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Midterm Elections Highlighted by Change, Possibility

The results of the midterm elections are in, and significant changes are coming to Congress, especially to the House Transportation & Infrastructure (T&I) Committee, according to the National Stone, Sand and Gravel Association (NSSGA).

Read more: Midterm Elections Highlighted by Change, Possibility

Martin Marietta Surges to Record Third-Quarter Results

Martin Marietta Materials Inc. reported record results for the third quarter ended Sept. 30. The company is reporting total revenues of just over $1.2 billion versus just under $1.1 billion for the year-ago period.

Read more: Martin Marietta Surges to Record Third-Quarter Results

Great Lakes Limestone Trade Down 7.5 Percent in October

Shipments of limestone on the Great Lakes totaled 3.4 million tons in October, a decrease of 7.5 percent compared to a year ago.  Limestone cargos also trailed the month’s five-year average by 4.6 percent, according to the Lake Carriers Association (LCA).

Read more: Great Lakes Limestone Trade Down 7.5 Percent in October

Summit Materials Impacted by Inclement Weather in Third Quarter

Summit Materials Inc. reported that for the three months ended Sept. 29, the company achieved net income attributable to Summit Inc. of $71.3 million or $0.64 per basic share, compared to net income attributable to Summit Inc. of $81.3 million or $0.74 per basic share in the comparable prior-year period. 

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Arcosa Created from Trinity Industries Construction Materials Businesses

A spinoff of assets outside Trinity Industries core Rail and Railcar Leasing and Management Services businesses has created Arcosa Inc., a separate publicly traded company reporting 2017 sales of $1.5 billion across three groups: Construction Products, with 11 sand and gravel operations (Texas, Louisiana) and eight expanded shale and clay plants (Alabama, Arkansas, California, Colorado, Indiana, Kentucky, Louisiana, Texas), plus Energy Equipment and Transportation. 

Read more: Arcosa Created from Trinity Industries Construction Materials Businesses