Business: Page 2

Regulations
Steep Section 232 Tariffs Hit Construction Equipment, Parts
Dozers, graders, wheel loaders, excavators, cranes, their engines and parts are among 407 categories facing steep new steel and aluminum tariffs.
August 25, 2025
Excavator Heavy Haul Getty Images 181069733
Roadbuilding
Elon Musk’s Boring Company to Build 10-Mile “Music City Loop” in Nashville
The “Music City Loop” would carry passengers in Teslas in 10-mile underground tunnels.
August 22, 2025
A Tesla moves passengers through the Las Vegas Loop.
Sponsor Content
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February 1, 2025
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Roadbuilding
Proposed $300M Sacramento "Basket Handle" Bridge to Replace 113-Year-Old Span
The project’s lead architect, TYLin, won the bridge’s design competition with its “Spring” concept.
August 21, 2025
Architect TYLin won the bridge’s design competition with its “Spring” concept: an 860-foot-long, 100-foot-wide span with a 300-foot-long basket-handle network tied-arch lifting span.
Roadbuilding
State House Bill Calls for Feasibility Study of Proposed I-73 Through Ohio
The proposed 270-mile interstate would start near Michigan and extend to the Kentucky/West Virginia border.
August 20, 2025
An Ohio State House bill calls for a $1.5 million feasibility study for a proposed I-73.
Roadbuilding
Watch Crews Blow Up 92-Year-Old, Historic Nebraska Bridge (Video)
Built in 1933, the deteriorated Loup River Bridge in Columbus is being demolished to make way for a new span.
August 19, 2025
Two sections of the Loup River Bridge were dropped earlier this month.
Market Pulse
Deere Reports 26% Drop in Q3 Profit; Construction Equipment Sales Slide
Ongoing tariff wars and an increasingly competitive North American construction equipment market continue to hit revenue and profit.
August 19, 2025
The John Deere 320 P-Tier, part of the company's new generation of backhoes.
Roadbuilding
USDOT Overhauls $5B Electric Charging Infrastructure Program, Cuts Biden-Era Requirements
New guidance ends a six-month freeze on funding to states for EV charging stations approved by Congress under the 2021 infrastructure law.
August 18, 2025
USDOT says 84% of NEVI funds were unobligated when the program was frozen several months ago.
Roadbuilding
Dali Ship Owners Sue Hyundai Heavy Industries for Deadly Key Bridge Collapse
The Dali’s owner hopes to recover costs, including those from multiple lawsuits against it, from the manufacturer of the ship's switchboard.
August 15, 2025
The U.S. Coast Guard escorts the Dali from Baltimore to Norfolk, Virginia, June 24, 2024, after the cargo ship crashed into the Key Bridge, causing its deadly collapse three months earlier.
Business
How Contractors Can Save Hours Per Week with ChatGPT
Use these four ChatGPT prompts to speed up RFIs, meeting notes and more, saving hours of time and money each week.
August 15, 2025
Getty Images 2218538089
Contractor of the Year
Never Give Up: Widow Transforms Loss into Underground Construction Success Story
After tragedy struck, Dana Hood chose to grow – now her underground utility company is thriving across multiple markets.
August 14, 2025
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Dealers
Tariff Uncertainty Tops Equipment Dealers’ Concerns in 2025 EquipmentWatch Report
Most responding dealers describe their 2025 equipment market outlook as “concerned” or “very concerned.”
August 14, 2025
Tariff uncertainty was the single biggest economic disruptor for dealers in 2025, cited by 70% of respondents.
Safety
2 Workers Die, 1 Injured on Sewer Installation Project in Alabama
Three men entered a 20-foot-deep manhole, but only one was able to climb out on his own.
August 13, 2025
Mobile Fire-Rescue conducts emergency rescue operations August 11 at a sewer installation project in Mobile, Alabama, where two workers in a manhole died.
Business
Toro Sells Trencor and American Augers’ Boring Business
The sale is part of Toro's strategy to focus more on underground construction equipment.
August 13, 2025
Trencor's T16 tracked trencher
Business
Mixed Q2 Results for Top Contractors: Fluor, Tutor Perini, Granite, Skanska
After a strong first quarter, two of the four publicly traded companies reported total revenue increases in the second quarter.
August 12, 2025
Two of the four publicly traded companies reported total revenue increases in the second quarter.
Business
Granite Construction Acquires Warren Paving, Papich Construction for $710M
Absorbing both companies means Granite’s aggregate reserves and resources will expand by 30%.
August 11, 2025
A Warren Paving barge transportation construction materials
Roadbuilding
Missouri’s Largest-Ever DOT Contract: I-70 Widening Project Moves to Phase 2
This $600 million project falls under a $2.8 billion statewide program to add a third lane to the interstate in each direction.
August 8, 2025
A rendering of what the finished three-mile corridor will look like.
Market Pulse
Caterpillar Construction Equipment Sales Drop 7% in Q2 Amid Higher Tariffs
The company expects new, higher tariffs to cost it $1.3 billion to $1.5 billion in 2025.
August 8, 2025
Despite the decline, Caterpillar expects third-quarter sales and revenue to grow modestly year-over-year.
Market Pulse
Contractors Busy, Mostly Optimistic Despite Rising Costs and Tariffs
Contractors we heard from and recent reports indicate steady going for construction, but some also forecast revenue declines.
August 7, 2025
Negative forecasts were driven by factors including general uncertainty in the market and rising costs.
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Top Stories
The Cat 340 is the top-selling new financed excavator over 10 metric tons in the U.S., according to EDA by Fusable.
Excavators
Big Year for Excavators with Lots of New Models – Buyer’s Guide 2025
The latest in excavators from Bobcat, Case, Caterpillar, Develon, Hitachi, Hyundai, JCB, John Deere, KOBELCO, Komatsu, Link-Belt, Volvo and more.
2026 Can Am Defender Hd11
Compact equipment
Can-Am Redesigns 2026 Defender UTV: More Power, Smarter Tech, Added Comfort
2026 GMC Sierra 1500 AT4X and Denali Ultimate
Pickups
2026 GMC Sierra 1500 Revealed: Choice of 8 Trims, 4 Engines
Tlr113 Thumb
Compact Track Loaders
Closer Look: Takeuchi's First EH-Controlled Compact Track Loader
Kubota Kx040 4
Market Pulse
Quick Data: Top-Selling Mini Excavators in 2024-2025
Equipment World Contractor of the Year
The Contractor of the Year contest recognizes contractors who have annual revenues of between $3 million and $20 million and exemplify the highest standards of construction professionals.
Learn More
White Papers
HOW TO IDENTIFY DAMAGED OFF-THE-ROAD TIRES
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