NEW JERSEY – August 7, 2020 – The Dodge Momentum Index moved 3.4% higher in July to 124.7 (2000=1000) from the revised June reading of 120.5. 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 [...]
Construction jobs rebounded by 464,000 jobs in May but unemployment is the highest since 2012, according to a survey released June 5 by the Associated General Contractors of America. Even with May's bump in construction jobs, the industry has suffered a cumulative loss over three months of 596,000 jobs. You can read the survey questions and [...]
Fleet Up welcomed Big L Rentals and Sales this week. Located in Garden City, Kansas, roughly midway between Wichita, Kansas and Colorado Springs, Colorado, Big L Rental and Sales has been in business since 1996. We spoke with General Manager Ben Blood, a Garden City native who offers this insight into Big L and Garden City: [...]
As many areas in the United States and across the world begin to open up following “Stay at Home” orders, construction equipment companies have been forced to lay off employees, work from home and to retool their shops to maintain safe social distancing. During this time, many companies have offered to give big price breaks, special [...]
This sleeping forklift operator got more than he bargained for when on the job in this recent video posted to YouTube.
Here's a round up of responses from those in the rental industry ARA: Equipment and event rental industry feeling coronavirus impact ARA: Coronavirus Discussion Group ARA: Conducting a weekly survey, 3/9 results ARA: ARA recommends funding of SBA loan programs to help small businesses impacted by coronavirus Point of Rental: Pandemic: How is the Rental Industry [...]
As the construction equipment industry reacts to the spread of COVID-19 measures across the globe, demand for construction equipment remains high. Ritchie Bros Auctioneers reported as of Monday, demand for equipment is high - with strong pricing at recent events Google searches for Aerial Work Platforms and Telehandlers remain consistent with 52-week norms Sales at equipment [...]
After announcing Thursday that they would be pulling out of the show, Volvo says it will be staying at the CONEXPO in Las Vegas this week. On Thursday the company announced its construction equipment arm would be pulling out of the show because of the outbreak of COVID-19. But Friday Volvo Construction Equipment said it was [...]
On March 5, Volvo Group announced all its business areas were withdrawing from ConExpo over Coronavirus concerns. Volvo Construction Equipment had one of the largest booths in the Festival Grounds, at more than 60,000 sq. ft. Other companies that have decided not to exhibit or attend the co-located shows include Platform Basket, Dana Incorporated, Michelin, Mack [...]
Las Vegas, NV -- CONEXPO-CON issued an update Monday urging show attendees to avoid shaking hands during North America's largest construction trade show. Show organizers stress that attendance is still expected to exceed 2017 numbers and that the show is taking the health and safety of attendees seriously. We have had NO major exhibit cancellations. Most [...]
