The global construction market has taken a series of hits over the past couple of years.

One afternoon this May, a group of journalists and market analysts convened in London at the Royal Society headquarters in Carleton House to hear the CEO of Salini Impregilo unveil the Italian engineering and construction conglomerate’s strategy for the next four years.

More than 100 ships have passed smoothly through the Panama Canal's new $5.4-billion third lane; more turbulent is the ongoing dispute over nearly $3.5 billion in contractor claims.

In the latest development following an abandoned merger between two major global equipment makers, U.S.-based equipment maker Terex Corp. has received approval from antitrust regulators in the U.S. and the European Union to sell its material-handling and port solutions (MHPS) business unit to Finnish-based Konecranes.

AECOM announced Aug. 10 that it has made a commitment to reduce greenhouse gas emissions across its global operations by 20%, normalized by revenue, by 2020.

The unfolding U.S. government change, and economic and political turmoil elsewhere, did not curb spending on environmental work; will GDPs soon depend on water assets?