Out of 35 dealer event winners from across North America, only two operators have earned the right to advance to the final round of the Cat Global Operator Challenge (GOC) to be held during ConExpo-Con/Agg in March.
Read MoreDay: January 9, 2023
Dodge Momentum Index Wraps up 2022 with December Growth
The Dodge Momentum Index (DMI), issued by Dodge Construction Network, improved 6.6% (2000=100) in December to 222.2 from the revised November reading of 208.3. In December, the commercial component of the DMI rose 8.4%, and the institutional component ticked up 2.7%. “One of the key construction storylines for 2022 was the return of enthusiasm and optimism in prospects for nonresidential…
Read MoreRitchie Bros. Acquires Controlling Stake in VeriTread
Ritchie Bros. has acquired a controlling stake in VeriTread, a leading transportation technology and services company. This acquisition will accelerate Ritchie Bros.’ marketplace strategy, which brings services, insights and transaction solutions together to improve the overall customer experience. VeriTread, founded in 2013, brings a legacy of experience in building heavy haul transportation platforms and solutions for industrial equipment, vehicles, and…
Read MoreRulmeca Promotes Vrablic to President
Rulmeca Corp. promoted Brian Vrablic to president of the company, effective Jan. 1. Vrablic joined the company in 2013, most recently serving as director of sales & marketing.
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