Governor Laura Kelly and Transportation Secretary Julie Lorenz today announced that more than $42 million will support 30 transportation construction projects across Kansas through an expanded list of recipients of the Kansas Department of Transportation’s…
Freight Bottlenecks a $42 Billion Hidden Cost On U.S. Economy, Federal Data Shows
WASHINGTON — Freight bottlenecks cost the U.S. economy more than $42 billion in 2019—a hidden tax on the American people that is only likely…
BYD Offers Information Assistance with RAISE Grants
LOS ANGELES, Calif. – The U.S. Secretary of Transportation recently announced that $1 billion will be available through the competitive Rebuilding American…
FAA Awards $898.9 Million in Airport Improvement Grants
WASHINGTON – The U.S. Department of Transportation’s Federal Aviation Administration (FAA) announced the award of more than $898.9 million in infrastructure and safety projects through the FY2021 Airport Improvement Program (AIP).…
New Data: 2020 Private Sector Participation in Developing-Country Infrastructure Saw Huge Drop, Stabilizing as Year Ended
Washington —New data from the World Bank shows that private participation in infrastructure (PPI) in developing countries, while taking an historic plunge in the first half of 2020 due to COVID-19, saw a very modest uptick in the second half of the year.…
Gov. Pritzker announces $94 million from Rebuild Illinois to revitalize airports
Project proposals to improve the state’s public aviation facilities due June 14 SPRINGFIELD – Gov. JB Pritzker and the Illinois Department of Transportation announced today that $94 million will be made available to improve public airports throughout the…
Murphy Administration announces $47.3 million in FY2021 Local Bridge Fund grants
Each county to receive $1 million plus additional funds based on deck area (Trenton) – The New Jersey Department of Transportation (NJDOT) today announced 39 Local Bridge Fund grants totaling $47.3 million to help counties maintain local bridges in…
Skanska’s divestment of its infrastructure services business in the UK completed with a gain on sale of GBP 31M, about SEK 360M
As announced earlier, Skanska is divesting its infrastructure services business in the UK for GBP 50M, about SEK 580M, to M Group Services. The closing of the deal has been reached with a gain on sale of GBP 31M, about SEK 360M. The transaction will be recorded…
Nemetschek Group: Successful start to 2021 with double-digit operating revenue growth and high margin level in Q1
+12.1% currency-adjusted revenue growth to EUR 158.4 million (+8.1% reported) - Strong growth in recurring revenues, driven by subscription/SaaS models (+44.0%) - +18.5% EBITDA growth to EUR 49.6 million, EBITDA margin rises to above-average 31.3% -…
U.S. Transportation Secretary Pete Buttigieg Announces $1.69 Billion for Amtrak in Response to COVID-19
WASHINGTON – U.S. Secretary of Transportation Pete Buttigieg today announced that the Department of Transportation’s Federal Railroad Administration (FRA) is making more than $1.69 billion available to the National Railroad Passenger Corporation (Amtrak)…
