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Tag: revenue: Page 2
Roadbuilding
South Carolina considers using DOT trucks as billboards
South Carolina Department of Transportation vehicles could soon be advertising more than just road construction if a plan by the department is approved. The Associated Press reported that the SCDOT has asked a panel in the State House of Representatives if it could begin selling advertisements on department property like trucks and even buildings to raise money. “We […]
December 7, 2015
Roadbuilding
Martin Marietta reports huge 2nd quarter profits
Martin Marietta Materials has reported strong second quarter earnings of $1.34 per share compared to 89 cents per share in the second quarter of 2013. Revenue for the company totaled $669.2 million, up from $561.3 million during the same period last year. Net sales hit a record $601.9 million, up from $507.1 million. The company […]
July 31, 2014
Roadbuilding
Daimler, Volvo report higher sales, profit in second quarter
Daimler reported this week that second quarter revenue in its truck segment were mostly flat at $10.74 billion compared to the same period last year, while profits jumped 5 percent to $612 million. Volvo in its earnings call reported a 44 percent increase in deliveries through June, while Mack, which Volvo owns, reported a 24 […]
July 29, 2014
Roadbuilding
With lack of transportation funding, highway contractors shift to other fields
The recent drop in transportation infrastructure spending has some highway contractors moving to other fields such and energy exploration, according to a report from the Wall Street Journal. The highway construction industry lost more than 2 million workers during the recession, reaching a low in January 2011. Since then, the industry has added 399,000 jobs, […]
November 27, 2013
Business
Baird, RER report rental revenue growth in second quarter of 2012
Baird, in partnership with Rental Equipment Register magazine (RER), published the results of its second-quarter 2012 rental equipment industry survey, which showed continued double-digit rental revenue growth of 10.4 percent year over year, compared with 10.5-percent growth in the first quarter of 2012. According to the survey, outlook for the remainder of the year reflects […]
August 13, 2012
Maintenance
Granite Construction’s Liberty Quarry could mean millions for California
Granite Construction’s proposed Liberty Quarry would help refill California’s depleted coffers, pouring millions of dollars into state and local governments and helping to fund the struggling California State Teachers Retirement System. The nearly bankrupt Golden State is facing a $20 billion budget shortfall in the next fiscal year, and state leaders are scrambling to bolster […]
July 6, 2010
Roadbuilding
Arsenault revenue up 118 percent in last 5 years
Arsenault Associates reports that its revenue grew by 118 percent during the past five years, and despite the severe recession and resulting downturn in the transportation industry, revenues grew 5 percent in 2009. The provider of fleet maintenance management solutions also notes that it increased staffing in product development, contrary to the current industry trend. […]
March 16, 2010
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