Recent Events

2017 Ends with 6th Quarterly Increase in Machine Shipments (February 7, 2018)

The results for Q4 are quite good and continue the recovery and expansion that began in the second half of 2016. Across all products, Q4 shipments, measured by units delivered, increased by 7% vs. Q3 and 11% weighted by value. The latter reflects the relatively stronger deliveries of ‘higher-ticket’ items – larger mining trucks, electric and hydraulic shovels – versus lower capital cost products like dozers and wheel loaders. A number of trends noted in previous shipment reports continued in Q4. Truck shipments continued strong while other products either grew at slower rates or even declined from Q3 levels. Deliveries of hydraulic shovels/excavators, wheel loaders and dozers were all down Q4/Q3. But only wheel loader shipments recorded a decline (<1%) for the full year 2017 vs 2016. Excavators and dozers were both up 27% vs. 2016. Shipments of very high-price but very low-volume electric/rope shovels were sharply higher for both Q4/Q3 and 2017/2016.

Visit the Surface Mining Equipment Index page for more information on the evolution of mining equipment shipments through Q4 2017.