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Business: Page 94

Roadbuilding
Road contractors feel the pain as North Carolina DOT’s shortfall deepens
Due to overspending and coronavirus pandemic, the NCDOT is delaying hundreds of infrastructure projects causing contractors to cut jobs. Click for details.
May 27, 2020
DnPa_4-W0AA21e6
Business
Construction’s Coronavirus Reset: How to handle people and projects going forward
This is not the time to dust off your 2009 playbook. This recession has elements never before encountered. The differences are many: You’ve not seen widespread worker concern over viral contamination from others on the job. You’ve never had to consider the impact of anti-viral PPE and protocols on productivity. And never before have you […]
May 20, 2020
Jobsite coronavirus
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Choosing The Right Tire and Track Patterns for Maximum Productivity
Maxam Tire North America
July 7, 2026
Choosing The Right Tire and Track Patterns for Maximum Productivity
Business
Equipment makers bring out more new machine deals amid coronavirus downturn
Manufacturers and their dealers continue to ramp up their offers on new equipment buys in an effort to entice buyers in a down market. And one dealer is offering financing deals on all brands of used equipment and rental contract discounts. Here’s an overview of the offers we’ve come across, which are in addition to […]
May 19, 2020
Deere-Own-It-Offer
The Dirt
The Dirt Episode 1: Construction News & New Equipment Roundup + Case CE’s Brady Lewis Talks Project Minotaur and the DL550B CTL Dozer
Welcome to the first episode of our new weekly construction and equipment news show, The Dirt. In this week’s episode, we run down the latest equipment releases, the top stories in the construction industry and talk with Brady Lewis of Case Construction Equipment. Brady is the Program Manager for Project Minotaur and gives us a […]
May 18, 2020
The Dirt E01 Thumb Redo with Machine
Business
How long will it take for construction to recover from the coronavirus?
It may take at least 18 months for contractors to see a complete reconstruction of what was to be in 2020, before the outbreak of the coronavirus pandemic. But there is some good news, says Anirban Basu, chief economist, Associated Builders and Contractors. “It will be the shortest recession in history,” he declares. “By the […]
May 15, 2020
Ben Franklin in mask
Business
Astec faces coronavirus challenges with strong cash position, customer work backlogs, CEO says
Even though Astec Industries saw a decrease in sales this last quarter, many of their customers are still working and require critical Astec solutions.
May 14, 2020
RX-700e-PR-Image191
Business
How construction contractors can use mechanic’s liens to get paid
As the economy declines, Levelset CEO Scott Wolfe says contractors need to be prepared to protect their payment rights. Details on Equipment World.
May 11, 2020
Jobsite 2 shutterstock_578108425
Business
A deep dive into coronavirus guidelines for construction sites
The Department of Labor and OSHA's guidelines and contractor tips for protecting work crews from the coronavirus. Learn more here on Equipment World.
May 6, 2020
COVID-19 jobsite photo
Dealers
United Rentals: 2020 capex will be “down significantly” due to coronavirus
United Rentals, on track to post as-expected 1Q results, instead saw its rental revenues decrease 0.7 percent compared with the same quarter last year as the result of coronavirus impacts starting in mid-March. As with almost all other companies, UR has withdrawn its 2020 guidance. UR expects its 2020 capital expenditures will be down significantly […]
May 6, 2020
United Rentals UNIR_IMG11
Business
How the Coronavirus Pandemic Has Changed Construction Work
Over the last several weeks each of the editors here at Equipment World have spent much of our time trying to get a better understanding of how construction contractors have been impacted by the coronavirus pandemic here in the U.S. While several contractors we spoke with saw their work come to a halt, the majority that […]
May 5, 2020
How Coronavirus Changed Construction Thumb
Roadbuilding
Coronavirus adds to NCDOT’s budget woes, causing layoffs, project delays
The NCDOT recently laid off consultants and delayed projects due to continued efforts to regain lost revenue. Details and more information on Equipment World.
May 5, 2020
North Carolina state line welcome sign
Business
How construction contractors are working safely amid coronavirus threat
Trying to get a job done safely has taken on added significance as contractors deal with the coronavirus pandemic on the job. Contractors readily argue that their work has a natural social distancing aspect: operators are in cabs and those working around a machine are outdoors and typically far enough from each other to maintain […]
May 4, 2020
COVID-19 jobsite photo
Business
Deere to suspend construction equipment production, make more layoffs due to coronavirus impacts
John Deere says it will temporarily suspend production of construction and forestry equipment next week with plans to lay off employees next month. The equipment maker will suspend production at its Davenport and Dubuque facilities in Iowa beginning May 11, according to a report from the Quad-City Times. In Dubuque, Deere will also lay […]
May 4, 2020
Ew0220 Con Expo John Deere
Business
Weekly Coronavirus Contractor Survey: 24% expect backlog decrease
Editor’s Note: Make your voice heard in our next survey. How is coronavirus impacting your business? Click here to participate in the survey. When looking at how project backlogs will change in the next 30 days, fewer contractors say they are expecting a decrease, according to Week 5 of Equipment World ‘s survey of contractor sentiment about […]
May 1, 2020
excavator stock
Business
Cat makes more layoffs due to coronavirus impacts
Days after the company’s announcement of a 21-percent drop in sales and revenues, Caterpillar has announced another round of layoffs in response to the negative impacts of the COVID-19 coronavirus pandemic. According to reports from CIproud.com and the Peoria Journal-Star, Cat sent an “unspecified amount of employees” layoff notices on Thursday. Cat confirmed to both […]
May 1, 2020
Cat 395 excavator
Business
Are contractors willing to buy equipment in the midst of the coronavirus?
Whether contractors are willing to buy equipment now depends on whom you talk to. At present, the coronavirus has not changed municipal water and sewer contractor Ruby-Collins’ planned capital expenditures, says Andrew Cook, senior project manager with the Atlanta-based company. “We haven’t slowed down with any of the planned purchases we had,” he says. […]
April 30, 2020
Excavator with Off Road Truck
Dealers
AEM survey: 91% of construction equipment makers seeing decreased equipment demand due to coronavirus impacts
Ninety-three percent of respondents to a recent Association of Equipment Manufacturers survey said coronavirus impact on sales was either “very negative” or “moderately negative.” And 91.3 percent of respondents said a decrease in demand was the primary impact of the pandemic. Other impacts cited by respondents included supply chain disruptions (74 percent); financial impacts (64.4 […]
April 30, 2020
shutterstock_723993466
Business
How location is playing a critical role in the coronavirus impact on construction
Location, location, location. It’s much more than a real estate mantra these days; it determines how much of an impact the coronavirus is having on a contractor’s business. From being completely shut down due to state or local governmental edict, to having projects sped up because stay-at-home orders have reduced the impact of people and […]
April 29, 2020
General construction
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