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ARTBA Forecasts 3% Growth in Transportation Spending

Construction Equipment

transportation construction infrastructure market is expected to show modest growth in 2013, increasing three percent from $126.5 billion, according to the American Road and Transportation Builders Association’s (ARTBA) annual forecast. billion to $130.3 billion to $130.3 billion.

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Industry Focus: Logistics – Going With The Flow

Buisness Facilities Contributed Content

Labor Department forecasts that truck drivers will account for 43 percent of the growth in logistics jobs in the coming years. In comparison, railroads are in a much better position regarding infrastructure, equipment and personnel. Subsequently, the U.S. This is a result of the industry’s $13 billion in capital spending in 2012, a 16.1

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COVER STORY: 2013 Business Facilities Rankings Report – Metro And Global Rankings

Buisness Facilities Contributed Content

A central element of the public-private partnership involved in securing the IBM center is the construction of a mixed-use, riverfront complex that will be developed by Commercial Properties Realty Trust (CPRT), a real estate investment trust that manages and develops property holdings of the Baton Rouge Area Foundation (BRAF).

Metro 110
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FEATURE STORY: Racing To Be Ready – U.S. Ports Prepare for Post Panamax Era

Buisness Facilities Contributed Content

Under a public-private partnership (P3) agreement with Ports America Chesapeake, a 50-foot deep container berth was constructed in 2012. Construction of Craney Island Marine Terminal is underway at the Port, while dredging began last fall and will continue for the next eight to 10 years. The cranes were also part of the agreement.