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Business: Page 132
Business
DOT says Highway Trust Fund could face shortfall by late July
The U.S. Department of Transportation has updated its Highway Trust Fund Ticker to show that the fund could shortfall as early as the end of July. The DOT notes that the HTF “will encounter a shortfall before the end of fiscal year (FY) 2014,” adding that “the surface transportation program continues to outlay at a […]
March 18, 2014
Business
Divergence of construction spending and employment could point to “fundamental change” in the industry
Recently, the folks at Business Insider put together a nicely done and comprehensive article on the skilled labor shortage affecting the construction industry and the impact it’s having on homebuilding. There wasn’t much new news to be found for those of us who follow these stories on a regular basis. Many of the experienced and […]
March 17, 2014
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Roadbuilding
Cal Poly Pomona engineering students get real-world road building experience from Caltrans
If you want to be a transportation engineer in Southern California, your chances improve dramatically when you have Xudong Jia as your professor. At California State Polytechnic University, Pomona (Cal Poly Pomona), Jia teaches in the Civil Engineering department with classes of students who want to build the roadways of the future. Several years ago, […]
March 14, 2014
Business
Contractors urged to send hardhats to their Congressmen in campaign to fix Highway Trust Fund
A group of associations and labor unions is working to alert Congress to the looming insolvency of the Highway Trust Fund (HTF)—the main source of highway infrastructure funding, which could run out as early as August. The Transportation Construction Coalition (TCC)—an alliance of 29 associations and labor unions focused on federal funding and surface transportation program policy […]
March 14, 2014
Business
Wisconsin contractors are having a hard time making quality hires as demand grows
Like their peers across the country, Wisconsin contractors are preparing for a sizable increase in work in 2014. According to Associated General Contractors of America chief economist Ken Simonson, construction spending in the U.S. is expected to rise 10 percent by the end of this year. And while more work is definitely good news, those […]
March 14, 2014
Business
Coin toss decides bid winner for $4.4 million construction project in Louisiana
There are very few coin tosses with higher stakes than the one carried out in Gretna, Louisiana Wednesday night. The town is getting a new police station and last month accepted seven bids from construction companies looking to win the right to demolish the existing headquarters and build the new one. Problem was, for the […]
March 13, 2014
Business
Al Landes, president and COO of Missouri’s Herzog Contracting, named AGC of America president
Industry veteran Alan Landes has been named Associated General Contractors of America’s 2014 president. Landes was installed at the close of the AGC’s 95th annual convention last week in Las Vegas. Landes takes the reins of the organization after having served as senior vice president during 2013. He is also the former president of AGC […]
March 13, 2014
Business
Contractors from across U.S. swarm North Dakota for bounty of road work
The North Dakota Department of Transportation has more than $1 billion in projects slated for this year. But it’s not at all worried about finding enough contractors to carry that work out. That’s because the DOT has a listing of 255 contractors from 28 states across the U.S. prequalified to bid before the busy roadbuilding […]
March 12, 2014
Business
Mike Rowe opens up about opera, skilled trades and Dirty Jobs (EXCLUSIVE)
All of the new machines are obviously the star of a show like ConExpo. But one of the highlights for the Equipment World team last week at the show was getting to sit down with TV host and newly-minted author Mike Rowe for a conversation on the importance of skilled trades and vocational education. Just […]
March 11, 2014
Contractor of the Year
New Hampshire’s Jeremy Hiltz Excavating named Equipment World’s 2014 Contractor of the Year
In an awards banquet Saturday night at Caesar’s Palace in Las Vegas, Jeremy Hiltz Excavating was named Equipment World‘s Contractor of the Year for 2014. Hiltz Excavating in Ashland, New Hampshire, is an $8 to $10 million company that incorporated in 1996. They specialize in commercial site work, municipal and utility work and road building. […]
March 10, 2014
Roadbuilding
Public vs. Private Distinction
Why knowing the allowable timeline to bring a lawsuit is important.
March 7, 2014
Roadbuilding
The Magic of Rubberized Asphalt
Agencies and contractors are looking for ways to hold the line on the costs of asphalt pavements.
March 7, 2014
Business
FieldLens demos Google Glass for construction jobsite collaboration and reporting
At ConExpo this week, we chatted with FieldLens CEO and co-founder Doug Chambers who was kind enough to throw on a pair of the still-in-development and controversial Google Glass. FieldLens is an awesome mobile construction communication platform that allows construction companies to improve communication by making all kinds of project data available across smartphones, tablets […]
March 7, 2014
Business
Construction adds 15,000 jobs in February, unemployment rises for third straight month
The U.S. construction industry added 15,000 jobs in February, according to preliminary data from the Bureau of Labor Statistics. The gain came as a surprise as many economists expected the number to be down due to the harsh winter weather. February’s gains bring the number of Americans employed in construction to 5.941 million—2.6 percent higher […]
March 6, 2014
Business
Kobelco’s return to independence at ConExpo marked with debuts of excavators, demo machines for North America
“The Kobelco brand has sprouted on this land once again this year,” says Jun Fujioka, president and CEO, Kobelco Construction Machinery. More than a year after ending its North American distribution and marketing agreement with CNH Industrial, Kobelco is waving an independent exhibitor flat at ConExpo for the first time in 10 years. The company […]
March 6, 2014
Business
AGC-backed .Build domain name could give contractors a larger presence online
Very soon, rather than construction business’ Web address ending in a boring “.com” or “.net,” contractors in the U.S. will be able to register for a “.build” address. And today, the Associated General Contractors of America announced a partnership with the group behind the .build domain name—the group is also called .Build—to get the word […]
March 5, 2014
Business
In first meeting with press, new Volvo president Weissburg highlights innovation, discusses recent transactions
In his first comments to the press after taking the reins as president of Volvo Construction Equipment on January 1, Martin Weissburg noted his unhappiness with the company’s current financial status but highlighted forward thinking and discussed two of the company’s recent transactions. “While we’re not pleased with our recent financial results, we’re focusing on […]
March 5, 2014
Business
IronPlanet positions itself to be multi-channel solution for online equipment buying
IronPlanet is now targeting a whole spectrum of equipment disposal options, designed to make the most out of its 1 million unique customer registrations, says Greg Owens, chairman and CEO. “We are a multi-solution online marketplace with three different channels. We’ve become an advisor in used equipment dispositions,” Owens said during a press briefing at […]
March 5, 2014
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