NEW YORK (May 14, 2024) — QBE North America announced the release of its 2024 Commercial Construction Risk Report, uncovering key risks and emerging challenges within the commercial construction industry. Highlighting cybersecurity threats, financial challenges and labor shortage as significant concerns, the report sheds light on the industry's unique risks threatening project timelines, budgets and safety.

MONROE, Wash. (May 7, 2024) — Brokk, a global manufacturer of remote-controlled demolition machines, recently opened a distribution center in Hamilton, Ontario. While Brokk has had a sales presence in Canada for more than 30 years, the new facility marks an expansion of its network. The new location will be run by Jim Bennett, who joined the Brokk team in Canada as warehouse and logistics manager.

May 8, 2024 — Volvo CE has taken a 22% ownership stake in VizaLogix, a U.S.-based software-as-a-service (SaaS) company specializing in digital, brand-neutral solutions for machine monitoring, servicing and tech support in multiple industries.

The deal supports the Volvo CE strategy to grow services that customers are looking for as digitization and data take on increasing importance among construction and mining fleets and equipment dealers.

MCCONNELLSBURG, Pa. (May 8, 2024) — Oshkosh Corporation, a provider of purpose-built vehicles and equipment, announced it has entered into a definitive agreement to acquire AUSACORP S.L. (AUSA), a privately held international company and manufacturer of wheeled dumpers, rough terrain forklifts and telehandlers for the construction, material handling, agriculture, landscape and specialty equipment industries.