The cranes rental market is estimated to be $42.1 billion in 2019 and is projected to reach $53.1 billion by 2024, growing at a CAGR of 4.7% from 2019 to 2024. Increasing demand for rental cranes from various end-use industries, coupled with growing investments from domestic & foreign investors in the country’s economy is expected to drive the growth of cranes rental market during the forecast period.
The Cargo Shipping Market is estimated to gain momentum after fiscal year 2018 after years of sluggish growth. Cargo shipping market is projected to reach 12.52 Billion Tons at CAGR of 3.5% from 2016 to 2021. Global economic development, commodity supply and demand are key drivers fueling the growth of the global cargo shipping trade.
The electric motor sales market is projected to grow at a CAGR of 6.26% from 2016 to 2021 to reach $127.6 billion by 2021. Increasing demand for power utilities and automobile production along with the rise in commercial and residential infrastructure growth, especially in the developing economies, are the major factors for driving the market.
For this week’s bond review, Durig Capital ventures into the auto world to look at one of the leading auto rental companies in the U.S. and around the world. Hertz Global (NYSE:HTZ) had a fantastic 2018 and 2019 looks to be shaping up much the same.
- First quarter 2019 is the seventh consecutive quarter the company has recorded year-over-year growth.
- Total revenues were up 2% (during one the company’s historically slow quarters), up 4% on a constant currency basis.
- Revenues in the U.S. grew by 7%.
- Cash flow provided by operating activities grew by 28% over first quarter 2018.
- First quarter 2019 interest coverage of 3.4x.
Global High Voltage Battery Market is projected to grow from $8.9 billion in 2018 to $89.1 billion by 2025, at a CAGR of 38.95% during the forecast period. The market growth is primarily driven by factors such as the increasing demand for higher acceleration and significant investments by governments toward smart transportation.
This week, Durig Capital reviews a Canadian heavy haul transportation and crane company. Entrec Corporation provides heavy haul transportation and crane solutions to the oil and gas, construction and power generation industries, among others. Entrec’s most recent results for both its fourth quarter and full year 2018 showcase healthy growth in the company’s U.S. operations. And given the volatility in oil and gas late last year, the company’s results are even more impressive.
Transportation of goods and services is one of the most important logistical activity in rural and urban areas. Conventional cargo bikes have thus been become crucial part of eco-friendly mode of transportation to transport cargo. Conventional cargo bikes are used for parcel & service deliveries, perishable goods and others. Apart from tangible and physical goods conventional cargo bikes are used for human passenger commuting purposes by individuals or groups. Conventional cargo bikes are extremely cost effective and are quickly adopted in above mentioned transportation task.
Precast concrete is produced by casting the concrete in a mold or form. The process is carried out in a controlled environment. These precast concretes are then transported to the site of construction for the final application. For different architectural applications, a variety of forming systems are used to derive precast concrete of different design and characteristics.
Future Market Insights (FMI) digs deep into the global bridge expansion joints market and fetches key information through structured market research. The report titled “Bridge Expansion Joints Market Global Industry Analysis 2013–2017 and Opportunity Assessment 2018–2028” gauges the market and predicts the future demographic and changes.
Smart fleet management systems allow fleet operators to track vehicles remotely using the GPS technology that helps in coordinating, managing, and simplifying transport/freight related activities. Smart fleet management systems simplify transport related activities and helps in minimizing the overall transportation costs through cost effective and optimum utilization of available resources.
The worldwide market for geosynthetics is believed to be for the most part fueled by the gigantic undertakings embraced by a few national governments with the end goal to improve civic amenities. The utilization of geosynthetics has expanded hugely in the transportation industry as well as is probably going to develop over the approaching years.
According to a new market report published by Credence Research Inc “Biometrics Technology Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022,” the biometrics technology market is expected to reach $34.5 billion by 2022, with its increasing adoption in both public as well as private sectors.
This week, Durig Capital takes a look at a leading marine transportation company. Teekay Corporation provides marine transportation, storage, and vessel leasing for the oil and natural gas industry. The company’s third quarter saw increases in its subsidiaries revenues over second quarter. Here are some highlights from its third quarter results.
Teekay Tankers nearly doubled its quarterly revenues from the prior year period.
Teekay Corporation recorded adjusted cash flow from vessel operations of $19.8 million as compared to $1.2 million a year earlier.
Teekay LNG revenues increased to $123.3 million as compared to $104.3 million a year earlier.
As the strains of holiday music increase, cargo and trailer theft does too. With annual losses attributed to cargo and trailer thefts estimated in the billions of dollars, MaTrack Fleet Tracking Management system announced its Trailer Safe & Theft Recovery this week to help individual truckers and transportation companies across the nation keep their cargo and trailers safe this holiday season. Through this campaign, MaTrack provides simple, cost effective methods to monitor and quickly recover detachable trailers.
According to the American Journal for Transportation, thefts at truck stops were the most common in second-quarter 2018, while thefts at secured yard locations were the next most common loss category with an increase in theft at parking lot locations, such as those of major retailers. The cargo in each theft reported was worth an average of $149,522, bringing the total estimated loss to $28.7 million for one quarter.