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New Program Helps Transport Fleets Upgrade to Safer Trucks

Construction Equipment

The Fleet Advantage Safety First Program has been developed to help transportation fleets upgrade into newer trucks with advanced safety features. Fleet Advantage is a truck fleet business analytics, equipment financing, and lifecycle cost-management company. Under the program, Fleet Advantage…

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

Constructlaw

1] This is important for parties financing P3s. PABs allow the issuance of tax-free municipal bonds to private entities financing qualified projects. surface transportation P3s that have reached financial close. There are two main reporting requirements in the IIJA that specifically relate to transportation infrastructure P3s.

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Obituary: Mort Downey, 87, Set High Bar as Six-Decade Transit Leader

ENR Construction

Long career for transportation operations and finance expert included a long stint as the U.S. Transportation Dept chief operating officer and leadership of two major U.S. urban transit systems.

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USDOT Launches Innovative Infrastructure Financing Tool

Construction Equipment

Transportation Secretary Anthony Foxx today announced that four transit projects in the Seattle area could receive up to nearly $2 billion in financing through an innovative infrastructure financing tool created by the Department of Transportation’s Build America Bureau.

Finance 48
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Florida Legislature Advances Major Highway Projects, Hurricane Ian Recovery

ENR Construction

Moving Florida Forward calls for general revenue transfers of $4 billion to the State Transportation Trust Fund, and the use of “innovative financing tools, contracting and proposed policies” to deliver the $7-billion program.

Florida 84
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Minnesota Transportation Projects to Total $1.1 Billion

Construction Equipment

The Minnesota Department of Transportation announced plans to complete $1.1 billion worth of road construction in 2013, according to finance-commerce.com. Much of the budget will go toward maintenance and preservation of the existing transportation system. March 28, 2013. read more

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Construction innovation: How we can help the industry get back in the tech race

Lets Build

Nevertheless, we have to admit that things still move slowly compared to other sectors, such as transportation, finance and media. The discussion around innovation in construction is gradually becoming more and more intense. Only agriculture.