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Business: Page 96

Business
Coronavirus will likely have long-lasting impact on used truck market
With every North American truck maker having temporarily wound down production, the near-term forecast for new truck builds is dismal, and coronavirus-fueled trepidation will soon filter its way into the used market. The volume of 4-7 year-old trucks sold at auction, according to J.D. Power, was “healthy” in February, rebounding from a typically seasonally low […]
April 7, 2020
used-truck-768Ă—510
Contractor of the Year
Ohio’s Evans Construction specializes in relationships, “doing the unusual”
One of this year's Equipment World's Contractor of the Year finalists is Dean Evans with Evans Construction in Greentown, Ohio. Learn more about Evans here.
April 7, 2020
Screen Shot 2020-04-07 at 10.23.41 AM
Sponsor Content
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
Dealers
How dealers are making sure they can safely meet demand during the coronavirus
Dealers have the parts and personnel to keep the country going. While it’s tempting to concentrate on the immediate now, the fact to rely on the most is “this too shall pass.” But first, dealers must concentrate on keeping their employees and customers safe during the COVID-19 coronavirus outbreak. Here are some of the best […]
April 6, 2020
construction equipment
Roadbuilding
Pennsylvania DOT lifts construction pause on 61 projects shut down by coronavirus
On March 17 PennDOT halted road construction to prevent the spread of the COVID-19 coronavirus. The announcement to resume work was given on March 31.
April 6, 2020
transportation road work work zone road construction stock
Business
Survey: 35% of contractors seeing project backlog decreases as coronavirus impact grows
Editor’s Note: Make your voice heard in our next survey. How is coronavirus impacting your business? Click here to participate in the survey. Contractors are seeing deepening impacts as the COVID-19 coronavirus impact spreads throughout the nation, according to an Equipment World survey conducted Mar. 27-Apr. 1. When asked how their current project backlog has […]
April 3, 2020
Caterpillar 990K Aggregate Handler
ConExpo-Con/Agg
Thunder Creek Equipment expands size, versatility, options on new multi-tank equipment fluid handling trailers, truck bodies
Thunder Creek Equipment, which makes bulk diesel and diesel exhaust fluid handling and storage equipment, revealed two new fluid trailers and a new truck body at ConExpo 2020. The new units are designed to handle not just DEF but oil, fuel and other fluids. You can check out all the details on the new MTO, […]
April 3, 2020
Thunder Creek ConExpo 2020 Thumb
Business
How contractors are required to meet new sick and family leave requirements under coronavirus law
Though contractors with fewer than 500 employees must provide paid sick and family leave for employees affected by the coronavirus – unless they have fewer than 50 employees and receive an exemption – the stimulus relief package signed March 27 provides some cash-flow help for businesses having to meet this requirement. (For more details on […]
April 2, 2020
I-11_Concrete_14 nevada road crew road work construction workers road workers
Business
How to super-clean and disinfect construction equipment cabs against coronavirus
When the health and safety of your crew are on the line, apply these tips from automotive detailer Darren Priest to keep construction equipment clean.
April 1, 2020
Motor grader stock
Dealers
Are construction equipment dealers “essential” in the coronavirus fight?
Are construction equipment dealers 'essential'? Can you work during the coronavirus outbreak? These questions and more answered here on Equipment World.
April 1, 2020
Dealer fixing equipment
Business
Contractors can get grant-like forgivable loans under coronavirus relief law
Contractors may apply for forgivable loans to help maintain payrolls and other business expenses under the new coronavirus stimulus package. Details here.
March 31, 2020
shutterstock_55365469
Business
AGC survey: 39% of contractors say projects have been halted/cancelled in wake of coronavirus
The Associated General Contractors of America survey notes halted/canceled construction projects either underway or scheduled to start within the next 30 days.
March 30, 2020
Commercial construction site stock
Business
Terex: “We are shipping equipment,” as some plants suspend operations due to coronavirus
While some Terex plants remain open in the wake of the COVID-19 coronavirus outbreak, others are closed until dates in April, according to the company. “We are shipping equipment,” Terex says. “Parts operations, parts fabrication, service centers, logistics and shipping operations are running. “We remain well-positioned to serve customers through a number of channels,” the […]
March 27, 2020
Genie S-45 HF Boom_jobsite (1)
Dealers
Construction equipment dealers to contractors amid coronavirus: “We’re open.”
Dealers have two critical constituencies when dealing with the COVID-19 coronavirus: their employees and their customers. It’s a balancing act as dealers adjust to dealing with what they should and should not do during the virus outbreak. General Equipment & Supplies techs are sanitizing any shared tools, and sanitizing equipment cabs both before and after […]
March 26, 2020
Ditch Witch of Oklahoma safe distancing
Business
Cat to close some facilities due to coronavirus impact on demand as company withdraws 2020 outlook
Caterpillar announced Thursday that it will temporarily close some of its manufacturing facilities in response to the coronavirus outbreak. The company has also withdrawn its 2020 earnings outlook due to the economic uncertainty surrounding the global pandemic. The heavy equipment maker says that while the majority of U.S. facilities remain open and operational, operations have […]
March 26, 2020
Cat logo on CTL
Business
As coronavirus shuts down construction in parts of U.S., others accelerate work
It’s a mixed, fast-evolving picture when it comes to construction project shutdowns throughout the U.S. due to the coronavirus threat. And even in areas where all-out construction bans have taken place – Pennsylvania and Boston in particular – exceptions are being made. In Pennsylvania, for example, where the governor decreed projects shut down this past […]
March 24, 2020
construction hard hats
Dealers
ARA Member Survey: Rental revenues will “significantly deteriorate” due to coronavirus
After polling its members, the American Rental Association says “rental revenues are declining and are projected to significantly deteriorate in the coming months” due to impacts from the coronavirus crisis. As of March 16, 32.92 percent of  ARA’s construction/industrial and general tool/DIY member survey respondents say they’ve been experiencing up to 15 percent revenue loss; […]
March 24, 2020
Shutterstock aerial lifts
Contractor of the Year
Alaska’s Drake Construction is our 2020 Contractor of the Year
Equipment World’s 2020 Contractor of the Year goes to Drake Construction out of Alaska. Learn more and check out the video interview here on Equipment World.
March 23, 2020
Drake COY 2020 Thumb
Business
The Coronavirus and Construction Contracts: Does insurance cover work stoppages? Are you covered if your subcontactors cease work? It’s time to find out.
By  Meghan DiPerna, Kenneth H. Lazaruk and Brian A. Shue * As you have undoubtedly heard, coronavirus disease 2019 (COVID-19) is affecting the global construction industry. Notably, as of March 17, Boston halted all construction jobs in the city for two weeks due to the COVID-19 pandemic. This decision has affected approximately 21.4 million square feet of new or […]
March 23, 2020
PennDOT Route 11 bridge excavators bridge construction stock
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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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