business Archives - Infrastructure Digest

ATA Leaders Express Disappointment in President’s Infrastructure Message

“Just mentioning infrastructure is not a solution to our nation’s critical needs, and by simply bringing the topic up without details President Obama missed an opportunity to underscore the critical role our highway system plays in our economic well being,” said ATA President and CEO Bill Graves. “Now is the time, with the Highway Trust Fund set to go bankrupt in May, to show vision and leadership and most importantly, find funding, to keep that from happening. The trucking industry calls on the President and Congress to end this unnecessary uncertainty by funding our nation’s infrastructure and passing a new highway bill.”

Why should you read this? The SOTU is a good gauge of sentiment; is it anything more? PRN, January 2014

Contractors Get Reprieve At the Pump

As the price of crude oil bottoms out at its lowest market value in more than four years, the bottom-line fuel costs of many construction-fleet managers are lighter. But equipment managers are taking this market depreciation with a grain of salt, knowing from experience that the price will bounce back sooner rather than later.

“It’s very nice to have the dip right now,” says Arne Ruud, corporate equipment manager for Broomfield, Colo.-based Guy F. Atkinson Construction LLC. “But there’s no assurance it’s going to go on for any length of time.”

Why should you read this? News you can use. ENR, January 2015

POB Market Study: Who Is Spending What, Where and Why?

“To provide detailed information on expected spending in the next year on equipment and software, BNP Media’s market research division worked with the staff of POB magazine to conduct a market study this fall. And just who did we ask? The majority of our 2014 study respondents — 54 percent — work directly in surveying/geomatics. Another 25 percent are in corporate/executive management, while 10 percent are in general management. On the whole, a whopping 75 percent of our study respondents have been in the business for more than 20 years.”

Why should you read this? Why did Willie Sutton rob banks? “Because that’s where the money is.” Those working directly in surveying and related industries will want to know where and how money is being spent on surveying this year. POB, December 2014

Contractors Fuel Savings With Biodiesel

“Biodiesel is quickly becoming more than a fad as contractors discover the benefits and develop experience with this alternative fuel source. Snohomish, Washington-based Earthwise Excavation has been an innovator in the use of biodiesel. This commercial and residential excavation company has been powering its entire fleet — including excavators, mini-excavators, skid-steer loaders, a dozer, a dump truck and a lowboy truck — with biodiesel since the 1990s.”

Why should you read this? Maybe you buy a lot of diesel? FCP, September 2012

Nonresidential Construction Spending Unchanged in June

“Analysis: “Nonresidential construction spending in June was roughly in accordance with expectations,” said Associated Builders and Contractors (ABC) Chief Economist Anirban Basu. “The volume of spending was virtually unchanged for the month, reflecting an economy that is growing slowly, but with an insufficient level of confidence to produce significant numbers of new construction starts.

“However, this does not suggest that the latest reports regarding construction spending were negative,” Basu said. “Nine of sixteen subsectors registered growth for the month, including highly cyclical segments like lodging and manufacturing.

“There is little reason to believe that construction spending will either substantially accelerate or decelerate in the near term,” said Basu. “Most economists expect the U.S. economy will continue to expand at roughly 2 percent, which was approximately the pace of growth registered last year and during the first half of this year.

“However, as the nation approaches the so-called fiscal cliff, when a number of tax increases and spending cuts take effect, there may be a meaningful pullback in activity during the final months of the year,” Basu said. “Many analysts expect Congress to act, but election year dynamics render many possible scenarios.” 

Construction spending forecast with analysis from infrastructure POV. The American Surveyor, August 1st, 2012

Foundations Built On Relationships

“I get to talk to my brother every day, and see my father and mother every day. We can brainstorm and work out problems together. Because we have so many family members working in management, it gives us a staff we can totally trust is looking out for the benefit of the company,” Vice President Ryan Ekedal says.” Profile of an award-winning concrete firm. FCP, June 25, 2012

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