Public transportation agencies in Chicago, New York and Seattle are using different funding strategies to address budget gaps, rising construction costs and growing demand for transit services. Leaders from the three cities discussed their approaches during a panel at the American Public Transportation Association’s TransForm conference in Chicago on October
Higher borrowing costs may not be enough to bring U.S. inflation under control, according to a survey of corporate economists by Wolters Kluwer. Despite rising interest rates, economists expect economic growth and business investment to remain strong through 2026. In the survey, 59% of economists said the increase in borrowing
Long-lasting materials, factory-built components and reusable structures can help reduce construction waste and extend the useful life of buildings. Sustainable construction is often measured by how much material a project uses, how much waste it produces and how much carbon is released during construction. But another factor deserves attention: how
The National Asphalt Pavement Association (NAPA) and 13 other industry groups are asking the U.S. Supreme Court to review a federal appeals court decision that upheld tougher air quality limits for fine particle pollution. The case centers on PM2.5, a type of fine particulate matter that can come from industrial
The contractor has secured three education contracts worth $351 million and started a new $67.1 million phase of a high school expansion in Washington state. Skanska is expanding its work in the education sector with a series of school and university construction projects worth a combined $418 million. The Sweden-based
The 20-year agreement will support nuclear capacity upgrades across the PJM grid as demand for electricity from data centers continues to grow. Constellation Energy and Google have reached a 20-year power purchase agreement that will support 890 megawatts of additional nuclear generation in the PJM electricity market. The agreement comes
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