Articles Tagged with ''supply chain''

The construction equipment sector is still working through supply chain issues that bedeviled it in 2021, while an active construction market ikeeps machines in use longer and constrains the flow of used iron into the normal secondary channels.

Growing from 50 to 500 employees in three years, the building materials delivery service announced a significant financing increase from its latest funding round amid the company's continued expansion.

The logistical snarls in the global supply chain that have disrupted so many other aspects of construction have put pressure on the equipment supply, which combines with the high level of demand to keep sales and resales brisk.

Despite recent forecasts by many economists who predict that 2022 will be a robust year for construction, underlying difficulties persist in the form of labor shortages, supply-chain disruptions and the uncertain effects of ongoing inflation. 

Plan includes target dates for advancing more than $4 billion in infrastructure grants.

Effort would allow TIFIA loans for groups of freight and port-related projects in the state.

In response to a January executive order from President Joe Biden, federal agencies have released plans to move climate change and resiliency front and center in their focus and decision-making processes moving forward. 

A record 62 cargo ships wait to dock at the ports of Los Angeles and Long Beach as of Sept. 27, stuck floating off the California coast amid a supply chain crunch impacting contractor bottom lines for more than a year.