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Industry News

Economists see positive momentum and potential obstacles for construction in 2025

By Machinery AsiaNovember 14, 20240

Some of the market conditions that have worried contractors in recent years appear to be resolving, but new problems could emerge in a changing economic climate,…

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Industry News

Tariff concerns hover over construction input prices

By Machinery AsiaNovember 14, 20240

Dive Brief: Construction input prices rose 0.3% in October, driven by rising costs in all energy subcategories, according to an analysis by Associated Builders and Contractors.…

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Industry News

Construction is starting to pick up as interest rates fall, Dodge says

By Machinery AsiaNovember 14, 20240

The dollar value of construction starts is projected to increase 9% in 2025, and close 8% in 2024, Dodge Construction Network predicts. Richard Branch, Chief Economist,…

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Industry News

Construction injury rate falls to lowest in more than a decade

By Machinery AsiaNovember 14, 20240

Listen to the article 3 minutes This audio is automatically generated. Please let us know if you have any comments. The rate at which construction workers…

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Industry News

Confusion, lack of clarity about the boss’s equipment leads to safety risks

By Machinery AsiaNovember 14, 20240

Listen to the article 5 minutes This audio is automatically generated. Please let us know if you have any comments. Between 2021 and 2022, American workers…

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Industry News

Abandonment of projects, slow delays in interest rate cuts

By Machinery AsiaNovember 14, 20240

The construction sector saw a slight rise in market stress last month, despite continued improvement in overall project abandonments, according to the latest report from Cincinnati-based…

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Industry News

What makes a great people manager?

By Machinery AsiaNovember 14, 20240

Chad Prinkey is CEO of Well Built Construction Consulting, a Baltimore-based firm that provides strategic consulting, facilitation services and peer-to-peer panel discussions for construction executives. The…

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Compact Equipment

Construction Machinery Maintenance: Boost Performance, Reduce Downtime

By Machinery AsiaNovember 14, 20240

Starting and running a construction company is full of challenges; one of the biggest challenges is running and managing a fleet of high-value heavy machinery. Not…

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Industry News

Fluor’s drop in net income sets the stage for a reboot amid the market’s new draw

By Machinery AsiaNovember 14, 20240

In its just-announced third-quarter results, Fluor Corp. reported a 3.3% increase in revenue to nearly $4.1 billion. But the total still fell short of the analyst…

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Industry News

NEOM Appoints First Phase Design Team for Saudi Arabia’s ‘The Line’ Mega Project

By Machinery AsiaNovember 14, 20240

The team for the first phase of Saudi Arabia’s ambitious city-building project, The Line, is coming together as the country’s NEOM development company recently announced it…

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