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Business: Page 134
Business
Ohio DOT embarks on its largest construction season ever with 936 projects
The Ohio Department of Transportation has announced that the 2014 construction season will be its largest ever. ODOT says the season is made up of 936 projects statewide totaling $2.5 billion. Most of the funding will come from the Ohio Turnpike which will provide $1.5 billion over the next six years. This year’s season includes […]
April 21, 2014
Roadbuilding
Roundabouts And Intersections: Two Traffic Control Devices, Many Options
Roundabout design was once a task that drove engineers around the bend. Accounting for so many variables in the early stages of design was difficult to manage. If one changes an approach leg angle, how does that impact design? When you know the capacity requirements, how does that impact the size of the center radius? […]
April 18, 2014
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February 1, 2026
Business
Why Cummins is bringing next-gen engine, truck technology to China before the U.S.
I hate math. And math hates me. But I’m going to put aside my loathing of this particular discipline for a moment to illustrate why it seems like every company on the planet today is obsessed with China. Cummins Engine has been a national player in China since the late 1970s and reaffirmed its commitment […]
April 18, 2014
Business
Transportation Sec. Foxx asks taxpayers to call Congress, demand long-term highway bill in road tour stop
Secretary of Transportation Anthony Foxx says a short-term solution won’t do this go-around for transportation funding, and he’s on the road this week pushing the Obama administration’s four-year $302 billion plan and making localities and citizens aware of the Highway Trust Fund’s nosedive. Foxx spoke in Birmingham, Ala., Wednesday in the eighth stop of his week-long Invest in […]
April 18, 2014
Business
Despite slow start to 2014 and concerns, top construction economists forecast growth in spending and jobs
The outlook from respected economists in the construction industry continues to be mixed as all the elements for growth are there but several factors could limit or hurt the industry’s ongoing recovery. Bernard Markstein, chief economist at Reed Construction Data, Kermit Baker, chief economist at the American Institute of Architects and Ken Simonson, chief economist […]
April 17, 2014
Business
How the latest Obamacare update affects your business
The employer mandate under the Patient Protection and Affordable Care Act (PPACA)—a.k.a. Obamacare—originally required companies with 50 or more full-time employees to offer affordable health care coverage to employees and their dependents (an employee’s child younger than 26 years old) by 2015 or face big fines But now, in the mandate’s second delay, these companies […]
April 17, 2014
Business
United Rentals cites strong start for 1Q, will add $750 million in fleet this quarter
United Rentals says it will bring in $750 million in fleet in the second quarter, the result of a strong 2014 start, with “notable year-over-year growth in rates, time utilization and volume,” according to CEO Michael Kneeland. The company announced first quarter results Tuesday, saying rental revenue had increased 9.7 percent year-over-year. Total revenue was […]
April 17, 2014
Business
Obama, Biden announce $600 million initiative to close skills gap through job training and apprenticeships
Today, President Barack Obama and Vice President Joe Biden announced a $600 million initiative that seeks to equip more workers with the skills needed to fill thousands of open but specialized jobs. The initiative will be funded by existing Labor Department funds. The first part of the initiative is $500 million in competitive grants intended […]
April 16, 2014
Business
Home starts up 2.8% in March, builder confidence up slightly
Home starts rose 2.8 percent in March due to an increase in single-family homes, signaling what many analysts hope to be an end to construction slowdowns caused by the harsh winter weather. U.S. home starts rose to a seasonally adjusted annual rate of 946,000 from February’s revised rate of 920,000. February’s figure was revised upward […]
April 16, 2014
Business
DOT now predicts Highway Trust Fund will run out of money by end of August
In its latest update of the Highway Trust Fund Ticker, the U.S. Department of Transportation predicts the HTF to run out of money by the end of August. In the ticker update, the DOT notes that the Highway Account started fiscal year 2014 with about $1.6 billion, and $9.7 billion was transferred from the General Fund. […]
April 16, 2014
Business
Construction workers design and open coffee house filled with reclaimed wood
As Brooklyn sees more and more of the development and renovation that come  with gentrification, one new coffee shop in the Bed-Stuy neighborhood was inspired by and will focus on serving the men and women who carry out all that developing and renovation. Kava Shteeble (Yiddish for coffee house) was opened by a group of construction workers […]
April 15, 2014
Roadbuilding
Unsteady Ground
Corps of Engineers denies contractor’s Type 1 differing site condition claim on Iraqi project.
April 12, 2014
Roadbuilding
Behind the design of Colombia’s first four-lane road
Mario Huertas Corporation won a $400 million, five-year highway contract to design and build this major part of the country’s infrastructure.
April 11, 2014
Roadbuilding
Essential Communication for Winter Emergency Preparedness
Should snow bosses interpret a 70-percent chance for snow after midnight to mean that crews should be on the road by midnight? Maybe – maybe not. Having conversations with your meteorologists – public or private – will help your department maximize safety to the travelling public while minimizing costs to your community. Other than the […]
April 11, 2014
Business
Senators reach bipartisan agreement on plan for long-term highway bill
Sen. Barbara Boxer said Thursday that she and three other top transportation committee senators have “reached an agreement in principle on a transportation bill.” During a press conference, Boxer, who is chairman of the Senate Environment and Public Works Committee, — along with EPW ranking member David Vitter, Transportation Infrastructure Subcommittee chairman Tom Carper and […]
April 11, 2014
Business
North Dakota oil boom causes huge demand for construction workers, hiring difficulty for South Dakota contractors
The oil boom that has pulled in construction workers and contractors from across the country to the sparsely-populated state of North Dakota has led to a building boom that now requires even more workers. The huge population growth for the state has created a demand for new government buildings, schools, hospitals recreation centers and more […]
April 10, 2014
Business
Americans would rather pay more taxes to fund infrastructure over national defense or health care
If given the choice, more Americans would be willing to designate taxes to infrastructure than to national defense or health care, according to the results of an April 2014 Reason-Rupe poll. Released last week, the survey results feature telephone responses from 1,003 adults throughout the U.S. who answered questions on a variety of topics, including […]
April 10, 2014
Business
Three-alarm blaze does $2 million in damage at Anaheim construction site
In Anaheim, California 88 firefighters fought for more than an hour to contain a three-alarm fire at an apartment complex construction site. The fire, which did not spread to surrounding structures, gutted the building, dealing $2 million worth of damage, according to a report from the Orange County Register. The building is one of several […]
April 9, 2014
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