In a major step toward providing a common set of equipment data across mixed fleets, the telematics standard, which is being developed jointly by the Association of Equipment Manufacturers and the Association of Equipment Management Professionals, received approval on July 21 from the International Organization for Standardization (ISO) as a global standard.
As the general public is exposed almost daily to marketing that promotes the prospects of self-driving cars, it’s not too much of a stretch for construction professionals to imagine a similar future for autonomous equipment on the jobsite.
In a move that will create the nation’s second-largest telematics company,
telecommunications giant Verizon Communications announced it is acquiring Telogis Inc., a telematics provider for the automotive and heavy-equipment industries.
With a modest milestone in the books, Komatsu America is about to ramp up its introduction of “intelligent” excavators and dozers to North American construction sites.
With a self-imposed deadline looming, Terex Corp. has called off talks with Zoomlion Heavy Industry Science and Technology Co. for the China-based equipment maker to acquire the U.S.-based company. Terex had announced on May 16 that it would be selling its material-handling and port-solutions [MHPS] business to Finland-based Konecranes for $1.3 billion, and that deal is expected to close in January 2017.
Equipment manufacturer Terex Corp. announced May 16 that it is ending its plan to merge with Konecranes, and will instead sell its material-handling and port solutions [MHPS] unit to the Finnish-based company for $1.3 billion.
The use of aerial work platforms is on the rise. In a recent study, the International Platform Access Federation, an industry group, found that AWPs continue to grow as a percentage of rental fleets.
Investment firm Apollo Global Management has signed a deal to acquire Maxim Crane Works and AmQuip Crane Rental, two of the largest crane-rental firms in the U.S.
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