News - Articles - Page 814 | Engineering News-Record

C-Suite Changes for Fluor and Arcadis in Challenging Times

Justin Rice

Debra K. Rubin

March 15, 2017

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AECOM elevates Praylo to COO of construction services

Exxon Mobil Outlines $20 Billion in Projects Along Gulf Coast

Thomas F. Armistead

March 15, 2017

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Exxon Mobil will build or expand 11 projects along the U.S. Gulf Coast in a $20-billion, 10-year program, Darren Woods, Exxon Mobil Corp.’s chairman and CEO, told the annual CERAWeek energy conference in Houston earlier this month.

Airport Infrastructure Needs Pegged at Nearly $100 Billion

Tom Ichniowski

March 14, 2017

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Airports face an annual $10-billion shortfall to meet their rising infrastructure needs, which total $99.9 billion over the next five years, an airport group says in a new report.

CONEXPO 2017

After a Fair 2016, Volvo CE Looks to an Autonomous Future

Jim Parsons

March 13, 2017

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Volvo Construction Equipment reported improved profitability through 2016, but uneven sales growth among its key markets.

Companies

UK-Based Wood Group Would Buy AMEC FosterWheeler for $2.7B

Latest deal in ailing oil and gas sector is transformational for buyer, firm says.

March 13, 2017

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Latest deal in ailing oil and gas sector is transformational for buyer, firm says.

Construction Workforce

Construction Gains 58,000 Jobs in February

Jobless rate edges up from year-earlier level, but declines from January

Tom Ichniowski

March 10, 2017

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Specialty trade contractors lead jobs gains, adding 36,400.

Infrastructure

ASCE Rates U.S. Infrastructure at D+, Same as in 2013

Report estimates investment shortfall at nearly $2.1 trillion over 10 years

Tom Ichniowski

March 9, 2017

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Rail sector rates the best, with a grade of B; transit ranks at the bottom, with a D-minus.

Fluor COO Will Depart to Become CEO of Dutch Giant Arcadis

Contractor CEO David Seaton will take duties of Peter Oosterveer, a 28-year veteran.

Debra K. Rubin

March 9, 2017

No Comments

Dutch native Peter Oosterveer, a 28-year contractor veteran, will fill slot vacant since November.

Viewpoint

Precise Contract Language Is the Key to Avoiding Liquidated Damages

An owner’s termination for convenience does not preclude entitlement to liquidated damages

Audrey K. Kwak

March 8, 2017

One Comment

A contractor’s risk of being assessed liquidated damages for delayed performance looms large on any public or private contract.

London, Shanghai Drop in Latest Global Survey of Urban Construction Costs

March 8, 2017

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An annual survey, released on March 6 by consultant Arcadis, once again found New York City to be the world’s most expensive urban construction market, due to the availability and cost of real estate and site-access challenges.