U.S. Senators Bob Corker (R-Tenn.) and Chris Murphy (D-Conn.) unveiled the first bipartisan proposal to shore up the Highway Trust Fund by making changes to the federal motor fuels tax, which funds improvements to roads, bridges and transit systems. The proposal would create a long-term, stable funding mechanism for the Highway Trust Fund and enact tax relief for American families…
Read MoreDay: June 23, 2014
May Construction Retreats 5 Percent; Highways Up
At a seasonally adjusted annual rate of $513.4 billion, new construction starts in May dropped 5 percent from the previous month, according to McGraw Hill Construction, a division of McGraw Hill Financial. The reduced pace for total construction starts reflected a moderate loss of momentum for nonresidential building and housing, while the nonbuilding construction sector eased back slightly.
Read MoreHousing Production Falls 6.5 Percent in May
Declines in both single- and multifamily starts pushed nationwide housing production down 6.5 percent in May to a seasonally adjusted annual rate of just over 1 million units, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. However, single-family permits, which can be an indicator of future building activity, rose…
Read MoreSurvey Finds Drivers Frustrated
Ahead of the summer driving season, a new survey from the Asphalt Pavement Alliance (APA) finds drivers are increasingly frustrated with the state of U.S. roads. The national survey found that drivers prefer well-maintained, safe, and smooth roadways; moreover they understand these qualities require periodic maintenance and financial investment.
Read MoreAtlas Copco in Top 10 of Sustainability Ranking
Atlas Copco has been ranked seventh by Newsweek Green Rankings, one of the world’s foremost corporate environmental rankings of the 500 largest publicly traded, global companies by market capitalization.
Read MoreWeir Minerals Cone Crusher
The term “comminution” refers to the size reduction and sorting of mining, mineral and aggregate materials. Available in the SP 100, SP 200, SP 300 and SP 400 models, and ranging from 100 to 400 hp, the Enduron SP series cone crushers deliver one of the highest production-capacity-per-feed ratios in the industry. Cone crusher adjustments and operations are fully automated,…
Read MoreMartin Marietta, DOJ Set to Settle
June 21, 2014 – Martin Marietta Materials Inc. expects to enter into an agreement with the U.S. Department of Justice that will resolve all competition issues with respect to Martin Marietta’s proposed acquisition of Texas Industries Inc. Martin Marietta believes that the agreement will be finalized this week. While Martin Marietta is not in a position to state the terms…
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