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Economics

Rental has stellar 2011, sees 7 percent growth this year

- February 2012

The American Rental Association expects overall North American rental industry revenues to increase "at least" 7 percent in 2012 to total $33.5 billion, based on figures compiled by IHS Global ...

LaHood reviews $536 million I-4 Connector

- February 2012

U.S. Transportation Secretary Ray LaHood on Jan. 27 reviewed progress on the $536 million I-4/Lee Roy Selmon Expressway Connector and reiterated President Obama's call for infrastructure investment and ...

Ritchie Brothers holds annual auction

- February 2012

Ritchie Brothers Auctioneers will sell more than 9,100 heavy equipment items and trucks – the most items the company has ever sold at a single auction – at its unreserved ...

Cat reports 2011 full-year, Q4 results; profits up 83 percent

- January 2012

Caterpillar Inc. delivered record-breaking 2011 sales and revenues of $60.138 billion, an increase of 41 percent from $42.588 billion in 2010, citing "outstanding execution and stronger global demand," as the ...

Granite Construction releasing Q4 results Feb. 22

- January 2012

Granite Construction Inc. will release full year and fourth quarter 2011 financial results on Feb. 22, 2012, after the market closes. The company will host an investor ...

Sen. Cornyn introduces legislation to authorize Keystone XL Pipeline

- January 2012

U.S. Senator John Cornyn (R-Texas) on Jan. 30 joined a bipartisan group of senators, including Sens. Hoeven (R-N.D.), Lugar (R-Ind.), and Vitter (R-La.), to announce they will introduce legislation to ...

Ritchie Bros., CIM charity auctions makes half million

- January 2012

Ritchie Bros. Auctioneers, the world's largest auctioneer of heavy equipment and trucks, conducted two unreserved auctions during World of Concrete in Las Vegas, held Jan. 24-27. The first auction, a World ...

Ritchie Bros. Auctioneers declares quarterly dividend

- January 2012

Ritchie Bros. Auctioneers Inc. has announced that its Board of Directors has declared a quarterly cash dividend of US$0.1125 per common share payable on March 9, 2012, to shareholders ...

Volvo sales surge in 2011

- January 2012

Volvo Trucks in 2011 recorded the North American heavy-duty truck industry’s largest market share gain of the year, based on retail sales data compiled by WardsAuto Group. Volvo also ...

LaHood: Nearly $1.6 billion available for damaged roads, bridges

- January 2012

Nearly $1.6 billion is being made available to states and territories across the United States to help cover the costs of repairing roads and bridges damaged by a ...
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