Volvo CE unveils ambitious new product line-up at Volvo Days 2024

Volvo CE is:

Launching a modernized range of excavators, equipped with advanced technology for outstanding performance

Extending its wide range of electric machines, including its first electric wheeled excavator, displayed alongside its broadest range of charging solutions yet

Introducing new smart applications in a solutions-based approach for reduced complexity and increased business potential.

Epiroc to acquire remaining share of autonomous solutions provider ASI Mining

Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and construction industries, has agreed to acquire the remaining share of ASI Mining, a U.S.-based autonomous mining solutions company. Epiroc already owns 34% of ASI Mining, which it acquired in 2018. The acquisition regards the remaining 66% of the company.

Oshkosh Corporation Reports 2024 First Quarter Results

Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, today reported 2024 first quarter net income of $179.4 million, or $2.71 per diluted share, compared to net income of $88.5 million, or $1.34 per diluted share, for the first quarter of 2023.

Parker Bay Release 2024 First Quarter Surface Mining Index

In contrast with the contraction in the second half of 2023, unit shipments in the first quarter of 2024 increased by nearly 10% while the aggregate value of these machines increased by more 16% from Q4, bringing this measure of market value to within 4% of the peak achieved in Q2 2023.