Top Three Predictions Every Contractor Should Know in 2020
As we enter a new year and a new decade, here are some of the top predictions slated to shape the future of construction.
ELFA Announces Top 10 Equipment Acquisition Trends for 2020
U.S. businesses, nonprofits and government agencies are expected to spend $1.91 trillion in capital goods or fixed business investment this year; financing a majority of those assets, these trends impact a significant portion of the U.S. economy.
Unlock the Strategic Potential of Telematics Data
Recent studies report most contractors aren’t taking full advantage of the telematics data they collect. That’s a problem because in today’s market environment, a data-driven approach plays an important role in helping contractors maintain a competitive edge.
Mitigate the Riskiest Driving Behaviors
Investing in a video-based safety program will help managers identify high-risk driving behaviors, intervene and coach drivers to improve, and prevent incidents. This is key to keeping drivers and materials safe, as well as avoiding costly collisions.
Leverage Smart Video Monitoring Technology to Improve Road Safety in Construction
Contractors that implement smart video monitoring can cut costs while promoting greater safety throughout their fleets. It is important to debunk unfounded myths around commercial vehicle driving safety and focus on improving safety in the construction industry.
Construction Technology and Software Rundown: January 24, 2020
Here's a rundown of the latest in construction technology and software.
2020 Economic Outlook Forecasts 1.1% Expansion in Equipment and Software Investment and 1.7% GDP Growth
Investment in equipment and software is projected to expand 1.1% in 2020, while U.S. economic growth slows to 1.7% according to the 2020 Equipment Leasing & Finance U.S. Economic Outlook released today by the Equipment Leasing & Finance Foundation. After decelerating over the course of 2019, the U.S. economy is poised to soften further in 2020.
Two 2020 Construction Fleet Trends Executives Are Watching
As the industry moves into 2020 leaders will look to new solutions to improve safety and take greater advantage of existing telematics systems technology. They will see cost-savings and maintain locational, situational and operational awareness across their entire business ecosystem.
