Create a CEG Account  /  CEG Login

Business News

Keep up to date on the latest construction industry trends, in the US and internationally, and how it may impact your business. Stay informed with press releases, research, and opinions to help get the most out of your investment. We highlight small and large projects to keep you abreast of the happenings in the industry, and construction industry statistics to help your company avoid mistakes and find the best solutions to problems that arise.



Ritchie Bros. Digs into 2022 Construction, Aerial Equipment Pricing With July Market Trends Report

With its July Market Trends Report, Ritchie Bros. digs into construction and aerial equipment sales through the first half of 2022. In the United States, Ritchie Bros. mix-adjusted price indexes (for April to June) show prices for used large and medium earthmoving categories are up 15 percent and 20 percent year over year respectively, while aerial equipment is up 18 percent....


Hissong Group Adds Kenworth Dealership Near Cleveland, Ohio

Hissong Group Inc. offers expanded support to fleets and truck operators in the greater Cleveland market with the addition of its new Kenworth of Cleveland full-service dealership at 4850 Transportation Dr....


Columbus Equipment Celebrates Its 70th Anniversary

Columbus Equipment Company held an open house at its corporate headquarters located at 2323 Performance Way, in Columbus, on June 24 to celebrate the dealership's 70th anniversary. Industry professionals were invited to catch up with Columbus Equipment Company personnel, review equipment on display and enjoy a barbeque lunch....


Kirby-Smith Machinery Promotes Gavin Cole to Vice President of Sales

Kirby-Smith Machinery Inc. (KSM) has promoted Gavin Cole to the role of vice president of sales. Cole will be responsible for managing the direction of Kirby-Smith Machinery's corporate sales strategy to support organizational objectives related to its continued growth....


Murphy Tractor & Equipment Breaks Ground in Rossford, Ohio

Murphy Tractor & Equipment held a groundbreaking ceremony on June 22 to celebrate the commencement of construction on the dealership's new Rossford (Toledo), Ohio, facility. Murphy Tractor & Equipment personnel were joined by representatives of Freemont, Ohio-based Mosser Construction, general contractor of the project; factory representatives of John Deere, NPK and Werk-Brau; and local, city and county officials to commemorate the event....


Volvo CE Remains Strong in Q2, 2022

Moderate fluctuations across different regions have seen sales remain flat for Volvo Construction Equipment (Volvo CE) in the second quarter of this year — resulting in a solid performance during challenging market conditions....


Hayden-Murphy Team Reflects as It Celebrates 65 Years in Business

Sixty-five years is a long time. Abe Lincoln might have termed it three score and five years ago… when Hank Hayden and Chuck Murphy brought forth an equipment company in Minneapolis dedicated to the proposition that not all dealerships are created equal....


Empire Crane Welcomes Newest Salesmen: Joe Baron, Josh Stack

Empire Crane has welcomed Joseph Baron and Josh Stack to the sales team in New England. Baron and Stack will be responsible for serving customers' crane needs in Massachusetts, Rhode Island, Vermont, New Hampshire and Maine....


ABLE Equipment Rental Acquires Rental Assets of Extreme Rentals USA LLC

ABLE Equipment Rental Inc. of NY (ABLE), one of the largest independent rental companies in the United States, has acquired the equipment rental assets and service operations of Extreme Rentals USA LLC located in Manassas, Va....


Walker Crane & Rigging Names Joseph Colla Executive Vice President

Walker Crane & Rigging Corp. of Connecticut (Walker), a crane, rigging and transportation company, announced the appointment of Joseph Colla as executive vice president. Colla has more than 25 years of experience in the construction industry, including project management, fleet operations and customer relations....






×

Stay Ahead of the Market

Get weekly equipment news, auction updates, and dealer insights — trusted by thousands of industry professionals.



39.95234 \\ -75.16379 \\ Philadelphia \\ PA \\ US \\ 19019