Equipment World Staff (EQW)WorkforceReauthorization a ‘bright spot’ but recovery hinges on highway bill, contractor tells CongressThe highway investments in the stimulus law have been a bright spot for the transportation construction industry that has been hit hard hit by recession-induced cutbacks in state programs and decline in private sector work, continued uncertainty about passage of a multi-year surface transportation reauthorization bill is hindering chances for a sustained economic recovery, Kevin […]July 28, 2010SafetyChicago area procures $100 million in TIGER grantsThe U.S. Department of Transportation and the Illinois Department of Transportation finalized a $100 grant agreement for the CREATE (Chicago Region Environmental and Transportation Efficiency) program to begin work on those projects to help reduce rail bottlenecks in the Chicago region, according to the Federal Highway Administration (FHWA). In February, U.S. Transportation Secretary Ray LaHood announced […]July 28, 2010HomeGranite Construction awarded $29 million roadway project in New MexicoGranite Construction has been awarded a $29 million roadway pavement rehabilitation and reconstruction contract by the United States Department of the Interior Bureau of Indian Affairs. The project is located on the Navajo Nation reservation in New Mexico and funded by the American Recovery and Reinvestment Act. Granite will book the project into backlog during […]July 28, 2010Home$80 billion needed to shore up U.S. rail, bus systemsA new study by the Federal Transit Administration (FTA) released on July 21 estimates it would cost $77.7 billion to shore up the nation’s rail and bus lines and another $14.4 billion a year to maintain the systems, according to a report in On the Money, Capitol Hill’s finance and economy blog. The study, the […]July 28, 2010Construction EquipmentCat boosts outlook based on quarterly resultsPrompting a more optimistic forecast for 2010 as a whole, increased production helped fuel a 91-percent year-over-year hike in second-quarter profit for construction equipment manufacturing giant Caterpillar. “We’ve been highly focused on three things this year – significantly increasing production in response to higher demand from our customers particularly in developing economies, aggressively managing costs […]July 28, 2010HomeObama says no new gas tax, use tollsInstead of raising the gas tax, which has not been raised in at least a decade, President Barack Obama says highway funding needs to come from tolls. Transportation Secretary Ray LaHood said a combination of current-level gas tax receipts, road and bridge tolling and President Obama’s proposed infrastructure fund could offer a way to fund […]July 28, 2010BusinessIllinois DOT launches new procurement websiteThe Illinois Transportation (IDOT) has launched its Procurement Reform website, which has been designed to give the public an overview of changes in the agency’s procurement process Effective as of July 1, 2010, Public Act 96-795 and 96-920 became law. This law places new requirements on vendors and bidders seeking contracts with IDOT. The Procurement […]July 28, 2010HomeRep. Mica: Despite efforts, ‘gas tax is dead’U.S. Rep. John L. Mica (R-FL), the Transportation and Infrastructure Committee Republican leader, at a July 27 Congressional oversight hearing, declared dead a federal gas tax increase to fund a long-term transportation bill. Although some leading Democrats support a gas tax increase in the next surface transportation reauthorization, U.S. Secretary of Transportation Ray LaHood, […]July 28, 2010RoadbuildingDUAL PRESSURE P260WYM/HP220WYM JOINS AIR COMPRESSOR LINESTATESVILLE, N.C. — The new P260WYM/HP220WYM dual pressure, dual flow air compressor from Doosan Portable Power is designed to withstand the most rugged environments and provide unparalleled flexibility. The air compressor is ideal for use in general construction, abrasive blasting and pneumatic tool applications, as well as rental fleets. This “two-in-one” dual pressure unit operates […]July 27, 2010HomeCemex Q2 2010 results: $306 million lossCemex posted a second-quarter net loss of $306 million on July 27, worse than analysts’ expectations, as the world’s No. 3 cement maker struggled with weak sales in the United States and Europe, Reuters reported. The report noted that seven analysts polled by the new organization had forecast a profit of $84 million for the […]July 27, 2010Previous PagePage 320 of 591Next PageTop StoriesCompact Utility LoadersA Sherpa – on Tracks! Z40T, Z50T Stand-on Mini Track Loaders UnveiledWhen wheels won't cut it, the new Z40T and Z50T deliver up to 25 horsepower and 2,006 pounds of breakout force in a 38-inch-wide footprint.ExcavatorsLiebherr Revamps Gen 8 Excavators for Greater Fuel Efficiency, PerformanceOff-Road Trucks60 Years After “Gravel Charlie” – Articulated Dump Truck Buyer’s Guide 2026Backhoe LoadersCloser Look: Cat's Largest Backhoes, the 440 & 450, Enter Next GenerationFeatured SponsorNew Holland Bets on Simple Machine Control
