Tags: Bloomberg

Transportation talks heat up in Senate

Jun 05, 2014

Transportation talks heat up in Senate

Highway funding is a hot topic in the Senate this week as the Appropriations Committee moves the Transportation, and Housing and Urban Development (THUD) bill to the full Senate floor, the Commerce Committee evaluates the House’s plan to use U.S. ...

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U.S. Postal Service could be the solution to the Highway Trust Fund dilemma

May 30, 2014

U.S. Postal Service could be the solution to the Highway Trust Fund dilemma

As the deadline to find a revenue source (or sources) for highway projects draws nearer, some lawmakers are looking for creative means of funding. The main source of funding, the Highway Trust Fund, is expected to run out of money in ...

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Vulcan attempting $1 billion more from Martin Marietta takeover bid?

Dec 14, 2011

Vulcan Materials Co. may be betting it can squeeze $1 billion more out of a takeover bid that's already the most expensive for a U.S. building material company, according to a Dec. 14 Bloomberg report. Martin Marietta Materials Inc.'s ...

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Bloomberg report: Construction spending rises for second straight month

Jun 02, 2011

Construction spending in the U.S. rose in April for a second straight month as home-improvement expenditures increased along with construction of schools and power plants, Bloomberg reports. The news agency says that the 0.4-percent gain followed a revised 0.1 percent ...

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Cat, Vulcan would benefit big from infrastructure proposal

Sep 08, 2010

Caterpillar Inc. and Vulcan Materials Co. are among the companies that may benefit the most from President Barack Obama's $50 billion infrastructure proposal to rebuild U.S. roads, railways and runways, according to a Bloomberg report. (For a detailed analysis of ...

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Construction spending down to $846.2 billion, lowest in 7 years

Apr 05, 2010

Construction spending in the U.S. fell in February to the lowest level in more than seven years, according to an April 1 Bloomberg report. The report noted that the 1.3 percent decrease to $846.2 billion, the lowest since November 2002, followed a revised 1.4 ...

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