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.



Vanguard Truck Centers Acquires Nacarato Truck Centers, Becoming One of Volvo Trucks' Largest Dealer Groups

Volvo Trucks North America announced that its independent authorized dealer Vanguard Truck Centers, a full-service commercial truck dealer group and leasing operation, acquired Nacarato Truck Centers to become one of Volvo Trucks' largest dealer groups in North America....


Founder of Bobcat of North Jersey Retires

In early December 2023, Bobcat of North Jersey held a retirement party to celebrate its President and Founder, Vincent Ryan, who officially retired on Dec. 31, 2023. After several years of experience in the New York/New Jersey construction industry representing the emerging Bobcat Company equipment line, Ryan founded Bobcat of North Jersey in 1991 with confidence in his ability to represent and stand behind a first-in-class product combined with the never-ending encouragement of his wife, Kathy, the company said....


Contractors Give Mixed Reviews of Their Prospects for 2024

Though public spending on road construction is projected to increase by double digits again this year, contractors are cautious about this year's business prospects. Given the continued challenges facing the construction industry in logistics logjams, labor shortages and rising interest rates, the overall mood is "decidedly mixed."ARTBA reported that the public highway, pavement and street construction sector is expected to see double-digit growth for the second year in a row....


KIOTI Tractor Celebrates Success, Growth at Annual Dealer Meeting

KIOTI Tractor celebrated another successful year during its annual dealer meeting, held Nov. 12 to 14 in Raleigh, N.C. The three-day event featured a robust agenda, including informative keynote speakers and breakout sessions, an action-packed ride-n-drive, and ended with an awards banquet....


Prinoth Expands Westward

Prinoth Crawler Carriers announced new dealer partnerships in the western part of the United States. In early 2023, both Coastline Equipment (Southern California and Nevanda) and Western States CAT (Idaho, Montana, Wyoming, Oregon and Washington), became part of the Prinoth family....


ABC: Final Independent Contractor Rule Will Create More Confusion, Litigation Chaos

Associated Builders and Contractors released a statement from Vice President of Regulatory, Labor and State Affairs Ben Brubeck opposing the U.S. Department of Labor's independent contractor final rule under the Fair Labor Standards Act....


Innovation, Keynote Insights, Competition Await Attendees at NPE 2024

The 2024 National Pavement Expo and Conference (NPE) is set to be an unparalleled gathering of industry leaders, paving professionals and enthusiasts, featuring a lineup of exciting events, educational sessions and networking opportunities....


Caterpillar Signs Strategic Agreement with CRH for Electric Off-Highway Trucks, Charging Solutions

Caterpillar Inc. has signed an electrification strategic agreement with CRH to advance the deployment of Caterpillar's zero-exhaust emissions solutions. CRH is the number one aggregates producer in North America and the first company in that industry to sign such an agreement with Caterpillar....


ABC: Nonresidential Construction Adds Nearly 12,000 Jobs in December

The construction industry added 17,000 jobs on net in December, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has grown by 197,000 jobs, an increase of 2.5 percent....


TOMRA Names Michelle Landon Regional Service Director Americas

Global leading supplier of sensor-based sorting solutions, TOMRA Recycling Sorting, announced Michelle Landon as the regional service director for the Americas. In this newly created role for the Americas region, Landon will direct the teams responsible for initial installation, optimization and commissioning of TOMRA's leading sensor-based sorting equipment and technology throughout North and South America....






×

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