Photo by Tudor Van Hampton Ford's EcoBoost light-duty pickup gets 22 mpg on the highway today. Increased fuel efficiency will come with a shortfall of highway construction work if tax revenues aren't bolstered. President Obama's proposal to boost automakers' Corporate Average Fuel Economy to 54.5 miles per gallon by 2025 will take a significant bite out of fuel-tax receipts flowing into the Highway Trust Fund, say road builders, who are pushing for a funding revamp.The most recent CAFE standard, proposed July 29 for all light-duty vehicles, would cut $65 billion out of federal funding for state and local highway, bridge
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.