Mortenson Sees Chicago Construction Cost Increasing 4% in 2017
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 measures, with only Seattle likely to edge the Windy City with a 4% to 4.5% estimated increase this year. ‘We’re expecting a strong construction year in Chicago in 2017, although price increases may moderate a bit from 2016,” said Dennis Mc...
Great Lakes Dredge & Dock Corporation Schedules Announcement of 2016 Fourth Quarter Results
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 with the Company will be held the same day at 9:00 a.m. C.S.T. The call in number is (877) 377-7553 and Conference ID is 70966075. The conference call will be available by replay until Thursday, February 23, 2017 by calling (855) 859-2056 and pr...
BTS Releases Transportation Statistics Annual Report 2016
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 an overview of the transportation system. It also includes data and statistics on passenger travel, freight movement, transportation and the economy, system reliability, safety, energy use and environmental impacts. In addition, the report foc...
Florida Governor's Budget Invests More Than $10 Billion in State's Transportation and Infrastructure
TALLAHASSEE – Governor Rick Scott today announced that the Florida Department of Transportation (FDOT) will receive $10.8 billion in the recommended FY 2017-2018 “Fighting for Florida’s Future” Budget to make strategic transportation investments statewide and keep Florida’s world-class transportation and infrastructure system as the nation’s best. Governor Scott said, “As the third largest state in the nation with the fourth fastest growing population, we must make sure our state is prepared to...
$1.1 Million Available to Intercity Bus Transportation Providers Through March 2
BOISE - Intercity bus transportation providers have the opportunity to apply for a share of over $1.1 million through the Idaho Transportation Department’s Public Transportation Office. The deadline for applications is March 2. Intercity services support the connection between non-urbanized areas and the larger regional or national system of intercity bus service, and the intercity travel needs of residents in non-urbanized areas. Eligible projects are operations for regularly scheduled bu...
FTA Announces $5 Million Funding Opportunity to Improve Transit Options for Tribal Residents
Public Transportation on Indian Reservations Program; Tribal Transit Program FY 2017 Date Posted: 1/19/2017 Date Closed: 3/20/2017 Opportunity ID: FTA-2017-002-TPM Grant Program: Public Transportation on Indian Reservations Program; Tribal Transit Program Opportunity Announcement TXT: Opportunity Announcement TXT Opportunity Announcement PDF: Opportunity Announcement PDF...
AECOM to Announce Fiscal Year 2017 First Quarter Results on Feb. 7
LOS ANGELES (Jan. 17, 2017) — AECOM (NYSE:ACM), a premier, fully integrated global infrastructure firm, will hold a conference call with analysts and investors on February 7, 2017 to discuss fiscal first quarter 2017 financial results. The company will conduct a live webcast of its conference call at noon Eastern Time, during which management will make a brief presentation focusing on the company’s results, strategies and operating trends. The live webcast and a replay will be available on...
FTA Funding to Help Chicago Rebuild for the 21st Century
At the Federal Transit Administration (FTA), our mission often involves bringing brand-new trains, buses, and infrastructure to communities looking to create a new transit system or expand a current one. However, a growing issue nationwide is a backlog of important repair and reconstruction work to revamp older public transportation systems expand capacity and accommodate growing ridership. That’s the thinking behind the Core Capacity program, which was added to FTA’s portfolio of Capital Inv...
Great Lakes Executes $250 Million Revolving Credit Facility
OAK BROOK, Ill.- Great Lakes Dredge & Dock Corporation (“Great Lakes”) (NASDAQ:GLDD), the largest provider of dredging services in the United States and a major provider of environmental and remediation services, announced today it has closed on a $250 million three year revolving credit facility. PNC Bank, National Association (PNC) acted as Administrative Agent and Issuing Lender. The bank group consists of PNC, The PrivateBank and Trust Company, Suntrust Robinson Humphrey, Inc., Capital One...
Transportation Economic Trends Report Released
Tuesday - The U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) has released Transportation Economic Trends, BTS’s first stand-alone volume on transportation and the economy. The 94-page report uses a variety of data series to highlight relevant trends and explain related measurement concepts. The topics covered in the report are the Transportation Services Index, a monthly summary of freight and passenger movement; what transportation contributes to the American econ...
Video: New Roundabout Under Construction at McIver and Old Florence Roads in Darlington County
Promenade at The Point
June Issue 2026
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