News - Articles - Page 620 | Engineering News-Record

CONEXPO 2017

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

March 13, 2017

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

No Comments

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

No Comments

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

No Comments

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.

New Kink in Florida Nuclear Plant Expansion

Mary B. Powers

March 8, 2017

No Comments

Florida Power & Light is now weighing a new course of action after the state Supreme Court ordered added environmental compliance.

Consultant STV Snags New York MTA Chief Prendergast

March 8, 2017

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Thomas F. Prendergast, who stepped down on Jan. 30 as chairman and CEO of New York City’s Metropolitan Transportation Authority (MTA), has joined consulting firm STV.

Rapid Construction of Southeast Natural Gas Pipeline Nears Conclusion

Mike Bernos

March 8, 2017

No Comments

Sabal Trail Transmission LLC officials say construction of the company’s $3.2-billion natural-gas pipeline, approved in February 2016, is now 88% complete.