Caterpillar CEO Doug Oberhelman has reinforced need for US infrastructure investment
Caterpillar Chairman and CEO Doug Oberhelman has outlined the risks to US competitiveness if the US Government proves unable to agree on both short and long term infrastructure funding issues.
World Highways – 7/15/2014
Industry lukewarm on emerging highway deal
Transportation advocates in Washington reacted to an emerging highway funding deal in Congress with trepidation, saying they were glad lawmakers were heading toward preventing an infrastructure bankruptcy but upset that they were settling for another short-term stopgap.
The Hill – 7/13/2014
US and EU trade talks to resume
Officials from the European Union and the US will spend this week in Brussels trying to make progress negotiating a controversial trade deal. The Trans-Atlantic Trade and Investment Partnership (TTIP) aims to stimulate commerce by reducing barriers such as tariffs and differences in regulation
BBC News – 7/13/2014
House votes to make bonus depreciation permanent
The House today passed a bill that would make permanent a tax law provision allowing businesses that purchase new equipment to depreciate 50 percent of the cost in the first year.
Agri-Pulse – 7/11/2014
Planned Paraguayan project proposed
Plans are in hand in Paraguay for the new Carmelo Peralta-Pozo Hondo highway stretch.
World Highways – 7/11/2014
Federal Reserve plans to end stimulus in October
The Federal Reserve will end its stimulus program in October if US economic growth continues at its current pace, minutes from its June meeting released Wednesday revealed.
BBC News – 7/9/2014
Missouri could get $4.8 billion in transportation projects
The Missouri Highways and Transportation Commission on Wednesday approved $4.8 billion in transportation projects that could would go into effect if state voters approve a transportation-focused ballot measure at the polls next month, the Missouri Department of Transportation (MoDOT) announced Wednesday.
Better Roads – 7/9/2014
Senate Dems oppose House road-vote timeline
A pair of influential Senate Democrats is opposing a plan from Republicans in the House to push a fight over transportation and infrastructure funding into the next Congress.
The Hill – 7/9/2014
Spanish construction firm Ferrovial wins North Carolina contract
The Spanish construction firm Ferrovial is to handle a US$655 million contract in North Carolina. The 50 year concession package is for the I-77 highway.
World Highways – 7/7/2014
Lagarde Hints at Global Forecast Cut Even as U.S. Rebounds
International Monetary Fund Managing Director Christine Lagarde signaled a cut in the institution's global growth forecasts, saying investment is still weak and that risks remain in the U.S. even as its rebound accelerates.
Bloomberg – 7/6/2014