Buildots recently has raised $45 million in series B financing, with other construction technology startups gaining solid investment as the sector remains hot.
Federal lawsuit seeks class action against RB Global, Rouse Services and several large U.S. equipment rental companies for illegally fixing construction equipment rental prices.
German-based TBM manufacturer is progressing on a challenging dig under the Elbe River estuary, and expects further tunnel work in the future as Germany prepares significant investments in infrastructure.
Equipment manufacturers Volvo CE and Case CE introduced new electric dump trucks and excavators at the triennial equipment trade show, while electrification firm Moog showcased aftermarket conversions of diesel equipment to full battery electric.
Chief Operating Officer Joe Creed will assume the lead role after CEO Jim Umpleby steps down May 1, with a somewhat rocky road ahead for the company amid softening sales expectations and tariff uncertainty.