Construction Industry News: May 31, 2018

New Study Finds Mobile Technologies and Connectivity Poised to Transform Heavy Construction Projects

Study suggests mobile technology could improve quality of heavy construction project data tracking, cost control and efficiency of fleet maintenance and management.
Read more

The AI in construction market is projected to grow at a CAGR of 35.1%

MarketsandMarkets expects the global Artificial Intelligence (AI) in construction market to grow from USD 407.2 millionin 2018 to USD 1,831.0 million by 2023, at a Compound Annual Growth Rate (CAGR) of 35.1% during the forecast period. The rising demand for AI-based solutions and platforms, the need for more safety measures at construction sites, and the capability of AI in construction solutions and services for reducing the production costs are expected to drive the growth of the AI in construction market. Few investments made in technological Research and Development (R&D) is expected to act as the major restraint for the market growth.
Read more

Labor and Workforce Development Agency Announces Record Number of Apprentices

California Labor and Workforce Development Agency Secretary David M. Lanier today announced that there are nearly 82,000 active apprentices in California – the highest number in the 79-year history of formal apprenticeship job training in the state. In 2015, California had approximately 53,000 active apprentices and is on track to double the number by the end of 2020.
Read the report

New York Bridge Project Mystery: Cost and Schedule

However, there’s no way to precisely discover the price-tag or even the target opening day for the second span of the new Hudson River crossing north of New York City. The bridge replaces the 50-year-old and often traffic-choked Tappan Zee Bridge that carries the New York State Thruway. A spokesman for the thruway authority declines to say in what month or season of the year the second span will open. He is equally tight-lipped about close-out negotiations and possible late completion damages against the prime contractor.
Read more

Investigators Explain Focus on Pre-Collapse Cracking in Florida Bridge

The National Transportation Safety Board's preliminary report on the fatal collapse in March of a pedestrian bridge at Florida International University in Sweetwater focuses attention on the widely discussed pre-collapse cracking in the main span. The report also confirms accounts about what the construction crew working on the bridge was doing before the structure fell.
Read more

Construction cost increases create new risks for Seattle light rail

Construction inflation in Seattle is so extreme that Sound Transit might hurry to sign deals with bidders this summer, even if a prospective $1.1 billion in federal money isn’t awarded yet for the Northgate-Lynn­wood corridor.
Read more

A Sweeping Plan to Fix the Subways Comes With a $19 Billion Price Tag

A sweeping proposal to overhaul New York City’s subway and improve the broader transit system is expected to cost more than $19 billion, according to two people who were briefed on Tuesday, and goes far beyond the emergency repair plan that was unveiled last summer after the subway fell into crisis.
Read more

FROM THE ARCHIVES

24 of the world's most amazing bridges

From the Golden Gate Bridge, which celebrated 81 years this week to the Tower Bridge in London, check out some of the world’s most amazing engineering marvels!

Read more
 

Leave a Reply

Close Menu