Astec, and all of its brands, have been on an exciting journey to come together under one name with one common look. Unifying its organization allows it to build its strength together and as a partner to the industry. Its vision to connect people, processes and products is at the heart of everything it does and with its new organization,…
Read MoreDay: May 26, 2021
ROCKS Act Approved in EPW Committee
The Senate Environment and Public Works (EPW) Committee successfully approved, by a vote of 20-0, its bipartisan Surface Transportation Reauthorization Act of 2021, which includes S. 1672, the Rebuilding Our Communities by Keeping Aggregates Sustainable (ROCKS) Act.
Read MoreAstec Launches a Rebrand to Simplify the Business
Astec Industries Inc. is launching a new modern look with a rebranding initiative to coincide with its business model. The rebrand includes a new logo, color palette and website. The launch comes while the organization streamlines its internal structure and operations to improve efficiency and drive growth.
Read MoreDeere Celebrates 50 Years of Backhoe Loaders
John Deere is celebrating 50 years of backhoe loaders, a history of innovation and excellence that first started with the introduction of the JD310 model in 1971. Today, the 310L, the latest generation of the original model, remains a cornerstone within the John Deere backhoe lineup as a result of the continuous improvement to the design and efficient performance.
Read MoreMSHA Reports 12th Fatality
The Mine Safety and Health Administration (MSHA) reported that on May 18, a telehandler at the Young Mine, Jefferson County, Tenn., was towing a trailer with a diesel pump onboard up an inclined underground roadway when the tow hitch suddenly broke. The trailer rolled down the roadway, striking and fatally injuring a contract laborer.
Read MoreTRIP: Vehicle Travel Returns to Near Pre-Pandemic Levels
As the summer travel season begins and the United States continues to emerge from the COVID-19 pandemic, vehicle travel has returned to near pre-pandemic levels and has surpassed pre-COVID levels in 15 states, according to a new report by TRIP, a Washington, D.C.-based national transportation research nonprofit.
Read MoreNew Home Sales Soften in April
Rising building materials costs and low inventory have caused new home sales prices to jump 20% on a year-over-year basis, harming housing affordability and driving down the pace of new home sales. Sales of newly built, single-family homes fell 5.9%, following a significant downward revision of the March estimate, to a 863,000 seasonally adjusted annual rate, according to newly released data by the U.S.…
Read MoreFreight Bottlenecks a $42 Billion Hidden Cost on U.S. Economy
Freight bottlenecks cost the U.S. economy more than $42 billion in 2019 – a hidden tax on the American people that is only likely to increase as the country fully opens, according to a review of Federal Highway Administration (FHWA) data.
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