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INDUSTRY NEWS |
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Business Fleet Editor and Associate Publisher Mike Antich weighs in on key sources of operating costs, giving fleet managers a road map of focal points for potentially reducing expenses and boosting efficiency. Though fuel prices have remained stable for some time, they still top the list of operating costs alongside unscheduled maintenance incidents and tire replacements.
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The Associated General Contractors of America (AGC) reports that even as winter approaches the construction industry continues to add jobs. In addition to that, the sector’s unemployment rate has hit an eight-year low of 6.4 percent. At the same time, the AGC warns that this growth is threatened by a lack of qualified workers, highlighting a need for training and education of both full-time and temporary employees.
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According to Engineering News-Record, Dodge Data & Analytics is predicting that construction growth will rise 9 percent to reach $612 billion in 2015. Dodge attributes this growth to a rebound in office building construction and the trend of more millennials moving to homeownership.
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Disclaimer: Any opinions expressed in these articles are not necessarily that of JLG.
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