PHOTO BY TUDOR VAN HAMPTON / ENR While fleet managers are replacing aging machines, the rate of purchases is slowing down. This dip is mainly due to a lack of confidence in construction starts, which are expected to remain flat next year. While mining, oil and gas projects could be bright spots for big equipment next year, general construction, well, not so much.Even so, most fleets are still in need of fresh iron. During the recession, contractors, rental companies and truckers have stretched their machines far beyond their typical useful lives. At some point, fleets need to be upgraded to
The growing need to collect, store and analyze the huge volumes of data collected from infrastructure project stakeholders is generating a new growth area for construction-sector firms, IT vendors and professionals.