World of Concrete Returns to Celebrate 50th Anniversary Milestone

The show will be held at the Las Vegas Convention Center on Jan. 23-25. The 50th Anniversary of World of Concrete (WOC), the first and largest exhibition serving the global commercial concrete construction and masonry industries, announced open registration for three days of world-class education, community-focused events and exclusive access to market-leading suppliers Held at […]

New Used Equipment Manager at Kirby-Smith 

Matt Heisel has over 23 years of industry experience. Construction Equipment Guide reported that Kirby-Smith Machinery Inc. (KSM) has hired Matt Heisel as its new used equipment sales manager. In his new position, Heisel will manage KSM’s used equipment sales team and be responsible for growing the heavy equipment distributor’s used equipment business, which operates […]

ABC: Biden’s Proposal Overhauling Government-Registered Apprenticeship Programs Will Exacerbate Construction Industry Labor Shortage

System is already ‘woefully inadequate in meeting the workforce needs of the construction industry.’ WASHINGTON, Dec. 18—Associated Builders and Contractors today issued the following statement in response to a proposed ruleissued by the U.S. Department of Labor on Dec. 14 that would make significant and controversial revisions to the National Apprenticeship System. “ABC supports government-registered […]

Rising Inventories and Decreasing Values Persist for Used Heavy-Duty Trucks and Trailers

Asset values on the decline. According to the newest market reports from Sandhills Global, supply increases throughout 2023 for used heavy-duty trucks, semitrailers, tractors, construction equipment, and lifts in Sandhills marketplaces have not been accompanied by corresponding increases in demand. This has led to a decline in asset values in most equipment, truck, and trailer […]

Construction Spending Increases 0.6 Percent In October, With Gains For Public And Private Nonresidential Projects, Along With Homebuilding

Mixed patterns within categories suggest market is shifting but remains strong overall; manufacturing, power, education, and single-family spending pickup offset drop in highway and multifamily projects. Total construction spending increased by 0.6 percent in October, led by strong gains for manufacturing, power, and education projects as well as single-family homebuilding, according to an analysis of […]

Dodge Momentum Index Decreases 1% in November

Nonresidential planning activity remains historically elevated despite decline. The Dodge Momentum Index (DMI), issued by Dodge Construction Network (DCN), decreased 1% in November to 179.2 (2000=100) from the revised October reading of 181.7. Over the month, the commercial and institutional components both fell 1%. “While both portions of the Momentum Index saw slower momentum in […]

Equipment Rental Industry Remains Resilient

By Erin Jorgensen Equipment rental revenue, comprised of the construction/industrial and general tool segments, is expected to grow by 7.1 percent in 2024 to reach a record total of nearly $76.6 billion, topping the nearly $71.5 billion recorded in 2023, according to the latest forecast released in early November by the American Rental Association (ARA). […]

How to Update Your Hiring Techniques to Attract Younger Sales Talent

The old ways won’t cut it anymore. Editor’s Note: Hear Troy present at the IEDA Annual Meeting February 16–18 –– members can register here. By Troy Harrison The sales profession is changing, and unfortunately, it’s graying. Statistics show that the average age of a professional salesperson now is 47.1 years old. Fifteen years ago, that […]

The Unexpected ROI of 2024’s Annual Meeting

Listen in to the final podcast program of 2023 – it’s a lighthearted dialog with IEDA Executive Director Dave Gordon and podcast host Kim Phelan. Hear about the upcoming IEDA Live Auction that kicks off the Annual Meeting on Friday, February 16 at 10 a.m. under the big white tent in front of the Reunion […]

Pipeline Construction Hinges on Permitting Reform

Opponents of energy infrastructure are gaming the system to stop projects. By Toby Mack One of EEIA’s top priorities is reform of the energy infrastructure permitting system. Under the current regime, permitting risk and uncertainty has been the Achilles heel of the pipeline infrastructure industry, bringing new project development nearly to a stand-still. Opponents of […]