Contractors Hot Line September 20, 2024 | Page 39

Bobcat Company has launched its latest addition to the North American market, the B760 backhoe loader. This new model boasts the deepest digging depth in its class at 18 feet 5 inches and an impressive lift capacity of over 2,200 pounds at full reach.

Designed for versatility and durability, the B760 features a standard extendable arm offering an additional 8 inches of dig depth. Its front-end loader can lift up to 7,985 pounds with a general-purpose bucket. The machine also includes nearly 180 degrees of backhoe swing, minimizing repositioning and improving efficiency on the jobsite.

Equipped with a turbocharged 3.4-liter Bobcat engine, the B760 delivers robust performance while meeting emissions standards without a diesel particulate filter( DPF). The backhoe loader is engineered for high-torque efficiency, making it suitable for tasks such as excavation, site preparation and snow removal.

Additional features include ride control for reduced bucket spillage, automatic return-to-dig positioning, eight work lights for extended operation and a 1.4-cubicyard loader bucket. The B760 also offers pilot controls for precise operations and auxiliary hydraulics for powering attachments.

The American Rental Association has revised its economic forecast for the U. S. and Canadian equipment rental industries. For 2024, the U. S. rental industry is expected to see an 8.9 % increase in revenue, totaling $ 78.7 billion. This is a slight decrease from the previous quarter’ s projection of a 9.7 % increase and $ 79.2 billion total. Growth for 2025 is projected at 5.3 %.

Construction and industrial equipment( CIE) rentals are forecasted to generate $ 62.3 billion, while general tool rentals are expected to reach $ 16.4 billion.

In Canada, equipment rental revenue is projected to grow by 6.6 % to $ 5.75 billion in 2024, down from last quarter’ s 7.2 % growth estimate. General tool rental revenue is expected to reach $ 1.08 billion, with CIE rentals at $ 4.67 billion.

38 September 20, 2024 www. contractorshotline. com