Equipment Roundup

In this equipment roundup, DTN/Progressive Farmer looks at Trimble and PTx Trimble releasing new positioning technology, Cummins unveiling its first-ever gasoline engine, Titan announcing its sales are down, and John Deere joining biofuels group Growth Energy.

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TRIMBLE, PTX TRIMBLE RELEASE NEW TRACKING, POSITIONING TECHNOLOGY

Trimble and PTx Trimble (AGCO) have released Trimble IonoGuard, a next-generation technology engineered to enhance RTK GNSS signal tracking and hardware positioning performance, PTx Trimble announced in a news release on Thursday.

IonoGuard helps ensure more reliable and accurate positioning by reducing the risk of signal loss and maintaining signal integrity during challenging ionospheric conditions, such as those that occurred last May when severe solar storms greatly affected spring planting 2024.

Solar Cycle 25, from which sprang last spring and summer solar storms, began in 2024 and may last through 2026.

"The solar storm experienced in May 2024 put IonoGuard to the test and, based on feedback from our beta testers like Vantage Australia, demonstrated the value of this technology to enable uninterrupted work in the midst of significant solar activity," said Andrew Sunderman, vice president, product and customer experience, at PTx Trimble.

Trimble IonoGuard is available on the PTx Trimble NAV-900 guidance controller via the latest PTx Trimble Precision-IQ firmware release and Trimble base stations that support the ProPoint GNSS positioning engine, sold by PTx Trimble.

For more information, go to https://ptxtrimble.com/….

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CUMMINS BUILDS ITS FIRST GASOLINE-POWERED ENGINE

Diesel engine manufacturer Cummins, along with Kenworth Truck Company, has unveiled its first gasoline-powered engine.

The Cummins B6.7 Octane will be built for the medium-duty gasoline engine on the market (school buses, pickup and delivery trucks, walk-in vans, bucket trucks). Kenworth will be the first manufacturer to incorporate this engine into its product line.

While not an engine for large off-road and on-road applications, the B6.7 Octane does offer insight into Cummins engine design work.

The Cummins B6.7 Octane engine is specifically designed and developed for the medium-duty market while achieving 2027 EPA and California Air Resources Board compliance.

The B6.7 Octane is based on the Cummins B6.7 platform. It is built to perform like a diesel engine on 87 octane gasoline, producing up to 300 horsepower and 660 pound-feet of torque. It requires no DEF and has up to 10% better fuel economy over other gasoline-powered engines. The time between full oil changes is said to be 15,000 miles.

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TITAN FINANCIAL RESULTS DOWN FOR THE YEAR

Titan Machinery Inc. is reporting financial results for the fiscal fourth quarter and full year ended Jan. 31, 2025, and is releasing its first look at its fiscal year 2026. No surprises: It has not been a great year.

Here's a quick summary of Titans newly reported results.

-- For the fourth quarter of fiscal 2025, Titan reported revenue was $759.9 million, compared to $852.1 million in the fourth quarter of last year. Equipment revenue was $621.8 million for the fourth quarter of fiscal 2025, compared to $714.0 million in the fourth quarter last year.

-- Gross profit for the fourth quarter of fiscal 2025 was $51.0 million compared to $141.0 million in the fourth quarter last year.

-- Revenue attributable to agriculture for the fourth quarter of fiscal 2025 was $534.7 million, compared to $620.6 million in the fourth quarter last year. The decrease reflects a same-store sales decrease of 15.5%.

-- Revenue was $2.7 billion for all of fiscal 2025 compared to $2.8 billion for fiscal 2024.

-- Titan projects FY 2026 revenues will be down 20-25%. Titan said its assumptions for fiscal 2026 are consistent with industry forecasts, which are suggesting that demand for North American large agriculture equipment will be down approximately 30% year over year.

-- A bright spot: Titan said its service revenue grew 14.5% to $180 million for the full fiscal year.

Bryan Knutson, Titan Machinery's president and CEO, said an important step forward in the year just ended was Titan's inventory reduction initiative, especially the result it brought in its domestic segment.

"We reduced inventory by approximately $304 million during the fourth quarter, bringing our total reduction since our fiscal second quarter peak to approximately $419 million," said Knutson. "This was a key lever that we felt was necessary to improve our position as we transition into fiscal 2026 with a more subdued demand environment."

Titan Machinery Inc., founded in 1980 and headquartered in West Fargo, North Dakota, owns and operates a network of full service agricultural and construction equipment dealer locations in North America, Europe and Australia.

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DEERE JOINS GROWTH ENERGY

Growth Energy, the nation's largest biofuel trade association, announced that John Deere has become its newest member.

"We look forward to leveraging (Deere's) agricultural expertise as we work to champion policies that advance the biofuel industry and expand the bioeconomy," said Growth Energy CEO Emily Skor.

John Deere joins Growth Energy as a premium associate member. It has a non-voting seat on the association's board of directors.

Dan Miller can be reached at dan.miller@dtn.com

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