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Section: Business > Industry Trends
Concrete
ASCC's Position Statement on Managing Concrete Projects
American Society of Concrete Contractors (ASCC)
Calling for early investment in project design to manage the material supply chain, the American Society of Concrete Contractors has published its 45th Position Statement.
July 6, 2022
Rental
How to Attract Employees to Combat the Labor Shortage
Detmer Consulting Inc.
Your employees are your most valuable asset to your rental business. Here are some important reminders for what can be done to keep and attract employees - and negate the current labor shortage.
July 5, 2022
Business
Details of Biden's Talent Pipeline Challenge & How it Will Impact Construction
The construction industry’s skilled labor shortage sits at 650,000 workers. While the training and hiring initiative aims to attract workers to the industry, experts feel it misses the mark and features exclusionary policies that could make things worse.
June 29, 2022
Business
Prices for Materials, Equipment, Labor, Shipping Continue to Increase
IHS Markit
Engineering and construction costs increased again in June, according to IHS Markit, now a part of S&P Global, and The Procurement Executives Group (PEG).
June 24, 2022
Business
Impact of Labor and Materials Shortages on Construction Quality
Berding & Weil LLP
When material supplies are limited, quality is often substituted for lower quality resources.
June 21, 2022
Equipment Monitoring & Logistics
How Advanced Telematics Increase Uptime, Identify Critical Fault Notifications
Volvo Construction Equipment
Thanks to lingering supply chain issues and the always-challenging labor shortage, today’s heavy equipment owners need every minute of work that they can get from their machines.
June 10, 2022
Construction Technology
Digital Technology Reshapes Commercial Construction Loan Process
GoDocs
Digital technology is imperative for commercial construction lending to keep up with the marketplace. Stephen Butler, CEO of GoDocs, explains how.
May 26, 2022
Business
Clouds Ahead, or Behind? Making Equipment Decisions in Stormy Economic Weather
RDO Equipment Co.
On one hand, increasing housing starts and the infrastructure bill that passed earlier this year are both promising indicators of future work. On the other hand, inflation is up, the supply chain is still slow, and no one can find enough labor.
May 26, 2022
Business
Construction Equipment Rental Forecast To Be $105.29B by 2030
Grand View Research
The global construction equipment rental market size is expected to reach $105.29 billion by 2030, registering a compound annual growth rate of 4.2 percent during the forecast period according to a new report by Grand View Research.
May 23, 2022
Business
Five Good Things Happening in Construction Right Now
It might seem like there is no end in sight to the struggles we are facing in the construction industry, but there are still many things worth celebrating - and the future for the industry looks bright.
May 23, 2022
Business
Drop Construction Delivery Downtime With New Service
PICKUP
Supply chain shortages put added pressure on the construction market.
May 22, 2022
Infrastructure
Six Months In: How Has the Infrastructure Bill Progressed?
According to the White House, $110 billion in infrastructure funds have been released from the $1 trillion promised in the Infrastructure Investment & Jobs Act
May 18, 2022
Concrete
Supply Chain - Almost - Sunk This Concrete Canoe
Students of the Kennesaw State University entered the American Society of Civil Engineers 2021Concrete Canoe Competition. But the project came with a set of challenges today's concrete contractors are all too familiar with: timing and supply chain issues.
May 12, 2022
Rental Business
ARA Forecasts Double-Digit Revenue Growth for Equipment Rental in 2022
American Rental Association (ARA)
Even with supply chain issues and labor shortages, U.S. equipment rental revenue, including both construction and general tool, is expected to grow by 11.1 percent to reach nearly $56 billion in 2022, according to ARA's latest forecast.
May 10, 2022
Business
Construction Top Growing Industry in Services Sector, Report Says
Institute for Supply Management (ISM)
Employment shortages worsen, prices increase, but construction and related sectors see overall growth.
May 4, 2022
Business
Software vs. Shortage
Arcoro
How software is helping contractors combat the labor shortage and the tools you need to retain and attract qualified field workers.
May 2, 2022
Lifting Equipment
MEWP Industry Report 2022: The World Outside the Rental Market
International Powered Access Federation (IPAF)
A look at the latest in mobile elevating work platforms and where it's going in 2022.
April 11, 2022
Lifting Equipment
Aerial Lift Industry Embraces Robotics and Progress
The inside scoop on how the aerial lift industry champions change.
April 11, 2022
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