Greg "Machinery Pete" Peterson said auction sales of late model used large farm equipment have soared while prices have plummeted. He talked about the state of the industry at the Big Iron Farm Show.

Success in Formula One isn’t just about the driver—it’s also about the performance of the technical team. Not long ago, teams could only learn what was happening under the hood during a pit stop.

Havila Kystruten and Kongsberg have signed a 10-year “Power-by-the-Hour” service agreement for four new coastal cruise vessels that are currently under construction. The contract value is 150 million ...