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Interview: Will a ban on noncompete agreements affect US rental consolidation?
Josh Nickell, VP of equipment rental with the American Rental Association, talks about whether the FTC’s latest move will change the landscape of the US rental industry
California transit projects and New York prison drive Tutor Perini’s Q1 revenue up 35%
Two transit projects in California and a major new prison build in New York have contributed to a 35% year-on-year increase in Q1 revenue for US contractor Tutor Perini.
Skanska signs $612m final award for South Brooklyn Marine Terminal upgrade
Skanska has signed a final award worth $612 million for the upgrade of the South Brooklyn Marine Terminal in Brooklyn, New York, USA.
Eyes on inventories as Caterpillar announces Q1 results
Caterpillar announces its first quarter results on 25 April
Could a four-day week really work in the construction industry?
For a long time, working for four days a week instead of five but with no reduction in pay sounded like an unachievable – possibly even decadent – idea in pretty much any industry.
EquipmentShare mulls US IPO in 2025
Construction equipment rental company equipment share could go public as early as next year (2025), according to a report by Bloomberg.
Reconstruction of Ukraine ‘should start now’
Rebuild Ukraine conference held at Intermat
Hochtief subsidiary increases stake in mining services firm
Hochtief’s Australian subsidiary Cimic has increased its stake in mining services company Thiess, in response to the importance of the energy transition.
Yanmar outlines compact equipment ambitions
Developing dedicated electric platforms for compact machines
Eiffage buys major player in European energy infrastructure market
French construction group Eiffage has acquired EQOS, a major European player in the energy infrastructure market.
US Federal Trade Commission votes to ban noncompete agreements
New rule could affect the landscape of the North American equipment rental industry, currently undergoing a wave of consolidation
Alias launches AI-driven software platform
Platform manages equipment related documents
Nova Permits purchases Secure Specialized
Nova Permits and Pilot Cars has acquired the assets and the integration into its operations of all services offered by Secure Specialized.
Two engineering firms win role on Canada’s new C$2.7 billion Île d’Orléans Bridge
Engineering and project management companies AtkinsRéalis and TYlin have won a contract as part of the C$2.7 billion (US$2 billion) to build the new Île d’Orléans Bridge.
Herc makes ‘strong start’ to 2024
Equipment rental revenues up 10% over 2023 Q1
Maeda names new Canadian dealer
Cropac Equipment will now offer Maeda’s complete line of mini cranes across Ontario.
ALL Crane takes delivery of first five-axle crane
A Liebherr LTM 1100-5.3 all-terrain crane is bound for the fleet of the ALL Family of Companies.
Strabag buys up sustainable building materials manufacturer
Austrian contractor Strabag has acquired sustainable building materials manufacturer Naporo Klima Dämmstoff for an undisclosed sum.
Difficult times for France’s construction sector as Intermat returns
Paris, dubbed the City of Light, hosts the Intermat construction show this week (24-27 April) after a six-year-long absence.
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