All articles tagged with #construction equipment
Two people were injured, one critically, when a large piece of construction equipment struck a bridge on a Shelby County overpass over Interstate 65, causing damage to the structure and prompting traffic delays as responders investigated.
Ashtead, a major equipment hire firm, plans to move its primary stock listing from the London Stock Exchange to the US, citing its significant North American operations and the desire to attract US investors. This move is part of a trend of large companies shifting away from the UK market, raising concerns about the UK's investment appeal. Despite the relocation, Ashtead will maintain a UK listing and continue its investment plans in the UK. The decision comes amid lower-than-expected profits due to US market conditions and follows criticism over executive pay.
Howard County police in Maryland have recovered over 15,000 stolen construction tools valued between $3 million and $5 million, making it one of the largest theft cases in the region. The investigation, which began in January, has identified over 80 victims and is ongoing, with hundreds more expected. The stolen tools were found in multiple storage units, and a website has been set up for victims to reclaim their property.
Caterpillar's stock surged to record highs after reporting fourth-quarter profits that exceeded expectations, driven by strong performance in its energy and transportation business. The company's full-year sales reached a historic high, reflecting increased volume and higher prices. The stock jumped 4.1% in premarket trading and contributed to a significant boost in the Dow Jones Industrial Average. Caterpillar's net income for the quarter rose to $2.68 billion, with adjusted earnings per share beating consensus. The company's revenue grew 2.8%, driven by higher prices and favorable currency translation, while operating profit margin improved to 18.4%.
A man was killed and a woman critically injured when a piece of construction equipment struck a sightseeing gondola at the Mont-Tremblant Ski Resort near Montreal, Canada. The impact caused both passengers to be thrown from the gondola and fall to the ground. The resort confirmed the fatal crash and suspended activities, while authorities are investigating the cause of the accident.
One person has died and another is critically injured after a piece of construction equipment struck a sightseeing gondola at the Mont-Tremblant resort in Quebec, Canada. The incident occurred around noon, prompting the suspension of activities at the mountain.
Two people have been arrested by the Greenville Police Department in connection with the theft of a Bobcat Excavator Model E42 from a construction site in Mauldin, South Carolina. The excavator has been recovered and the arrests were made after receiving tips about the robbery. The suspects left the scene in a two-tone dark green and beige Ford Explorer with a shattered back glass. The identities of the arrested individuals have not been released.
Caterpillar, the construction equipment giant, is set to report its first-quarter earnings on Thursday. Analysts are expecting $3.80 a share from $15.1 billion in sales, up from $2.88 a share and $13.6 billion in sales a year ago. However, investors are concerned about the state of the economy, which could impact the company's stock performance.
At least one person has died and over 30 people have been seriously injured after a passenger train carrying at least 50 people derailed following a collision with construction equipment in the Netherlands. The cause of the accident is currently unknown and an investigation is underway. Several dozen people who were injured in the incident were being treated at the scene of the crash while others who suffered more serious injuries were immediately taken to a local area hospital.