The annual parade of heavy iron past the viewing stands at the Ritchie Bros. auction in Orlando, Fla., is often taken as a bellwether for the health of the equipment industry.
With hopes that the Trump administration will make a serious investment in U.S. infrastructure and scattered economic indicators hinting at an uptick in construction, equipment manufacturers are looking to call attention to the latest advancements in construction technology at this year’s CONEXPO-CON/AGG trade show.
Peoria, Ill.-based equipment maker Caterpillar Inc. announced Oct. 17 that its CEO and chairman Doug Oberhelman will retire from the company in March, 2017. Oberhelman has been with Caterpillar for 41 years, and was appointed CEO in 2010.
In a major step toward providing a common set of equipment data across mixed fleets, the telematics standard, which is being developed jointly by the Association of Equipment Manufacturers and the Association of Equipment Management Professionals, received approval on July 21 from the International Organization for Standardization (ISO) as a global standard.
As the general public is exposed almost daily to marketing that promotes the prospects of self-driving cars, it’s not too much of a stretch for construction professionals to imagine a similar future for autonomous equipment on the jobsite.