As oil-and-gas markets struggle to recover, publicly owned construction industry firms with ties to the sector tried to paint the best possible outlook for investors at a June 2 conference, held in New York City by investment firm Credit Suisse.
General contractors participating in ENR California’s annual survey show no signs of slowing down. Cumulatively, the 89 participating firms tabulated more than $32.7 billion in revenue during 2015, an increase of almost 20% over 2014.
The looming influence of connected and autonomous vehicles on transportation infrastructure was the topic of an Infrastructure Week discussion on Capitol Hill, sponsored by AASHTO and the Eno Center for Transportation.
Infrastructure boosters rallied for their cause earlier this month at a series of gatherings in Washington, D.C. and other U.S. locations to find ways to shrink the estimated $1.4-trillion funding gap to upgrade aging highways, bridges, water systems and other public works.
Canada may turn to investors to help finance an ambitious $92-billion-plus infrastructure plan aimed at boosting its lagging energy-sector-based economy.
Last year at this time, ENR Transportation Editor Aileen Cho was heading out on the “Low & Slow Across America’s Infrastructure” tour, exploring the nation’s aging roads and highways in a 1949 Hudson Commodore.