• Recent oil price gains have eased after government data indicated that U.S. crude stocks have plunged more than expected as imports have declined and drillers pumped more product. Crude inventories fell by 7.6 million barrels in the last week, compared with analysts’ expectations for a decrease of 2.9 million barrels. Brent crude, the global benchmark, was down 9 cents,…
Read MoreMonth: July 2017
Report: Asphalt Demand for Highways and Streets to Rise
Demand for asphalt used in highways and streets is forecast to advance 3.3 percent per annum to 13.7 million tons in 2021, aided by increases in government funding and rising highway and street construction activity.
Read MoreMSHA Issues New Serious Accident Alert
The Mine Safety and Health Administration (MSHA) has issued the following serious accident alert:
Read MoreHouse Panel Cuts Funding for Department of Transportation
A House panel approved legislation that would cut funding for the Department of Transportation (DOT) by more than half a billion dollars, according to The Hill. The House Appropriations subcommittee on transportation, housing and urban development advanced a spending bill by voice vote to provide $17.8 billion in discretionary funding for the DOT in the fiscal year 2018.
Read MoreMcCloskey Dealer Restores 20-Year-Old Trommel
Tyalta Industries – the exclusive dealer for McCloskey International in Alberta, Saskatchewan and Manitoba, Canada – recently restored a customer’s 514 McCloskey Trommel. Despite the trommel being so damaged that it was considered a write-off, the Tyalta team went to work to see if they could bring it back to life. At almost 20 years old, repairing the trommel could challenge…
Read MoreDodge Momentum Index Moves Higher in June
The Dodge Momentum Index took another step forward in June, increasing 1.1 percent to 141.1 (2000=100) from its revised May reading of 139.6. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.
Read MoreMSHA Issues Final Report on January Fatality
The Mine Safety and Health Administration (MSHA) issued a final report on a Fatal Fall of Ground (Rib/Back) accident that occurred on Jan. 25, 2017, at the Linwood Mine, Linwood Mining and Minerals Corp., Davenport, Iowa.
Read MoreEvoEquip Cobra 230 Impact Crusher
EvoQuip, a Terex brand, offers a comprehensive portfolio of products to address the needs of the compact crushing and screening markets. The company has launched a new addition to its impact crushing range: the Cobra 230 impact crusher. No matter what line of work you’re in, whether it is construction and demolition, asphalt recycling, quarrying or contract crushing, the Cobra…
Read MoreSummit Materials Implements Fleet Maintenance Management Solution
When Summit Materials found itself faced with a unique asset maintenance challenge, it turned to TMW Systems for the solution. Operating from 57 maintenance facilities across North America, Summit Materials implemented TMW’s comprehensive TMT Fleet Maintenance management solution to centralize and streamline in-house maintenance and repair operations.
Read MoreTransaction Analysis: Martin Marietta Acquires Bluegrass Materials
Martin Marietta Materials’ pending acquisition of Bluegrass Materials is big news and Ward Nye, president and CEO of Martin Marietta, said the $1.6 billion buy means big business in the Southeast, according to Brian Krehbiel, vice president for investment banking firm Headwaters MB.
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