Cat’s Q1 report increases its 2010 sales, profit outlook

Tina Grady Barbaccia - Apr 26, 2010

Caterpillar Inc. today reported a first-quarter profit of $0.36 per share, up $0.55 per share from a loss of $0.19 per share in the first quarter of 2009. Excluding a tax charge of $90 million related to the recently signed ...

FHWA releases FY 2010 Highway Trust Fund balance status, balance charts

Tina Grady Barbaccia - Apr 22, 2010

The Federal Highway Administration (FHWA) has released the most current statistics for the Status of the Highway Trust Fund - Fiscal Year 2010 and the Highway Account Balance. Click on the hotlinks above for a PDF of each chart. To go to ...

$48.8 billion in highway funds available for states through HIRE Act

Tina Grady Barbaccia - Apr 21, 2010

U.S. Transportation Secretary Ray LaHood today announced that $48.8 billion in highway funds is now available to state departments of transportation for federal projects through the Hiring Incentives to Restore Employment (HIRE) Act. “With spring and summer highway construction seasons just ...

Illinois governor unveils six-year, $12.84 billion road plan

Tina Grady Barbaccia - Apr 16, 2010

The Illinois Department of Transportation (IDOT) officials and Illinois Gov. Pat Quinn yesterday unveiled a $12.84 billion Multi-Year Highway Improvement Program for Fiscal Years 2011-2016. The proposed program includes a $30.8 million bridge rehabilitation and interchange reconstruction project at I-55 ...

California Transportation Commission allocates $357 million after state bond sale

Tina Grady Barbaccia - Apr 08, 2010

Freeway and rail projects throughout Orange County, California, received a financial boost Wednesday when the California Transportation Commission allocated more than $357 million to fund construction. The commission allocated the money as a result of state bond sales last month. The ...

Granite to announce Q1 2010 results on May 3

Tina Grady Barbaccia - Apr 05, 2010

Granite Construction Inc. announced today that it will release its first quarter 2010 financial results after the close of business on Monday, May 3, 2010. The company will host a conference call on Tuesday, May 4, 2010 at 8 a.m. PT/11 a.m. ...

Unemployment rates up from January to February in 27 states, down in seven states

Tina Grady Barbaccia - Mar 30, 2010

Seasonally adjusted unemployment rates increased from January to February in 27 states, decreased in seven states and the District of Columbia, and remained unchanged in 16 states, the Bureau of Labor Statistics (BLS) reported on March 26, according to the ...

Harsh Conditions in cement industry will persist through 2010

Tina Grady Barbaccia - Dec 18, 2009

Although recent economic news and activity may suggest a technical end to the “Great Recession,” the conditions facing the construction industry are likely to remain weak for another year or more, causing a drag on cement consumption, according to the ...

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