Rushing to beat a Dec. 4 deadline, House and Senate negotiators struck an agreement on a $305 billion highway bill that would extend federal transportation funding for five years.
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October Construction Spending Inches Up; Highways Higher
The U.S. Census Bureau of the Department of Commerce announced that construction spending during October 2015 was estimated at a seasonally adjusted annual rate of $1,107.4 billion, 1.0 percent (±1.8 percent) above the revised September estimate of $1,096.6 billion. The October figure is 13.0 percent (±2.5 percent) above the October 2014 estimate of $979.6 billion.
Read MoreMartin Marietta Acquires Control of Rock & Rail
On Oct. 9, Martin Marietta Materials Inc. filed a verified notice of exemption to acquire control of Rock & Rail Inc. (RRI), a Class III railroad. On Oct. 23, notice of the exemption was served and published in the Federal Register. The exemption became effective Nov. 8.
Read MoreGranite Construction Lands Two infrastructure Projects
Granite Construction Inc., which not only produces construction materials, but also serves as a full-service general contractor and construction-management firm, announced that it has landed two substantial infrastructure projects, one in Texas and one in Ohio.
Read MoreGraymont Proposes Lime Plant and Quarry Project In Canada
Graymont announced that, following extensive public and First Nations consultations, it has filed a British Columbia Environmental Assessment application for a proposed lime plant and quarry operation to be constructed near Giscome, British Columbia, Canada, in the regional district of Fraser-Fort George.
Read MoreCarmeuse ‘Stuffs the Truck’ in Ohio
The average winter temperature in northeast Ohio is well below freezing and tends to stay that way for weeks on end. For most people, that means we bump up the thermostat and put on an extra sweater. But for destitute and homeless men and women, 20 percent of whom are veterans, the freezing temperatures can mean frostbite, injuries and overall…
Read MoreIndustry Faces Increased Regulation in 2016
According to the National Stone, Sand and Gravel Association (NSSGA), stone producers can anticipate increased regulations from MSHA in 2016, if the agency’s recently released Fall Regulatory Agenda is any indication.
Read MoreAggregates Production Up 5 Percent in Third Quarter
According to preliminary numbers from the U.S. Geological Survey (USGS) – obtained in advance by Rock Products – an estimated 697 million metric tons (Mt) of total construction aggregates was produced and shipped for consumption in the United States in the third quarter of 2015, an increase of 5 percent compared with that of the third quarter of 2014.
Read MoreNew Construction Starts in October Climb 13 Percent
New construction starts in October advanced 13 percent to a seasonally adjusted annual rate of $591.1 billion, according to Dodge Data & Analytics. The increase follows the lackluster performance for construction starts during August and September, when activity fell to the lowest levels reported so far in 2015.
Read MoreBottlenecks Study Highlights Congested Highways
Chicago and Los Angeles have the worst highway bottlenecks in the country, according to a new report from the American Highway Users Alliance. The report, Unclogging America’s Arteries 2015, found that Chicago had the most congested stretch of highway measured in hours in traffic, and is followed closely by six different bottlenecks in Los Angeles.
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