Further building out its investments in the operations space, Autodesk announced on Sept. 21 that it is entering into a partnership with iOFFICE + SpaceIQ, a provider of management software for capital planning and asset management for commercial buildings and properties.
When the COVID-19 pandemic first hit in early 2020, many fleet managers took a wait-and-see approach, hoping that the year’s construction season would not be lost entirely.
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.
Labor rates remain relatively steady despite pandemic upheavals, but analysts noted some short-term adjustments to compensation by construction employers in 2020 with ongoing labor shortages continuing to pressure wages.
Worries over price inflation and persistent labor shortages have cooled optimism among construction execs, but overall confidence in the market remains strong.
Following a period of strong recovery, construction activity has begun to cool, largely due to emerging COVID-19 variants, high materials prices, a worker shortage and other challenges.
Giant power provider's investment in grid clean energy and modernization now nears $17 billion through 2025, its CEO told investors on Sept. 29. Ralph Izzo supports Democrats' controversial Clean Electricity Performance Program, contained in the pending $3.5T reconciliation bill.
It was a long-standing dream—not only of Ersin Arıoğlu, but of a nation. Could a suspension bridge someday cross the Dardanelles Strait in Turkey and provide another link between Europe and Asia?
Overcoming potential delays ranging from steel fabrication and permits to wildfires and the global pandemic, the three-level facility was substantially complete just two years after construction began.