Reps. Conor Lamb (D-Pa.) and Bob Gibbs (R-Ohio), both members of the House Committee on Transportation and Infrastructure, led a coalition of bipartisan members in a letter to House leadership encouraging support for state Departments of Transportation (DOTs) in the next package of COVID-19 relief legislation. This aid will help critical infrastructure projects move forward, while also keeping other critical state…
Read MoreDay: May 12, 2020
AGC Economic Update
May 12, 2020 – According to Associated General Contractors (AGC) of America’s Economist Ken Simonson, construction technology firm Procore released an analysis of the decline in construction work hours since March 1 by week, state, project type and contractor revenue size, based on hours tracked by Procore clients. Hours totaled 14.0 million (representing roughly 400,000 employees) during the week of March 1. The data shows…
Read MoreNew Enterprise CFO Stone to Retire
New Enterprise Stone & Lime Co. Inc. (NESL) announced the planned May 31, 2020, retirement of Al Stone, the company’s chief financial officer. The company is conducting a formal search for his replacement, which includes internal and external candidates. While the search is undertaken, the role of interim CFO will be shared by Paul Detwiler III and several members of the company’s…
Read MoreRural Roads Report Details Ominous Conditions
America’s rural transportation system is in need of repairs and modernization to support economic growth and improve traffic safety in the nation’s Heartland, but the United States faces a $211 billion backlog in funding for needed repairs and improvements to the rural transportation system. This is according to a new report released by TRIP, a national transportation research nonprofit.
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