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Aging Infrastructure of US Transportation Systems Could Cause a Construction Boom

Construction Business Owner

Aging Infrastructure of US Transportation Systems Could Cause a Construction Boom ccapoccia Wed, 06/19/2024 - 14:25 The construction industry has faced many hurdles, including an ongoing labor shortage, rising cost of materials, supply chain disruptions and evolving technology that has made it difficult for contractors to keep up.

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DOT awards $1.8B in transportation infrastructure grants

Construction Dive

Nearly 150 road, rail, transit and port projects will receive discretionary grant funds from the Rebuilding American Infrastructure with Sustainability and Equity, or RAISE, program.

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WSP names Shawn Wilson as transportation, infrastructure lead

Construction Dive

Wilson, who previously served as secretary of the Louisiana Department of Transportation and Development, will help the firm find growth opportunities.

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State transportation projects need better oversight: DOT audit

Construction Dive

Delays could increase the risk of infrastructure act funding not achieving its intended benefits, cautions the Transportation Department’s Office of Inspector General.

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Report calls for private funding for transport infrastructure

Construction Law

A ‘Rail and Urban Transport Review’ commissioned by the Labour Party while in opposition has published recommendations to accelerate the unlocking of benefits from rail and urban transport infrastructure investment, calling for a greater role for private funding.

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California Approves $4.3B in Funds for Transportation Infrastructure

ENR Construction

The funds are aimed at a battery of transportation needs including congestion relief, freight traffic accommodations and alternative fuels infrastructure.

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Federal Infrastructure Bill Paves the Way Toward More Transportation Infrastructure Public-Private Partnerships

Constructlaw

trillion Infrastructure Investment and Jobs Act (IIJA) is poised to change how the United States views and implements public-private partnerships (P3s). surface transportation P3s that have reached financial close. infrastructure to crumble again due to the lack of insufficient funding. And because Congress does not want U.S.