The Reason Foundation released a new report, “Interstate 2.0: Modernizing the Interstate Highway System via Toll Finance,” which details how much it will cost to reconstruct and widen Interstate highways in all 50 states and shows how to pay for the modernization efforts with toll revenues.
Read MoreDay: September 17, 2013
Oldcastle President Elected ARTBA Chair
Doug Black, president and chief operating officer of Atlanta-based Oldcastle Inc. has been elected 2013-14 chairman of the American Road & Transportation Builders Association (ARTBA). The election was announced during the association’s national convention, held Sept. 8-10 in Milwaukee, Wis.
Read MoreDodge Momentum Index Gains Ground in August
The Dodge Momentum Index advanced 1.4 percent in August to 114.2 (2000=100), according to McGraw Hill Construction, a division of McGraw Hill Financial.
Read MoreFMI Releases Q3 Construction Outlook Report
Management consulting and investment banking firm FMI released its third-quarter 2013 Construction Outlook. According to the report, markets continue to shift, reducing annual Construction-Put-Place predictions to $909.6 billion, down nearly $4 billion from previous predictions. Early forecasts for 2014 show annual CPIP continues moderate growth of 7 percent, rising to $977 billion.
Read MoreNSSGA Kicks Off Awards Program
NSSGA’s safety, environmental and community relations awards program has kicked off, according to the association.
Read MoreKnife River Lands North Dakota Project
Knife River Corp., a subsidiary of MDU Resources Group Inc., has received a $51 million North Dakota highway construction contract for a bypass project on Highway 85. This is the largest road-construction contract Knife River has been awarded in the state.
Read MoreCanadian Shipments Pushing Record
September 16, 2013 – Good news from up North. Fueled by road construction across the region, shipments passing through the Port of Windsor, Canada, are on a record pace and could break a mark set in 2006.
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