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THUD bill heads to full Senate for final vote; Senate committees talk highway funding

Amanda Bayhi - Jun 05, 2014

THUD bill heads to full Senate for final vote; Senate committees talk highway funding

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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Lawmakers consider U.S. Postal Service as highway funding source

Amanda Bayhi - May 29, 2014

Lawmakers consider U.S. Postal Service as highway funding source

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

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

Tina Grady Barbaccia - 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

Tina Grady Barbaccia - 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 reap most benefits from infrastructure proposal

Tina Grady Barbaccia - 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

Tina Grady Barbaccia - 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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