WASHINGTON, D.C. — The Occupational Safety and Health Administration issued a final rule extending the deadline for crane operator certification requirements in the Cranes and Derricks in Construction final rule published Aug. 9, 2010 by three years to Nov. 10, 2017. The rule also extends by three years the employer's responsibility to ensure that crane operators are competent to operate a crane safely. The final rule becomes effective Nov. 9. During the three-year period, OSHA will address operator qualification requirements for the cranes standards including the role of operator certification. The final cranes and derricks rule required crane operators on … Read more
Groundbreaking Ceremony Launches Construction of $500M Terminal 1 Modernization Program At LAX
DALLAS, Texas — Southwest Airlines helped kick off construction of the $508-million Terminal 1 Modernization Program at Los Angeles International Airport with a groundbreaking ceremony on Sept. 16 featuring Los Angeles MayorEric Garcetti, City Councilman Mike Bonin, City Councilman Tom LaBonge, Los Angeles Airport Commission President Sean O. Burton, Los Angeles World Airports (Executive Director Gina Marie Lindsey and Southwest Airlines Vice President of Airport Affairs Bob Montgomery. The modernization of the aging terminal, built in the early 1980s, is expected to transform the entire passenger experience from the curb to the gate, and will include a new 12-lane security … Read more
ELFA Survey of Economic Activity Reports on MLFI
WASHINGTON, D.C. — The Equipment Leasing and Finance Association's Monthly Leasing and Finance Index, which reports economic activity from 25 companies representing a cross section of the $827-billion equipment finance sector, showed their overall new business volume for August was $7.2 billion, up 13 percent from new business volume in August 2013. Month over month, new business volume was down 9 percent from July. Year-to-date, cumulative new business volume increased 6 percent compared to 2013. Receivables over 30 days increased from the previous month to 1.3 percent, and were up from 1 percent in the same period in 2013. … Read more
Architecture Billings Index Exhibits Continued Strength
WASHINGTON, D.C. — On the heels of recording its strongest pace of growth since 2007, there continues to be an increasing level of demand for design services signaled in the latest Architecture Billings Index. As a leading economic indicator of construction activity, the ABI reflects the approximate nine- to 12-month lead time between architecture billings and construction spending. The American Institute of Architects reported the August ABI score was 53.0, down from a mark of 55.8 in July. This score reflects an increase in design activity (any score above 50 indicates an increase in billings). The new projects inquiry index … Read more
Construction Employment Increases in 36 States during Past Year
Construction firms added jobs in 36 states between August 2013 and August 2014, while construction employment increased in 28 states between July and August, according to an analysis of Labor Department data by the Associated General Contractors of America. Association officials noted construction activity continues to spread across most of the nation even, as employment gains remain uneven by month and state. “The number of states with increases in construction employment over the last 12 months moderated in August but remained strongly positive as construction activity continues to spread across most of the nation,” said Ken Simonson, the association's chief … Read more



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