Preliminary net orders for North American (N.A.) Class 8 trucks/tractors in June totaled 8,900 units, marking declines of 25% month-over-month (m/m) and 36% year-over-year (y/y.) Although June typically experiences a modest m/m increase, ongoing tariff volatility coupled with economic and freight market uncertainty led many fleets to scale back their orders. Net orders were significantly below the 10-year average of…
Read MoreDay: July 2, 2025
CalCIMA Updates Legislative Developments in California
According to the California Construction and Industrial Materials Association (CalCIMA), as part of a deal in enacting the 2025-2026 fiscal year state budget, legislators and Gov. Gavin Newsome hammered out an agreement on permitting reforms to stimulate housing and manufacturing. Specifically, the legislation exempts and streamlines certain permitting provisions in the California Environmental Quality Act (CEQA) for infill housing and…
Read MoreHD Hyundai Announces Merger of Construction Equipment Divisions
HD Hyundai, headquartered in Seoul, South Korea, will merge its construction equipment divisions to create a new company, tentatively named HD Construction Equipment, effective Jan. 1, 2026. The merger will combine HD Hyundai Infracore and HD Hyundai Construction Equipment. The Hyundai and DEVELON brands will continue to coexist. The two companies currently operate independently in North America through distinct dealer…
Read MoreStop the Madness
Why Discounting Aggregates Is Financial Self-Harm. By Barry Hudson You wouldn’t saw off the branch you’re sitting on, right? And yet, every time someone discounts the price of aggregates just to “close the deal,” that’s exactly what’s happening to the bottom line of your quarry – or worse, your entire enterprise. Let’s make one thing abundantly clear: aggregates is a…
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