News

Caterpillar is closing its factories in Aurora Illinois and at Gosselies in Belgium, with the loss of around 3,000 jobs in all. The Aurora facility makes wheeled loaders, with production being switched over to facilities at Decatur, also in Illinois, as well as North Little Rock in Arkansas. This will result in the loss of 800 jobs at the Aurora plant although there will be more personnel required at the Decatur and North Little Rock facilities that will offset the losses Meanwhile the firm says that the

Argentina looks set to benefit from a series of major new transport projects. Loans worth up to US$650 million will help pay for a series of projects, including Argentina’s contribution to the Agua Negra Tunnel link with neighbouring Chile. The loans will be organised by the Inter-American Development Bank (IADB). A further loan of $156 million to road concession company AUSA will help pay for transport projects in Buenos Aires, including the construction of the Lacarra Bridge to connect with Lanus and upgr

The Peruvian Government is evaluating the potential for a new central highway. The route of the highway would keep it at a distance from rivers so as to reduce the risk of flooding. Existing highways have suffered serious flooding as well as landslides in Peru in recent months. Constructing the new highway could cost from US$ 1billion to $1.5 billion while the work would take around five years to carry out.

Back to the Future met Ghostbusters on the streets of London recently

A new bridge will be built spanning the Samur River, which forms part of the border between Azerbaijan and Russia. Construction work is expected to commence later this year. Much of the initial financing for the bridge project will come from Azerbaijan’s budget, although Russia’s Federal Road Agency will pay its portion in due course, as well as funding work on the connecting roads. The project should be complete by 2019 if all goes to plan.

LiuGong has opened its new Global Customer Experience Centre in Liuzhou, China. The facility is intended to boost cooperation between LiuGong and Liuzhou Vocational and Technical College (LVTC) and also extends LiuGong’s offering to its global dealers and customers. The Customer Experience Centre will be managed by both LiuGong and LVTC as a platform for talent cultivation, service training to LiuGong employees and dealers as well as for its customer experience. The facility can provide multi-functional

Drivers in Nicaragua’s capital Managua look set to benefit from a series of road projects being planned. The work is intended to cut congestion at peak periods and smooth traffic flow. One of the major projects will be the upgrading of the Juan Pablo II motorway, with the addition of five new flyover sections. A loan worth US$105 million from the Central American Bank for Economic Integration (CABEI) plus another loan worth $136 million from the European Investment Bank (EIB) will help pay for the project.

A combination of federal and state funding will help pay for key road projects in the Australian state of Queensland. In all some US$381.2 million (A$500 million) will pay for five major road projects in the state. One of the biggest projects involves widening the Pacific Motorway between Mudgeeraba to Varsity Lakes to six lanes. This work will help boost capacity, reducing delays for drivers using the route. In addition, the work also includes building additional lanes on the Pacific Motorway where it meet

Europe’s road safety is failing to improve despite a string of measures introduced in recent years. The European Commission has published new data showing that deaths on EU roads fell by just 2% last year. This followed a 1% increase in road deaths during 2015. According to ETSC analysis, road deaths will now need to fall by 11.5%/year in order to meet the EU target of cutting deaths by half in the decade to 2020. Commenting on the publication of the latest figures, Antonio Avenoso, Executive Directo

CTE has signed a new distribution agreement in South Africa. The firm has established the dealer agreement with Smith Capital Equipment and is for the CTE B-LIFT and CTE ZED truck-mounted units and for the CTE TRACCESS spiderlifts. Smith Capital Equipment has been active in South Africa for more than 40 years in the lifting sector for aerial platforms and cranes, as well as drilling equipment. Smith Capital Equipment will now distribute the CTE B-LIFT telescopic truck-mounted platforms, with lift heights f

Two of the biggest transport development projects in the Philippines will now benefit from Chinese funding. The projects are for the construction of a new bridge connection joining the Panay-Guimaras-Negros Islands as well as the Davao City Expressway, which will stretch a distance of 23km and provide a link between the Carlos P Garcia National Highway and Bangkal, Panacan and Sta Ana Wharf. The Davao City Expressway project is expected to cost close to US$ 488 million and will be carried out in three stag