Companies Energy Giants McDermott, CB&I Agree To $6-Billion Stock Swap Merger Debra K. Rubin December 20, 2017 No Comments Firms see $250 million in cost synergies, but their shares drop as market is cautious on the deal.Read More
Safety and Health Construction Jobsite Deaths Climb, Fatality Rate Holds Steady Tom Ichniowski December 19, 2017 No Comments Fatalities in private-sector construction were up 5%, to 991, last year, highest level since at least 2008.Read More
Railroad Accidents Probe Starts of Fatal Amtrak Derailment Near Seattle Greg Aragon December 19, 2017 2 Comments Positive train control was not yet installed on the rail line.Read More
Risk Management Litigation Funders See Big Future in US Construction An opportunity to grow in an industry already busy with claims and legal conflict Scott Van Voorhis December 12, 2017 No Comments Should the costs of third-party lawsuit funding be recoverable, too?Read More
Federal Spending Averting Shutdown, Congress Approves New Stopgap Through Dec. 22 Tom Ichniowski December 9, 2017 No Comments Two-week extension gives lawmakers more time to negotiate overall fiscal 2018 spending levels.Read More
Skanska Names Veteran Anders Danielsson Global CEO Debra K. Rubin December 8, 2017 No Comments Exec has been stabilizing U.S. operations since late spring; firm halts work on iconic Ground Zero project amid non-payment issues.Read More
Workforce Construction Gains 24,000 Jobs in November; Jobless Rates Mixed Tom Ichniowski December 8, 2017 No Comments Specialty-trade contractors gain 22,600 jobs, but heavy-civil sector sheds 7,800.Read More
International Trade US-Canada Lumber Trade Fight Intensifies after Panel's Ruling Tom Ichniowski December 7, 2017 No Comments Canada already is working on challenges to the U.S. tariffs under NAFTA and the WTO.Read More
Viewpoint Megaprojects in Distress: Rethinking the Theory Robert Prieto December 7, 2017 3 Comments The status quo of megaprojects these days is not good, with as many as two-thirds significantly disappointing on budget and schedule.Read More
Power Plant Construction State Analysts Blast Georgia Nuclear Project's Costs as Unreasonable The public service commission staff criticizes utility's plan to pay to finish Plant Vogtle Scott Judy December 4, 2017 No Comments PSC staffers pushed back on Georgia Power's request to have all future costs deemed "reasonable."Read More