JLG

Telehandler Market Size to Grow USD 5181.3 Million by 2029 at a CAGR of 4.1% | Valuates Reports

Retrieved on: 
Thursday, December 7, 2023

The Global Telehandler market is projected to reach USD 5181.3 Million in 2029, increasing from USD 3897.9 Million in 2022, with a CAGR of 4.1% during the period of 2023 to 2029.

Key Points: 
  • The Global Telehandler market is projected to reach USD 5181.3 Million in 2029, increasing from USD 3897.9 Million in 2022, with a CAGR of 4.1% during the period of 2023 to 2029.
  • Environmental factors, such as the focus on fuel economy and lower emissions, are influencing the market and supporting sustainable development objectives.
  • Globally, the telehandler market is driven by its versatility in many industries, catering to the changing demands of construction, agriculture, industry, and logistics.
  • The booming construction of residential, commercial, and infrastructure projects demands efficient and flexible equipment like Telehandler, contributing significantly to market expansion.

Telehandler Market Size to Grow USD 5181.3 Million by 2029 at a CAGR of 4.1% | Valuates Reports

Retrieved on: 
Thursday, December 7, 2023

The Global Telehandler market is projected to reach USD 5181.3 Million in 2029, increasing from USD 3897.9 Million in 2022, with a CAGR of 4.1% during the period of 2023 to 2029.

Key Points: 
  • The Global Telehandler market is projected to reach USD 5181.3 Million in 2029, increasing from USD 3897.9 Million in 2022, with a CAGR of 4.1% during the period of 2023 to 2029.
  • Environmental factors, such as the focus on fuel economy and lower emissions, are influencing the market and supporting sustainable development objectives.
  • Globally, the telehandler market is driven by its versatility in many industries, catering to the changing demands of construction, agriculture, industry, and logistics.
  • The booming construction of residential, commercial, and infrastructure projects demands efficient and flexible equipment like Telehandler, contributing significantly to market expansion.

Oshkosh Corporation Announces Access Segment Leadership Transition

Retrieved on: 
Tuesday, October 17, 2023

Mahesh Narang has been appointed to succeed Nerenhausen as executive vice president and president of the Access segment.

Key Points: 
  • Mahesh Narang has been appointed to succeed Nerenhausen as executive vice president and president of the Access segment.
  • Nerenhausen will serve as an advisor to the company through August 2024 to ensure a smooth transition.
  • “Frank has built a world-class Access team, successfully leading our JLG and Jerr-Dan businesses to great heights for more than a decade.
  • During his tenure, the Access segment has achieved significant growth and profitability, while introducing progressive innovations that leave our business in an outstanding position with a bright future,” said John Pfeifer, president and chief executive officer of Oshkosh Corporation.

Appeal Victory Sets Crucial Legal Precedent for Defective Equipment Injuries: Raul Camacho vs. JLG Industries Inc.

Retrieved on: 
Wednesday, August 2, 2023

LOS ANGELES, Aug. 2, 2023 /PRNewswire-PRWeb/ -- The recent victory in the appeal from the judgment and order of the Superior Court of Orange County, presided by Judge Robert J. Moss, is set to have far-reaching implications for individuals injured by defective equipment. In the case of Raul Camacho vs. JLG Industries Inc., the appeal resulted in a reversal of the previous judgment, establishing important legal principles and paving the way for justice and accountability in product liability cases.

Key Points: 
  • In the case of Raul Camacho vs. JLG Industries Inc., the appeal resulted in a reversal of the previous judgment, establishing important legal principles and paving the way for justice and accountability in product liability cases.
  • He further argued that JLG should have marketed an alternative design with a self-closing gate, which would have prevented the accident.
  • First and foremost, it sets a powerful legal precedent that can be referenced in future cases with similar circumstances.
  • This precedent supports victims seeking compensation for injuries caused by defective equipment, encouraging more favorable judgments in similar cases.

Exiger and Oshkosh Recognized by Supply & Demand Chain Executive with 2023 Top Supply Chain Projects Award

Retrieved on: 
Thursday, June 22, 2023

NEW YORK, June 22, 2023 /PRNewswire/ --  Exiger, the SaaS company revolutionizing the way corporations, government agencies and banks manage supply chains, today announced that it has received a 2023 Top Supply Chain Projects Award from Supply & Demand Chain Executive for the innovative work Oshkosh Corporation and Exiger accomplished.

Key Points: 
  • Award highlights Exiger's AI solutions and their ability to drive supply chain visibility and operational resilience for advanced manufacturing customers.
  • NEW YORK, June 22, 2023 /PRNewswire/ -- Exiger , the SaaS company revolutionizing the way corporations, government agencies and banks manage supply chains, today announced that it has received a 2023 Top Supply Chain Projects Award from Supply & Demand Chain Executive for the innovative work Oshkosh Corporation and Exiger accomplished.
  • "Oshkosh needed to address the administrative costs associated with maintaining manual processes, quarterly reconciliations and part price adjustments with their suppliers," said Exiger CEO Brandon Daniels .
  • Exiger deployed SDX, its proprietary multi-tier supply chain platform, as well as Part Attribute Characterization (PAC), its proprietary software and engineering process.

