Transportation groups are cheering a Senate proposal to target aid for multimodal infrastructure to move goods. The Focusing Resources, Economic Investment and Guidance to Help Transportation Act, introduced on July 22 by Sen. Frank Lautenberg (D-N.J.), would direct the Dept. of Transportation to develop and implement a long-term strategic plan for freight and create a freight planning and development office at DOT.
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.