Volvo said orders in North America improved by 73 percent and reached a total of 17,772 vehicles, up from 10,251 the previous year, as the group gained market share in the region. Net orders in the third quarter amounted to 50,449 trucks, up from 44,224 vehicles a year ago while orders in Asia grew by 4 percent, while those in Europe…
Read MoreDay: November 5, 2014
Mid-Term Election a Wake-Up Call to Legislators
While the Mid-Term elections may have been a referendum on the state of the country and economy, it is less certain what it means for the transportation industry.
Read MoreConstruction Spending Slips Again
Construction spending decreased for the second consecutive month in September as declines in public and private nonresidential construction, as well as multifamily projects, offset growth in single-family homebuilding, according to an analysis by the Associated General Contractors of America. Association officials said the new spending figures underscore how challenges current market conditions are for many firms.
Read MoreTransportation Initiatives Pass on Election Day
Voters across the nation again demonstrated they strongly support increased investment in transportation improvements, approving 60 of 90 (67 percent) transportation-related initiatives that were on the November ballot, according to a report from the American Road & Transportation Builders Association’s Transportation Investment Advocacy Center (ARTBA-TIAC).
Read MoreMDU Construction Materials Business Has Record Quarter
MDU Resources Group Inc. reported third quarter consolidated adjusted earnings of $84.9 million, or 44 cents per common share, compared to $92.3 million, or 49 cents per common share for the third quarter of 2013. Consolidated GAAP earnings were $103.0 million, or 53 cents per common share, compared to $84.3 million, or 44 cents per common share for the third…
Read MoreNatural Resource Partners Benefits from Aggregates Acquisition
Oil and gas, coal, aggregates and industrial-minerals producer Natural Resource Partners L.P. (NRP) reported revenues of $91.6 million for the third quarter of 2014 compared to $82.2 million for the third quarter of 2013, and distributable cash flow, a non-GAAP measure, of $57.8 million compared to $104.6 million for the third quarter of 2013.
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