Used construction equipment market stabilizing
Asking and auction values for used construction equipment and lifts fell slightly in May despite increased optimism that the market...
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Construction
Volvo CE acquires Swecon, divests shares of Chinese OEM
Global manufacturer Volvo Construction Equipment acquired fellow Swedish OEM Swecon and divested its shares of Chinese OEM Shandong Lingong Construction...
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US homebuilder sentiment drops to lowest level since end of 2022
Confidence among US homebuilders fell in June to the lowest level since December 2022, with potential buyers deterred by high...
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Volvo CE invests $260M to expand excavator production
Volvo Construction Equipment has invested roughly 2.5 billion Swedish kronor ($260 million) to expand global production of crawler excavators at...
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US jobs report points to gradual moderation in labor market
US job growth moderated in May and the prior months were revised lower, indicating employers are cautious about growth prospects...
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Beige Book: Rising input costs strain construction sector
Rising input costs and tariff uncertainty are straining construction activity and loan demand in some regions. The construction equipment industry...
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Trump signs order doubling US steel, aluminum tariffs to 50%
President Donald Trump has raised steel and aluminum tariffs to 50% from 25%, following through on a pledge to boost US import...
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Sany America sees executive shakeup
A global equipment manufacturer, a dealership chain and several finance providers made leadership changes in May. Sany America welcomes new...
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