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Industry Updates

Diesel Price Surge Fuels Construction Inflation Alert

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

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Understanding Incoterms

What you should watch for when buying equipment 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

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Right to Repair

By James Waite  Rental Management Magazine   UNDERSTANDING RIGHT-TO-REPAIR REQUIREMENTS   QUESTION: I RECENTLY HEARD ABOUT A PROPOSED NEW FEDERAL RIGHT-TO-REPAIR REQUIREMENT, AND I’D LIKE TO KNOW IF YOU CAN PROVIDE ANY INFORMATION REGARDING ITS COVERAGE AND STATUS.   Answer: On July 6, 2021, the White House Press Secretary

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Changes in Tax Laws

By James Waite  Rental Management Magazine   WHAT CHANGES IN TAX LAWS CAN MEAN   Editor’s note: The tax change proposals mentioned in Legally Speaking this month currently are under discussion by members of Congress in Washington, D.C. According to John McClelland, Ph.D., American Rental Association (ARA) vice

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