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Construction Equipment Industry News AEDNews is the weekly electronic newsletter published by AED. Contact Kim Phelan at (800) 388-0650 ext. 340. with any questions or feedback.
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Industry News

U.S. Transportation Secretary LaHood Announces $3.7 Billion in Additional Hurricane Sandy Disaster Relief Aid for Transit Agencies

NAHB Applauds Sens. Menendez and Isakson for Legislation to Spur Construction Lending

BMO Housing Confidence Report: Reveals Surprising Regional Shift in Buying Intentions While Affordability Improves

Architecture Billings Index Reverts into Negative Territory for First Time in Nine Months

House Passes ABC-Supported Bill to Repeal Health Care Law

Employers Must Provide Employees a Notice of Health Coverage Options by Oct. 1

Wajax Announces 2013 First Quarter Results

Construction Industry, Unions Urge Support for House Keystone XL Approval Bill

Strongco Reports First Quarter Results

AEM Intensifies Battle to Defeat New Hampshire Dealer Legislation

Lawmakers Unveil Bipartisan Effort to Rein in EPA

President to Slash Project Approval Timelines in Half

Wacker Neuson Reports First Quarter Revenue Drop; Remains Optimistic

Construction Employment Declines in 32 States and D.C. Between March and April

Builder Confidence Improves in May

Housing Affordability Holding Strong in Early 2013

Mortgage Rates Move Higher for Second Consecutive Week

Deere Announces Record Second-Quarter Earnings of $1.084 Billion

Cummins Releases 10th Sustainability Report

Caterpillar and Mining Machinery Limited Announce Settlement Agreement Related to Siwei Acquisition

Canadian Housing Market Calm, Cool and Collected, Says BMO Economics

Amendment to Visa Program Could Improve Immigration Bill for Construction

House Passes Bill Allowing Workers to Choose Pay or Comp Time for Overtime Hours

Housing Starts Slip with Multifamily Correction in April

AED Commends Senate WRDA Passage as Model of Bipartisanship

Bobcat Company Breaks Ground on $20 Million Expansion to Create Innovation, Testing and Technology Facility

CNH Invests $13 Million in New Indiana Parts Facility

ASC Acquires North Dakota and Western Minnesota Territories for Volvo Construction Equipment

Canadian Housing Starts Continue to Moderate in April

Finning Reports Q1 2013 Results and Increases Dividend

Construction Industry Gets a Workforce Boost with New BuildForce Canada

Atlas Copco Compressors Creates Central Technical Support Competency Group

Appeals Court Unpins NLRB Poster Rule

Bipartisan Bill Introduced to Boost State Revolving Funds

Bipartisan, Bicameral Leaders Launch Tax Reform Campaign

AED, Industry Colleagues Support TRIP Bond Legislation

Average Canadian Pay Rose in February, Led by Construction Wages

TRB to Host Webinar on Funding Challenges and Opportunities in MAP-21

J.J. Kane and Texas Utility Companies Hold Large Construction Equipment Auction June 6

Finning International Announces Scott Thomson as President and CEO

New Study: Imports Support 16 Million U.S. Jobs

Manitex International, Inc. Reports Record Q1 Revenues of $59.6 Million

Gorman-Rupp Company Subsidiary Proceeding on Major New Orleans Flood Control Project

Builder Confidence in the 55+ Housing Market Shows Strong Growth in First Quarter

Caterpillar Chief Technology Officer Urges Congress to Pass Immigration Reform Legislation

Case Construction Announces ProCare Will be Standard on Machines Equipped with SiteWatch Telematics

Water Infrastructure Bill Heading to Senate Floor

Improving Markets List Includes 258 Metros in May

Ontario Budget Delivers Infrastructure Investment; Silent on Tools to Manage Costs, Says Municipalities

NCCCO Launches Service Truck Crane Operator Certification Program

Bell Equipment Appoints U.S. Distributor for Articulated Trucks

Large Supply of Construction Equipment Added to J.J. Kane May 9 Auction

Ritchie Bros. Auctioneers Announces First Quarter Results

TruckPlanet Hosts a One-Owner Auction for Ryder Trucks

H&E's Revenues Increase 22 Percent in the First Quarter

CNH First Quarter 2013 EPS Increases 20 Percent to $1.33 on Net Sales of $4.7 Billion; Construction Equipment Declines

