According to the latest market research report by Technavio, the global frac sand market is expected to grow at a Compound Annual Growth Rate (CAGR) of more than 10 percent until 2020.
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This Week’s Market Buzz
Oil prices turned higher as investors weighed data showing a drop in U.S. crude supplies against the Organization of the Petroleum Exporting Countries’ decision not to freeze production. The U.S. data demonstrated how more than a year of low prices and spending cutbacks by oil companies are leading to shrinking supplies, helping reduce the oversupply of crude oil without intervention…
Read MoreHyundai Construction Equipment Adds Four Dealers
Hyundai Construction Equipment Americas announced the expansion of its North American authorized dealer network with the addition of four dealerships, including three in the United States and one in Canada. Joining the Hyundai authorized dealer network are Columbia, Mo.-based EquipmentShare, serving northern and eastern Missouri; Belmont, Ohio-based RECO Equipment Inc., serving Ohio, Indiana, eastern Kentucky and eastern Tennessee from multiple locations;…
Read MoreConstruction Spending: Healthy Gains Year-Over-Year
The U.S. Census Bureau of the Department of Commerce announced that construction spending during April 2016 was estimated at a seasonally adjusted annual rate of $1,133.9 billion, 1.8 percent (±1.3 percent) below the revised March estimate of $1,155.1 billion. The April figure is 4.5 percent (±1.6 percent) above the April 2015 estimate of $1,085.0 billion.
Read MoreSupreme Court Rules Against EPA
The U.S. Supreme Court ruled unanimously on May 31, that a landowner can appeal a determination from the Army Corps of Engineers that a water body is subject to federal jurisdiction and permit requirements under the Clean Water Act through the federal court system.
Read MoreAggregates Production Explodes in First Quarter
The estimated U.S. output of construction aggregates produced and shipped for consumption in the first quarter of 2016 was 443 million metric tons (Mt), an increase of 16 percent compared with that of the same period of 2015, according to the U.S. Geological Survey (USGS).
Read MoreThern Cranes Are Durable, Maneuverable, Customizable
A new “Need a Lift” color brochure highlights Thern’s complete line of portable and stationary davit cranes. With crane capacities of 500 to 3,000 lb., davit cranes can be found around the world in almost every industry and thousands of applications. Thern Cranes are durable, maneuverable and customizable. Regardless of your spatial, strength or portability needs, there is a Thern…
Read MoreAtlas Copco Light Tower Features Operational Savings
Atlas Copco Construction Equipment’s two new light towers – the HiLight V4 and the LED HiLight V5+ – are lightweight, compact and feature Atlas Copco’s exclusive HardHat canopy for extreme durability in rugged applications, such as plant maintenance, construction and roadbuilding. The HiLight V5+ minimizes operational costs with its long-lasting LED bulbs and fuel-efficient operation. The HiLight V4 features four…
Read MoreMack Expands Heavy-Duty AMT Range with Two New Mack mDRIVE HD Models
Mack Trucks announced two new versions of its Mack mDRIVE HD automated manual transmission (AMT). As the first truck manufacturer in North America to offer low reduction gear ratios in a proprietary automated manual transmission, the mDRIVE HD 13-speed and mDRIVE HD 14-speed meet the needs of an even wider range of customer applications with the power and performance that only…
Read MoreRailBoss Rail Scale Enhanced to Improve Yard Efficiency and Savings
Rice Lake Weighing Systems recently re-released the RailBoss rail scale with added enhancements. An innovative sensing zone, MS quick-disconnect cable connectors and a streamlined installation bring added value to the already rugged and robust rail-car weighing system. Running balanced rail cars at or near capacity assures the greatest efficiency and profit. RailBoss eliminates the guesswork of volumetric measuring and variable…
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