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Industry Groups Urge Budget Committees to Take Actions to Help Stabilize Trust Fund

April 24, 2017 - in Financial, News

A coalition of 34 national business, labor and transportation industry groups – including the American Association of State Highway and Transportation Officials – called on congressional budget writers to take steps to fix the Highway Trust Fund as they…

USDOT Awards $9 Million for Tribal Road Improvements

April 17, 2017 - in Financial, News

Seventy-four tribes were part of a $9 million award this week that will support 77 road safety projects in 22 states. The funds, which come from the…

ITD Saves Taxpayers Millions Through Innovation

April 14, 2017 - in Financial, News

RIGBY - Making the job easier, safer and faster – that’s the focus of a highly successful innovation program at the Idaho Transportation Department…

California Legislature OKs $52 Billion Road Bill

April 10, 2017 - in Financial

SACRAMENTO — California drivers will pay more to drive in the state under a bill the Legislature passed Thursday to raise $52 billion from new taxes and fees to repair roads and bridges. That bill, SB1, will be sent to Gov. Jerry Brown, who has said he will…

Major Economic & Job Creation Boost Expected from Kansas Highway & Bridge Infrastructure Increase, New Analysis Finds

March 23, 2017 - in Financial, News

(WASHINGTON)—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,…

Stantec Ends 2016 with 49.5% Increase in Gross Revenue and Announces 11% Dividend Increase

February 28, 2017 - in Financial, News

Stantec closed fiscal year 2016 with a 49.5% increase in gross revenue when compared to the end of 2015, primarily due to contributions from five strategic acquisitions completed in the year. The Company also achieved a 9.8% increase in EBITDA and a 15.5%…

Texas Transportation Commission Discusses 10-Year, $70 Billion Project Plan to Improve Transportation in State

February 27, 2017 - in Financial, News

AUSTIN – The Texas Transportation Commission today heard presentations from the Texas Department of Transportation regarding the agency’s Unified Transportation Program (UTP) – the 10-year project funding plan aimed at enhancing safety, reducing congestion,…

Mortenson Sees Chicago Construction Cost Increasing 4% in 2017

February 20, 2017 - in Financial, News

After strong growth of 4.3% in 2016, Chicago non-residential construction costs are poised to climb another 4% in 2017, according to the Mortenson Construction Cost Index. This expected jump puts Chicago near the top of the six major markets that Mortenson…

Great Lakes Dredge & Dock Corporation Schedules Announcement of 2016 Fourth Quarter Results

February 16, 2017 - in Financial, News

OAK BROOK, Ill -- Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) today announced that it will release its financial results for its three and twelve months ended December 31, 2016 on Wednesday, February 22, 2017 at 7:00 a.m. C.S.T. A conference call…

BTS Releases Transportation Statistics Annual Report 2016

February 6, 2017 - in Financial, News, Transportation

U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) today released the Transportation Statistics Annual Report 2016 (TSAR). The 21st edition of this congressionally-mandated report presents key transportation indicators along with…