RAPID stands for Registered Assets Police Information Database while Ultra Tag is an ultra-secure RFID chip that is impervious to interrogation and compromise.
UK sales of construction equipment in June were 8 percent above the same month last year according to the UK trade body Construction Equipment Association.
In March, year-on-year retail sales of construction and earthmoving equipment increased by 15%. This took first-quarter sales to 9,500 units, nearly 9% above the levels seen in Q1 2022, as shown in the chart below.