Construction spending during September 2019 was estimated at a seasonally adjusted annual rate of $1,293.6 billion, 0.5% (±1.0%) above the revised August estimate of $1,287.1 billion, according to the U.S. Census Bureau. The September figure is 2.0% (±1.8%) below the September 2018 estimate of $1,319.7 billion.
Read MoreMonth: November 2019
Cat 326 Excavator Offers Operating Simplicity
The new Cat 326 excavator delivers premium performance with integrated simple-to-use technologies boosting efficiencies up to 45% over previous models. This 26-ton class model delivers improved fuel savings, lower maintenance costs and improved operator comfort with all-new cab designs. The new excavator offers high reliability at a low cost-per-hour performance. Key to the design of the new Cat 326 is…
Read MoreShale Support Signs Extension With Shale Rail
Shale Support Global Holdings LLC, a provider of frac-sands and logistical solutions to the oil and gas proppant market, has signed an extension to continue working with Shale Rail as the exclusive supply company for a Wysox, Pa., facility.
Read MoreCanadian Premium Sand Releases Corporate Update
Canadian Premium Sand Inc. provided a corporate update on its previously announced comprehensive capital optimization review, the conductivity and permeability test results for its 40/70 mesh-size product and its ongoing efforts to secure offtake and transload location agreements.
Read MoreU.S. Silica Holdings’ Tons Sold Down 1% in Third Quarter
U.S. Silica Holdings Inc. announced third quarter 2019 results, including a net loss of $23.0 million, or $(0.31) per basic and diluted share.
Read MoreThis Week’s Market Buzz
Oil prices came under pressure at press time from rising U.S. crude oil stocks and weak factory activity in China, with few bullish factors on the horizon. Brent crude futures fell 40 cents to settle at $60.21 a barrel, erasing earlier gains. U.S. West Texas Intermediate (WTI) crude futures fell 88 cents, or 1.6%, to settle at $54.18 per barrel.…
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