The use of pallets is related to manufacturing activity and consumer demand so the negative economic disruption associated with the COVID-19 crisis is likely to reduce sales of pallets. However, replacement pallets continue to be necessary for the continued distribution of goods.
June 8, 2020A number of trends will drive sales of off-road equipment at the global level – particularly gains in construction, farming, and manufacturing, applications.
March 9, 2020Population growth has made it essential for countries to increase their power generation capacity.
February 4, 2020Consumers don't realize just how critical diesel engines are to global transport and industrial infrastructure, and how these versatile machines affect our daily lives.
December 4, 2019In addition to transforming how the $21.3 billion global construction equipment sector operates, the incorporation of advanced software and sensors is the first step towards automated machines, which often perform better and are more efficient. As a result, global construction machinery producers will continue to invest heavily in research and development (R&D). Here are a few systems from top manufacturers that are leading the pack.
October 30, 2019Since 1962, the EU's Common Agricultural Policy (CAP) has supported farmers in member states through a wide-ranging system of subsidies and programs. However, with Brexit impending, the EU is anticipating around a $!4 billion loss in annual funds, adding urgency to the numerous calls to adopt a more sustainable approach to the CAP.
February 6, 2019Resolute’s Syama gold mine in southern Mali will become the world’s first fully automated mine by the end of 2018. What are the advantages to mining automation, and how will it affect the mining equipment industry going forward?
November 30, 2018While the hole in the ozone layer appears to be on the road to recovery, nations demonstrated their commitment to addressing anthropogenic climate change in 2016, when the landmark Kigali amendment to the Montreal Protocol was passed.
November 2, 2018For European automotive manufacturers, the trade dispute between the US and China has benefits and pitfalls. Check out a few of the reasons why.
September 12, 2018One ostensible goal of the Trump administration’s trade war with China is to boost domestic manufacturing and limit US consumption of lower cost Chinese goods. So why are some manufacturers pushing back? Here's one Freedonia analyst's take.
September 10, 2018