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Here you will find the latest news and information from the construction industry. To keep up with the goings-on, don’t miss a thing by subscribing to our CBO Alert newsletter, as well as our all-product edition, the CBO Product Report.

  • White House Considers Tapping Emergency Diesel Reserve to Mitigate Price Spike
    TOKYO (May 23, 2022) — According to Reuters, the White House is weighing an emergency declaration to release diesel from a rarely used stockpile in a bid to address a major
    Read More →: White House Considers Tapping Emergency Diesel Reserve to Mitigate Price Spike

  • AEM Identifies 10 Trends Dramatically Changing the Way Construction Companies Operate in North America
    MILWAUKEE (May 19, 2022) — The Association of Equipment Manufacturers (AEM) released The Future of Building, a white paper detailing the drivers influencing how the construction industry could transform over the
    Read More →: AEM Identifies 10 Trends Dramatically Changing the Way Construction Companies Operate in North America

  • US to Allow 35,000 More Guest Workers as Summer Nears
    WASHINGTON (May 18, 2022) — According to Reuters, the United States will grant employers as many as 35,000 further H-2B visas for seasonal guest workers starting jobs between April 1 and Sept.
    Read More →: US to Allow 35,000 More Guest Workers as Summer Nears

  • Total Construction Starts Inch Higher in April
    HAMILTON, N.J. (May 17, 2022) — Total construction starts rose 3% in April to a seasonally adjusted annual rate of $945.8 billion, according to Dodge Construction Network. Nonresidential building starts rose
    Read More →: Total Construction Starts Inch Higher in April

  • President Biden & US Transportation Secretary Pete Buttigieg Announce Availability of $1B for Local Communities to Ensure Safe Streets & Roads for All, Address National Roadway Safety Crisis
    WASHINGTON (May 16, 2022) — The U.S. Department of Transportation (DOT) announced that the application process is now open for communities of all sizes to apply for $1 billion in Fiscal
    Read More →: President Biden & US Transportation Secretary Pete Buttigieg Announce Availability of $1B for Local Communities to Ensure Safe Streets & Roads for All, Address National Roadway Safety Crisis

  • ARA Forecast Calls for Double-Digit Revenue Growth for Equipment Rental in 2022
    MOLINE, Ill. (May 10, 2022) — Even with supply chain issues and labor shortages, U.S. equipment rental revenue, including both construction and general tool, is expected to grow by 11.1% to
    Read More →: ARA Forecast Calls for Double-Digit Revenue Growth for Equipment Rental in 2022

  • KEEN Utility Advances Women in the Trades Through $1M Pledge
    PORTLAND, Ore. (May 10, 2022) — KEEN Utility, the work boot division of KEEN Inc. (KEEN), launched the She Builds Grant Program to champion the next generation of tradeswomen. The program
    Read More →: KEEN Utility Advances Women in the Trades Through $1M Pledge

  • Dodge Momentum Index Rises in April
    HAMILTON, N.J. (May 6, 2022) — The Dodge Momentum Index (DMI) moved 6% higher in April to 164.8 (2000=100), up from the revised March reading of 155.0. The Momentum Index, issued
    Read More →: Dodge Momentum Index Rises in April

  • Construction Business Owner Magazine & LaborChart Present Webinar: ‘Combating the Labor Shortage With the 6 Pillars of Construction Workforce Management’
    BIRMINGHAM, Ala. (May 5, 2022) — Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with LaborChart, a Procore Company. The
    Read More →: Construction Business Owner Magazine & LaborChart Present Webinar: ‘Combating the Labor Shortage With the 6 Pillars of Construction Workforce Management’

  • Nonresidential Construction Employment Dips in April, Says ABC
    WASHINGTON (May 6, 2022) — The construction industry added 2,000 jobs on net in April, but nonresidential construction employment decreased by 2,000 positions, according to an Associated Builders and Contractors (ABC)
    Read More →: Nonresidential Construction Employment Dips in April, Says ABC

  • Trilon Group Announces New Transportation Partnerships With DRMP Inc. & ESI Consultants
    DENVER (May 5, 2022) — Trilon Group (Trilon), a family of infrastructure consulting businesses backed by Alpine Investors, today announced new partnerships with DRMP Inc. (DRMP) and ESI Consultants (ESI) that continue to advance Trilon towards its vision of building
    Read More →: Trilon Group Announces New Transportation Partnerships With DRMP Inc. & ESI Consultants

  • AMECO Expands Site Services Offerings With Acquisition of F&M MAFCO
    GREENVILLE, S.C. and CINCINNATI, Ohio (May 4, 2022) — AMECO, a leading provider of construction and maintenance Site Services planning and delivery, announced today that it has acquired F&M MAFCO, an international supplier
    Read More →: AMECO Expands Site Services Offerings With Acquisition of F&M MAFCO

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