Tag: infrastructure investment: Page 2

Roadbuilding

Standard & Poor’s: Infrastructure investment offers high returns beyond job creation

Transportation investment is said to be about job creation. Transportation Secretary Anthony Foxx has pointed out that an insolvent transportation system would cost 700,000 workers their jobs, and he’s noted on several occasions — including during his “Invest in America, Commit to the Future” bus tour last month — that new transportation projects create and […]

May 6, 2014

Roadbuilding

Pew charts display need for transportation investment

You’ve heard it before, and you’ll hear it increasingly more as September draws closer: The highways and infrastructure in the U.S. need greater investment. The current highway bill, MAP-21, will expire in September, and Congress is working to pass a new bill before that expiration date. The Senate Commerce Committee is scheduled this week to […]

May 5, 2014

Roadbuilding

Texas leads U.S. with largest road repair debt

How much does your state need each year to fund necessary road repairs through 2017? Texas needs $4,636 million annually, making it the state with the highest amount of funding needed, according to a report from Bloomberg. Following close behind are North Carolina ($3,959 million), Virginia ($3,089 million), Pennsylvania ($2,203 million) and South Carolina ($2,099 […]

April 25, 2014

Roadbuilding

DOT Chief Foxx promotes infrastructure investment with bus tour

Transportation Secretary Anthony Foxx is getting ready to tour portions of the U.S. with the goal of promoting infrastructure investment. Titled “Invest in America, Commit to the Future,” the bus tour will start in Ohio on Monday and end in Texas on Friday, with many stops along the way. In a blog posted on Thursday, […]

April 11, 2014

Roadbuilding

Metro-North derailment demonstrates need for infrastructure investment, says LaHood

A commuter train in New York derailed Sunday, and former U.S. Transportation Secretary Ray LaHood is pointing to the crash as an example of the need for investment in transportation infrastructure. The southbound Metro-North train, which was carrying about 150 passengers, derailed in the Bronx around 7:20 a.m. on Sunday, killing four passengers and injuring 60 […]

December 5, 2013

Roadbuilding

Obama touts infrastructure investment during New Orleans visit

During his visit to the Port of New Orleans last week, President Obama called on Congress to invest more in U.S. infrastructure, particularly ports and waterways, according to a report from The Hill. Obama noted that the U.S. is falling behind other countries with its infrastructure, adding that “we’re relying on old stuff.” He also […]

November 11, 2013

Roadbuilding

The BIG WIG of Transportation Funding

The million-dollar question in transportation – make that the half trillion-dollar question – is how to find the money to fix our roads. The industry and U.S. Department of Transportation have several ideas and proposed solutions, which have served as Band-Aid solutions. According to the “Four Disciplines of Excellence (4DX)” business concept developed by Sean […]

October 1, 2013

Roadbuilding

Industry professionals need to advocate infrastructure improvements, says APWA Congress speaker Larry Frevert

Earlier this year, the American Society of Civil Engineers (ASCE) gave America a D+ on its Report Card on American Infrastructure. The report outlined that funding is currently $1.6 trillion below what is needed to repair and maintain the nation’s failing infrastructure system by 2020, and it is $201 million short annually to make those […]

August 26, 2013

Business

ASCE says U.S. infrastructure investment is “treading water”

After giving American infrastructure a grade of D+, the American Society of Civil Engineers says that the country’s investment planned through 2020 will fall $1.6 trillion short of what is needed to maintain existing infrastructure. According to a report from Bloomberg, the ASCE recommends funding be increased by 80 percent to $3.6 trillion in order […]

March 25, 2013

Home

American Augers, Trencor retain brand identities after acquisition

American Augers drills and Trencor trenchers will retain their brand identities as they are incorporated into The Charles Machine Works; the media heralds improving metrics but problems and a weak economy remain;Jennifer Hicks spoke with members of the Associated General Contractors of America on four areas the construction industry should continue to watch over .

December 1, 2012

Roadbuilding

Big Bang Theory for Highway Grants

Give a state a fish… no wait.  Teach a state to fish. Consider this: for every dollar in federal highway grants received by a state, that state’s GSP (gross state product) rises by at least two dollars. That’s in good times. In bad times the multiplier is bigger. A new report from the Federal Reserve […]

November 27, 2012

Construction Equipment

Final Word

Understanding the Transportation Act By Kirk Landers As construction industry leaders push Congress to enact a long-term federal transportation program, some heavy construction contractors will remember feeling little or no surge in work in the months following the enactment of the last two long-term bills. The federal transportation program does play an important role in […]

January 27, 2012