Infrastructure: Page 32
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Column
The Dotted Line: Change orders often spark conflict, but they don’t have to
While disputes between contractors and design teams are growing, planning and communication can mitigate this friction, legal experts say.
By Julie Strupp • Nov. 28, 2023 -
Empire Wind offshore project near NY receives approval
The U.S. offshore wind industry remains financially troubled, but industry groups are hopeful about recent moves forward for major projects.
By Diana DiGangi • Nov. 28, 2023 -
Explore the Trendline➔
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TrendlineTop 5 stories from Construction Dive
Construction Dive editors curate some of the industry’s top stories from this year.
By Construction Dive staff -
Profits fall for many public firms, partly due to inflation
Amid soaring costs, several construction industry giants reported lower gains in recent earnings reports.
By Construction Dive Staff • Nov. 28, 2023 -
$176B plan unveiled to rebuild Northeast rail corridor
Amtrak, states, regional commuter railroads and the DOT laid out an ambitious 15-year plan to ready the Northeast Corridor for future growth.
By Dan Zukowski • Nov. 27, 2023 -
Economic Reports
Construction starts drop 7%, marking second consecutive loss
Despite three megaprojects kicking off, high interest rates and tight credit restrained activity last month.
By Sebastian Obando • Nov. 22, 2023 -
Jacobs profits drop amid higher backlog, strategy shift
The firm will combine its government services business with Amentum, a global engineering and technology solutions provider.
By Sebastian Obando • Nov. 21, 2023 -
$16B Gateway Program construction finally underway
The critical Northeast Corridor rail project between New Jersey and New York is back on track and brings a host of opportunities for contractors.
By Jen A. Miller • Nov. 21, 2023 -
EE Cruz wins $251M Hudson River resiliency project
The undertaking is the firm’s second major flood mitigation job — it also worked on the $631 million North and West Battery Park City project.
By Sebastian Obando • Nov. 21, 2023 -
Regional Report
Civil work, sustainability lead Seattle construction market
As infrastructure and public works projects bolster the Emerald City, private construction has weakened.
By Matthew Thibault • Nov. 20, 2023 -
I-10 freeway reopens in Los Angeles
The initial weekslong timeline was shortened to just eight days after around-the-clock debris removal and column shoring went faster than expected.
By Joe Bousquin • Nov. 20, 2023 -
LA’s I-10 to reopen Tuesday, Newsom says
The California governor credited around-the-clock work and better-than-expected core sample results for the expedited timeline.
By Joe Bousquin • Nov. 17, 2023 -
Infrastructure act
2 years in, infrastructure law has funded 40,000 projects
The White House said construction employment has also risen as a result of the influx in federal money.
By Julie Strupp • Nov. 16, 2023 -
McCarthy completes $92M Texas port project
The St. Louis builder finished Port Houston’s Bayport Wharf 6 in 26 months on an accelerated timeline.
By Matthew Thibault • Nov. 15, 2023 -
AECOM’s profits plunge on higher revenue, backlog
CEO Troy Rudd said the strong U.S. dollar, which erodes the value of international contracts paid with foreign currency, impacted results.
By Julie Strupp • Nov. 15, 2023 -
Economic Reports
Backlog drops to lowest level since Q1 2022
“Many smaller contractors are feeling the sting of weaker economic fundamentals in struggling commercial real estate segments,” said Anirban Basu, ABC chief economist.
By Sebastian Obando • Nov. 14, 2023 -
Biden announces $6B for climate resilience as report warns of ‘insufficient’ adaptation
The funding is for projects that reduce flood risk, strengthen the electric grid and address communities’ environmental justice needs.
By Ysabelle Kempe • Nov. 14, 2023 -
Retrieved from Raysonho.
Executive MovesWSP’s US CEO to retire
The Montreal-based firm has initiated a search to replace Lou Cornell, a construction industry veteran who has also worked at Jacobs and AECOM.
By Jennifer Goodman • Nov. 14, 2023 -
Deep Dive
US manufacturing boom unlocks ‘once-in-a-lifetime’ opportunity for contractors
Here are ways construction firms can cash in on the country’s $500 billion onshoring surge and the ancillary projects it is spurring.
By Sebastian Obando • Nov. 14, 2023 -
LA’s I-10 to reopen in 3 to 5 weeks, no demo required
After emphasizing that demolition was still an option late Monday, California Gov. Gavin Newsom said Tuesday new core samples indicated “surgical repairs” would suffice.
By Joe Bousquin • Nov. 14, 2023 -
Infrastructure progress may depend on 2024 election: White House
Public investment and civil projects can fall victim to the short-term political cycles of democracies, according to a new report.
By Julie Strupp • Nov. 13, 2023 -
Tutor Perini’s loss widens on continued legal disputes
The Los Angeles-based heavy civil contractor said it is working to resolve most of its outstanding litigation by the end of 2024.
By Joe Bousquin • Nov. 13, 2023 -
Sponsored by American Global
Insurance market update: Property coverage in South Florida
While many are quick to blame the macro trend of inflation for property insurance increases, there are actual events with consequences inherent to the Florida market, that should be credited for the recent developments.
By Max Lehman, Associate Broker American Global • Nov. 13, 2023 -
$532M Leavenworth Penitentiary replacement breaks ground
Clark Construction is building the facilities that will update the 126-year-old federal prison in Kansas.
By Julie Strupp • Nov. 10, 2023 -
WSP’s profit, revenue, backlog up in Q3
The Montreal-based firm sees a positive outlook for its green transition work and reaffirmed the guidance that it raised last quarter.
By Julie Strupp • Nov. 9, 2023 -
$3B in construction projects fuel downtown Detroit’s growth
Large developments, including Newlab at Michigan Central and the renovation of the Book Building skyscraper, were recently completed in the Motor City.
By Matthew Thibault • Nov. 7, 2023