The Dodge Momentum Index (DMI), issued by Dodge Construction Network (DCN), rose 0.1% in January to 184.1 (2000=100) from the revised December reading of 183.9. Over the month, commercial planning fell 1.0% and institutional planning improved 2.1%. “Divergent trends between commercial and institutional planning continued in January, nullifying any growth on the overall Momentum Index,” stated Sarah Martin, associate director…
Read MoreDay: February 8, 2024
Railroad Aggregates Volumes Down in January
The Association of American Railroads (AAR) reported U.S. rail volumes for January 2024. U.S. railroads originated 1,025,168 carloads in January 2024, down 7.2%, or 79,725 carloads, from January 2023. U.S. railroads also originated 1,206,014 containers and trailers in January 2024, up 5.5%, or 63,195 units, from the same month last year. Combined U.S. carload and intermodal originations in January 2024…
Read MoreHyundai Shares Xite Innovation Vision at CES 2024
HD Hyundai’s Xite innovation, created with cutting-edge technologies such as artificial intelligence (AI), digital technologies and robotics, will go beyond improving construction sites and equipment to fundamentally transform the way humanity builds the future, the company stated. HD Hyundai Vice Chairman and CEO Kisun Chung presented “Xite Transformation,” the vision that transcends the limitations of time and space and will…
Read MoreBig Rock Math
EveryPoint Discusses The Business Cases Around Effective Inventory Management And Optimized Pricing In Aggregates. By Barry Hudson and Lisa Tener Each day hundreds of aggregate teams collaborate to ensure the successful production, distribution, sale and delivery of bulk products to customers in the United States and abroad. Inaccurate perpetual inventory data leads to poor decisions and labor-intensive corrective measures which…
Read MoreEriez Strengthens Research and Development with Cardiff University Partnership
Eriez announced the inauguration of its cutting-edge Research and Development hub, Eriez at sbarc, located at Cardiff University in Wales. This strategic partnership with Cardiff Innovations underscores its dedication to fostering innovation and expanding its Research and Development initiatives. Eriez’ Wales-based R&D team now operate primarily from this new, state-of-the-art facility. Eriez’ history of working with Cardiff University began when…
Read MoreCemex U.S. Business Up 6% in 2023
Cemex reported 2023 results, with an 8% growth in sales to $17,416 million in 2023, and 5% to $4,243 million in the fourth quarter. This performance, coupled with the board’s confidence in the medium-term outlook and strong free cash flow generation over the last few years, allows Cemex to initiate a formal shareholder return program, subject to approval at the…
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