CEDMag.com - March 2013 Articles
Construction Equipment Distribution magazine is published by the Associated Equipment Distributors, a nonprofit trade association founded in 1919, whose membership is primarily comprised of the leading equipment dealerships and rental companies in the U.S. and Canada. AED membership also includes equipment manufacturers and industry-service firms. CED magazine has been published continuously since 1920. Associated Equipment Distributors
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CEDMag.com - March 2013 Articles

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MARCH 2013
  • Ontario Infrastructure Engine Chugging, But Feebly
    Markets
    By Tom Van Dusen Jr.
    Deficits, unemployment, and politics plague Canada’s most populous province, which badly wants a return to glory days.
    The words that anybody involved in construction and equipment sales wanted to hear were contained in the Speech from the Throne presented by Ontario’s new government Feb. 19: Positive words about infrastructure – but no numbers attached. If there are any, they’ll come later in the provincial budget. In the formal speech delivered in the provincial legislature, new Liberal Premier Kathleen Wynne and her colleagues presented their governmental game plan. It’s the long-term vision of a minority government requiring cooperation from at least one of two opposition parties to retain power.
    [ read more ]
  • U.S. Keeps Building New Highways While Letting Old Ones Crumble
    Infrastructure
    By Curtis Tate and Greg Gordon | McClatc hy Newspapers
    Funding to properly maintain roads and bridges is but one slice of the bigger, national funding conundrum.
    Oil-rich Texas has built more highways and bridges than any other state, but over the next two decades it will fall $170 billion short of what it needs to keep the sprawling network in good repair. In California, transportation officials estimate that 60 percent of the state’s roads and a quarter of its bridges need to be repaired or replaced, at a projected cost of $70 billion over a decade, some $52 billion more than the available funds.
    [ read more ]
  • Kobelco's Plan of Attack? Getting the Management 'Band' Back Together
    Manufacturing
    By Joanne Costin
    Then ramping up a strong dealer network this year, which the manufacturer says it is committed to supporting
    While Kobelco dealers were home sipping libations and enjoying their Christmas dinners, big changes were brewing at the manufacturer’s headquarters in Tokyo. On Dec. 26, 2012, it was announced the 10-year alliance that paired Kobelco Construction Machinery and CNH Global N.V. would abruptly end by mutual decision. Just days later on Jan. 1, Kobelco took control of its own destiny in the U.S. as well as in Europe, Latin America, the Middle East and Russia, where they had previously partnered with CNH. The agreement assured Kobelco customers a continuous supply of parts for 10 years, but left dealers looking for answers as their dealership agreements effectively expired overnight.
    [ read more ]
  • It's Time for Your... Performance Evaluation!
    Employees
    By Bobby Weber
    12 tips for transforming bad or nonexistent review processes into effective tools that help people reach their full potential.
    Articles in the Wall Street Journal and other publications have questioned the validity of "The Annual Performance Review." Some businesses have stopped using evaluations altogether because managers cannot see any value being added through the process. While many companies still require managers to complete yearly performance evaluations, most managers see the process as a fruitless exercise. However, performance evaluation can be a useful tool for developing great people and driving performance. The problem is that most managers approach performance evaluation from an outdated, "old world" perspective.
    [ read more ]
  • U.S. Surface Infrastructure: Looking Beyond the Data
    Washington Insider
    By Christian Klein
    What AED's new study really tells us about the future of the federal highway program.
    A new AED-sponsored study by researchers at the College of William and Mary has painted a clearer picture of the fiscal problems facing the federal highway program. Among other things, our research team predicts the Highway Trust Fund (HTF) – the primary surface transportation funding mechanism – will be hundreds of billions of dollars in the red over the next two decades. Here are some of the most important conclusions I’ve drawn from the report.
    [ read more ]