U.S. Construction / Infrastructure Articles
Report on US traffic congestion reveals increasing traffic
A report by the Texas A&M Transportation Institute on traffic congestion in the US has revealed key data on increasing traffic volumes. California-based transportation body the Reason Foundation has analysed the 2012 Urban Mobility Report, which was produced it in cooperation with traffic data from INRIX and shows that as the US economy slowly recovers, congestion is increasing gradually.
March 29, 2013 – World Highways
Minnesota Transportation Projects to Total $1.1 Billion
The Minnesota Department of Transportation announced plans to complete $1.1 billion worth of road construction in 2013, according to finance-commerce.com.
March 28, 2013 – Construction Equipment
U.S. infrastructure headed toward $1.6 trillion deficit in 2020, ASCE says
The American Society of Civil Engineers (ASCE) warns that United States infrastructure will fall $1.6 trillion short of what's needed to maintain existing facilities through 2020, according to a Bloomberg report.
March 26, 2013 – Better Roads
American Society of Civil Engineers Gives D+ to 2013 Report Card for America’s Infrastructure
The American Society of Civil Engineers (ASCE) just released its 2013 Report Card for America's Infrastructure, a comprehensive assessment of the nation's infrastructure across 16 sectors. Updated once every four years, this year's Report Card found that America's cumulative GPA for infrastructure rose slightly to a D+ from a D in 2009.
March 19, 2013 – CE Unbound
Maryland Construction Projects to Create 7,000 Jobs
Two Maryland transit projects totaling more than $4 billion are expected to create 7,000 construction jobs in the state, according to the Baltimore Business Journal.
March 18, 2013 – Construction Equipment
McCann Industries Names Jim McCann as President
McCann Industries, Inc. is pleased to announce that Jim McCann has been named president of the company, as of February 21, 2013.
March 14, 2013 – Construction Equipment Guide
Nonresidential Growth Predicted
Nonresidential construction will improve this year say contractors and equipment dealers polled by Wells Fargo Equipment Finance. The firm's Construction Optimism Quotient sentiment rating is 106 for the year, with 100 considered optimistic toward year-over-year improvement.
March 13, 2013 – Construction Equipment
ARTBA Chief Economist warns federal budget uncertainty could impact market in coming months
The real value of highway construction was up 4.3 percent in January 2013 compared to January 2012, according to the latest analysis of U.S. Census Bureau data by the American Road & Transportation Builders Association (ARTBA).
March 13, 2013 – Better Roads
Highway construction up 4.3% annually in January thanks to warmer weather
Highway construction was up 4.3 percent in January over January 2012, largely due to warmer weather, according to the American Road & Transportation Builders Association (ARTBA).
March 12, 2013 – Equipment World
ARTBA concerned over drop in US highway spending
Despite the 2012 passage of the US federal surface transportation law, known as MAP-21, the real value of highway and bridge contract awards over the last 12 months was down 3% compared the previous 12 month period.
March 11, 2013 – World Highways
FUNDING: Report says Calif. needs billions more to repair roads
The cost to bring routes up to date is $82 billion over the next 10 years
March 8, 2013 – Roads and Bridges
Construction Sector Adds 48,000 Jobs in February
Data from the Labor Department indicated the addition of 48,000 new construction jobs in February 2013, according to Reuters.
March 8, 2013 – Construction Equipment
Construction Industry Executives Remain Optimistic Heading into 2013
Construction contractors and equipment distributors are optimistic that local non-residential construction activity will improve in 2013, according to a survey by Wells Fargo Equipment Finance, Inc., a subsidiary of Wells Fargo & Company.
March 7, 2013 – Webwire
Highway, bridge contract awards down 3 percent - ARTBA report
Despite the 2012 passage of the federal surface transportation law, "Moving Ahead for Progress in the 21st Century" (MAP-21), the real value of highway and bridge contract awards over the last 12 months was down three percent compared the previous 12-month period, according to the latest analysis of McGraw-Hill Dodge data by the American Road & Transportation Builders Association (ARTBA).
March 6, 2013 – Better Roads
American Construction Equipment Exports Grow Slowly
Exports of U.S.-made construction equipment increased by 13 percent in 2012 compared to the previous year for a total $26.7 billion, according to the Association of Equipment Manufacturers (AEM), citing U.S. Commerce Dept. data it uses in global markets reports for members.
March 6, 2013 – Construction & Demolition
Sequester's Construction Cuts Exceed $4 Billion
Federal construction programs have taken a hit totaling several billion dollars under mandatory spending cuts that took effect March 1.
March 5, 2013 – Engineering News Record
Exports of U.S.-made construction equipment grew 13 percent in 2012 to $26.7 billion
Exports of U.S.-made construction equipment topped 13 percent in 2012 compared to the previous year for a total $26.7 billion, with South America and Asia reporting the weakest gains, according to the Association of Equipment Manufacturers (AEM), citing U.S. Commerce Dept. data it uses in global markets reports for members.
February 27, 2013 – Compact Equipment Online
Highway Trust Fund $365.5 billion in debt by 2036 - AED report
Highway Trust Fund (HTF) shortfall will be in the coming decades.
February 22, 2013 – Better Roads
Equipment Lease Finance Industry Confidence Up Again In February
Equipment Leasing and Finance Foundation (the Foundation) released the February 2013 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. 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 $725 billion equipment finance sector.
February 22, 2013 – Compact Equipment
Aging Pavements, Highway Bill Keep Milling Machines Grinding
Increasing specifications for micromilling and smoothness also drive manufacturers' offerings
February 21, 2013 – Construction Equipment
Construction Backlog indicates stall in commercial construction in Q4 2012
Fiscal cliff fears and constrained project budgets are behind the stall in commercial construction in the fourth quarter of 2012, according to the Associated Builders and Contractors Construction Backlog Indicator.
February 20, 2013 – Equipment World
Shuster: U.S. has 'significant long-term infrastructure needs that must be addressed and responsibly paid'
Committee on Transportation and Infrastructure Chairman Bill Shuster (R-Pa.) released statement on Wednesday following the release of additional details on President Obama's infrastructure plan.
February 20, 2013 – Better Roads
Construction Materials Prices Increase 0.7 Percent in January
National construction materials prices increased 0.7 percent in January, with year-over-year prices rising 1.3 percent. Nonresidential construction materials prices were up 0.6 percent for the month and 0.8 percent during the last 12 months.
February 20, 2013 – Compact Equipment Online
$7 billion in federal highway funds obligated so far 2013
The latest analysis of Federal Highway Administration (FHWA) data shows that federal, state and local transportation departments of transportation (DOTs) have so far obligated $7 billion in federal funds during Fiscal Year (FY) 2013, which began last Oct. 1 - is an increase of 56 percent from the $4.5 billion obligated during the same time in 2012 last year.
February 15, 2013 – Better Roads
Construction Equipment Sales Expected to Increase in 2013
Survey results show 75% of respondents believe construction equipment sales will increase by at least 3% in 2013
February 14, 2013 – For Construction Pros