International construction materials company Breedon Group plc, with locations in Great Britain, Ireland and the United States, provided the following trading update ahead of the group’s Annual General Meeting. Trading during the first quarter was impacted by the ongoing macroeconomic uncertainty and reduced construction activity due to wet weather conditions. This led to softer volumes which were partially offset by…
Read MoreDay: April 24, 2024
MSHA Safety Alert: Customer Truck Drivers
MSHA reported that since 2021, customer truck drivers have been involved in six fatal accidents, prompting a safety alert. The agency recommends the following best practices to avoid this type of accident:
Read MoreTRIP: Baltimore Bridge Collapse Highlights Importance of Infrastructure Network
The month following a collision by a cargo ship that collapsed a portion of Baltimore’s Francis Scott Key Bridge has highlighted the importance of the safety, reliability and condition of the nation’s freight transportation network in meeting the growing need for timely and safe movement of goods, according to TRIP, a national transportation research nonprofit based in Washington, D.C.
Read MoreIntegrated Power Services to Acquire Assets of ABB Industrial Services Business
IPS, which specializes in the servicing, engineering and remanufacturing of electrical, mechanical, and power management assets, has agreed to acquire assets of ABB’s Industrial Services business.
Read MoreNew Home Sales Post Solid Gain in March
Despite higher interest rates last month, new home sales rose in March due to limited inventory of existing homes. However, the pace of new home sales will be under pressure in April as mortgage rates moved above 7% this month, which is expected to moderate sales and increase the use of builder sales incentives this spring.
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