Ditch Witch Acquires HydraWheel Line of Rock Saws Ditch Witch has acquired specific assets from River City Manufacturing, Inc., including the HydraWheel design of rock saws. Based out of Bertram, Texas, the company has designed and manufactured rock saws since 1982, earning a strong reputation throughout the industry. Through this acquisition, Ditch Witch continues to show [...]
CLEVELAND, May 18, 2021 – FleetUpMarketplace.com announced today that for the second month in a row, over 100,000 equipment shoppers viewed used construction equipment listings on the site. FleetUpMarketplace. had 101,832 visitors in March, up 5% over February and 577% over March 2020 FleetUpMarketplace. had 108,634 visitors in April, up 6% over March [...]
VANCOUVER, BC, Oct. 29, 2020 /CNW/ – Ritchie Bros. Auctioneers (NYSE: RBA) (TSX: RBA) (“Ritchie Bros.” or the “Company”) and Rouse Services (“Rouse” or “Rouse Services”) today announced that they have entered into a definitive agreement under which Ritchie Bros. will acquire Rouse Services for approximately $275 million. Completion of the acquisition is subject to customary closing [...]
Equipment Leasing and Finance Index: Down year over year and for the year, Up month over month Washington, DC, October 23, 2020—The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed [...]
Construction Employment Down: California and Vermont Post Worst Losses since February as Virginia and South Dakota Add the Most;Illinois and Iowa Have Worst One-Month Job Losses, While New York and Vermont Post Biggest Gains Only eight states and the District of Columbia have recouped the severe pandemic-induced losses of construction jobs that occurred [...]
WASHINGTON (Oct. 14, 2020) – Common Ground Alliance (CGA), the national nonprofit trade association dedicated to protecting underground utility lines, people who dig near them and their communities, today announced the findings from its 2019 Damage Information Reporting Tool (DIRT) Report. The Report analyzed all 2019 data submitted voluntarily by facility operators, utility [...]
We're spending Prime Day searching Amazon and other websites for great deals on gear to help construction workers. Here are some Prime Day deals that can help you on the job site, in the shop or when you're selling used construction equipment. Jackery Explorer 1000 Portable Power Station - Save $100 on one [...]
The Dodge Momentum Index rose 3.7% in September to 130.8 (2000=100) from the revised August reading of 126.2. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential [...]
2020 has been a wild ride for equipment rental yards - and there's a lot of conflicting information out there about what's going on. When the pandemic hit, some construction sites shut down completely, while other sites raced to get the job done. And as the summer hit, rental business soared across the [...]
Used equipment prices are “now at or better than they were three to six months ago,” says Howard Hawk, president of the online auction site Bidadoo. He says this is surprising in light of decreases of 5 to 15 percent seen in spring. “We expected to see a further decline or for them [...]
