infrastructure

Washington, D.C. - After months of tense negotiations, the House of Representatives passed a $1 trillion bipartisan infrastructure bill by a vote of 228 to 206, completing a key component of President Biden's domestic agenda and securing a political victory for Democrats. Significant investments in roads, bridges, railways, and broadband…

Los Angeles, California - Port Of Los Angeles may have received some good news today as CMA CGM has agreed to acquire Los Angeles terminal operator Fenix Marine Services, significantly expanding its footprint in the Los Angeles-Long Beach port complex. The carrier group already owns a 10% stake in the box facility and will acquire the remaining…

United States Of America - A BYLT:™ survey of asphalt plants located in Boston, Rhode Island, Connecticut and California reported that plants have a steady supply and prices ranged from $80-$98 per ton of HMA. Despite increases in raw materials and port bottlenecks on all coasts asphalt prices have remained steady for the end user contractor. …

United States Of America - Lumber prices on CME Futures board were down 4% today after being 70% higher then its August low. On Tuesday evening, US stock futures drifted lower following a lackluster session and as investors awaited key earnings and inflation data. Dow futures fell 60 points, while S&P 500 and Nasdaq 100 futures fell 0.22…

Montgomery, Alabama - Alabama has abandoned previous plans to privatize prisons, and Gov. Kay Ivey and lawmakers celebrated Friday afternoon as the governor signed legislation authorizing the state to spend $1.3 billion on two new 4,000-bed men's prisons. A smaller women's prison and upgrades to some existing prisons are planned for the future.…

New York, New York - As Broadway reopens and we forgot about covid for a while SNL brought us a much needed comic relief to our infrastructure bill woes and economic situation here in the U.S. With the recent never ending delays in passing bills a little humor is unavoidable. We thought we would bring the AEC community a much needed Sunday…

Washington, D.C., U.S.A - Infrastructure news spread that the bill advanced Saturday, a critical procedural hurdle in the Senate was cleared, clearing the way for final Senate consideration as well as a potential showdown with progressive Democrats in the House. The roughly $1 trillion bipartisan infrastructure bill now moves forward to the House.…

United States of America- So far this year, the Maine Department of Transportation has rejected bids on at least 15 projects because the contractors' bids were significantly higher than the department's budget. Maine DOT has canceled 17 percent of its paving projects for the year as inflation ate sustainability out of production to cost ratio.…

            St. Louis, Missouri- (VMC ) (U.S.: NYSE) Vulcan Materials is behind the sale of asphalt and construction material supplier Fred Weber Inc., after selling a great portion of its company assets to New Frontier Materials; an investment group composed within Vulcan Materials. (VMC ) (U.S.: NYSE) …

Colorado, United States Of America- The Asphalt shortage triggered in Colorado is shocking as we track causes, possibilities and risks. The limitations are so severe that even Colorado Asphalt Works, Inc., a renowned company established in Commerce City, is encouraging their employees to reschedule or cancel their shifts as a result of the…

The world’s first offshore green hydrogen facility is planning to hit France, and soon. With a proposed start-up date of 2022, the selected location of offshore Le Croisic on France’s Atlantic coast will be revamped with a new hydrogen production site. The independent energy expert and…

Boston, Mass- It is not an unknown fact that the construction industry houses high-paying jobs which don’t necessarily always require a high level of education. Most have a low entry barrier and offer superior training, providing individuals with the dignity that comes from satisfactory careers. What many turn a blind eye to however, is the racism…

Baltimore, Maryland- Monday afternoon on July 12th, construction union members, workers, and business leaders congregated in Baltimore to rally for acceptance of the proposed high-speed train between Baltimore to D.C. Speakers at the gathering urged political leaders to authorize the creation of the Northeast Maglev train which is anticipated…

New York, New York- Mayor, Bill de Blasio, recently announced a $8.3 billion budget to construct small, contemporary, humane jails in Manhattan, Brooklyn, Queens, and the Bronx in an effort to replace the jails located on Rikers Island. The construction projects stand as the first significant activity in the Borough-Based Jails Program. A…

On June 15, 2021, company partners The Lane Construction Corporation and Webuild Group, signed a $16 billion agreement for the construction of a high-speed railway operating from Dallas to Houston, TX. This project is deemed to be one of the largest infrastructure investments in the United States as well as the first high-speed railway service in…