With assistance from HDR, the City of Nashville has received an Advanced Transportation and Congestion Management Technologies Deployment 2020 grant, which will allow the metropolitan area to use emerging technologies to solve longstanding issues with…
Biden Harris Infrastructure Plan Allocates $621B For Transportation
The $2.3 trillion infrastructure investment package unveiled by the Biden Harris administration on March 31 – entitled the American Jobs Plan –…
Biden kicks off effort to reshape U.S. economy with infrastructure package
(Reuters) - President Joe Biden on Wednesday will call for a dramatic and more permanent shift in the direction of the U.S. economy with a roughly $2…
FTA Announces $30.5 Billion to Help the Nation’s Public Transportation Systems Respond to COVID-19
President Biden’s American Rescue Plan Provides Critical Investments to Support Transit WASHINGTON – The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced a total of $30.5 billion in Federal funding is…
GPA makes major infrastructure investment
SAVANNAH, Ga.– On Monday, the Georgia Ports Authority Board approved capital improvement projects that will increase the Port of Savannah’s container capacity by 20 percent. “Right now, we are moving container volumes that we did not expect to see for…
Royal Dutch Shell Experienced Historic Net Loss of $21.5B In 2020 – Revenue Dropped by Nearly 50%
The Royal Dutch Shell plc, more popularly known simply as Shell, is one of the largest companies in the world. However, due to the crippling effects of the COVID-19 pandemic, demand for oil fell sharply reducing its price to historic lows. As a result, Shell…
Nemetschek SE: Raised Targets for 2020 Fully Achieved – At Least High Single-Digit Growth with High Profitability in 2021
Revenues increase to EUR 596.9 million in 2020 (+7.2%), EBITDA margin at high 28.9% Recurring revenues increase by 19.9% to EUR 359.0 million, driven by subscription/SaaS (+79.6% to EUR 90.4 million) Outlook for 2021: At least high single-digit growth at constant…
NDOT Awards $39 Million I-515 Viaduct Rehab Project in Downtown Las Vegas
LAS VEGAS, NEV. – The Nevada Department of Transportation (NDOT) last week awarded a $38.8 million construction contract to Las Vegas Paving Corp. to rehabilitate the aging Interstate 515 (U.S. Highway 95) viaduct from Interstate 15 to Eastern Avenue in…
Governor Wolf Commits to Phasing Out Gas Tax, Announces Commission to Develop Funding Solutions
Harrisburg, PA – Governor Tom Wolf today reiterated his commitment to phase out Pennsylvania's gas tax, which is becoming an unreliable source for funding Pennsylvania's vast transportation network. To make this possible and to further address the state's…
USDA Investing $285M In Transportation, Infrastructure
The U.S. Department of Agriculture plans to invest $285 million to help the Forest Service address critical deferred maintenance and improve transportation and recreation infrastructure on national forests and grasslands. [Above photo by the U.S. Forest Service.]…
