Weekly recap: John Deere updates knuckleboom loaders, 2022 rental revenue projected to reach $55.9 billion, and more
Equipment upkeep is always an important part of the job and Fleetio has shared some tips on how to improve heavy equipment fleet maintenance programs. John Deere updated its knuckleboom loader lineup with visibility upgrades and Astec celebrates 50 years of designing and manufacturing roadbuilding and aggregate processing equipment. Plus, Doosan delivered its first crawler dozer to Best Line Equipment and the ARA forecasts equipment rental revenue to rise in 2022 despite uncertain indicators. Here are five articles from this week you won't want to miss.
John Deere updates knuckleboom loaders with visibility and cab upgrades
John Deere has introduced the latest updates to its knuckleboom loader lineup. Aiming to increase operator safety, visibility, and accuracy, the 2022 models of the 437E and 337E knuckleboom loaders feature a newly designed front window. The 2022 knuckleboom loader updates also feature a new hood profile in the left-rear corner of the machine.
Find out everything you need to know about John Deere's knuckleboom loader updates in the full article.
How to improve your heavy equipment fleet maintenance programs
Whether you own or lease your heavy equipment, it's important to maximize the lifespan of your investment. Taking a proactive stance on maintenance ensures you get the maximum return on your investment and minimizes downtime to keep your team on schedule. Creating a strong preventive maintenance schedule based on asset usage gives you visibility into any potential issues regarding your equipment and allows you to take action immediately.
Learn how you can create a strong preventive maintenance schedule in the full article.
Astec celebrates 50 years of manufacturing roadbuilding and aggregate processing equipment
Astec Industries, Inc. is celebrating 50 years of designing and manufacturing heavy equipment. As part of its celebration and to honour the legacy of its founder, Dr. J. Don Brock, Astec is committing $1 million to the Dr. J Don Brock Astec Industries Memorial Scholarship Endowment established at the University of Tennessee Foundation. Awarded to children and grandchildren of current employees, the scholarship endowment is designed to encourage the study of science, technology, engineering, and math (STEM).
Get the latest information on Astec's anniversary in the full article.
Rental revenue projected to reach $55.9 billion in 2022 despite uncertain indicators
Economic indicators are mixed and uncertain, but all continue to point toward significant growth for equipment rental revenue in the U.S. according to the latest quarterly update of the five-year forecast released by the American Rental Association (ARA). The update projects equipment rental revenue, including the construction and general tool segments, to grow 11.2 percent to reach nearly $55.9 billion in 2022. The ARA expects growth in equipment rental revenue to continue throughout 2026.
Learn more about the projected equipment rental revenue increase in the full article.
Doosan delivers first crawler dozer to Best Line Equipment in Pennsylvania
Doosan Infracore North America has delivered the first Doosan crawler dozer, a DD100, to equipment dealer Best Line Equipment in Pennsylvania. The nine-metric-ton machine is among the first Doosan dozers to arrive in North America, and it's the first DD100 to be delivered to a contractor: Ratoskey and Trainor. Best Line Equipment transported the first Doosan DD100 dozer from its Allentown, Pennsylvania, location to Ratoskey and Trainor on August 4.
Find out more about the first Doosan crawler dozer delivery in the full article.
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