Federal lawsuit seeks class action against RB Global, Rouse Services and several large U.S. equipment rental companies for illegally fixing construction equipment rental prices.
Work is expected to include a variety of infrastructure projects related to the U.S. military's Pacific Deterrence Initiative, with a focus on China's military buildup.
Granite Construction has won a $70-million contract for seven miles of new border wall in Hidalgo County, Texas, while environmental rules will be waived to restart three projects near San Diego.
Chief Operating Officer Joe Creed will assume the lead role after CEO Jim Umpleby steps down May 1, with a somewhat rocky road ahead for the company amid softening sales expectations and tariff uncertainty.