As I sit to write this month’s column, the Dow Jones Industrial Average has touched 40,000. Only the weeks ahead will determine if the average pushes through and trades up into the 40s permanently, or if profit-taking results in continued trading in the 39,000s, or even lower. Remember, this stands in stark contrast to the average’s 20-year low we experienced…
Read MoreDay: May 29, 2024
Rock Products + Young Leaders
The National Stone, Sand & Gravel Association (NSSGA) recently convened its 2024 Annual Young Leaders Meeting in San Antonio. The event was attended by Rock Products’ prevailing Young Leader, Managing Editor Josephine Patterson. Along with keynotes from industry leaders, the meeting included educational breakout sessions on various topics, such as environmental permitting and drone utilization. The general session featured discussions…
Read MoreFirst Look – June 2024
TOP NEWS Summit MaterialsSummit Materials, Inc. announced results for the first quarter ended March 30. Net revenue increased $366.0 million, or 89.9% in the first quarter to $773.2 million, including the partial quarter impact of the Argos USA assets. In the quarter, $378.5 million of revenue was recognized from recent acquisitions which more than offset a decrease of $21.7 million…
Read MoreA Strong Start to Shipping Shows Resilience on the St. Lawrence Seaway
Early tonnage figures show a strong start for the 66th navigation season on the St. Lawrence Seaway demonstrating the resilience, predictability, and sustainability of the binational system. Early fleet positioning due to low winter ice coverage on the Great Lakes jump-started grain and potash traffic. Canadian and U.S. grain totals increased by 39,000 metric tonnes over the previous year, totaling…
Read MoreRock Products Talks With Montabert’s Scarfia, Langa
Rock Products recently caught up with Montabert General Manger Aaron Scarfia and Senior Buyer/Planner Chelsi Langa to talk AGG1, breakers and more. RP: How was the AGG1 experience for Montabert this year? Chelsi Langa: I thought it was pretty good. I think we had a good turnout and we had a lot of people who were interested in the demolition tools…
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