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Business: Page 145
Business
IBTTA report busts 5 myths about highway tolling’s ability to fund infrastructure
A new report from the  International Bridge, Tunnel and Turnpike Association (IBTTA), argues that tolling is a viable solution to America’s transportation funding dilemma. The report is summed up in a recent post by our friends over at Better Roads. Congress has transferred more than $53 billion from the general fund to the transportation fund in order to compensate […]
November 4, 2013
Dealers
Quick Data 11/13: Excavators
November 1, 2013
Sponsor Content
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February 1, 2026
Business
In campaign to end the skilled worker shortage, Mike Rowe unafraid of reaching into both sides of the aisle
As part of his Profoundly Disconnected campaign to make students and, really, the country in general, aware of the opportunities and good money available to those who choose a career in the trades, Mike Rowe has been making a lot of appearances lately. A little while back he appeared on Bill Maher’s HBO show “Real […]
October 30, 2013
Business
Cummins sees slight bump in 3Q profits, but cuts outlook due to lower earnings
Despite lower earnings compared to the same quarter last year, Cummins reported a slight increase in third quarter profits thanks to improved revenues and cost reduction measures. “Material cost savings, productivity gains and lower warranty expenses all contributed to the improvement,” Tom Linebarger, Cummins chairman and CEO, said in a prepared statement. The company reported […]
October 30, 2013
Business
Komatsu sees slight decline in sales in first half of year, cuts profit forecast by 26%
Citing a decrease in demand for mining equipment, Komatsu announced decreases in both sales and operating income for the first six months of its fiscal year. In the last six months, the company reports that net sales were down 0.6 percent to 925.1 billion yen ($9.46 billion) compared to the same period last year. Operating […]
October 29, 2013
Business
3 smart strategies to try in your construction business from a successful landscaper
We’ve all heard stories of unconventional entrepreneurs taking the path less traveled to success. The challenge lies in finding practical ways to apply alternative strategies to your own business. Terry Sims of the Garden Artist in Boise, Idaho, has taken her landscape design firm to the top of her field using smart strategies. And though […]
October 29, 2013
Business
Three construction economists forecast growth in construction spending through 2017, note causes for concern
Giving their opinions on how they see things shaking out in the remainder of 2013 and how things will shape up for 2014, three construction industry economists painted a fairly positive picture of growth with a tinge of uncertainty, according to a report from SmartBlogs. Kermit Baker, chief economist at the American Institute of Architects, […]
October 28, 2013
Business
ConExpo-ConAgg 2014 kicks off March 4 with full lineup of equipment education sessions
With 2,400 exhibitors and more than 2.3 million square feet of exhibits, next year’s ConExpo-Con/Agg will live up to its billing as North America’s largest construction equipment trade show. Of special interest to our crowd will be the Equipment Management and Maintenance education track, produced in cooperation with the Association of Equipment Management Professionals. These […]
October 28, 2013
Business
Volvo CE maintains outlook as 3Q operating income falls 17%
Citing weak demand and “no clear sign of a global recovery in the sector in sight,” Volvo Construction Equipment saw decreases in third quarter sales and operating income. Net sales for the company dropped 7 percent to 12.278 billion SEK ($1.9 billion). Volvo CE says sales were mainly affected by “lower activities in the global […]
October 25, 2013
Business
Despite increase in 3Q operating income, Terex edges down outlook after slight decrease in sales
Following a rough second quarter, Terex announced today that despite a decrease in net sales over the same period last year, it saw improvement in operating income in the third quarter. Terex reported net sales of $1.810.6 billion in the third quarter, down 0.6 percent from $1.822.0 billion in the third quarter of 2012. Operating income […]
October 24, 2013
Business
Caterpillar 3Q profits down 44%, cuts outlook for 2013 once more
Caterpillar is reporting another down quarter due to decreased mining demand with third quarter sales and revenues down 22.5 percent and profits down 44 percent from last year. The company announced today third quarter sales and revenues of $13.423 billion, down from $16.556 billion in the third quarter last year. Third quarter profits fell from […]
October 23, 2013
Business
Construction spending up 0.6% August to 4-1/2-year high
Construction spending in the U.S. rose by 0.6 percent in August to its highest point since April 2009, according to preliminary data from the Commerce Department. According to the data, total construction spending rose to $915 billion in August. The total marks a 7.1-percent improvement over the same time last year. The boost comes thanks […]
October 22, 2013
Business
Construction industry adds 20k jobs in September to 4-year high
During September, U.S. construction companies added 20,000 workers, bringing the industry’s workforce to a four-year high. A total of 5.826 million Americans are employed in the industry, the highest number since 5.851 million were employed in August 2009, according to data from the Bureau of Labor Statistics. September’s total is 3 percent higher than the […]
October 22, 2013
Business
Volvo CE president Pat Olney is leaving the company
Volvo Construction Equipment announced this morning that company president Pat Olney is leaving the company at the end of this year. Olney will take a position in a “non-competing, large engineering company” based in the United States. In a statement this morning, Olney cited a 17-year career at VCE and stressed the change “was not an […]
October 21, 2013
Business
At GIE 2013, Tom Jackson to host session on the secrets of equipment owning and operating costs
If you happen to be going to the GIE+Expo next week in Louisville, Kentucky, stop by at the show’s new Friday breakfast workshop, 7:30 to 9:15 a.m, Room C-108. That’s where I’ll be hosting a session on “Calculating Your Equipment’s Owning and Operating Costs.” Why O&O costs? Because in 14 years of writing about construction […]
October 21, 2013
Roadbuilding
Design-Bid-Build vs. Design-Build
Understanding the process and what you need to know Author’s note: This article will attempt to answer the questions asked by the Area Construction Engineer in the scenario given as well as review the traditional “design-bid-build” process for construction projects, extensively explaining the process of the design-build process, highlight the difference between the two project […]
October 18, 2013
Business
8 top marketing tips for every excavation contractor
Marketing isn’t just for big companies and consumer products. Excavation contractors can use marketing tactics and strategies to advantageously position their company in the marketplace to win more bids and grow revenues while at the same time enhancing the company’s reputation. With the pressure of today’s low bid environment and get-it-done-yesterday job sites, it can […]
October 16, 2013
Roadbuilding
From Patching to Production
How one firm successfully expanded its paving operations . Until a few years ago, TC Construction Company Inc. was primarily an underground utility contractor that mixed in a little bit of everything else. Its offerings included wet and dry utilities; water and wastewater pumping stations; and small grading work. The firm even did some paving […]
October 11, 2013
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