After two-years of building up its user base in the lower Midwest, peer-to-peer construction-equipment rental service EquipmentShare recently has secured $26 million in private equity funding.
Construction spending in the U.S. fell by 0.2% in December, to a seasonally adjusted annual rate of $1.18 billion, according to the U.S. Dept. of Commerce’s Census Bureau.
It started simple enough: a wireless camera mounted on the hook block of a tower crane, allowing the operator in the cab to see the rigger on the ground and the area around the hook.
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.
Coming off of a slow sales in 2016, Mack Trucks is confident that it will strengthen its position in the construction vocational truck market despite continued weakness in Class 8 truck sales.