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Business: Page 14
Business
Volvo Reports 16% Drop in 2024 Construction-Equipment Revenue
Volvo CE's overall adjusted operating profit for the full year 2024 was down 25% to $1.1 billion.
February 4, 2025
Dealers
Industry Roundup: Brokk to Distribute 2 More Electric Equipment Brands
The manufacturer of demolition robots is now a dealer for Ecovolve electric high-tip dumpers and Sherpa electric mini loaders.
February 4, 2025
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October 9, 2025
Roadbuilding
New USDOT Chief Duffy Takes Aim at Electric Vehicles, Other Biden Programs
His directives also "give preference to communities with marriage and birth rates higher than the national average" for federal funding.
February 3, 2025
Construction Equipment
Vermeer Acquires Ownership Share of Australian Vacuum Truck Manufacturer
VTI serves the civil construction, oil and gas, electrical, infrastructure, mining and drilling markets and manufactures all its machines in Australia.
January 31, 2025
Roadbuilding
Trump Administration Rescinds Order for Financial-Aid Freeze
Executive orders, memorandums and a lawsuit have made for a confusing few days for the roadbuilding and transportation infrastructure industry.
January 29, 2025
Market Pulse
Report: Equipment Finance Sector Poised for Growth Despite Economic Uncertainty
The trends outlined by the Equipment Leasing and Finance Association can help you make equipment buying and selling decisions in 2025.
January 29, 2025
Dealers
Industry Roundup: Herc Rentals Orders Hundreds of Volvo Mini Excavators
The two companies also partnered on the development of the final model of the Volvo EC37 compact excavator.
January 28, 2025
Roadbuilding
USDOT Ends U.S. Manufacturing Loophole for Federal-Aid Highway Projects
Starting October 1, tighter restrictions will limit foreign-manufactured products on federal-aid highway projects.
January 27, 2025
Roadbuilding
$75M Engineering Contract Awarded for Rebuild of Baltimore's Key Bridge
Pre-construction activities to replace the bridge, which collapsed when struck by a cargo ship, will begin this month.
January 24, 2025
Market Pulse
2025 Construction Executive Outlook: Terry Dolan, VP Case Construction Equipment
Dolan shares trends shaping Case CE's strategy in 2025, new technologies hitting the market and its greatest opportunities and roadblocks.
January 23, 2025
Roadbuilding
NYC's First-in-U.S. Congestion Toll Will Reduce Traffic, Add Revenue, City Says
The new toll of up to $9 with E-ZPass will cut traffic by 80,000 vehicles a day and add $15 billion in transportation funding, officials say.
January 23, 2025
Roadbuilding
Another Michigan Paving Executive Pleads Guilty to Bid-Rigging
A former paving company president faces up to 10 years in prison as part of an ongoing DOJ crackdown on the asphalt industry.
January 21, 2025
Mergers & Acquisitions
United Rentals to Acquire H&E Rentals in $4.8B Deal
One of the world's largest equipment rental companies would obtain H&E's 160 branches in 30 states to increase its U.S. market share.
January 16, 2025
Market Pulse
2025 Construction Executive Outlook: Al Quinn, CEO of Hitachi CMA
Quinn shares trends shaping Hitachi's strategy in 2025, its investment in up-and-coming technologies and its greatest opportunities and roadblocks.
January 16, 2025
Safety & Compliance
Operator Drowns After Amphibious Excavator Tips Over; Contractor Fined
The 26-year-old operator was trapped underwater, and his former employer faces four serious violations.
January 15, 2025
Roadbuilding
U.S. DOT Awards $4M in Grants to 16 Highway Construction Training Programs
The funds from the Federal Highway Administration aim to recruit and train workers for highway construction, maintenance and operations jobs.
January 15, 2025
Market Pulse
Contractors Optimistic About 2025, Despite Labor and Material Price Concerns
They cite concerns over Trump’s trade and immigration policies while noting a strong start to the new year.
January 14, 2025
Dealers
Industry Roundup: Firstgreen Appoints Brokk as North American Dealer
Brokk will carry Firstgreen’s entire equipment lineup, including the MiniZ 400 electric, compact remote-controlled track loaders.
January 14, 2025
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