MDU Resources Group Inc. reported 12 percent higher first-quarter earnings from continuing operations of $35.5 million, or 18 cents per share, compared to first quarter 2016 earnings from continuing operations of $31.6 million, or 16 cents per share.
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Martin Marietta Off to Strong Start in 2017
Martin Marietta Materials Inc. reported strong results for the first-quarter ended March 31, 2017. The company achieved record consolidated net sales of $791.7 million, an increase of 7.9 percent compared with $734.0 million in the prior-year’s first quarter.
Read MoreTrump Would Consider Gas Tax Hike
May 1, 2017 – President Donald Trump said he’s willing to raise the U.S. gas tax to fund infrastructure development and called the tax-overhaul plan he released last week the beginning of negotiations. “It’s something that I would certainly consider,” Trump said in an interview with Bloomberg News in the Oval Office, noting that the idea is supported by truckers.…
Read MoreKansas Transportation Repairs Hampered as Governor Raids Funds
Roads and bridges that are deteriorated, congested or lack some desirable safety features cost Kansas motorists a total of $2.7 billion statewide annually – as much as $1,600 in some urban areas – due to higher vehicle operating costs, traffic crashes and congestion-related delays.
Read MoreHouse Subcommittee Examines FAST Act Implementation
A Subcommittee on Highways and Transit hearing examined the implementation of the Fixing America’s Surface Transportation (FAST) Act, with an emphasis on the perspectives of states and local entities and their experiences in carrying out policies set forth in the law.
Read MoreConstruction Spending Rises; Highways Tick Higher
Construction spending increased from January to February and from a year ago, as private residential and public construction grew for the month and private-sector demand increased for the year, according to an analysis by the Associated General Contractors of America. Association officials said the February data indicates the need for Congress and the Trump administration to work together to reform…
Read MoreOhio Aggregates Producers Hold Legislative Reception
Every Ohio resident requires about 11 tons of aggregates each year. That makes for a booming stone, sand and gravel industry in the Buckeye State. Ohio aggregates and industrial materials producers took that message to lawmakers in the state house in Columbus, Ohio, for the Ohio Aggregates & Industrial Minerals Association (OAIMA)’s annual Legislative Reception. For 19 years, the reception…
Read MoreMichigan Roads and Bridges Need Huge Investment
Increased transportation funding provided by Michigan’s legislature in 2015 will allow the state to move forward with numerous projects to repair and improve portions of its transportation system; however, the funding is not sufficient to prevent further deterioration of the state’s roads and bridges or to move forward with $3.3 billion in needed projects, according to a new report released…
Read MoreReport: Infrastructure Investment Would Benefit Kansas Economy
A new report finds that an annual $264 million increase in state highway and bridge infrastructure investment would support nearly $600 million in economic activity throughout all sectors of the Kansas economy. The additional demand, in turn, would also support or create 5,000 jobs – with more than half being in sectors outside of the construction industry.
Read MoreLouisiana Roads Feature $6.5 Billion of Deterioration, Congestion
Roads and bridges that are deteriorated, congested or lack some desirable safety features cost Louisiana motorists a total of $6.5 billion statewide annually – as much as $2,466 per driver in some urban areas – due to higher vehicle operating costs, traffic crashes and congestion-related delays. Increased investment in transportation improvements at the local, state and federal levels could relieve…
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