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Business: Page 36
Business
Deadline Looms for Section 179, Bonus Depreciation for 2023 Equipment Buys
Section 179 hits a historic high deduction level, while bonus depreciation drops for first time since 2017.
December 5, 2023
Safety & Compliance
Three Florida Contractors Fined Total of $131K for Trench Violations
According to OSHA records, the trench at the jobsite lacked any shoring or a trench box to prevent any cave-ins.
December 4, 2023
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February 19, 2025
Business
Florida Man Gets 30 Months in Prison for Helping Contractors Evade Taxes
He conspired with subcontractors to pay undocumented workers “off the books” in return for $2 million and a lavish lifestyle.
November 30, 2023
Telehandlers
12-Year-Old Steals Telehandler, Hits 10 Cars in Police Chase (Video)
The slow-speed chase lasted over an hour as the boy led officers down four-lane roads and through area neighborhoods, striking 10 cars along the way.
November 29, 2023
Dealers
Deere Forecasts Downturn in Construction Sales in 2024
The company's net income grew in Q4 2023 and the full year, driven by solid market conditions, differentiated products, and strong execution.
November 29, 2023
Market Pulse
ARA Forecasts Softening But Continued Rental Growth in 2024
Predictions of a recession never materialized, and housing markets have been more resilient than expected as the year comes to a close.
November 28, 2023
Safety & Compliance
OSHA Proposal Could Allow Union Reps on Inspections of Non-Union Sites
Contractors associations argue the rule would undermine OSHA’s authority as an impartial investigator and open a back door to unions.
November 28, 2023
Business
How and Where Infrastructure Law Funding Has Been Spent So Far
Since the five-year $1.2 trillion plan was approved in 2021, $400 billion has been targeted to 40,000 projects.
November 27, 2023
Dealers
4Rivers Equipment to Acquire 3 Honnen Equipment Locations
Deere dealer Honnen Equipment continues to divide and sell its locations. 4Rivers Equipment is the latest buyer, picking up three locations in Colorado.
November 23, 2023
Business
FMI Study Reports Decline in Construction Labor Productivity
About half of respondents to 2023 Labor Productivity Study reported declining productivity.
November 22, 2023
Business
Sany to Open North Carolina Distribution Center
The 500,000-square-foot warehouse and distribution center is just miles from the Port of Wilmington, which the manufacturer intends to use for shipments of its heavy equipment.
November 22, 2023
Dealers
German-Based Ferronordic Acquires One of Volvo CE's Largest U.S. Dealers
Ferronordic, a Volvo CE dealer with 28 locations in Germany and Kazakhstan, is expanding into the U.S. market by purchasing Rudd Equipment Company.
November 21, 2023
Roadbuilding
Burned L.A. I-10 Freeway Reopens in 8 Days – Way Ahead of Schedule
24/7 work enabled traffic to return to one of the busiest freeways in the U.S. before Monday morning rush hour.
November 20, 2023
The Dirt
Chevron’s Delo Dropping Conventional Oils from Heavy-Duty Diesel Lineup
On this episode of The Dirt, we hear from a Chevron engineer who tells us why the shift and what it means for customers.
November 17, 2023
Business
Mack, union reach deal to end strike
Mack Trucks' UAW members, roughly 3,900 Mack employees, had been on strike since Oct. 9.
November 15, 2023
Business
Goodyear Shedding Off-Road Tire Business in Shakeup
Citing its position behind its larger competitors in the segment, Goodyear is seeking to sell its construction and mining tire line.
November 15, 2023
Roadbuilding
Burned L.A. I-10 Freeway Expected to Reopen in 3-5 Weeks, Governor Says
The structure, closed since the November 11 blaze beneath it, will not have to be demolished. Meanwhile, an arson investigation is underway.
November 14, 2023
Contractor of the Year
From Widow to CEO: Wife Steps in to Run Virginia Construction Business
Marcia Hudgins was ready to ease into retirement when her husband, Lester – founder of Hudgins Contracting Corporation – was diagnosed with pancreatic cancer. She stepped up to keep his legacy alive.
November 14, 2023
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