State of the Construction Equipment Economy

October 18, 2021

Eqw Aemp Wp Cover

In this report learn the challenges currently facing equipment owners. EquipmentWatch addresses these concerns at a more specific level via our customer application and other product offerings, including:

Helping customers understand optimal disposition timing
Accurately accounting for the cost of equipment
Providing trusted unbiased, third-party fleet valuations

Our inaugural report outlines the behaviors, challenges, and potential outlook of today’s construction equipment economy.

Adobe Stock 225410051

Baltimore Bridge Report Says $57 Billion Needed For Highways

In the wake of the Francis Scott Key Bridge collapse, and the blockage of the United State's ninth largest port, TRIP highlights the increasing backlog of infrastructure deterioration and the need for more domestic funding.

Russell Standard Delaware Expansion 0083

Russell Standard Acquires Asphalt Terminal in Delaware, Expands Northeastern Reach

Exclusive comments from the company's CEO, Matt Johnson, about their latest moves, as well as, where they intend to take things in the near future.

This partnership signifies a significant expansion in access to Magni's telehandlers throughout both states.

MacAllister Enters Magni's Dealer Network of Telehandlers in Indiana and Michigan

With Magni's telehandlers now readily available through MacAllister, customers across Indiana and Michigan can expect enhanced efficiency, safety, and productivity on their projects

Oftentimes, project success depends on tooling choice.

How Different Blades Impacts Floor Scraper Performance

Selecting the right tool for the job is key — making the wrong choice could extend project timelines and boost costs significantly. Don’t let incorrect blades hold your surface preparation back.

Pending tax changes that will become law for 2023 and 2024 may give many contractors the opportunity to amend their 2023 tax returns and receive additional benefits that could reduce 2024 estimated tax payments.

How Potential Tax Changes May Impact Your Construction Biz

Pending tax changes may put cash in your pocket.

Adobe Stock 218328115

How Technology Can Change The Future of Skilled Trades

Those who embrace technology will gain a competitive advantage, allowing for data-driven decision making, enhanced productivity, more efficient workflows and better customer relationships.

Tips on Using Admixtures in Concrete for Hot Weather

The Heat is On: Hot Tips for Successful Hot Weather Concreting

How to effectively use concrete admixtures to increase the quality of concrete during the summer months.

HVO can be used interchangeably with petroleum diesel.

Mack Trucks Uses Hydrotreated Vegetable Oil as Fuel

HVO is produced from lipid sources, such as waste vegetable oils and tallow, reducing reliance on fossil fuels and greenhouse gas (GHG) emissions.

The need to transport skilled workers to remote locations not only incurs additional costs but also poses logistical challenges for contractors.

Personal Vehicle Programs Shuttle Workers to Remote Sites

One solution to address the challenge of mobilizing skilled workers to remote jobsites is the implementation of vehicle reimbursement programs.

Components that can improve visibility include rearview cameras, around-view monitor camera systems and sensors.

How to Prepare Equipment for Summer Extremes

From operator health to equipment maintenance, steps can be taken to protect the assets and people on construction sites.

A diagnostic tool provides comprehensive technical information for every make and model of construction equipment.

Diagnostic Tools Upgrade Preventive Maintenance

Equipment care can help revolutionize the construction industry.

For general contractors especially, the foreseeable future will focus on the digitization of processes and workflows, which will propel firms to increase their use of collaboration and management software.

The 4 Cs of Successful Construction Projects

The 4Cs are a roadmap for how to approach communal work, while IT and project information management are the avenues by which this work is coordinated.

Promo Thumb

No Edge Lines Season 2 Is Going Places

What do you do if you weren't "Raised On Blacktop" and you're also the editor for Asphalt Contractor magazine? You go to school! The soon to launch second season of No Edge Lines is headed to more than twice as many jobsites as season one!

300 Dpi 1500px Dcn920 F1

DEWALT Introduces 20V Max XR Cordless 21º and 30º Framing Nailers

The next-gen nailers are compatible with optional extended magazines, DZN920 and DZN930 (sold separately), which are constructed from high-strength magnesium and hold two strips of nails.

Charter Up Construction

Hidden Costs of Worksite Parking

Re-evaluating crew transportation logistics through the lens of shuttle services is not just an operational decision, it's a strategic investment in the future of construction project management.

A change for the new L30 and L35 is the addition of an eight-pin harness on the boom, which can be activated by a button on the joystick.

Volvo CE Updates L30 and L35 Compact Wheel Loaders

A change for the new L30 and L35 is the addition of an 8-pin harness on the boom, which can be activated by a button on the joystick.

Interop Annc V1

Autodesk to Improve Collaboration, Cloud Tools

The interoperability agreement with Nemetschek Group will allow the two companies to improve upon existing data exchanges and open new data-centric workflows that span disciplines and industries.

Rental Snapshot Tom Butts of Nor-Cal Equipment Rentals

Rental Snapshot: A Desire to be Unique

Celebrating its 20th anniversary in 2024, Nor-Cal Equipment Rentals has evolved into a unique, electrifying company. Part of that ingenuity comes from owner Tom Butts, who shares his insights in this month’s Rental Snapshot.

Rental Company Relationships with Suppliers and Rental Customers

How Relationships with Equipment Suppliers & Rental Customers Are Similar

There are a lot of parallels between the people selling equipment to rental companies and those who are destined to rent it out later.

Reputable sellers, UCC searches, and ensuring all paperwork is accounted for are all good practices to follow.

Buying Used Concrete Equipment? Beware of Hidden Liens

There's an uncommon-but-real issue that could crop up when buying any type of used equipment, and that’s buying equipment that unknowingly has a lien on it.

With a minimal working radius of 3 m and an out-of-work position of 10 m, the crane can be adapted to construction site conditions.

Liebherr Showcases 195 HC-LH 6/12 Hydraulic Luffing Jib Crane

With a minimal working radius of 3m and an out-of-work position of 10m, the crane can be adapted to construction site conditions.

While managing rental costs is crucial, contractors must also consider the quality of the equipment. Downtime due to equipment failure can be costly, impacting project timelines and overall efficiency.

Navigating Construction Equipment Rental Costs

A balanced focus on price, duration, and quality -- supported by strong supplier relationships -- is key to achieving efficient and cost-effective equipment rental management.

The electric-powered excavator can be charged rapidly using the PowerTree.

DEUTZ Highlights Eco-friendly Parts, Software

The company will showcase the TCD 3.9 engine in the sub-4 liter category along with an electric excavator, powered by DEUTZ Electric System, and the DEUTZ PowerTree mobile rapid charging system at INTERMAT.

Gerrit Marx.

CNH Names CEO

Gerrit Marx will succeed Scott Wine as of July 1.

The message is clear: as construction progresses into a new digital era, success will favor companies that empower their people with robust capabilities.

Preconstruction Support, Training Vital

The message is clear: as construction progresses into a new digital era, success will favor companies that empower their people with robust capabilities.

Adobe Stock 226955427

Designing an Effective Hiring Process

Getting the right people on your team is critical to the sustainability of your business. High turnover rates or underperforming team members can have a detrimental impact on your business and profitability.

Changing Colors: Yanmar Turns to Red

As part of the company's shift in market approach, execs explain the strategy behind the brand's 2020 departure from conventional yellow machine livery to today's Premium Red.