President Obama has directed the U.S. Environmental Protection Agency and the U.S. Dept. of Transportation to create a first-ever national policy to increase fuel economy and likewise decrease greenhouse-gas emissions for medium- and heavy-duty trucks. Photo: Dawes Rigging & Crane Rental Inc. Fuel-economy regulations are coming for heavy construction trucks. This new directive, signed on May 21 and impacting model years 2014-2018, comes about a month after EPA and the National Highway Traffic Safety Administration (NHTSA) had finalized similar rules for passenger cars and light trucks that will be manufactured in 2012-2016. Large trucks consume more than 2 million barrels
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.