Construction employment increased by 51,000 jobs in December, with gains for nonresidential as well as residential contractors, according to an analysis by the Associated General Contractors of America of government data released today. Association officials cautioned, however, that its latest survey shows widespread pessimism among contractors about the volume of work available in 2021, and they [...]
Pricing for articulated dump trucks declined in 2020 according to the latest Richie Bros. Used Equipment Market Trends Summary. Median pricing for articulated dump trucks has declined through 2020, from its high of $86,250 in Q1 to just over $54,000 in Q3. Pricing, however, did increase slightly in Q4 to $56,500 according to Ritchie Bros. Market [...]
March 2 Deadline for Employers in Construction, General rental centers, Commercial machinery repair and maintenance, and Lawn and Garden equipment and supply stores WASHINGTON, DC – The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) reminds employers that the agency will begin collecting calendar year 2020 Form 300A data on Jan. 2, 2021. Employers [...]
WASHINGTON, DC – Since the start of the coronavirus pandemic through Dec. 24, 2020, the U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) has issued citations arising from 294 inspections for violations relating to coronavirus, resulting in proposed penalties totaling $3,849,222. OSHA inspections have resulted in the agency citing employers for violations, including failures [...]
Dwindling List Of Project Starts Forces Contractors To Lay Off Workers Houston-The Woodlands-Sugar Land and Brockton-Bridgewater-Easton, Mass. Have Worst Year-over-Year Losses, While Phoenix-Mesa-Scottsdale, Ariz. and Walla Walla, Wash. Register Largest Gains in Industry Jobs Only 34 percent of the nation’s metro areas—just over one-third—added construction jobs from November 2019 to November 2020, according to an analysis [...]
Terex Utilities regularly distributes Tech Tips to provide service personnel with information to make their jobs easier. In 2020, the Terex Utilities Services Department shared 26 new tips, which join an archive of more than 100 topics. “We offer comprehensive tools to help technicians troubleshoot equipment and get it back in service as quickly as possible,” [...]
Measure’s modest amount of funding for infrastructure projects and clarification that PPP loans may not be taxed will help offset some of the challenges facing the construction industry. The Associated General Contractors of America’s chief executive officer, Stephen E. Sandherr, issued the following statement in reaction to the release of compromise coronavirus relief legislation: “The new [...]
Season's Greetings from all of us at IronTek. Here's hoping Santa brings a great 2021.
Weakness in residential and nonbuilding activity overwhelmed nonresidential building strength NEW JERSEY — December 16, 2020 — Total construction starts fell 2% in November to a seasonally adjusted annual rate of $797.5 billion following a strong gain in October. Residential starts fell 7% during the month, while nonbuilding starts dropped 14%. Nonresidential building construction starts, however, [...]
Pricing for excavators held steady in 2020 according to the latest Richie Bros. Used Equipment Market Trends Summary. In the first three quarters of 2020, median prices on excavator sales ranged from $50,000 in the first quarter to $47,000 in the third quarter. Top selling excavator brands: Caterpillar, Komatsu, John Deere, Volvo Top selling excavator makes: [...]
