Posts Tagged 'Transportation'

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U.S. Transportation Market Set to End 2017 on High Note

Airports and ports should continue to experience strong activity through the end of 2017, with increased traffic driving related construction spending on upgrades and expansions. Toll roads will see a more modest boost in revenue due to toll increases and will continue to face resistance from anti-toll groups. 

Trump Administration Lays Foundation for Infrastructure Plan

This is an exciting time for construction industry stakeholders, as America’s infrastructure may see its first major overhaul in decades. President Trump’s agenda requires bold bipartisan action from the federal government to reduce regulatory burdens and provide pathways for private sector engagement and investment. The construction industry has a tremendous opportunity to author transformative policies that break the inadequate status quo. 

Data and Technology Will Fuel the Megacities of the Future

In connected 2050 cities, all kinds of infrastructure—energy, water, transportation, buildings and governance—will “talk” to each other to prioritize needs, optimize performance, minimize energy use, and make life more enjoyable and productive for the people who live in and travel between cities.

P3s: Where We’ve Been and Where We’re Going

With government officials’ increasing understanding of the P3 structure, the narrowing difference in financing cost thanks to federal programs, and a focus on life cycle costs and risk transfer, governments across the country are beginning to look to P3s as a way to deliver on promises of infrastructure investment. Many governments are in the process of evaluating public-private partnerships in meaningful ways, conducting rigorous analyses to determine whether a P3 is the prudent way to procure a project. 

Capitalize on the Most Valuable Data from Fleet Telematics

Whether operating dump trucks or pickup trucks, most companies with a fleet of more than 25 vehicles have at least entertained the idea of installing telematics devices to help reduce operational costs and improve safety. However, many companies are not realizing the potential risk-reduction benefit because they are not focused on the appropriate measures to improve driver behaviors, especially hard braking.

Emerging Drone Applications in Heavy/Highway Construction

From bid preparation through project development, completion and maintenance, drones offer ways to speed results and reduce costs on heavy/highway construction projects.

Optimism Rises for Near-Term Infrastructure Spending

Stepping away from campaign promises and political conjecture, 2017 should be a decent year for the transportation
construction market, with the best years for spending growth still ahead. 

Surety Industry Advocates for Inclusion of Bonds on Federal and State P3s

Even though procurement methods have evolved—including the use of P3s—construction remains a risky business, making the protections that surety bonds provide for taxpayers’ investments and the payment guarantees for subcontractors and suppliers just as relevant and important in P3s. 

The Need Is Obvious; The Political Will Is Not

P3s are the only conceivable financial solution to America’s infrastructure deficits.  

A Heavy Lift

Strategic planning is the name of the game for port authorities. Across the United States, long-range investments are earmarked for new or expanded terminals, berths, piers, storage buildings and cranes; plus dredging, facility rehabilitations, security upgrades, and related transit infrastructure and warehouses. 

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