Generac Reports Record First Quarter 2013 Results

Atlas Copco Completes U.S. Compressor Distribution Acquisition

Construction Unemployment Drops to Five-Year April Low of 13.2 Percent

Construction Employment Increases in 152 Out of 339 Metro Areas Year Over Year in March

Manufacturing Expands for Fifth Straight Month

Cummins' First Quarter Revenues Decline 12 Percent

AED-Commissioned Study Helps Congress Understand Highway Funding Challenges

Ken Taylor to AED Dealers: This is What Fly-In is About

Obama Taps Charlotte Mayor for Top DOT Job

Carmolingo New Trico Lift President

New EPA Report to Congress Highlights Success of Diesel Emissions Reduction Program

Bidspotter Acquired by ATG Media Holdings

Charlotte Mayor Anthony Foxx to Replace LaHood as USDOT Secretary

Federal Highway Funding: Don’t Read This, It Is Too Depressing

Manitou Revenue Drops 14 Percent Overall, Compact Equipment Up 21 Percent

IronPlanet Launches TruckPlanet, an Online Marketplace Exclusively for Commercial Trucks

Associated Builders and Contractors Wins PLA Battle

Cummins Breaks Ground for New Emission Solutions Plant in Germany

Housing Tax Incentives Critical to Maintain Thriving Middle Class, NAHB Tells Congress

March Leasing, Finance Business Volume Up 45 Percent Over February

Construction Employment Increases in 30 States Between February and March

Housing Recovery Continues But Headwinds Remain

New-Home Sales Rise 1.5 Percent in March

Caterpillar Reports First-Quarter Results, Revises Outlook and Announces Resumption of Stock Repurchase

House Committee Approves Bill Allowing Workers Option of Comp Time

J.J. Kane Announces May 2 Equipment Auction in Kansas City, Mo.

Ritchie Bros. Conducts Its First Chinese Unreserved Public Auction

Volvo Construction Equipment Maintains Profitability Despite Weak Global Market

Fly-In's Room Block Deadline is Tuesday, April 23

Leading Platform and Service Providers Add Infor Equipment for Cloud Offerings

Altaaqa Global And Caterpillar Inc. Signs IPP Agreement

U.S. Powered Access Rental Market Growing Says IPAF Report

Wacker Neuson Labels Particularly Environmentally Safe and Efficient Product Solutions with the ECO Seal

Equipment Lease Finance Industry Confidence Eases in April

New Study: Thirty-Eight Percent of Highway Contractors Reported That Vehicles Crashed into Their Construction Work Zones During Past Year

Immigration Proposal's Arbitrary Cap on Construction Workers Would Undermine Economic Recovery, Official Cautions

Construction Employment Increases in 30 States Between February and March as Industry Adds Jobs in 31 States and D.C. Over Past Year

Statement from NAHB Chairman Rick Judson on Senate Immigration Bill

Housing Starts Rise on Strength in Multifamily in March

Mortgage Rates Move Lower Again, Near Record Lows

Caterpillar Announces New Organization to Drive Sustained Improvements in Customer Deliveries and Operational Efficiencies

Canadian Housing Market Remains Balanced, Says BMO

Construction Groups Ask Congress to Support Government Neutrality in Contracting

AED, Construction Allies Urge State Department to Approve Keystone XL

MacAllister's Michigan Rental Expands Footprint with Titan Purchase

AEMP Names 2013 Technicians of the Year

NAHB to Host Spring Construction Forecast Webinar This Week

AEMP Names 2013 Fleet Masters

Rising Costs Put Squeeze on Builder Confidence in April

AED Weighs In on Ways & Means Committee Tax Reform Draft

State Department Approves Detroit-Windsor Bridge

Record Sales for Liebherr in 2012

Titan Machinery Grows Fourth Quarter Revenue 29 Percent

U.S. Transportation Secretary LaHood Announces Additional $76 Million in Emergency Relief Funds for Hurricane Sandy Damage in New Jersey

U.S. Chamber Comments on President Obama's Budget

Atlas Copco to Acquire German Torque Wrench Maker

NAHB: Rep. Hastings’ Bill Would Keep Forests Healthy, Boost Timber Production

Construction Employment Increases in 158 Out of 339 Metro Areas Between February 2012 and 2013, But Immigration Deal, Public Spending Cuts Pose Risks

Construction Materials Prices Flat in March But Contractors Margins Are Vulnerable

Homebuilders to Congress: FHA Reform Efforts Must Ensure Borrowers Have Access to Affordable Home Loans

J.J. Kane and National Grid USA Announce Used Construction Equipment Auction April 27, 2013, in Worcester, Mass.

