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?