NEW YORK (June 7, 2022) — COWI, in joint venture with CHA Consulting, Inc. (CHA) as the owner's engineer, provided quality oversight to support the Triborough Bridge and Tunnel Authority (TBTA) in the completion of five design-build contracts worth $123 million to rehabilitate the Hugh L. Carey and Queens Midtown Tunnels. The upgrade project has advanced current systems, enhancing public safety and reliability of the city’s transport network.

HAMILTON, N.J. (June 7, 2022) — The Dodge Momentum Index (DMI) jumped 7% in May to 176.2 (2000=100), up from the revised April reading of 165.2. The Momentum Index, issued by Dodge Construction Network, is a monthly measure of the initial report for nonresidential building projects in planning shown to lead construction spending for nonresidential buildings by a full year. In May, the institutional component of the Momentum Index rose 9%, and the commercial component increased 6%.

BIRMINGHAM, Ala. (May 24, 2022) — Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with DivvyPay Inc.

The live, online event, “5 Ways Construction Businesses Can Cut Costs & Improve Cash Flow in 2022,” will take place June 16, 2022, at 1 p.m. CDT and will share how contractors can boost their bottom line by cutting costs, managing expenses and improving cash flow.

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 supply crunch and blunt rising prices, an administration official said on Monday.

Diesel is essential for the U.S economy, powering farms and the construction sector along with the trucks, trains and boats that help move goods. Rising diesel prices will help drive up inflation, which has hit 40-year highs.

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 next 10 years in North America.

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. 30.

The expansion of the H-2B visas, used to employ landscapers, housekeepers, hotel employees and construction and carnival workers, among others, for the busy summer vacation season comes amid record job growth and a U.S. labor crunch despite worries over some economic headwinds.