Infor Delivers Next Generation of Infor Service Management

Caterpillar Inc. Maintains Dividend Rate

AED Urges Congress to Fix Complicated, Archaic Tax Code at House Small Business Hearing

Wagner Equipment Purchases Part of Bucyrus Distribution Business from Caterpillar Global Mining

Ritchie Bros. Officially Launches New Online Marketplace, EquipmentOne

AED Vice Chair to Testify on Small Business Tax Reform Proposals

AED Urges Stronger International Equipment Framework

Doosan Offers Special Limited-Time Warranty to New-Equipment Owners

New Data Shows Increased Market Share of Small and Medium-Sized Exporters

Dodge Momentum Index Jumps Again in March

Marginal Growth for Global Construction Equipment Industry

Statement of Acting Labor Secretary Seth D. Harris on March Employment Numbers

Atlas Copco Completes Acquisition of MEYCO

Minnesota School is Latest to Earn AED Accreditation

Q2 Economic Outlook: Equipment and Software Investment to Grow 5.6 Percent in 2013

Construction Spending Rebounds in February with Private, Public Gains; Industry Association Calls for Adequate Federal Infrastructure Funding

Construction Jobs Rise for Tenth Month in a Row to Three-Year High as Firms Add 18,000 Employees in March and Unemployment Falls to 14.7 Percent

Construction Groups Concerned Senate Plan Repeats Mistakes of Previous Failed Immigration Reforms

Number of Improving Housing Markets Holding Steady in April

Toronto Housing Market Well Balanced, Says BMO

New Panel to Review EPA Fracking Report

Mining Industry Embraces Technology As Skilled Workforce Diminishes, According to BDO Study

Lower Operating Costs Mean New-Home Buyers Can Afford More House

Machinery Manufacturing Contracts in March

U.S. Transportation Secretary LaHood Announces $1.42 Billion to Help Transit Agencies Recover From Hurricane Sandy

Ontario General Contractors Association Supports Initiatives in Federal Budget

Home Builders Call on Congress to Move Forward on Housing Finance Reform

Liebherr: New Sales and Service Subsidiary Founded in Mexico

Tetsuji Ohashi Assumes President and CEO Roles at Komatsu Ltd.

Construction Employment Climbs in 35 States Between January and February; Federal Cuts May Trim Gains

New-Home Sales Decline in February from Strong January Pace

Construction Industry Responding to Alberta Skills Shortage Challenge

Caterpillar Continues China Build-Out

Health Care Law Continues to Create Uncertainty and Confusion

Volvo CE Inaugurates $100 Million North American Expansion

New Canadian Budget Includes Infrastructure Investments

Senate Committee Passes WRDA, Infrastructure Still Bipartisan

Housing Industry Considers Financing Reform at Housing Opportunity Conference Last Week

Canadian Home Builders Welcome Budget Priorities for Construction

Metso Board Considers a Possible Demerger

BMO Harris Private Banking Market Outlook: Economy Rallies in North America

Ritchie Bros. Auctioneers Conducts Grand Opening Auction in Geelong, Australia

ELFA Reports New Business Volume Decreased 6 Percent Year-Over-Year in February

Modern Group Announces Organizational Changes

Construction Employment Increases in 145 Out of 339 Metro Areas Between January 2012 & 2013 as Firms Begin to Worry About Supply of Skilled Workers

Growing Labor Shortages Impeding Housing and Economic Recovery

List of Improving Housing Markets Rises to 274 in March

Mortgage Rates Head Lower for Start of Spring Homebuying Season

Omaha Standard Palfinger Names Jason Holt Vice President of Operations

Volvo CE President Pat Olney Reaffirms Cautious Outlook for North America in 2013

Senate Considers Government Funding Bill, Highway Investment Impacted

House Passes Workforce Development Bill

Builder Confidence Slips Two Notches in March

Atlas Copco to Acquire Hydraulic Torque Wrench Business

New Report Shows Heavy Equipment Auction Market Trends

Volvo CE Rounds Off 'Reasonable' Year Despite Sharp Downturn in Fourth Quarter

BMO: Tips for Small Businesses to Protect Against Fraud

Warm Weather Boosts Highway Construction Market Activity in January, Analysis Shows

