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Caterpillar full-year earnings dip with bad 4Q; falling oil prices expected to drag 2015 down even further
For a second consecutive year, Caterpillar sales and profit have fallen. And in addition to the slump in demand for mining equipment that has plagued the company for the last two years, Cat is now contending with falling oil prices, causing the company to forecast another drop in sales for 2015. After ending a disappointing 2013 with […]
January 27, 2015
Dealers
Kenworth T880 named top work truck of the year by American Truck Dealers
The Kenworth T880 was named the American Truck Dealers’ Commercial Truck of the Year this weekend at the ATD Convention and Expo in San Francisco, besting the the Peterbilt 567 and the International WorkStar 7600. The trucks were judged last week by a panel of commercial trucking journalists and Greg Nauertz, a driver for YRC. […]
January 27, 2015
Construction Equipment
With drones and driverless dozers, Komatsu to begin leasing automated construction fleets
With consecutive showings on our annual Innovations awards, the Equipment World staff has talked pretty extensively about Komatsu’s Intelligent Machine Control (iMC) technology. Unveiled in 2013 alongside the D61i-23, iMC is now available on four Komatsu dozers and one excavator, the PC210LCi-10. The technology delivers automatic control from rough dozing through finish grading on dozers while […]
January 26, 2015
Business
California contractor sees latest emissions-compliant construction equipment as a competitive advantage
Andrew Allen, president of R. J. Allen Inc, has a different perspective on California Air Resources Board regulations, which require a certain percentage of a contractor’s equipment fleet be compliant with the latest emissions regulations. Allen, one of 12 finalists for the 2015 Contractor of the Year program, sees using Tier 4 Interim and incoming […]
January 26, 2015
Business
John Deere cuts 910 ag factory workers, adds 220 to construction equipment facilities
John Deere announced today that it would layoff 910 employees across five agricultural equipment factories in Iowa and Illinois as the company cuts costs in response to an ongoing global farming slowdown. The heavy equipment manufacturer said it would layoff 565 from three plants in Waterloo, Iowa, as well as 300 in Ankeny, Iowa and 45 […]
January 23, 2015
Construction Equipment
Excavator attempts a crane’s job, faceplants into a hole
We’re not really sure what was going through this crew’s mind when they thought this massive piece of rock could be hoisted by an excavator. Too many laws of physics are working against them. The weight of the rock. The length of that cable. The incline the excavator is sitting on. There’s plenty more wrong […]
January 23, 2015
Workforce
U.S. contractors optimistic about 2015 with 80% planning to make new hires, buy new equipment
After finishing 2014 with employment at nearly a six-year high, hiring within the construction industry is expected to expand at an even faster rate in 2015, according to a new survey and forecast from the Associated General Contractors of America. According to the survey, which solicited response from more than 900 construction firms in 48 […]
January 22, 2015
Construction Equipment
Volvo excavator takes off a sailor’s clothes in uncomfortable display of precision
If you’ve never been both mesmerized and extremely uncomfortable at the same time, but might like to try it out, boy does Volvo Construction Equipment have a video for you. To preface the below video, you’ve got to understand that Volvo is a company that loves unique demonstrations of their machines’ capabilities. Last year alone, […]
January 21, 2015
Safety
Demolition goes awry, excavator operator killed in tragic bridge collapse in Cincinnati
While working atop a bridge that crosses over Interstate 75 in Cincinnati late Monday night, the structure suddenly collapsed below an excavator operator, crushing and killing the man. According to a report from the Cincinnati Enquirer, 35-year-old Brandon Carl, was operating the machine when the Hopple Street bridge suffered a pancake collapse beneath him. Carl, engaged […]
January 21, 2015
Technology
Leica DISTO E7500 laser distance meter measures up to 500 feet
Tape measures only get you so far, and they’re not the fastest way to take measurements, especially when you have a lot of them. Leica Geosystems has introduced it’s DISTO E7500 laser distance meter with a 4X zoom capability that can take measurements up to 500 feet. In sunny conditions when the red laser point […]
January 20, 2015
Construction Equipment
How to spec out your pickup and construction work truck fleet to save on operating costs
Contractors and fleet managers spend a significant portion of their time looking for ways to control operating costs. Fuel is always a big portion of a fleet’s budget, so you may be considering strategies for reducing fuel expenses. There are many technologies, including telematics, that can reduce the total miles your fleet drives. Equipment that decreases unnecessary engine idle time […]
January 20, 2015
Business
ARA expects heavy equipment rental market to grow 8.5% to $26 billion in 2015
The American Rental Association said it expects the 2015 U.S. construction/industrial equipment rental market to grow 8.5 percent this year, reaching $26 billion. General tool rentals will grow 8.8 percent to $9.9 billion, the association predicts. “The industry growth forecast remains more than double that of the overall economy,” says Christine Wehrman, ARA’s executive vice […]
January 20, 2015
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