Satyam Panday, chief U.S. and Canada economist, S&P Global Ratings, offered his latest Economic Data Highlights. He said: “The U.S. economy continues to remain on a solid footing. Consumer spending remains strong on the back of employment and wage gains. The fear of more-than-warranted labor market loosening receded with the September rebound in payroll growth and upward revisions to earlier…
Read MoreAuthor: Francesca Mills
MSHA Issues Haul Truck Roll Over Safety Alert
MSHA reported that on Oct. 9, a 60-ton haul truck was dumping a load of material when the dump point sloughed off, causing the haul truck to slide down and overturn, coming to rest upside down 15 ft. below. The driver was rescued from the truck through the side window of the cab with minor injuries. MSHA recommends the following…
Read MoreEagle Materials Reports Record Revenue
Eagle Materials Inc. shared financial results for the second quarter of fiscal 2025 ended Sept. 30, 2024, reporting record revenue of $623.6 million, and net earnings of $143.5 million. Revenue in the Heavy Materials sector, which includes Cement, Concrete and Aggregates, Joint Venture and intersegment Cement revenue, was $418.7 million, a 2% decrease. Heavy Materials operating earnings were down 9%…
Read MorePermitting Update: South Carolina
A public hearing by South Carolina Department of Environmental Services on a proposed rock quarry for southwestern Edgefield County was a quick affair the night of Aug. 8 — only one person spoke, in favor of the operation, while seven others who’d initially signed up to speak forfeited their time with murmurs of concurrence with the one speaker. Luck Stone…
Read MoreRail Carloads of Aggregates Down in July
U.S. railroads’ carload and intermodal volume rose 3.4% to 2,393,009 units last month compared to July 2023’s total, according to Association of American Railroads data. Total carloads declined 2.1% to 1,073,191, while the number of containers and trailers rose 8.4% to 1,319,818. Twelve of the 20 carload commodity categories that AAR tracks monthly posted gains, including grain, up 26.5%; chemicals,…
Read MoreDurex Products Offers Custom Accessories for Screening Equipment
Durex Products Inc. offers a number of accessories that provide long-term solutions for screening equipment. Customers can choose from standard options, or Durex can design and build a custom solution. Screen accessories made from steel, urethane, and rubber deliver outstanding efficiency and wear life in even the harshest conditions. They are lightweight and corrosion resistant. Durex’s full line of screen…
Read MoreConstruction Spending Up Slightly in October
According to the U.S. Census Bureau, construction spending during October 2023 was estimated at a seasonally adjusted annual rate of $2,027.1 billion, 0.6% (±1.0%) above the revised September estimate of $2,014.7 billion. The October figure is 10.7% (±1.6%) above the October 2022 estimate of $1,830.5 billion. During the first 10 months of this year, construction spending amounted to $1,646.0 billion,…
Read MoreInfrastructure Law Turns Two; Impact Felt Across America
States have committed federal funds to support more than 56,000 eligible transportation improvements in all 50 states during the last two years, spanning nearly every U.S. county, according to a review of the latest available federal data conducted by the American Road & Transportation Builders Association (ARTBA). President Joe Biden signed the Infrastructure Investment and Jobs Act (IIJA) into law November 15, 2021. To…
Read MoreCaterpillar Validates Rajant Wireless Solution With Cat Minestar Command
After extensive testing, Caterpillar Inc. has completed the in-house validation of Rajant BreadCrumbs, LX5 CA radios, which will enable field trials with this Rajant product and Cat MineStar Command for hauling. “This validation is a key step to provide additional options for our mining customers when deploying Command for hauling in their operation,” said Sean McGinnis, vice president and general…
Read MoreFIRST LOOK – July 2023
TOP NEWS GraniteGranite has received approval from the Utah Department of Air Quality (UDAQ) to begin the public comment period as part of Granite’s Parleys I-80 South Quarry small mine air permit application. During this rigorous application process, the application undergoes a comprehensive 30-day comment period, allowing the public to provide valuable input. U.S. Supreme Court The U.S. Supreme Court has…
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