Originally known as Bid2Win when it was founded in the 1990s, B2W has grown from an estimation and field tracking tool to a cloud platform for heavy civil contractors that includes equipment maintenance and management, scheduling and electronic forms to its list of tools.
After years of historically high salary increases for construction staff, many employers appear to have hit the ceiling for the compensation bumps they can offer.
With an extended period of construction activity and no imminent signs of recession, prices for used construction equipment at resale and auction have found their level, with fewer of the fluctuations that marked recent years.
Not since the “United States Steel Hour” during the golden age of television has the Pittsburgh-based steelmaker had such drama like the firm’s current public relations fight with former bidder Cleveland-Cliffs over its proposed acquisition by Japan’s Nippon Steel Corporation.
Public work continues to spur growth in the construction industry in the second quarter as contractors wait for interest rates to decline in the second half of the year.