CONSTRUCTION MATERIAL COSTS INCREASE 7.4 PERCENT, AS CONTRACTORS CONTINUE TO BE SQUEEZED BY TARIFFS AND RISING FUEL PRICES

| Fuel, Metal, and Asphalt Costs Increase by Double Digits As Labor Costs Continue to Rise, While Prices Contractors Charge to Build Projects Grow By Low Single Digits The cost of many products used in construction climbed 7.4 percent over the past year due to double digit increases in commonly-used construction materials, according to an analysis ... READ MORE

CONSTRUCTION COSTS SOAR IN MAY, OUTPACING CONTRACTORS’ PRICING; NEW TARIFFS THREATEN TO WORSEN COST SQUEEZE, LEAD TO PROJECT DELAYS

| Association Officials Say the Threat of New Tariffs Has Already Led to Dramatic Increases in the Cost of Many Construction Materials, Warn Prices Will Grow As the New Trade Restrictions Take Effect Construction costs accelerated again in May, with steep increases for a wide range of building and road materials, including many that are subject ... READ MORE

Equipment Industry Calls for Permanent Tariff Exemption for Canadian Steel

| Today two leading international trade associations joined forces to urge the Trump administration to permanently exempt Canada from steel tariffs and modernize the North American Free Trade Agreement (NAFTA) without scrapping the accord entirely. In a letter to President Donald J. Trump, Associated Equipment Distributors’ (AED) President and CEO Brian P. McGuire and the Association ... READ MORE

VOLVO CE MOVES INTO 3D PRINTING OF PARTS

| Volvo Construction Equipment moves into a new dimension to assist customers in supplying spare parts, and as part of its commitment to the research and development of new products. As the construction industry looks to new methods for efficient production, equipment manufacturers are likewise exploring additional ways to boost productivity. Volvo CE has introduced 3D ... READ MORE

VOLVO CE MOVES INTO 3D PRINTING OF PARTS

| Volvo Construction Equipment moves into a new dimension to assist customers in supplying spare parts, and as part of its commitment to the research and development of new products. As the construction industry looks to new methods for efficient production, equipment manufacturers are likewise exploring additional ways to boost productivity. Volvo CE has introduced 3D ... READ MORE

VOLVO CE MOVES INTO 3D PRINTING OF PARTS

| Volvo Construction Equipment moves into a new dimension to assist customers in supplying spare parts, and as part of its commitment to the research and development of new products. As the construction industry looks to new methods for efficient production, equipment manufacturers are likewise exploring additional ways to boost productivity. Volvo CE has introduced 3D ... READ MORE

Shell and AirFlow Truck Company Debut Energy-Efficient Class 8 Truck – The Starship Project

| The Starship Project truck combines technologies available today for increased fuel economy benefits Houston – Shell and AirFlow Truck Company have designed and built a hyper-fuel-efficient Class 8 truck capable of reducing the energy usage associated with the transportation of goods. This next-generation concept truck, called the Starship Project, uses technologies that are currently available ... READ MORE

AEM Profoundly Disappointed by Trump Tariffs

| Association of Equipment Manufacturers (AEM) President Dennis Slater issued the following statement after President Trump formally announced new import tariffs on steel and aluminum: The equipment manufacturing industry is profoundly disappointed at President Trump’s actions today to advance import tariffs on steel and aluminum. These “Trump Tariffs” will put U.S. equipment manufacturers at a competitive ... READ MORE

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