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Home » Topics » Business

Business
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PhilaAirportRunway.jpg
Airport Infrastructure

FAA Delivers $636M to Airports for Runway Work, Other Upgrades

Tom Ichniowski
Tom Ichniowski
August 9, 2024
No Comments

Many of the grants from the FAA's Airport Improvement Program will go for runway and taxiway improvement work.


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Companies

Buyer of Services Giant Wood Group Pulls $2B Bid at Deal Crunch Time

Debra K. Rubin
Debra K. Rubin
August 8, 2024
No Comments

Dubai-based engineer Sidara exits deal at Aug. 9 deadline, citing "rising geopolitical risks and financial market uncertainty" but offering no details.


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Transportation

Skanska-led JV Wins $625M Rhode Island DOT Bridge Contract

James-Leggate.jpg
James Leggate
August 8, 2024
No Comments

The project known as I-95 15 will address deteriorating bridges along I-95 and State Route 10.


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Business Costs

Construction Insurance Premiums Continue to Climb in 2024

Richard Korman.jpeg
Richard Korman
August 8, 2024
No Comments

Auto liability and excess liability rose the most, according to insurance brokers.


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Bridge Infrastructure

FHWA Awards $26.5M in Bridge Planning Grants

Tom Ichniowski
Tom Ichniowski
August 7, 2024
No Comments

Aim of the grants is to build a "pipeline" of new bridge projects, FHWA Administrator Shailen Bhatt says.


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2024 Elections

Harris' VP Pick Walz Seen as 'Stalwart' Infrastructure Supporter

Tom Ichniowski
Tom Ichniowski
Pam_McFarland
Pam McFarland
Jeff Yoders
Jeff Yoders
Debra K. Rubin
Debra K. Rubin
August 6, 2024
One Comment

Strong endorsements come in for the Minnesota governor from organized labor and state AGC chapter, but Associated Builders and Contractors criticized Walz's record.


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Workforce.jpg

Contractors Kept Hiring in July, Adding 25K Jobs

Scott Judy
Scott Judy
August 2, 2024
No Comments

All construction sectors added jobs in July, led by specialty trade contractors, who boosted employment by nearly 19,000 positions.


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MonongahelaDam3Corps.jpg
Water Infrastructure

Senate Unanimously Clears Water Resources Development Act

Tom Ichniowski
Tom Ichniowski
August 2, 2024
No Comments

Senate bill approval sets up negotiations to reconcile differences with the House to develop final legislation.


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Infrastructure_Spending.jpg
Infrastructure Funding

Senate Spending Bills Win Praise From State DOTs and Industry

Tom Ichniowski
Tom Ichniowski
Pam_McFarland
Pam McFarland
August 1, 2024
No Comments

The DOT bill also proposes a "fix" for a long-standing highway funding issue.


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RutoBidenMeeting.jpg
Transportation

Deal With US Investment Firm Advances $3.6B Kenyan Road Project

Shem Oirere
July 31, 2024
No Comments

A recent agreement signed with Everstrong Capital will allow Kenya to revive a much-needed highway project linking Nairobi and Mombasa.


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