North America Construction Equipment Rental Market Report 2023-2029 Featuring Prominent Vendors - Caterpillar, Komatsu, Hitachi, Volvo, Liebherr, SANY, XCMG, Hyundai, John Deere, Kobelco, & JCB - ResearchAndMarkets.com

Retrieved on: 
Tuesday, May 30, 2023

The construction of various infrastructure and residential projects in North America is expected to drive the demand for renting excavators in the North America construction equipment rental market.

Key Points: 
  • The construction of various infrastructure and residential projects in North America is expected to drive the demand for renting excavators in the North America construction equipment rental market.
  • This will boost the demand for rental road construction machinery in the North America construction equipment rental market.
  • They have a strong market share, and these vendors offer diverse products in the North America construction equipment rental market.
  • The prominent key players in the North America construction equipment rental market include Caterpillar, Volvo Construction Equipment, Liebherr, Hitachi Construction Machinery, Komatsu, John Deere, Hyundai Construction Equipment, JCB & Kobelco.

Oshkosh Corporation Reports Fiscal 2023 First Quarter Results

Retrieved on: 
Thursday, April 27, 2023

Adjusted1 net income was $104.6 million, or $1.59 per diluted share, for the first quarter of fiscal 2023 compared to $17.9 million, or $0.27 per diluted share, for the first quarter of fiscal 2022.

Key Points: 
  • Adjusted1 net income was $104.6 million, or $1.59 per diluted share, for the first quarter of fiscal 2023 compared to $17.9 million, or $0.27 per diluted share, for the first quarter of fiscal 2022.
  • “The Oshkosh team delivered strong first quarter results that exceeded expectations,” said John Pfeifer, president and chief executive officer of Oshkosh Corporation.
  • Consolidated operating income in the first quarter of fiscal 2023 increased 311.3 percent to $130.8 million, or 5.8 percent of sales, compared to $31.8 million, or 1.6 percent of sales, in the first quarter of fiscal 2022.
  • The Company will host a conference call at 9:30 a.m. EDT this morning to discuss its fiscal 2023 first quarter results and its fiscal 2023 outlook.

Oshkosh Corporation to Participate in 2023 Advanced Clean Transportation Expo

Retrieved on: 
Thursday, April 20, 2023

Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, is pleased to announce it will be exhibiting at the Advanced Clean Transportation (ACT) Expo in Anaheim, California, May 1-4, 2023.

Key Points: 
  • Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, is pleased to announce it will be exhibiting at the Advanced Clean Transportation (ACT) Expo in Anaheim, California, May 1-4, 2023.
  • ACT Expo is the largest annual conference and trade show in the country focused on advanced transportation technologies and clean fuel vehicles.
  • With nearly 30 years of electrification experience, Oshkosh has introduced purpose-built, battery-electric vehicles in most of its end markets.
  • These include the Pierce® Volterra™ fire truck, the Oshkosh Striker® Volterra™ ARFF, the JLG® DaVinci™ scissor lift, the Oshkosh fully integrated refuse collection vehicle, the eJLTV and the USPS NGDV.

Germany Construction Equipment Rental Market Assessment Report 2023: An $8.363 Billion Market by 2028 - Surge in Inflation Rate & Energy Prices Supports Construction Rental Market - ResearchAndMarkets.com

Retrieved on: 
Friday, April 14, 2023

The rental of construction equipment provides the benefit of avoiding the high capital costs, costly maintenance of construction equipment & availability of new technology-equipped construction equipment.

Key Points: 
  • The rental of construction equipment provides the benefit of avoiding the high capital costs, costly maintenance of construction equipment & availability of new technology-equipped construction equipment.
  • Sharp rise in inflation, high energy prices, & growing prices of building materials are expected to support the Germany construction equipment rental market growth.
  • Caterpillar, Volvo Construction Equipment, Liebherr, Komatsu, JCB, Hitachi Construction Machinery, Hyundai Construction Machinery, and Prominent vendors in the Germany construction equipment rental market SANY & XCMG.
  • Liebherr, Caterpillar, Volvo Construction Equipment, JCB, & Komatsu are the Germany construction equipment rental market leaders and have a strong industry share.

CanLift Addresses Telehandler Shortage and Expands Product Line with XCMG’s Latest Heavy Equipment

Retrieved on: 
Wednesday, March 8, 2023

Burlington, Ontario, March 08, 2023 (GLOBE NEWSWIRE) -- CanLift Equipment Ltd. (“CanLift”), a family-owned aerial equipment and material handling company, welcomes two new XCMG telehandlers to its product line this spring 2023.

Key Points: 
  • Burlington, Ontario, March 08, 2023 (GLOBE NEWSWIRE) -- CanLift Equipment Ltd. (“CanLift”), a family-owned aerial equipment and material handling company, welcomes two new XCMG telehandlers to its product line this spring 2023.
  • "We are excited to announce the latest additions to our fleet, two telehandlers that are set to enhance CanLift's product line," said Johnny Dragicevic, Managing Partner at CanLift.
  • The XTF1056K and XTF1256K telehandlers offer unparalleled efficiency, allowing operators to handle and move heavy materials with ease.
  • CANLIFT: Established in 2009, CanLift Equipment Ltd. rents, sells, and services aerial work platforms and material handling equipment.