In “The 2015 U.S. Transportation Construction Industry Profile,” American Road and Transportation Builders Association Chief Economist Dr. Alison Premo Black estimates the value of public and private transportation construction and maintenance work at upwards of $275 billion, an investment generating nearly $510 billion in annual economic activity or 1.6 percent of the GDP.
Sources: American Road & Transportation Builders Association (ARTBA), Washington, D.C.; CP staff
Upon his election as 2015-16 chairman, David Zachry told members that ARTBA will remain laser-focused on ensuring a long-term Highway Trust Fund fix and Congressional approval of a multi-year bill boosting federal surface transportation investment; advocate for increased federal investment in airport construction; and, build “Transportation Makes America Work” lobbying and advocacy communications program participation.
Read MoreSources: American Road and Transportation Builders Association, Washington, D.C.; CP staff
In “The 2015 U.S. Transportation Construction Industry Profile,” ARTBA Chief Economist Dr. Alison Premo Black estimates the value of 2015 public and private transportation construction and maintenance work at upwards of $275 billion, an investment generating nearly $510 billion in annual U.S. economic activity and accounting for 1.6 percent of Gross Domestic Product.
Read More
Leading up to another extension (June-July) of the federal transportation funding program, the American Road & Transportation Builders Association circulated on Capitol Hill a publication spotlighting how innovative design and construction techniques, cutting-edge technologies, new materials, safety products, and advanced heavy equipment are being deployed by the public and private sectors to deliver critical and cost-effective highway, bridge and transit projects.
An analysis of the recently-released 2014 U.S. Department of Transportation National Bridge Inventory database finds good news and bad news when it comes to the most heavily traveled U.S. bridges. While there are 2,000-plus fewer structurally deficient crossings than there were in 2013, a seemingly endless backlog of bridges needing significant repair remains.
As members and their customers approach the current federal surface transportation program’s May 31 funding sunset, the American Road and Transportation Builders Association has outlined a plan it believes could end the political impasse over how to cover Washington, D.C.’s share of state highway, bridge and transit capital projects—while seeding a $401 billion, six-year highway and mass transit capital investment bill.
Sources: American Road and Transportation Builders Association (ARTBA), Washington, D.C.; CP staff
As members and their customers approach the current federal surface transportation program’s May 31 sunset, ARTBA has outlined a plan it believes could end the political impasse over how to fund Washington, D.C.’s share of state highway, bridge and transit capital projects, while seeding a $401 billion, six-year highway and mass transit capital investment program.
Read More
by the editors of Concrete Products
Federal highway and transit investment programs impart economic benefits across the U.S. economy, according to an IHS Inc. study commissioned by the American Road & Transportation Builders– and Associated General Contractors-led Transportation Construction Coalition.
Read MoreVoters across the nation expressed support for increased investment in surface transportation, approving 60 out of 90 related initiatives on November ballots. The approved measures will provide nearly $21 billion in additional funds for transportation projects, reports the American Road and Transportation Builders Association Transportation Investment Advocacy Center.
Read More