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Ritchie Bros. names Terry Dolan president of U.S., Latin America business

Ritchie Bros. names Terry Dolan president of U.S.,...

Posted by Wayne Grayson on May 08, 2015

A 15-year veteran of the industrial sector backed by strong experience with construction, mining and agriculture, Terry Dolan has been ...

Caterpillar invests in, adds dealer inventory to Yard Club, an online contractor-to-contractor equipment rental service

Caterpillar invests in, adds dealer inventory to Yard...

Posted by Wayne Grayson on May 07, 2015

Most contractors outside of San Francisco have likely never heard of Yard Club. But thanks to an investment from and ...

Construction spending falls 0.6% in March with lone gains in nonresidential

Construction spending falls 0.6% in March with lone...

Posted by Wayne Grayson on May 05, 2015

With decreases across all sectors save for private nonresidential, U.S. construction spending fell 0.6 percent in March to a seasonally ...

Terex sales drop 9% as 1Q results in a loss

Terex sales drop 9% as 1Q results in a loss

Posted by Wayne Grayson on May 04, 2015

In its earnings report for fiscal year 2014 in which the company reported a big 27-percent profit increase, Terex cautioned ...

Material Tracker site matches contractors for receiving construction materials or dumping excess

Material Tracker site matches contractors for receiving...

Posted by Wayne Grayson on May 01, 2015

In its sales pitch, Material Tracker makes a scary-good point: "Unknowingly, you may have driven past a dump site that could ...

IronPlanet taps former Army Lt. Col. to head GovPlanet military, government equipment auctions

IronPlanet taps former Army Lt. Col. to head GovPlanet...

Posted by Wayne Grayson on Apr 29, 2015

IronPlanet has gained quite a bit of momentum in the last year with a few big deals and two new site launches. ...

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 ...

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