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Business: Page 129
Roadbuilding
Inflation is Key
Maintaining Optimal Tire Pressure is Essential to a Successful Preventative Maintenance Program A kick to a tire doesn’t reveal much more than the stiffness of your boot and it certainly isn’t a good gauge of the level of air pressure in a tire. Tire pressure is one of the most important aspects of a tire […]
April 25, 2014
Business
Sales jump boosts Volvo CE operating income 29% in 1Q
Following a tough 2013, Volvo Construction Equipment saw a positive start to 2014, reporting a growth in sales and a big boost in earnings. During the first quarter of the year ending March 31, Volvo CE sales jumped to $2.035 billion (SEK 13.371 billion), an increase of 10 percent over the same period last year. As a […]
April 25, 2014
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February 19, 2025
Dealers
In a digital age, survey shows contractors still value personal interactions with equipment dealers
So how do contractors want to interact with equipment dealers today? A joint Associated Equipment Distributors/Randall-Reilly research project, conducted by our Equipment Data Associates division and tapping the opinions of Equipment World readers, delves into this topic. While technology advances and societal changes are pushing certain approaches to the fore, there are plenty of indications […]
April 25, 2014
Dealers
New leadership at Holt Cat, new dealers for Bobcat, Takeuchi, SDLG and more in this week’s Dealer News Roundup
Welcome to the Dealer News Roundup, your one-stop shop for all the moves going on inside the heavy equipment distributor industry. We post a new edition just about every week with news on hires, promotions, new locations and expansions. Check back for a new edition every week! Holt Cat names new executive leadership positions Holt […]
April 25, 2014
Business
Caterpillar profit rises 5% in 1Q due to surge in construction equipment sales
After a rough 2013 that saw profits drop 33 percent, the momentum Caterpillar gained during a strong fourth quarter appears to have remained in tact in 2014 and the company has raised its profit forecast for the year. The company today announced profits of $922 million, or $1.44 per share, for the first quarter ending […]
April 24, 2014
Business
Another worker shortage compounded by the energy boom could delay construction of $1.3 billion Dallas hospital
Construction officials with a Dallas area hospital say their project is losing workers and bidders to stiff competition from the oil and gas industry as well as higher paying construction jobs elsewhere in the state. “Houston and West Texas are taking labor away from many of our projects,” Lou Saksen, senior vice president over the $1.3 […]
April 24, 2014
Business
Obama prepares to send $302 billion highway bill to Congress, but will it be enough?
President Barack Obama is preparing to present his proposed $302 billion, four-year transportation reauthorization bill to Congress. Transportation Secretary Anthony Foxx announced on the DOT’s Fast Lane blog that the president plans to send a draft of the legislation to lawmakers, though no specific timetable has been presented. “Soon, the Obama Administration will do exactly […]
April 24, 2014
Business
Earth Day is dead: the EPA’s fall from a scientific organization to a manipulable political tool
I don’t see why people feel compelled to celebrate Earth Day—which was yesterday if you were fortunate enough to avoid the phony phenomena of a day of brainless, bumper-sticker sentiments. For one, Earth Day isn’t real news. It’s what Daniel Boorstin years ago called a manufactured news event. They wouldn’t exist if it weren’t for […]
April 23, 2014
Business
Watch our 2014 Contractor of the Year box a guy who outweighs him by 100 lbs. in the Golden Gloves
You don’t get very far in the construction business without a competitive spirit, the ability to duke it out, to hang in there for the count, give as good as you get. In the case of Equipment World’s 2014 Contractor of the Year, Jeremy Hiltz, of Ashland, New Hampshire, those words are more than metaphors. […]
April 22, 2014
Business
The top 5 best-selling new and used construction equipment during 1Q 2014
Almost 28,725 new and used machines in the top 11 types of construction equipment* were financed during the first quarter of 2014, according to Equipment Data Associates. This compares to the 30,260 new and used machines in these categories financed during the same quarter of 2013, a 5-percent decline. Compact units with their lower prices […]
April 22, 2014
Business
February brings typical downturn for number of new, used construction machines sold
As is typical during the month of February, financed sales of new and used equipment took a dip from January figures, according to information released by Equipment Data Associates. EDA, a division of Randall-Reilly, which produces Equipment World, tracks and reports Uniform Commercial Code-1 filings on financed equipment. There were 4,286 new financed units sold […]
April 21, 2014
Business
Ohio DOT embarks on its largest construction season ever with 936 projects
The Ohio Department of Transportation has announced that the 2014 construction season will be its largest ever. ODOT says the season is made up of 936 projects statewide totaling $2.5 billion. Most of the funding will come from the Ohio Turnpike which will provide $1.5 billion over the next six years. This year’s season includes […]
April 21, 2014
Roadbuilding
Roundabouts And Intersections: Two Traffic Control Devices, Many Options
Roundabout design was once a task that drove engineers around the bend. Accounting for so many variables in the early stages of design was difficult to manage. If one changes an approach leg angle, how does that impact design? When you know the capacity requirements, how does that impact the size of the center radius? […]
April 18, 2014
Business
Why Cummins is bringing next-gen engine, truck technology to China before the U.S.
I hate math. And math hates me. But I’m going to put aside my loathing of this particular discipline for a moment to illustrate why it seems like every company on the planet today is obsessed with China. Cummins Engine has been a national player in China since the late 1970s and reaffirmed its commitment […]
April 18, 2014
Business
Transportation Sec. Foxx asks taxpayers to call Congress, demand long-term highway bill in road tour stop
Secretary of Transportation Anthony Foxx says a short-term solution won’t do this go-around for transportation funding, and he’s on the road this week pushing the Obama administration’s four-year $302 billion plan and making localities and citizens aware of the Highway Trust Fund’s nosedive. Foxx spoke in Birmingham, Ala., Wednesday in the eighth stop of his week-long Invest in […]
April 18, 2014
Business
Despite slow start to 2014 and concerns, top construction economists forecast growth in spending and jobs
The outlook from respected economists in the construction industry continues to be mixed as all the elements for growth are there but several factors could limit or hurt the industry’s ongoing recovery. Bernard Markstein, chief economist at Reed Construction Data, Kermit Baker, chief economist at the American Institute of Architects and Ken Simonson, chief economist […]
April 17, 2014
Business
How the latest Obamacare update affects your business
The employer mandate under the Patient Protection and Affordable Care Act (PPACA)—a.k.a. Obamacare—originally required companies with 50 or more full-time employees to offer affordable health care coverage to employees and their dependents (an employee’s child younger than 26 years old) by 2015 or face big fines But now, in the mandate’s second delay, these companies […]
April 17, 2014
Business
United Rentals cites strong start for 1Q, will add $750 million in fleet this quarter
United Rentals says it will bring in $750 million in fleet in the second quarter, the result of a strong 2014 start, with “notable year-over-year growth in rates, time utilization and volume,” according to CEO Michael Kneeland. The company announced first quarter results Tuesday, saying rental revenue had increased 9.7 percent year-over-year. Total revenue was […]
April 17, 2014
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