Category: Business
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Truck-as-a-Service (TaaS) Market Poised for Major Growth Through 2034
The global Truck-as-a-Service (TaaS) market is projected to grow more than fivefold over the next decade, rising from approximately $29.5 billion in 2025 to $161.76 billion by 2034, according to a report from Towards Automotive. TaaS refers to a logistics model where businesses rent or lease trucks as needed, rather than investing in their own…
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Take Action: 2025 Asphalt Industry Survey | Asphalt.com
This short 20-question survey is part of our annual State of the Road Building Industry report, published by Asphalt Contractor magazine. Each year, we gather insight from across the country to better understand what contractors like you are facing: from workforce and materials to bidding, equipment, and policy. This year we decided to collect input…
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How Construction Companies Can Protect Cash Flow Amid Industry-Wide Payment Delays
Late payments and slow cash flow have plagued the construction industry for so long that most of us think of it as the norm. And it’s only getting worse – according to one recent report, 82% of contractors now face payment waits of over 30 days, up from 49% just two years ago. Slow payments…
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Why Cash Flow Determines Long-Term Success in Construction
In the construction industry, it’s easy to get caught up by seven-figure contracts and impressive profit margins. But while revenue and profitability are important, they can mask an underlying threat that has taken down many otherwise successful contractors: poor cash flow management. Profit Isn’t Enough: The Cash Flow Blind Spot Many business owners equate financial…
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PAVE/X Builds the Education Your Whole Crew Needs
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At PAVE/X, we talk a lot about education. But not just the kind that targets business owners or first-year laborers. What about the people in the middle? The foremen, project managers, estimators, and superintendents who are the operational backbone of any paving company. That gap is exactly what Bryce Harem, General Manager of Central Paving,…
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Why Construction Progress Tracking Needs an AI Upgrade
Delays on construction projects can cost thousands of dollars per day, yet the way teams track site progress often lags the pace at which decisions need to be made. Even $100M-plus builds still rely on weekly updates, email threads and manual status reports. Even $100 million+ projects still rely on email threads, manual status reports…
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Hitachi Construction Machinery Europe Restructures Leadership to Drive Growth and Agility
Hitachi Construction Machinery in Europe has announced the appointment of Dr. Hubertus Muenster as Director of Sales, Rental, and Distribution Management, effective July 1, 2025. The leadership change is part of a broader restructuring of the company’s Sales & Marketing division, with the goal of becoming more responsive to market needs and closer to its…
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How Safety Professionals Can Control Costs Without Compromising Worker Protection
Economic volatility and persistent financial pressures characterize the current economic landscape. Businesses across all industries are scrutinizing every expenditure, leading to widespread calls for belt-tightening and greater efficiency. One area where this scrutiny is especially evident is how organizations allocate resources for critical initiatives, including workplace safety. Healthcare costs are set to increase by 5.8-9%…
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Ducker Carlisle Launches AI Solutions to Boost Efficiency and Growth in Heavy Industries
Ducker Carlisle has introduced a suite of eight AI-powered solutions aimed at helping manufacturers in heavy industries increase revenue, reduce inefficiencies and accelerate digital transformation. Designed for sectors like automotive, construction, and industrial equipment, the tools address common operational bottlenecks and streamline decision-making. The offerings include tools for automating request-for-proposal (RFP) responses, generating quotes, extracting…
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6 Ways Charging Technology Is Advancing Industrial Equipment Electrification
The more industries lean into electrification, the more a profound realization sinks in – the battery is only the tip of the iceberg. This realization is critical for Original Equipment Manufacturers (OEMs) in industrial sectors. While battery choice is certainly important, the selection of accompanying components that interact and integrate with it is equally crucial.…