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Volvo CE sees demand in China cut in half, profit plunges 46% in 1Q

Volvo CE sees demand in China cut in half, profit...

Posted by Wayne Grayson on Apr 28, 2015

  Citing weak demand in China, where sales have been cut in half, Volvo Construction Equipment reported a drop in revenues ...

Despite uptick in sales, Komatsu sees fiscal year 2014 profit fall 3.5%

Despite uptick in sales, Komatsu sees fiscal year 2014...

Posted by Wayne Grayson on Apr 27, 2015

Increased sales in developed countries combined with the depreciation of the Japanese yen against the dollar were able to boost ...

Caterpillar beats estimates, boosts profit 20% in 1Q despite dip in sales

Caterpillar beats estimates, boosts profit 20% in 1Q...

Posted by Wayne Grayson on Apr 24, 2015

Caterpillar delivered very good news for shareholders in its first quarter earnings report, with a big profit increase and an improved ...

Volvo’s Terex Trucks continues down path, offering a “standard, core rugged feature set”

Volvo’s Terex Trucks continues down path,...

Posted by Marcia Gruver Doyle on Apr 21, 2015

Terex Trucks, a division of Volvo Construction Equipment since its acquisition from Terex last summer, is continuing down the path ...

Virginia DOT cuts loose US 460 Mobility Partners from $300 million project (VIDEO)

Virginia DOT cuts loose US 460 Mobility Partners from...

Posted by Chris Hill on Apr 17, 2015

The Virginia Department of Transportation (VDOT) has end its agreement with US 460 Mobility Partners LLC over the lack of ...

Indiana Senate passes repeal of common construction wage; Gov. Pence expected to sign

Indiana Senate passes repeal of common construction...

Posted by Wayne Grayson on Apr 16, 2015

Amid a storm of protest, the Indiana Senate on Wednesday passed the repeal of a state law which sets baseline wages for construction ...

Booming crane market a welcome sign to strengthening U.S. construction industry

Booming crane market a welcome sign to strengthening...

Posted by Wayne Grayson on Apr 13, 2015

As one of the most expensive heavy equipment categories there is, when contractors and rental outfits are buying lots of cranes, ...

Lafarge, Holcim tap Olsen as CEO, effective when the companies merge

Lafarge, Holcim tap Olsen as CEO, effective when the...

Posted by Kerry Clines on Apr 10, 2015

In a move the company hopes will please jittery shareholders, the Lafarge and Holcim boards of directors announced the appointment of Eric ...

Construction employment fell in March, snapping a 14-month streak of job gains

Construction employment fell in March, snapping a...

Posted by Wayne Grayson on Apr 03, 2015

For the first time since December 2013, U.S. construction industry employment has fallen. According to preliminary data from the Labor Department, ...

How a contractor pursued delay damages against the U.S. Navy using the Eichleay formula

How a contractor pursued delay damages against the U.S....

Posted by Equipment World Staff on Apr 03, 2015

In a recent case involving work for the U.S. Navy — Appeal of Alderman Building Company, Inc. (ASBCA No. 58082, ...

IronPlanet, Cat Auction Services complete merger

IronPlanet, Cat Auction Services complete merger

Posted by Wayne Grayson on Apr 03, 2015

With the addition of access to late model, low-hour Caterpillar equipment, IronPlanet chairman and CEO Greg Owens said his company's merger ...

KHL: Construction equipment revenues down as manufacturers trade places in top 10 rankings

KHL: Construction equipment revenues down as...

Posted by Wayne Grayson on Apr 02, 2015

Caterpillar and Komatsu remain the no. 1 and no. 2 construction equipment manufacturers in the world, respectively, to no surprise ...

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