Employment Report Shows Job Growth in All Significant Construction Sectors

Guangxi Cummins Engine Company Celebrates Official Start of Operations with Completion of First Engine

Regulatory Burdens on Small Business Hurt Housing, Economy, Builders Tell Congress

Rocky Mountain Dealerships Announces Annual and Fourth Quarter 2012 Results

Shale Energy Development Has Broad Economic Benefits, Equipment Industry Leaders Tell House Panel

Government Funding Legislation Chops Infrastructure Spending

Cashman Equipment to Sell and Service Legacy Bucyrus Mining Product

Sandvik to Acquire Canadian Drilling Solutions Provider

Infor Announces Agreement to Acquire CERTPOINT Systems Inc.

IronPlanet Breaks Its Record for Highest Value Item Sold

Construction Employment Level Hits Three-Year High

Fourth Quarter Indices Show Continued Improvement for Apartment and Condominium Market

Ritchie Bros. to Conduct Grand Opening Equipment Auction in Geelong on March 19

Canadian Building Permits Rise 1.7 Percent in January; Increase in Residential Permits Offsets Decline in Nonresidential Permits

Wells Fargo Releases an Optimistic Forecast for the Construction Industry

Sunbelt Revenue Grows 27 Percent in Quarter

Deere and Cummins Named Among World's Most Ethical Companies

New CIT Executive Spotlight Focses on the Energy Sector

Wajax Announces 2012 Fourth Quarter Earnings

State Report: Keystone Won't Impact Environment

Senators Unveil Infrastructure Bank Legislation

Sequestration Impacts Federal Construction Programs

Highway and Bridge Contract Awards Down 3 Percent, According to Latest ARTBA Economic Report

Wajax Industrial Components and Kaman Industrial Technologies Form Strategic Alliance

Mortgage Rates Break Holding Pattern, Move Lower

Nelson Promoted to President of the Commercial Segment of Oshkosh

Titan Machinery Acquires Adobe CE, LLC

Large Selection of Mining Equipment at Upcoming Ritchie Bros. Auctions in March

Equipment Leasing and Finance Association’s Survey of Economic Activity: Monthly Leasing and Finance Index

IPAF Introduces eLearning Module for Aerial Work Platforms

Construction Spending Level Tumbled in January from Upwardly Revised December Total; Year-Over-Year Gains Continue Despite Public Spending Cut

Deere & Company Among "FORTUNE'S" Top 50 Most Admired Companies

Exports of U.S. Made Construction Equipment Grew 13 Percent in 2012 to $26.7 Billion

New Home Sales Surge 15.6 Percent in January

IronPlanet Acquires Asset Appraisal Services

CNH Board of Directors Approves Merger Plan

Virginia Legislature Passes Transportation Bill

Orlando Auction Yields Ritchie Bros. US$176 Million in Equipment Sales

LaHood Details Impacts of Scheduled Automatic Budget Cuts

IRS Releases Favorable Ruling on LKE Programs

Equipment Lease Finance Industry Confidence Up Again in February

Construction Materials Prices Increase Between December and January and for the Year, Even as Sequestration Risks Billions in Construction Cuts

Housing Starts Down Due to Typical Multifamily Volatility; Permits Hit Four-Year High

Housing Affordability Not a Barrier for the Typical Buyer in Most Canadian Regions: BMO Economics

Strong Surge for Architecture Billings Index

MAP-21 Safety Webinar

President Unveils Infrastructure Investment Plan

IronPlanet Hosts Its Biggest Sale of the Year

Titan Machinery Acquires Tucson Tractor Company

Builder Confidence Virtually Unchanged in February

Nationwide Housing Affordability Increases at Year-End 2012



Event Calendar

AED's Washington Fly-In

Webinar: Delivering Superior Customer Service
Aligning Your Dealership for Results Through Teamwork
June 11, 2013
10-11:30 a.m. CDT
Presented by Christine Corelli

Webinar: Patient Protection and Affordable Care Act (PPACA) ...to Pay or Play?
What Health Care Reform Requires
June 12, 2013
2 p.m. CDT
Bobette Puckett and Ryan Holst, Alper Services, LLC
Moderated by Garry Bartecki

