CEDMag.com - August 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 - August 2013 Articles

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AUGUST 2013
  • Building a Gateway to Asia
    Market Update
    By Tom Van Dusen
    Projects - and equipment opportunities - are busting out all over British Columbia's Prince Rupert and Kitimat, fueled by LNG 'liquid gold.'
    It's a tale of two cities, two small cities that are poised to become much bigger - and a lot richer. Along the way to the level of prosperity other places can only dream of, these two communities on the northern coast of British Columbia will be providing millions of dollars worth of opportunities to construction companies, contractors and heavy equipment suppliers. Let's consider them separately.
    [ read more ]
  • CED 2013 Midyear Business Report: Dealers Watch for Second-Half Pop
    Midyear Business Report
    By Joanne Costin
    Despite external variables, including one of their biggest concerns - health care costs - dealers try to stay focused on what they can control.
    If you had to describe how the market will evolve in the second half of the year, "moving from cautious to cautiously optimistic" might do it. In AED's recently completed Midyear Business Survey, optimism is reflected in dealers' projections for the second half of 2013. The first half, while positive, did not have the strength of 2012.
    [ read more ]
  • Activity Moves Up, Down and Sideways
    Industry Overview
    By Ken Simonson
    With symptoms like these, prognosis for 2014 is murky.
    Midway through 2013, construction is displaying a split personality. Private residential construction, both single- and multifamily, is going gangbusters. Private nonresidential construction has been going nowhere. And public construction is headed in reverse. Where will these segments head for the rest of 2013 and beyond? What might drive a change in direction?
    [ read more ]
  • Not Your Grandfather's Rental Companies
    Rental
    By Loretta Sorensen
    An RER-hosted webinar this spring, featuring three rental industry experts, focused on the sophistication of rental companies today, and a continued rental-ripe climate in the U.S.
    Twenty years ago, rental companies accounted for about 5 percent of construction equipment sales. But in 2012, that figure rose to at least 45 percent and rental industry experts predict it could reach 50 percent by 2015. So what's behind this dramatic change? Rental industry expert Dan Kaplan of Daniel Kaplan Associates said the upward trend was sparked by the economic uncertainty originating with the 2008 downturn. The lingering uncertainty of that economic decline, coupled with the highly professional equipment rental services that rental companies are using to make construction companies more profitable, is causing contractors to rent rather than own their equipment.
    [ read more ]