Business: Page 9

Equipment rental
Equipment Rental Rates Rising – Some Dramatically, EquipmentWatch Reports
The latest report shows the construction and industrial equipment rental markets continuing a four-year growth trend.
May 8, 2025
Dealer Credit Buzbuzzer Getty
Safety & Compliance
NTSB: Gas Line Struck Before Deadly Missouri Explosion Wasn't Marked by Locator
An explosion killed a 5-year-old boy after a subcontractor hit a natural-gas line that a new NTSB report says was not marked by the utility locator.
May 7, 2025
An explosion April 9 in Lexington, Missouri, that killed a 5-year-old boy followed a subcontractor striking a natural-gas line that a new NTSB report said was not marked by the utility locator.
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October 9, 2025
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Market Pulse
Case, New Holland Parent CNH Reports Q1 Construction Sales Drop 22%
Sales were down across the board, and continued declines are forecast for the rest of the year.
May 6, 2025
Production hours on manufacturing construction equipment was down 19% year-over-year in the first quarter.
Dealers
Industry Roundup: Sakai Moves Compactor Production from Japan to U.S.
Now, all its soil compactors sold in U.S. will be manufactured here. Plus, Cat dealer's new locations, New Hyundai dealer, Takeuchi's top dealers.
May 6, 2025
Sakai isn’t the only company to announce production moves/investments in the U.S. since President Donald Trump began increasing tariffs.
Market Pulse
Komatsu Construction Sales Rose 5% in Fiscal Year 2024, but Decline Forecast for 2025
The Japan-based company expects tariffs to add $550 million in costs this fiscal year.
May 5, 2025
Total net sales are expected to decline 8.8% year-over-year in fiscal year 2025 to just over $26 billion.
Market Pulse
Poll: 51% of Contractors Will Buy at Least One Piece of Heavy Equipment in 2025
Contractors buying more than 3 machines this year pointed to influences including a strong economy and pricing, according to our online poll.
May 2, 2025
Contractors On Jobsite
Roadbuilding
Vegas-to-L.A. High-Speed Rail Project Lands $2.5 Billion in Bond Sales
This new funding will go toward constructing the 218-mile rail line in the median of Interstate 15.
May 1, 2025
The system is estimated to cost $12 billion, and the federal infrastructure law already provided $3 billion.
Business
How a Chinese Construction Equipment Manufacturer and Dealer are Handling Trump’s Tariffs
LiuGong North America and a U.S. Sany dealer discuss their plans for weathering the trade war.
May 1, 2025
Andrew Ryan, president of LiuGong North America, says the company has taken steps to minimize price increases on new equipment related to tariffs.
Market Pulse
Caterpillar Reports 24% Drop in North American Construction Equipment Revenue
Caterpillar expects a $250 million to $350 million hit in the second quarter from tariffs.
May 1, 2025
Caterpillar said it expects an additional cost headwind of $250-$350 million in its second quarter from tariffs, net of initial mitigation actions and cost controls.
Business
Roberts Elected President of Associated General Contractors of America
The past AGC vice president founded the heavy and civil construction company ERS based in Jackson, Mississippi.
April 30, 2025
Todd Roberts, new Associated General Contractors of America president
Contractor of the Year
How Roller Compacted Concrete Transformed This Iowa Contractor's Business
RCC doesn't require formwork, rebar or hand finishing - but it can be finicky. Here's how Anderson Commercial Concrete is succeeding with it.
April 30, 2025
Anderson Concrete Thumb
Roadbuilding
State DOTs Reflect on Damage, Recovery 7 Months after Hurricane Helene
North Carolina, Tennessee and South Carolina roads and bridges still need work after the Category 4 storm.
April 29, 2025
A screenshot from an NCDOT video showing the I-40 washout near the Tennessee state line.
Contractor of the Year
"Going Nuclear" – 2025 Contractor of the Year Safely Demolishes Dangerous Sites
American Demolition and Nuclear Decommissioning travels the country tearing down large contaminated structures and is our contractor of the year.
April 28, 2025
American Demolition & Nuclear Decommissioning won a contract in 2010 to demolish a cooling tower at the Savannah River Nuclear Site in Aiken, South Carolina.
Roadbuilding
TxDOT Awards Fluor $671M State Highway 6 Expansion Project
The 12-mile corridor experienced almost 1,700 crashes and nine deaths between 2014 and 2018.
April 28, 2025
Texas SH 6 serves as a key commuter route for the cities of Bryan and College Station, Texas A&M University and Brazos County.
Roadbuilding
Asphalt Contractor Will Pay $1.3M for Alleged False Quality Tests
Anderson Brothers Construction Company allegedly submitted falsified asphalt quality reports for five years.
April 25, 2025
The United States government will receive $660,761, and the State of Minnesota will receive $634,849.
Business
Volvo CE Reports 18% Drop in North American Net Sales
The company said its North American construction market had declined from high levels as dealer and rental fleets normalized.
April 25, 2025
Volvo’s global construction net sales in the quarter were $2.2 billion, down 8% year-over-year from $2.4 billion.
Business
Chinese Manufacturer Ordered to Remove Copy of Tobroco-Giant Loader from Bauma
Tobroco-Giant sued to remove a copy of a Giant G2700 small articulated loader it said it found at Chinese manufacturer Haihong's exhibit at Bauma.
April 24, 2025
Tobroco-Giant sued to remove a copy of a Giant G2700 small articulated loader it said it found at Chinese manufacturer Haihong's exhibit at Bauma.
Business
Yanmar CE Taps Equipment Dealership Leader as North American President
Anna Christine Sgro is Yanmar Compact Equipment’s new president, bringing over 25 years of heavy equipment experience to the role.
April 24, 2025
Sgro has held leadership positions with two heavy equipment distributors in her career.
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Top Stories
Develon Dx62r Thumb
Compact Excavators
Closer Look: Develon’s Reduced Tail-Swing DX62R-7 Mini Excavator
At 6.2 metric tons and 57.5-horsepower, the compact excavator has 7 inches of side overhang and zero rear overhang for work in tight areas.
Bobcat Newest Mini Track Loader
Compact Utility Loaders
Closer Look: Bobcat's Largest Mini Track Loader Packs Power & Precision
The Kubota RTV-X Long Bed can be converted to flat bed with its adjustable side rails and tailgate.
Compact equipment
Kubota Launches New RTV-X Long Bed UTV for 1,200-lbs. of Hauling
The ML180 was fitted with a small 'prototype' sticker toward the rear at Utility Expo.
Compact Utility Loaders
Vermeer Gives Sneak Peek of its Largest Mini Track Loader: A Prototype ML180
Bobcat MT100
Compact Utility Loaders
Quick Data: Top-Selling Compact Utility Loaders for 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.
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