Options for Managing Crane Assets

Posted by Jess Messenger on Oct 10, 2012 3:54:00 AM

As the world continues to recover from the recession, construction companies have begun seeking out more efficient ways to operate and manage their fleets. Cranes, which are expensive to transport due to their large size, are increasingly sold through online auctions to save on transportation fees.

Read More

Topics: Industry Headlines

Colorado expects economic boost from recovering construction industry

Posted by IronPlanet on Sep 28, 2012 12:39:00 AM

The U.S. economy has been slowly recovering since the recession that hit in late 2007, and the construction industry has been experiencing the gradual improvements, which has in turn helped local economies across the nation. In fact, the U.S. Labor Department recently announced their March employment data was underestimated by about 386,000 jobs, according to the Los Angeles Times. Nearly 23 percent (85,000) of these jobs were in the construction sector.

Read More

Topics: Construction, Industry Headlines

New 49ers stadium construction on schedule in Santa Clara

Posted by IronPlanet on Sep 26, 2012 12:46:00 AM

The San Francisco 49ers will soon be relocating from Candlestick Park in San Francisco to nearby Santa Clara, once the new stadium is finished, and so far the construction project is right on track. According to local news network KTVU, officials expect the $1.2 billion stadium to be finished in time for the 2014 NFL season.

Read More

Topics: Construction, Industry Headlines

Industry leaders call for in-depth exploration of green construction

Posted by IronPlanet on Sep 25, 2012 1:16:00 AM

Green technologies intended to improve efficiency and reduce dependence on natural resources have become common options for new buildings, changing many aspects of the construction industry. Many new buildings are being built with green technologies such as solar panels and rooftop gardens that help with climate control. Now, architecture firms that specialize in green technology and design are making a push to retrofit older buildings, according to The Buffalo News.

Read More

Topics: Construction, Industry Headlines

Brooklyn construction boom brought on by economic factors

Posted by IronPlanet on Sep 24, 2012 1:32:00 AM

Brooklyn, one of New York City's residential boroughs, has recently seen a marked increase in the number of renters, which is driving the construction of new residence projects. According to Bloomberg, the number of renters has increased 9 percent in the past year, and many renovations and new building construction projects have cropped up around the populous neighborhoods of Brooklyn as a result.

Read More

Topics: Construction, Industry Headlines

Farm bill delays threaten agriculture industry

Posted by IronPlanet on Sep 20, 2012 10:18:00 PM

In a few weeks, the current farm bill is set to expire, but since many political officials are busy working on campaigns for the upcoming elections, the renewal of this legislation will be pushed back, causing worry among the agriculture industry. On Sept. 20, Speaker of the House John Boehner announced the vote for the new farm bill, H.R. 6083, would be delayed until after the November election, according to the Des Moines Register. Boehner explained there is uncertainty whether there are enough votes to pass the bill in the House, even though the Senate passed it in June.

Read More

Topics: Industry Headlines

California to undertake a statewide high-speed rail project

Posted by IronPlanet on Sep 19, 2012 6:13:00 PM

California is planning to revamp its rail system to make way for a new high-speed rail line and improve upon existing tracks throughout the state. According to The Associated Press, the Federal Railroad Administration recently approved the first phase of construction on the Golden State's rail modernization project. Construction equipment will soon become a common sight along a 65-mile corridor from Fresno to Merced, as this is the first section of the planned 800-mile railway system to be built.

Read More

Topics: Construction, Industry Headlines

Auction Adjustment

Posted by Jess Messenger on Sep 15, 2012 1:07:00 AM

The first two quarters of 2012 were strong for auction companies selling heavy equipment, but equipment values dropped at the end of the second quarter.

Read More

Topics: Industry Headlines

New terminal construction underway at Wichita airport

Posted by IronPlanet on Sep 14, 2012 2:48:00 AM

Traveling to Wichita, Kan., may be a lot easier soon, as construction is underway for a new $101.5 million terminal in the city's airport.

The Wichita Eagle reports that rain stopped the official groundbreaking ceremony for Air Capital Terminal 3 (ACT 3), but that didn't diminish the hope of what this project may accomplish. The grounds were actually broken a month ago for construction purposes, according to the news provider.

"There’s an old Irish saying, that when there's bad weather on the day of a wedding, the marriage will succeed," Victor White, the city's director of airports, told the news provider. "I hope that holds true for construction projects."

Read More

Topics: Construction, Industry Headlines

Runway closure due to construction reroutes F-16 flights over Des Moines neighborhoods

Posted by IronPlanet on Sep 13, 2012 12:33:00 AM

 

Typically, the only way to get a good look at military fighter jets is to attend an air show, but residents living near the Des Moines International Airport are being treated to regular displays of these aircraft. A construction project currently taking place at the airport resulted in the closure of the runway used by the Iowa Air National Guard's 132nd Fighter Wing, according to the Des Moines Register. The National Guard cannot simply stop training for the project, so flights have been redirected to another runway.

Read More

Topics: Construction, Industry Headlines