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Business: Page 14
Business
Caterpillar Picks Joe Creed as New CEO; Umpleby Named Executive Chairman
The 49-year-old COO will take over as CEO on May 1, while Umpleby, 67, will transition to his new role of executive chairman.
April 15, 2025
Roadbuilding
Texas DOT to Cut Ribbon on New Harbor Bridge in Corpus Christi May 10
After controversies and delays, the $803 million US 181 bridge will be one of the largest cable-stayed spans in the U.S.
April 15, 2025
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February 1, 2026
Roadbuilding
ASCE Bumps Up Texas Roads to a “C–”; Bridges Stay “B–”
Congestion and aging bridges were seen as key issues for the state in addressing its infrastructure needs.
April 11, 2025
Roadbuilding
NCDOT to Host National Work Zone Awareness Week Starting April 21
The U.S. Bureau of Labor Statistics reported that 94 highway workers died while working in road construction sites in 2022.
April 10, 2025
Business
Hitachi Construction Machinery Americas Appoints New CEO, COO
Hitachi says the new CEO and chairman will lead the expansion of its rental business in North America.
April 10, 2025
Business
Construction Groups, Equipment Manufacturers React to Trump Tariffs
Many groups say their members are already feeling the effects, while some OEMs are implementing plans to protect themselves.
April 9, 2025
Roadbuilding
NTSB: Deadly Wyoming Tunnel Fire Caused When Pickup Truck Spun Out of Control
The crash and fire at the Interstate 80 Green River Tunnel in February killed three and injured 20.
April 9, 2025
Safety & Compliance
Contractor, Equipment Operator Plead Guilty to Manslaughter after Trench Death
The 56-year-old worker was in an 8-foot-deep, 135-foot-long trench guiding a pipe installation when the cave-in occurred.
April 7, 2025
Roadbuilding
Kansas DOT Breaks Ground on $239 Million I-70 Polk-Quincy Viaduct
The project will replace the viaduct built in the 1950s with a new 2.5-mile, six-lane bridge and widened I-70.
April 4, 2025
Business
New Komatsu North America CEO Rod Bull Takes the Reins
Bull was promoted from executive vice president of Komatsu’s North America region and has been with the company since 2015.
April 4, 2025
Business
JCB Responds to Trump Tariffs with Plan to Increase Texas Plant’s Size
In response to increased tariffs announced April 2 by President Trump, JCB says it will increase the size of its new factory being built in Texas.
April 3, 2025
Dealers
Weisbaum Promoted to North American Head of New Holland Construction
The new leader says his focus will be on growing the dealer network and strengthening dealer relationships.
April 3, 2025
Business
Judge Throws Out $100M Jury Award Against Caterpillar
After a jury ruled Caterpillar wrongfully interfered with ICP's deal to sell imported Chinese equipment online, its damages award has been vacated.
April 2, 2025
Roadbuilding
Mississippi to “Eliminate” Income Tax, But Raises Gas Tax for Roads, Bridges
A new law calls for the eventual elimination of the state’s individual income tax but raises the gas tax for the first time in nearly 40 years.
April 1, 2025
Roadbuilding
Work Continues on NY's Largest Road Construction Project, the Syracuse I-81 Viaduct
Work in 2025 will include on and off ramps and starting a new roundabout. The project will eventually demolish the 1.4-mile viaduct.
March 31, 2025
Contractor of the Year
Demolition & Nuclear Decommissioning Company Named 2025 Contractor of the Year
Bill Schaab and William Sundeen Jr., owners of American Demolition and Nuclear Decommissioning of New York, won this year's award.
March 31, 2025
Roadbuilding
U.S. Roads Get "D+"; Bridges a "C" in ASCE's 2025 Infrastructure Report Card
The road grade rose from a "D," partly due to the falling percentage of major roads in “poor or mediocre” condition since 2020.
March 28, 2025
Roadbuilding
Maryland Transportation Authority Deflects Blame for Key Bridge Collapse
The NTSB says the MDTA should have been aware of the bridge's collapse risk. The MDTA blames the owner of the ship that crashed into it.
March 27, 2025
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