Construction Industry Insight (Spring 2022)
This insight focuses on a number of topics that pertain to the construction industry as a whole, including the top equipment acquisition trends for 2022, continued challenges associated with a workforce shortage, the impact of the war in Ukraine on fuel and material prices, the Biden administration mandate requiring that U.S. iron and steel be used for all infrastructure projects, and the growth in nonresidential construction jobs in March. It also includes a brief summary of trends in used equipment values.
Trucking Industry Insight (Spring 2022)
This insight focuses on a number of topics that pertain to the trucking industry as a whole, including Biden’s Trucking Action Plan, the rising cost of fuel, a new bill proposed to reduce truck driver tax liabilities, the impact of inflation and worker shortages, and the manner in which e-commerce has altered the industry. It also includes a brief summary of trends in used equipment values.
Construction Industry Insight (Fall 2021)
This insight focuses on a number of topics that pertain to the construction industry as a whole, including a shortage of skilled labor, expectations for a continued rise in construction costs, significant growth in Cummin’s North American sales, ways in which the Infrastructure Bill could impact the industry, and the launch of a new automated payment platform tailored to construction companies. It also includes a brief summary of trends in used equipment values.
Trucking Industry Insight (Fall 2021)
This insight focuses on a number of topics that pertain to the trucking industry as a whole, including the recent passage of the Infrastructure Bill, the current workforce shortage, the potentially adverse effects of a vaccine mandate, the high volume of trucking mergers and acquisitions, and the struggle to meet the demand for heavy duty trucks. It also includes a brief summary of trends in used equipment values.
Construction Industry Insight (Summer 2021)
This insight focuses on a number of topics that pertain to the construction industry as a whole, including five major problems facing the industry, the strong rebound in the demand for mobile cranes, factors that contribute to on-the-job falls leading to death, Manitowoc’s acquisition of H&E’s crane operation, and Texas’ plans to construct a border. It also includes a brief summary of trends in used equipment values.
Trucking Industry Insight (Summer 2021)
This insight focuses on a number of topics that pertain to the trucking industry as a whole, including the Senate’s push to repeal the excise tax on new trucks, factors contributing to the driver shortage, top concerns among drivers, challenges in meeting the demand for Class 8 trucks, and the Senate’s passage of the $1 trillion infrastructure bill in August. It also includes a brief summary of trends in used equipment values.
Machine Tool & Manufacturing Insight (Summer 2021)
This insight focuses on a number of topics that pertain to the machine tool/manufacturing industry as a whole, including the President’s push to manufacture electric vehicles, common problems in the industry, the growth in machine tool orders, Amazon’s plans to increase spending with U.S. suppliers, and the impact of supply chain problems on consumers. It also includes a brief commentary on the outlook for the manufacturing industry.
Machine Tool & Manufacturing Insight (Spring 2021)
This insight focuses on a number of topics that pertain to the machine tool/manufacturing industry as a whole, including challenges and opportunities in 2021, the strain associated with congested ports and disrupted supply chains, production cuts extended by GM, metal manufacturers’ request that President Biden rescind tariffs, and opportunities and challenges being faced by women. It also includes a brief commentary on the outlook for the manufacturing industry.
Alternative Energy Trucking (Spring 2021)
Recently, there has been a lot of exciting buzz around alternative energy being used throughout the transportation industries. Companies such as Tesla, General Motors & Toyota have all announced their investments into alternative energy medium & large sized trucks. It seems inevitable that zero-emission vehicles will one day be the norm across the United States, but how far off are we? This question is the toughest to figure out. While there is a ton of noise around zero-emission vehicles (ZEVs), the production and infrastructure is simply not where it needs to be. With that said, one of the key factors pushing the development of ZEVs is the legislature established from the California Air Resources Board that take effect in stages starting in 2024. The first year of this regulation requires 9% of Classes 4-8 straight trucks sold in the state to be zero-emission vehicles.
Construction Industry Insight (Fall 2020)
This insight focuses on a number of topics that pertain to the construction industry as a whole, including impacts from the second wave of COVID-19, technologies that can change the industry, growth expectations for various construction markets, the potential effect of the presidential election on infrastructure spending, and plans for one of the largest U.S. coal producing companies to exit the production of thermal coal. It also includes a brief summary of trends in used equipment values.