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Great Lakes Dredge & Dock (NASDAQ:GLDD – Get Free Report) and Ferrovial (NASDAQ:FER – Get Free Report) are both construction companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, risk, analyst recommendations, profitability, dividends, valuation and earnings. Earnings and Valuation This table compares Great Lakes Dredge &… Read More
Lt. Col. Adrian Biggerstaff became the 74th commander of the U.S. Army Corps of Engineers, Honolulu District, during a change of command ceremony July 10, at the Battleship Missouri Memorial in Pearl Harbor, Hawaii. Brig. Gen. Joseph C. “Clete” Goetz, commander of the U.S. Army Corps of Engineers, Pacific Ocean Division, presided over the ceremony… Read More
WALLA WALLA, Wash. — Lt. Col. ShaiLin Kingslack relinquished command of the U.S. Army Corps of Engineers, Walla Walla District, to Lt. Col. Kathryn (Katie) Werback, during a change of command ceremony held in Walla Walla, Washington, today. Col. Jeffery D. Hall, deputy commander of the USACE Northwestern Division, officiated on behalf of Brig. Gen…. Read More
By Heiko Osterchrist-Associate Publisher Trimble is a global, industrial technology company who supports the building & construction, marine, agriculture, natural resources, utilities, transportation, and many other sectors. DW: Jonathan tell our readers a little bit about your background and how you came to be at Trimble. JW: I got involved in the LiDAR (Light Detection… Read More
We are truly excited to announce that our George T. Strawn, known to everyone as Bubba, was awarded the Dredger on Deck Award at the recent 2024 Weda Dredging Summit & Expo. Congratulations Bubba on receiving this well-deserved and prestigious award! We are all very proud of you and appreciate all you have done for… Read More
John Deere is expected to soon lay off hundreds of employees across the U.S. The farm-equipment company said it will let go about 600 employees across three U.S. factories by the end of August. The decision is Deere’s latest in a string of production layoffs over the past year. It also comes as the company… Read More
Hagadone Marine Group is pleased to announce the acquisition of Murphy Marine Construction Inc. assets on Lake Coeur d’Alene. This acquisition represents a significant expansion of Hagadone Marine Group’s capabilities, allowing for enhanced marine services and internal project completion. The newly acquired assets adjacent to Blackwell Island Marina include 145 new wet slips, increasing Hagadone… Read More
Columbia Group and Crowley have signed a strategic cooperation agreement that broadens both companies’ ship management solutions for customers, leveraging their extensive, industry-leading expertise across the maritime, logistics and energy sectors. Under the alliance, customers will be able to capitalize on the capabilities of both organizations for more efficient and greater scale of international management… Read More
Dredging involves removing sand, silt, and other materials from water bodies such as oceans, seas, lakes, and rivers. It is an important process that must be performed regularly to keep waterways, ports, and harbours navigable. Other reasons for dredging include coastal protection and redevelopment or gathering materials of commercial value, such as minerals or sand used by the… Read More
Further to our announcement from 24 January 2024, and following the successful award of Sunrise Wind in the New York 4 solicitation for offshore wind capacity, Ørsted has now completed the acquisition of Eversource’s 50 % share of Sunrise Wind, a 924 MW offshore wind farm located off the coast of New York. The purchase price… Read More
Budget season on Capitol Hill can sometimes feel like an exercise in futility; Congress, again, will be racing against the clock as government funding is set to expire on October 1. Both chambers are still negotiating differences on topline numbers for each of the twelve funding bills, and election year complications are likely to occur…. Read More
Seattle-Tacoma International Airport (SEA) celebrates its 75th Anniversary today, ahead of what’s expected to be a record-breaking year. Over 52 million passengers are projected to go through SEA this year, breaking 2019’s all-time high. Of course, that’s a dramatic difference from 75 years ago, when the first recorded year saw just over 130,000 passengers go… Read More
CEVA Logistics and Bolloré Logistics will move forward under one unified brand—CEVA Logistics—in offering a breadth of services in air, ocean, ground and rail transport, contract logistics, finished vehicle logistics, project logistics and customs solutions. Already underway, CEVA expects to complete the rebranding process by the end of 2024. CEVA Logistics is gaining significant scale… Read More
Video obtained by CNN shows flooding, heavy winds and damaged homes in the coastal city of Sargent, Texas. Source
We want to take a moment today to celebrate the remarkable career of Rob Soriano as he embarks on a new journey into retirement after 28 incredible years with Orion. Rob has been an integral part of our Atlantic Division, serving as Port Captain. His contributions have left an unforgettable impact on our team and… Read More