construction News Updates

GovernmentBusinessTechnologyLogistics

US Navy Looks to Palantir in Push to Ramp Up Shipbuilding

The U.S. Navy is turning to Palantir as part of its effort to speed up submarine production, in a bet that the company’s analytics capabilities can better expose supply chain problems.

December 10, 2025
BusinessEquipmentLogisticsPrivateTop 100

°®¶¹´«Ã½ Depot Issues Cautious 2026 Outlook

The U.S. housing market has weighed on °®¶¹´«Ã½ Depot as high interest rates prompt consumers to remain on the sidelines for big-ticket purchases and projects that require financing.

December 9, 2025
BusinessTechnologyEquipmentFuel

Proterra Upbeat on Battery-Electric Demand Prospects

Proterra debuted its upgraded battery pack, the H2-23, in April, specifically targeting it for the Class 8 truck market and other demanding commercial applications.

November 26, 2025
BusinessTechnologyEquipmentFuel

Analyst Says Machinery Maker Caterpillar Isn't AI Darling

Caterpillar was always an unlikely winner in the AI craze. It makes the bulk of its money selling the equipment like yellow earth movers that has made it a stalwart of American industry.

November 18, 2025
GovernmentBusinessEquipment

Caterpillar Misses Profit Estimates as Tariffs Push Up Costs

Caterpillar — seen as a bellwether of the health of the global economy — saw total sales slip in both construction and resource industries.

August 5, 2025
BusinessEquipmentPrivateTop 100

Lowe’s °®¶¹´«Ã½s In on Professional Customers in $1.3 Billion Deal

Lowe’s has agreed to buy an interior services provider for around $1.3 billion, the retailer’s latest effort to expand its footprint with professional contractors amid a soft housing market.

April 15, 2025
BusinessEquipmentPrivate

Herc Rentals Outbids United in $3.9B Merger with H&E

Herc Rentals is set to merge with fellow construction equipment supplier H&E Equipment Services after outbidding the largest player in the field, United Rentals, the company said Feb. 18.

February 18, 2025
BusinessEquipmentLogisticsPrivateTop 100

Cemex CEO Fernando González to Step Down After 30 Years

González will be replaced April 1 by Jaime Muguiro, who is the current head of Cemex’s U.S. operations, the company said in a statement.

February 10, 2025
BusinessEquipment

United Rentals Q4 Profit, Revenue Rise

The Stamford, Conn.-based company posted a 1.5% increase in Q4 net income to $689 million from $679 million. Revenue increased nearly 10%.

January 30, 2025
BusinessEquipmentLogisticsPrivateTop 100

QXO’s Hostile Bid for Beacon Roofing Fuels M&A Optimism

M&A specialists are eyeing a robust list of U.S. takeover candidates, with a buoyant economy, strong buyer appetite and a potentially looser regulatory regime seen driving more deals.

January 29, 2025