NEWS YOU CAN USE

Number of construction cranes in US cities dips 19%

In the first quarter of 2025, there was a nearly 19% decline in active construction cranes across major U.S. cities, reflecting economic uncertainty and hesitancy in launching large-scale projects. Despite this, some markets like New York City and Honolulu showed resilience, with new residential and mixed-use developments driving activity. New York City saw an increase in crane count, marking a significant milestone in its urban development. While the overall crane count dropped, the report suggests a positive market outlook, anticipating increased activity in the coming months.

U.S. Electric Construction Equipment Market Forecast

The U.S. electric construction equipment market is projected to grow significantly, with a CAGR of 28.06% from 2024 to 2030, driven by demand for compact electric equipment, sustainable practices, and government incentives. Key developments include new electric machinery launches by Case Construction, Volvo, and Bobcat, alongside strategic collaborations like Caterpillar's agreement with CRH. Challenges include high equipment costs, limited charging infrastructure, and increased tariffs on imports from China. Government policies also shape the market in promoting carbon neutrality and phasing out diesel-powered equipment, with major players like Caterpillar, Volvo, and Bobcat leading innovation in the sector.

Driving North America: Getting more women into
road transport

An IRU webinar recently highlighted the challenges and opportunities, with leaders emphasizing the need for diversity and sharing personal stories of resilience. Regulatory insights from the International Labour Organization emphasize the evolution from protective measures to advocating full equality, while guidelines aim to address barriers women face in the industry. The discussion calls for rethinking recruitment, breaking cultural barriers, and fostering inclusive policies to accelerate change and integrate women more fully into the workforce.

Trucking Industry Reacts to New EPA Emission Standard for Heavy-Duty Trucks

The trucking industry has expressed concerns over the EPA's new emission standards for heavy-duty trucks, citing unattainable post-2030 targets due to the lack of zero-emission technology, insufficient charging infrastructure, and power grid limitations. The American Trucking Associations (ATA) criticized the rule for being overly restrictive and not accounting for the diverse operational needs of the industry. While the rule includes lower zero-emission vehicle rates for 2027-2029, the ATA argues that later mandates will limit fleet choices and rely on unproven technologies. The industry remains committed to reducing emissions, but advocates for realistic, technology-neutral regulations.

Despite the noise, well-positioned carriers should be optimistic about freight in 2025

The prolonged freight recession shows signs of ending. Key factors include shrinking capacity, rising demand, and a shift back to goods spending over experiences. The American Trucking Associations reported a significant increase in its Truck Tonnage Index, signaling recovery. However, challenges remain, such as tariff uncertainties and financial pressures on smaller fleets reliant on the spot market. Industry experts predict reduced capacity could lead to higher pricing, benefiting well-managed carriers.