Tags: highway funding

Oldcastle, Vantacore pursue acquisitions

Aug 01, 2012

The aggregate, asphalt, and concrete sectors received good news in June with the passing of a new two-year federal transportation bill. Spending and investment have been on hold for the last few years due to the absence of certainty for ...

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The new surface transportation bill gives us a cast instead of a Band-Aid for funding

Jul 03, 2012

The new surface transportation bill gives us a cast instead of a Band-Aid for funding

A two-year bill isn't the answer to the need for a long-term transportation bill, but it's better than short-term extension after short-term extension. Now we have a cast instead of just a Band-Aid to fix the lack of funding. We were ...

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TIFIA transportation project loan program under fire

May 07, 2012

TIFIA transportation project loan program under fire

Congress will begin reconciling Senate and House highway reauthorization bills this week that contain significantly increased funding for a loan program that’s criticized as providing credit for too many public-private toll projects. On May 8, conferees from both chambers will have ...

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Data Mining November 2011

Nov 13, 2011

Data Mining November 2011

Company financials reflect disappointing market conditions The number of merger and acquisition transactions in North America was up 13 percent for the three quarters ending Sept. 30, 2011, while the total value of these transactions was up 28 percent from the ...

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Senate approves transportation extension: FAA and Highway Extensions Act

Sep 15, 2011

The U.S. Senate on Sept. 15 passed legislation to extend funding for the Federal Aviation Administration and the Federal Highway Administration (FHWA) for four and six months, respectively. The measure passed with a 92-6 vote. H.R. 2887, the FAA and Highway ...

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Congressman Shuster: Obama ‘offered little more than window dressing’ on transportation funding plans

Aug 31, 2011

Congressman Bill Shuster, chairman of the Subcommittee on Railroads Pipelines and Hazardous Materials, issued the following statement in response to the President’s remarks this morning regarding transportation and his request to address a Joint Session ...

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‘We need some form of populist movement for funding,’ say ARTBA and AASHTO

Feb 07, 2011

From Better Roads Editor-in-Chief John Latta at the National Asphalt Pavement Association (NAPA) annual meeting in Orlando We may not see people to pour into the streets, but we do need some form of populist movement if we are to squeeze ...

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Pa. Senator backs expiration for highway earmarks

Feb 02, 2011

Pennsylvania Sen. Bob Casey wants to put an expiration date on unspent highway "earmarks" through two bills he introduced in late January that would fix "orphan earmarks," USA Today reports. "Open earmarks" occur when money Congress sets aside for pet projects ...

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Chicago area procures $100 million in TIGER grants

Jul 27, 2010

The U.S. Department of Transportation and the Illinois Department of Transportation finalized a $100 grant agreement for the CREATE (Chicago Region Environmental and Transportation Efficiency) program to begin work on those projects to help reduce rail bottlenecks in the Chicago ...

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Obama says no new gas tax, use tolls

Jul 26, 2010

Instead of raising the gas tax, which has not been raised in at least a decade, President Barack Obama says highway funding needs to come from tolls. Transportation Secretary Ray LaHood said a combination of current-level gas tax receipts, road and ...

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Missouri approves 5-year highway construction program

Jul 13, 2010

Missouri's five-year highway construction program was approved July 1, 2010, by the Missouri Highways and Transportation Commission, but it's only one-third the size of the 2009 program. The Missouri Department of Transportation (MoDOT) says the funding is barely enough in funds ...

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Orange flags warn Congress of job losses ahead

Nov 11, 2009

Orange flags warn Congress of job losses ahead

WASHINGTON, D.C. – In the wake of last week’s dismal government unemployment data, two leading construction equipment industry trade groups are warning Congress that that the economy will shed more jobs in the coming months unless lawmakers swiftly enact a ...

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