James Waite presents on The State of the Equipment Industry from an economic outlook and how to better prepare for what is to come....
Question: I’m buying some equipment, and the shipping terms in the purchase agreement refer to “EXW Incoterms 2020.” I’m generally familiar with “Incoterms,” but I don’t really have a lot of time to study what each one means. Can you give me a summary of what...
Question: I’ve rented and sold equipment to a customer for construction work, but I haven’t been paid. Can I file a mechanic’s lien on my own to get the money I’m owed? Answer: Yes, but the requirements are highly technical and strict. If you miss a deadline or...
In an age when major equipment buyers source directly from OEMs and where the ‘right to repair’ movement is trying to liberalise the repair and maintenance business, construction equipment dealerships may feel they are being squeezed on all sides. KHL’s Lucy Barnard finds out what...
United Rentals, Stamford, Conn., has entered into a definitive agreement to acquire the assets of family-owned Ahern Rentals, Las Vegas, for approximately $2 billion in cash....
In the world of digital media and social networks, internet defamation is a growing threat and all-too present reality for some. So, how can you protect yourself against internet defamation and preserve evidence of defamatory attacks and comments to strengthen your legal claim?...
RentalMax, Carol Stream, Ill., has acquired A to Z RentAll and Sales, Madison, Wis. The acquisition was effective on April 29, 2022, and will continue the legacy of high-quality equipment rental established by former owner Kevin Hoffman and his family, the company said....
Construction input prices are up 24.4% from a year ago and 39.1% from February 2020, the month before the pandemic began to affect the economy, while nonresidential construction input prices are up 25% from a year ago and 39.2% from February 2020....
As if construction work wasn’t dangerous enough, the use of job-made boxes, baskets and platforms increase fall-related risks and crush injuries inherent in the industry....
They say what goes up, must come down. But construction material pricing has been testing that inevitability for over two years, with no discernible end in sight. Economist Ken Simonson issued yet another construction inflation alert last week, spotlighting the inexorable climb of diesel, aluminum mill...