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April 7, 2017
Latest
Trucks
Navistar and Traton Continue Buyout Negotiations
Traton may acquire Natistar for approximately $3.7 billion.
Business
Builder Confidence Continues Record Climb
The housing market continues to be a bright spot for the economy, supported by increased buyer interest in the suburbs, exurbs and small towns.
Asphalt
Hops & Highways Episode Three: Where Do the Presidential Candidates Stand on Infrastructure?
In this episode of Hops & Highways, Jess & Dormie give an overview of where both Trump & Biden stand on infrastructure and also give you some pointers when deciding if it's too cold outside to pave asphalt.
Rental
Ahern Rentals Sues Construction-Equipment Rival Over Patent
Ahern Rentals Inc. has sued rival Equipmentshare.com in Texas federal court for allegedly infringing a patent covering a method to control rented equipment remotely.
Pavement Maintenance
Testing Orange Paint to Improve Work Zone Safety
Central Seal Co. installs miles of orange paint and orange thermoplastic in work zone safety test
Asphalt
Careers in Construction Month Highlights Need for Skilled Workers
By 2023, there will be a need for 1 million more craft professionals and each October, the industry works together to raise awareness of the rewarding careers in construction.
Asphalt
Highways Coronavirus Relief Act Introduced in House
H.R. 8300 was introduced by Representative Rodney Davis last month to provide for a temporary increase to the Federal share for certain highway projects
Business
Civil Contractors Remain Optimistic Despite Widespread Pandemic Impacts
Contractors are still seeing high levels of backlog and remain relatively optimistic about the state of the civil construction market.
Profit Matters
Cutting-Edge Capabilities Brought to Life Through the Cat® Trials
Caterpillar Inc. is celebrating 95 years and they are bringing back their engaging video series.
Business
Construction Backlog Declines But Optimism Remains
ABC's Construction Backlog Indicator fell to 7.5 months in September, a decline of 0.5 compared to August.
Asphalt
Hops & Highways Episode Two: Women in Construction, Airport Incentives & Build America Friday
In this episode of Hops & Highways, Jess & Dormie discuss a new study showing female careers in construction are increasing and also talk about a new bill that would incentivize the early completion of airport projects
Construction Technology
Virtual Reality Brings Innovation, Efficiency to Construction
The ability to train, measure and certify people through virtual reality is incredibly valuable and can save construction companies large amounts of money each year.
Business
Nonresidential Construction Spending Fell Slightly in August, Says ABC
National nonresidential construction spending fell 0.1% in August for a total of $814.3 billion for the month.
Business
Dodge Momentum Index Continues Slow But Steady Upward Progress in September
The Momentum Index rose 3.7% in September and has gained 2.2% over the previous three months.
Asphalt
How Much Money will Your State Get for Roads?
President Donald Trump signed a continuing resolution (CR) to fund the government through Dec. 11, 2020 which includes a one-year extension of the current surface transportation authorization. How much will your state receive?
Profit Matters
Differentiate Your Construction Company to Make More Money
You’ve got to offer more turnkey and ongoing value-added services to make your company more attractive to customers and prospects.
Business
Blue Collar Job Growth Continues at Slow Pace Amid Uneven Economic Recovery
Employment in construction, manufacturing and mining and logging increased in August but is nowhere close to recovering deep losses from the pandemic's onset.
Profit Matters
The Contractor's Best Friend Podcast: Is Your Crew Really Ready for an Emergency?
Assess the potential emergencies your crew could face and create proactive plans so all are prepared.
Construction Grade
Fed Chair Jerome Powell Calls For Stimulus on the Morning Trump Flip-Flop-Flips on Negotiations
UPDATED 10/7/2020 -- Powell warns weakening employment presents 'tragic' risk of doing too little to prevent recession, as construction backlogs weaken, and the president ends, then reopens stimulus negotiations
Asphalt
Hops & Highways Episode One: FAST Act Extension, Debate Debacle & Build America Friday
In the premiere episode of Hops & Highways, Jess & Dormie discuss the FAST Act Extension, funding implications and share some construction good news.
Construction News
10 Big Construction Stories This Week: Raiders Stadium Built in 3 Minutes
The most-read stories this week include a time-lapse, Fluor-led JV quits Baltimore’s Purple Line project, a high-tech hardhat, black workers sue contractor for allowing racial abuse, 2021 Chevy Silverado gets payload, towing capacity boost
Home
Residential Lifts August Construction Spending Over Declining Nonresidential Outlays
The total value of US construction put in place rose 1.4% in August on the strength of a substantial jump in spending on single-family housing, while big nonresidential sectors such as power, commercial, office and transportation sank
Infrastructure
One-year FAST Act Extension Passes on Eve of Expiration
The extension -- part of a continuing resolution to fund the federal government through December 11 -- includes $13.6 billion to ensure Highway Trust Fund solvency and maintains current funding levels for highway and transit programs.
Business
Amazon to Put 1,000 New Distribution Hubs in the Suburbs
Speculation about the ecommerce giant converting unused mall space likely underestimates how many will be new construction
