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December 6, 2014 • Vol. IXX • No. 25 • 470 Maryland Drive • Ft. Washington, PA 19034 • 215-885-2900 • Toll Free 800-523-2200 • Fax 215-885-2910
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Inside
Historic Railway Bridge Rebuild Right on Track
Diam ond Equipment Gives Thanks...12
By Irwin Rapoport CEG CORRESPONDENT
JLG Boom Lifts Help Rebuild World Trade Center…16
Guinness Declares JCB Backhoe Fastest...18
Table of Contents ....................4 Attachment & Parts Section ...... ..........................................41-47 Snow & Ice Section ..........49-53 Truck & Trailer Section ....58-67 Recycling Section ............81-95 Auction Section ............100-111 Business Calendar................104 Advertisers Index ................110
Crews from The Ruhlin Company, based in Ohio, began work on the reconstruction of Norfolk Southern
Railway’s bridge in Michigan’s Monroe County last April and they are looking at completing the nearly $10 million project in May 2015. see RAILWAY page 48
The 450 ft. (137 m) bridge (single track), built in 1887, spans the Raisin River.
Industry Leasing, Finance ARTBA: Roadside Confidence Hits New High Ditches Are Not The Equipment Leasing & Finance Foundation (the Foundation) released the November 2014 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $903 billion equipment finance sector. Overall, confidence in the equipment finance market is 64.2, an increase from the October index of 60.4 and the highest level since May. When asked about the outlook for the future, MCI-EFI survey respondent Valerie Hayes Jester, president, Brandywine Capital Associates Inc., said, “The mid-term elections are now
over and consumer confidence seems to be improving as gas prices and unemployment statistics continue to decrease. We have experienced an increase in demand for capital equipment purchases and, more importantly, financing for those orders. Another important note is that the equipment being requisitioned appears to be associated with business expansion and not just replacement of older assets.” November 2014 Survey Results The overall MCI-EFI is 64.2, an increase from the October index of 60.4. • When asked to assess their business conditions over the next four months, see ELFA page 106
‘Waters of the U.S.’ The potential delays and increased costs that would result from extending federal authority to cover roadside ditches would divert resources from timely maintenance activities and potentially threaten the role ditches play in promoting roadway safety, according to the American Road & Transportation Builders Association (ARTBA). The association submitted comments Nov. 14 to the U.S. Environmental Protection Agency (EPA) and Army Corps of Engineers (Corps) opposing a proposed regulation that would alter the definition of “waters of the United States” and expand federal regulation to cover virtually any wet area in the country — including roadside ditches. ARTBA explained that while current federal regulasee DITCHES page 106