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.



JLG Announces Executive Leadership Changes

JLG Industries Inc. announced the retirement of Frank Nerenhausen, executive vice president of Oshkosh Corporation and president of its Access segment. Mahesh Narang will succeed Nerenhausen effective Nov....


Kobelco Announces Retirement of Greg Ballweg

Kobelco Construction Machinery USA, a global crawler excavator and crawler crane manufacturer, announced the retirement of Greg Ballweg. "It is with a mixture of sadness and admiration that we announce the retirement of a true Kobelco legend, Greg Ballweg," the company said....


Volvo Trucks Continues Expansion of Electromobility Ecosystem With 11 New Certified EV Dealers in North America

Volvo Trucks North America confirmed that 11 dealership locations in the United States and Canada have completed its vigorous sales and service training and facility upgrades needed to become Volvo Trucks Certified Electric Vehicle (EV) Dealerships, marking significant progress toward Volvo Trucks' commitment to advancing the electrification of the commercial trucking industry....


Trnsact Surpasses $1B in Application Transactions On its Platform

Trnsact Inc. , a software platform in the commercial equipment finance industry, announced that the company has processed more than $1 billion transaction requests on its Software-as-a-Service platform....


Caterpillar Appoints Joseph E. Creed Chief Operating Officer

Caterpillar Inc. announced that Joseph E. Creed, group president of Energy & Transportation, has been appointed to the newly created position of chief operating officer, effective Nov. 1, 2023. In this newly created position, Creed will report to Jim Umpleby, chairman and chief executive officer....


JCB Announces Plans for Manufacturing Facility in San Antonio, Texas

JCB announced it is set to build a new factory in North America which will create 1,500 new jobs over the next five years. The construction of the 720,000 sq. ft. factory will begin early next year on a 400-acre site in San Antonio, Texas....


Purple Wave Announces Strategic Investment, Partnership With Copart

Purple Wave announced a strategic investment and partnership with Copart Inc. , a global leader in online auto auctions. Founded in 2000, Purple Wave has been a trailblazer in the online equipment auction industry, specializing in the direct sale of construction, agriculture and fleet equipment through its no-reserve auction platform on purplewave.com....


Dickerson Petroleum Inc. Adds Thunder Creek Fuel, Service Trailers to Product Offering

Dickerson Petroleum Inc. has added the Thunder Creek Equipment line of fuel and service solutions to its tank equipment rental and sales division. The Mississippi-based company is a world-class leader in holistic fuel, lubrication and petroleum equipment sales — including serving as a petroleum distributor, oil jobber, convenience store operator and transportation company....


Industry Veteran Josh Djokic Joins Durante Equipment as Branch Manager

Durante Equipment announced the hiring of Josh Djokic as its new branch manager. In his newly appointed position, Djokic will oversee the day-to-day operations of the Hollywood, Fla., branch located at 3300 N....


ABC 2023 Tech Report Details Framework for Successful Construction Tech Adoption

Associated Builders and Contractors released its third annual construction technology report, which consists of a framework and complementary real-life case studies from ABC contractors that utilize construction technologies to strengthen safety, workflows and profits....






×

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