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| | | | | The construction and mining industries are growing and much of it is happening outside the United States, which should make companies consider new strategies. |
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| | | | | Nick Moore from Briggs & Stratton (Vanguard) answered additional questions about electrification and the role compact equipment will play. |
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| | | | | Crawler carrier technology plays a key role and their innovations can have a major impact in many different industries that use off-highway vehicles. |
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| | | | | The off-highway powertrain market is valued at $9.5 billion in 2024 and the transition to electrification remains slow due to cost constraints and limited regulatory support as diesel remains dominant. |
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| | | | | The economic outlook remains muddled due to concerns about inflation and lower production overall in multiple industries muting short-term growth and in 2025. |
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| | | | | FTR reports a 2% decline of Class 8 vehicles in October compared to last month, but it's still a double-digit increase YoY from the same period in 2023. |
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| | | | | As more original equipment manufacturers (OEMs) embrace electrification, it is important to understand all the considerations that go into switching to battery power. |
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