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Business
Demand for Labor Remains Strong, But Recession Looms, says ABC
“Many economists believe that a recession in America over the next 12 to 18 months has become virtually inevitable,” says ABC Chief Economist Anirban Basu.
May 4, 2022
Big Iron Dealer
Ritchie Bros.: Demand at an All-Time High, $1B in Open Credit Approvals
Prices for used heavy equipment have jumped a staggering 24% over the past 16 months.
April 25, 2022
Business
How Contractors Can Continue to Navigate 2022
Ben Johnston, COO of Kapitus, provides insight for construction contractors on how to approach current issues.
April 22, 2022
Equipment
The Big Question: How Long Until New Equipment Arrives?
As the latest models were revealed at World of Asphalt, so were record order backlogs.
April 20, 2022
Business
Economist Fears Inflation Will Lead to 2023 Recession
“Inflation is likely to be more persistent than many people are thinking," says Associated Builders and Contractors' chief economist.
April 8, 2022
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Better Roads
The Impact of Fuel Use Trends on the Highway Trust Fund’s Present and Future – downloadable PDF
The Associated Equipment Distributors (AED) commissioned the study, “The Impact of Fuel Use Trends on the Highway Trust Fund’s Present and Future,” through The College of William & Mary’s Thomas Jefferson Program in Public Policy (TJPPP) commissioned a study to help document the challenges facing the Highway Trust Fund (HTF) and to encourage creative thinking […]
April 1, 2013
Better Roads
NTEA releases ‘2013 Fleet Purchasing Outlook’
The NTEA, the Association for the Work Truck Industry, has just released its 2013 Fleet Purchasing Outlook. Based on survey results from 287 mid- to high-level management fleet professionals with decision-making authority for truck acquisitions or vehicle specifications, the Outlook provides insights on critical factors that influence buying behavior from a broad range of fleet […]
March 13, 2013
Better Roads
‘Gridlock’ – a video from ARTBA on fixing the Highway Trust Fund
The American Road & Transportation Builders Association (ARTBA) has put together, “Gridlock,” a grassroots mobilization video to urging Congress to fix the Highway Trust Fund and subsequent crumbling infrastructure. To see the video, go to http://www.artba.org/article/video-message.
March 12, 2013
Better Roads
Monthly Motor Fuel Report shows -0.2 percent change
The November 2012 Monthly Motor Fuel Reported by States report, publicly released on March 7 by the Department of Transportation Federal Highway Administration (FHWA) Office of Policy, showed a a change of -0.2% nationwide, from the same month from previous year. A total of 31 states reported, with the remainder estimated. Changes by region were as […]
March 11, 2013
Better Roads
Illinois Tollways investing $922 million in capital projects this year
The Illinois Tollway plans to invest $922 million in capital projects in 2013, doubling the amount it spent in 2012, according to a new release issued on March 11. This includes funding for the second year of the agency’s 15-year, $12 billion capital program, Move Illinois: The Illinois Tollway Driving the Future. These investments are […]
March 11, 2013
Better Roads
Report: Motor fuel tax change of -0.2% nationwide
The November 2012 Monthly Motor Fuel Reported by States report, publicly released on March 7 by the Department of Transportation Federal Highway Administration (FHWA) Office of Policy, showed a a change of -0.2% nationwide, from the same month from previous year. A total of 31 states reported, with the remainder estimated. Changes by region were as […]
March 11, 2013
Better Roads
Granite named as one of ‘World’s Most Ethical Companies’
Granite Construction Inc. has again been recognized by the Ethisphere Institute as one of the 2013 World’s Most Ethical Companies (WME). The 2013 WME companies are those that embrace ethical business practice and demonstrate industry leadership. “Not only did more companies apply for the World’s Most Ethical Companies recognition this year than any year in […]
March 7, 2013
Better Roads
Highway, bridge contract awards down 3 percent – ARTBA report
Despite the 2012 passage of the federal surface transportation law, “Moving Ahead for Progress in the 21st Century” (MAP-21), the real value of highway and bridge contract awards over the last 12 months was down three percent compared the previous 12-month period, according to the latest analysis of McGraw-Hill Dodge data by the American Road […]
March 6, 2013
Better Roads
Illinois Tollway awards than $73 million in contracts
The Illinois Tollway Board of Directors on Feb. 28 awarded three new construction contracts totaling $23 million and six new engineering contracts totaling $50.4 million for construction management and design services. More than $296.9 million in construction and engineering contracts have been approved by the Tollway Board so far in 2013. A total of $924.9 […]
March 5, 2013
Better Roads
Reuters: Cat to cut 1,400 jobs at Belgium plant
Reuters reports that Caterpillar Inc. plans to cut 1,400 jobs at a plant near Charleroi in Belgium “due to high costs and the weak European economy,” the group’s Belgian unit said on Feb. 28. The cuts will come at the Gosselies site just outside of Charleroi, one of the largest Caterpillar facilities in Europe, where […]
March 5, 2013
Better Roads
Residential construction positioned for expansion, nonresidential will ‘limp along’
The Associated Builders and Contractors (ABC) reports that nonresidential construction spending fell 3.3 percent in January, with outlays decreasing to a seasonally adjusted annual rate of $572.1 billion, citing a March 1 report by the U.S. Census Bureau. Year over year, total nonresidential construction spending is up only 0.8 percent (unadjusted for inflation), according to […]
March 4, 2013
Better Roads
Illinois Tollway needs firms for 15-year, $12 million program
The Illinois Tollway is looking for firms to provide design, construction management and technical services for 23 new contracts associated with its 15-year, $12 billion capital program Move Illinois: The Illinois Tollway Driving the Future. The contracts will provide for an estimated $90 million in design and construction management for the Jane Addams Memorial Tollway […]
March 4, 2013
Better Roads
Granite Q4, 2012 revenues up, net income down
Granite Construction‘s fourth-quarter 2012 and overall 2012 revenues at a glance, according to the company’s report released on Feb. 28: Revenues for the year increased 4 percent to $2.1 billion Net income of $45.3 million in 2012 compared with $51.2 million in 2011 Large Project Construction gross margins improved to 17.2 percent Balance Sheet remains […]
March 1, 2013
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