunit has attracted investment from global software investor Hg
Palfinger reports profitable 2020
Profitability was maintained on lower sales at Austrian crane and access equipment manufacturer
Terex forecasts 12% bounce-back in 2021
Sales at Terex were down 29.3% in 2020 and the US company is forecasting 12% growth in 2021
Sales down at Tadano
Double digit decrease in sales at Tadano in first three quarters to end of 2020
Access, Lift & Handlers’ February podcast
For Access, Lift & Handlers’ first podcast of 2021, listeners will hear from Skyjack President KenMcDougall on the year to come, plus more
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
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