All Industry News Articles

Hitachi rebrands Cobemat in France

OEM prepares for “strong focus” on rental

Battery power for Falcon tower cranes from Northvolt

Modular battery power packs for tower cranes and other site equipment can replace diesel generators

XCMG reports record-breaking international sales

International sales for the first quarter of 2023 break records for China-based XCMG

WillScot expands modular building division

Specialty modular fleet grows with two acquisitions

Volvo Trucks calls off deal in China

Discontinues its planned acquisition of Jiangling Motors heavy-duty truck operation

New study reveals how construction technology is revolutionizing the industry

Study from the AEM highlights four key construction technology areas

US contractors’ profits squeezed as bid prices slip but materials prices continue to rise

Contractors are finding their profits under pressure as bid prices slip even as construction materials continued to increase.

Two contractors secure $1.5 billion high-speed rail line to connect NEOM’s The Line

A joint venture between Italian contractor Webuild and its Saudi Arabian counterpart Sajco have won a US$1.5 billion (€1.4 billion) contract to build a high-speed rail line for the NEOM region in Saudi Arabia.

Alternative energy the focus at Off-Highway Conference

Event in Brussels to explore market potential of new machines, along with conventional forecasts

Scania adds to IMO Tier 3 engine range

Seven new marine engines added to existing portfolio

Strabag reveals plans to cut share of contractor owned by Russian oligarch below 25%

Austrian contractor Strabag has revealed plans to cut the share of the business owned by shareholder Rasperia, controlled by Russian oligarch Oleg Deripaska, to below 25%.

Infrastructure investments to drive strong growth for China’s economy

A new report has predicted that the Chinese economy will grow by over 5% in 2023

Hochtief boosts new orders by 30% in first quarter of 2023

Germany-based construction company Hochtief saw its order book rise 30% in the first quarter of 2023 compared to the year before, as sales and profits also increased.

Video interview: what’s next for construction in North America?

Expert opinion on the North American market from Scott Hazelton, Managing Director, S&P Global Market

Whiting-Turner pays out $1.2m settlement over racial harassment lawsuit

Construction contractor Whiting-Turner, based in Baltimore, USA, is to pay $1.2 million to a class of black former workers to settle a race harassment and retaliation lawsuit.