Parts Management Unit II: Performance Excellence (PE)
Presented by Ron Slee
June 17-18, 2013
Dallas, TX

Service Management Unit II: Performance Excellence (PE)
Presented by Ron Slee
June 19-20, 2013
Dallas, TX

Webinar: Industry Financial Updates for CEOs/CFOs
September 18, 2013
2 p.m. CDT
Moderated by Garry Bartecki

Webinar: The Serve Process
September 24, 2013
10-11:30 a.m. CDT
Presented by Don Buttrey Sales Professional Training™

Webinar: Customer Satisfaction Process
Now that you have the data, what do you do with it?
September 26, 2013
10-11 a.m. CDT
Presented by Rich Jilek

Test Drive: The Business War Game for Distributor Operations
October 1-2, 2013
Oak Brook, IL
Presented by PriSim Business War Games

Webinar: Constructive Coaching
Taking the time to build a better team
October 8, 2013
2 p.m. CDT
Presented by Barry Himmel

AED's CFO Conference: Financial Issues for Distribution Executives
October 10-11, 2013
Oak Brook, IL

Webinar: Parts Management - Basic Inventory Control
October 22, 2013
2-3 p.m. CDT
Presented by Ron Slee

Webinar: Parts Management - Tele-selling
October 22, 2013
11a.m.-Noon CDT
Presented by Ron Slee

Webinar: Parts Management - Pricing
October 23, 2013
2-3 p.m. CDT
Presented by Ron Slee

Webinar: Parts Management - Warehousing
October 23, 2013
11a.m.-Noon CDT
Presented by Ron Slee

Webinar: Resolving Conflict in the Workplace and Customer Situations
October 24, 2013
10-11:30 a.m. CDT
Presented by Christine Corelli

Webinar: Get Found - Strategies for Digital Marketing
September 26, 2013
2-3 p.m. CDT
Presented by Ed Steenman

Webinar: Service Management - Inspection
October 29, 2013
11 a.m.-Noon CDT
Presented by Ron Slee

Webinar: Service Management - Work Order Processing
October 29, 2013
2-3 p.m. CDT
Presented by Ron Slee

Webinar: Service Management – Labor Rates
October 30, 2013
11 a.m.- Noon CDT
Presented by Ron Slee

Webinar: Service Management – Service Organization
October 30, 2013
2-3 p.m. CDT
Presented by Ron Slee

The Four Pillars Of The Sales Profession™ For Dealers
Presented by Don Buttrey
November 5-7 2013
Dayton, OH

Parts Management Unit I: When It's Right (WIR I)
Presented by Ron Slee
November 11-12, 2013
Chicago, IL

Service Management Unit I: When It's Right (WIR I)
Presented by Ron Slee
November 13-14, 2013
Chicago, IL

Parts Management Unit III: Realizing Market Potential (RMP)
Presented by Ron Slee
November 18-19, 2013
Palm Springs, CA

Service Management Unit III: Realizing Market Potential (RMP)
Presented by Ron Slee
November 20-21, 2013
Palm Springs, CA

Webinar: Parts Management - In-store Merchandising
December 3, 2013
11a.m.-Noon CST
Presented by Ron Slee

Webinar: Parts Management - Purchasing and Expediting
December 3, 2013
2-3 p.m. CST
Presented by Ron Slee

Webinar: Parts Management - Best Practices
December 4, 2013
11a.m.-Noon CST
Presented by Ron Slee

Webinar: Parts Management – Standards of Performance
December 4, 2013
2-3 p.m. CST
Presented by Ron Slee

Webinar: Industry Financial Updates for CEOs/CFOs
December 6, 2013
10 a.m. CST
Moderated by Garry Bartecki

Webinar: Service Management - Flat Rating/Standard Jobs
December 10, 2013
2-3 p.m. CST
Presented by Ron Slee

Webinar: Service Management – Labor Efficiency
December 10, 2013
11 a.m.-Noon CST
Presented by Ron Slee

Webinar: Service Management – Shop Floor Scheduling
December 11, 2013
11 a.m.-Noon CST
Presented by Ron Slee

Webinar: Service Management – Standard of Performance
December 11, 2013
2-3 p.m. CST
Presented by Ron Slee