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Eagle Materials Heavy Materials Business Down

Eagle Materials Inc. reported financial results for fiscal year 2019 and the fiscal fourth quarter ended March 31. For 2019, the company is reporting:

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Illinois Motorists Heavily Impacted by Bad Roads, Bridges

Roads and bridges that are deteriorated, congested or lack some desirable safety features cost Illinois motorists a total of $18.3 billion statewide annually – as much as $2,559 per driver in some urban areas – due to higher vehicle operating costs, traffic crashes and congestion-related delays. 

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Repair Priorities Report Spotlights Deteriorating Roads

Transportation for America and Taxpayers for Common Sense said it will take $231.4 billion per year just to keep our existing road network in acceptable repair and bring the backlog of roads in poor condition into good repair over a six-year period.

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Great Lakes Limestone Shipments Up 69% in April

Lake Carriers’ Association (LCA) reports that shipments of Great Lakes limestone totaled 2,114,432 net tons in April, an increase of 69% compared to a year ago. Loadings surpassed the month’s five-year average by 38%.

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California Infrastructure Graded a C-

The 2019 Report Card for California’s Infrastructure, released by the American Society of Civil Engineers (ASCE), gives California an overall grade of a “C-.” The state has made progress in recent years to close the infrastructure investment gap, but much work remains to prepare the infrastructure to support the state’s economy and preserve Californians quality of life.

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