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Business: Page 153
Business
25% of U.S. bridges declared deficient in 2012
According to a report from our sister site Better Roads, 25 percent, or 151,845 of all U.S. bridges were classified as deficient in 2012. Those numbers were a part of the U.S. Government Accountability Office ‘s(GAO) testimony last week before the Senate Commitee on Appropriations’ Subcomittee on Transportation, Housing and Urban Development, and Related Agencies, Better […]
June 18, 2013
Business
JCB taps Graeme Macdonald to succeed Alan Blake as CEO
JCB has announced that Grame Macdonald will be the company’s next chief executive officer. Macdonald will succeed current CEO Alan Blake who will retire at the end of the year. Macdonald, 45, was named CEO Designate on June 1. The company only recently made the announcement. Macdonald has been with JCB for 16 years and […]
June 17, 2013
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February 1, 2026
Business
Trimble adds weighing capabilities to Connected Site with acquisition of Actronic Technologies
Trimble’s Connected Construction Site will receive a bit of an upgrade thanks to the company’s recent acquisition of Actronic Technologies. Actronic produces weighing technology and payload information systems for construction, aggregate, mining and waste markets. Financial terms of the deal were not disclosed, but the acquisition includes Actronic’s Loadrite system, which will add weighing capabilities to […]
June 17, 2013
Business
Meet with the experts at the Construction Symposium Aug. 20-22
Each year in August, the whole Equipment World team packs up, hops the next plane to Dallas and sets up shop at the Omni Hotel to host the Construction Symposium. It’s always a good time thanks to all the interesting and gracious people that make up this industry who are eager to meet one another and […]
June 14, 2013
Dealers
Report: SDLG wheel loaders will soon appear in North American Volvo dealerships
Diesel Progress magazine reported today that SDLG wheel loaders will be introduced in North America later this year. SDLG, a Volvo Construction Equipment brand sold primarily in China and Russia, will be distributed by Volvo dealerships here, reports the magazine. In responding to requests for further information, Volvo stated: “Since Volvo CE acquired more than […]
June 12, 2013
Business
Home prices see biggest gains in 7 years
In May, home prices saw their biggest gains in 7 years, according to a report from the New York Times citing data from the Standard & Poor’s Case-Shiller home price index. The index of home prices, which covers 20 U.S. cities, indicated a 10.9-percent gain over last year at the same time. That’s the biggest increase […]
June 12, 2013
Business
Senate Committee approves nomination of Anthony Foxx for Secretary of Transportation
As expected, Charlotte Mayor Anthony Foxx’s confirmation as the next U.S. Secretary of Transportation is going smoothly. On Monday, the Senate Committee for Commerce Science and Transportation approved his nomination, according to our sister site Better Roads. Foxx’s nomination will now go before the full Senate. The Senate committee’s chairman, Jay Rockefeller, D-WV, urged committee […]
June 12, 2013
Business
Recent talks suggest Congress has put transportation funding on the back burner
After attending last week’s Transportation Construction Coalition (TCC) fly-in visit with Congress, John Latta, the editor of our sister site Better Roads, writes that the overall feeling among the contractors and agency officials that were there is that lawmakers do not share their sense of urgency about securing funding for transportation infrastructure. “A common theme they heard […]
June 11, 2013
Business
A pros-and-cons overview of available options for funding transportation infrastructure
The partial collapse of the Interstate 5 bridge over the Skagit River near Seattle has put a big and bright spotlight on the need for more funding for transportation and infrastructure needs in this country. Now attention turns to the lawmakers tasked with figuring it out. During a meeting in Washington, D.C. of the Transportation […]
June 10, 2013
Business
Arrest of excavator operator in Philly building collapse raises questions about marijuana legalization, contractor regulations
After an investigation of what caused the demolition of a downtown Philadelphia building to turn deadly, a 42-year-old equipment operator named Sean Benschop turned himself in to authorities Saturday night after a warrant was issued for his arrest. According to the Associated Press, a toxicology report found that Benschop was allegedly high on marijuana as […]
June 10, 2013
Business
New Apple HQ will create 9,200 construction jobs
In addition to adding a ton of green space to the town of Cupertino, Apple’s planned second campus and headquarters will contribute greatly to the city’s economy. According to a report from Bloomberg, the new HQ will create “9,200 construction jobs and $38.1 million in one-time construction taxes and fees for the city.” Apple already […]
June 7, 2013
Business
LaHood expects big Obama announcement on transportation, comments on I-5 bridge collapse
During a recent talk before the Transportation Construction Coalition (TCC) in Washington, D.C., outgoing Transportation Secretary Ray LaHood told those in attendance to expect a big announcement from President Barack Obama later this year concerning transportation infrastructure. “Once we get past immigration, guns, the sequester, I think the President is going to be big and bold […]
June 6, 2013
Roadbuilding
In Court: A Problem of Deviation
The key test is whether the bidder can be held to perform after taking into consideration all bid deviations so there would not be a competitive advantage over other bidders.
June 5, 2013
Roadbuilding
When the Cold Storms Come
Winter road maintenance gets ready for the toughest season.
June 5, 2013
Business
Are you poised to fail?
Know your Business series, Part II He overinvested in equipment. He bought too many shiny new trucks. He borrowed a lot at the wrong time. He didn’t know how to manage money. The work just dried up. Sound familiar? If you’re a contractor who made it through the recession, these are some of the […]
June 5, 2013
Business
Believe it or not, most Americans think good roads are more important than their iPhone or TV
To say the findings of a recent study reported on by our sister site Better Roads are a bit shocking is an understatement. Maybe the understatement of the year. Be honest. If you had access to a swath of the American population and could ask them what they value more than their iPhone or cable […]
June 5, 2013
Business
CNH board to hold final vote on Fiat Industrial merger July 23rd
CNH announced today that its Board of Directors will hold the final vote concerning the pending merger with Fiat Industrial on July 23. Fiat Industrial, which owns 87 percent of CNH’s outstanding shares has committed to vote in favor of the merger. The news comes about three and half months after CNH’s Board of Directors […]
June 4, 2013
Business
Construction spending up 0.4% in April despite another dip in government spending
Spending on construction projects in the United States rose 0.4 percent in April, continuing a volatile trend in 2013 of ups and downs, according to data released by the U.S. Commerce Department Monday. After dropping 4 percent in January, spending rose in February only to drop again in March. But in April things are back […]
June 3, 2013
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