Wheel Loader Prices Rise

Nov. 16, 2021 – Ritchie Bros.’ November Market Trends Report continues to show positive pricing trends across all its equipment indexes, with medium earthmoving equipment prices up 36% in the United States, while truck tractors and vocational trucks are up 45% and 34%, respectively (for the three months ending Oct. 31). With this month’s report, Ritchie Bros. has included a special focus on earthmoving equipment sales…

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Hitachi Renames and Rebrands

Hitachi Construction Machinery Co. Ltd. renamed Hitachi Construction Machinery Loaders America, Inc. (headquarters: Newnan, Ga.), which is the U.S.-based consolidated subsidiary in charge of the manufacturing and sales of Hitachi branded wheel loaders in North America. The new company name is Hitachi Construction Machinery Americas Inc. as of Oct. 1.

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Cat Pitches Performance at Recent Loader Launch

May 13, 2021 – At a recent virtual product launch, Caterpillar discussed its ability to offer premium performance in the 10- to 12-ton wheel loader class, via the new Cat 980 and 982 medium wheel loaders. The machines are up to 10% more productive and feature lower maintenance costs up to 20% when compared to the previous 980M and 982M powershift models.,…

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New Cat 992 Wheel Loader Focuses on Productivity, Efficiency

Building on a more than half-century legacy that includes the best-selling large mining loader model of all time, the new Cat 992 Wheel Loader sets a new standard by offering up to 32% greater productivity. This new large mining loader reduces maintenance costs by as much as 10% and offers up to 48% greater payload-per-fuel efficiency than the earlier model…

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