U.S. Open Played on Reclaimed Quarry
- Published: Friday, 19 June 2015 10:41
- Written by Rock Products News
Increasing the gas tax does not result in a commensurate penny-to-penny increase in the retail price motorists pay at the pump, a study of the market impacts of five state gas tax increases enacted in 2013 found.
The House of Representatives narrowly passed H.R. 2577, a $55.3 billion fiscal 2016 transportation-housing spending measure, by a vote of 210-216. It provides nearly $40.3 billion from the Highway Trust Fund to be spent on the Federal-aid Highways Program, equal to FY2015.
Granite Construction Inc. reported a net loss of $8.6 million for the quarter ended March 31, 2015, compared to a loss of $20.6 million in the first quarter of 2014. Losses per share in the quarter were $0.22, compared to $0.53 in the prior-year period.
On June 3, Don Shilling, president of General Equipment and Supplies of Fargo, N.D., and the Associated Equipment Distributors' (AED) 2015 national chairman, called for bold, decisive action to restore certainty to the federal highway program.