Revenue, backlog drop but Fluor maintains guidance

The Texas-based global contractor continues to reduce its outstanding debt, but past declines in oil prices and lockdowns in China weigh on its operations.

By Sebastian Obando • May 9, 2022

How to mitigate the effects of climate change, natural disasters

Contractors should plan, prepare and consider parametric insurance to help manage risks from extreme weather.

By Cindy Stauffer • May 6, 2022

Explore the Trendline➔

Recruiting, retention and training in construction

A roundup on articles focus on recruiting and retention for construction.

By Construction Dive staff

Skanska posts 21% dip in Q1 profits

The Swedish contractor reported a strong backlog in the U.S., and CFO Magnus Persson told Construction Dive that infrastructure funding will be a bright spot in coming years.

By Zachary Phillips • May 5, 2022

Despite $21.6M loss, Tutor Perini sticks to its guidance

The Los Angeles-based infrastructure giant reiterated its full-year outlook, even though it went into the red in the first quarter.

By Joe Bousquin • May 5, 2022

'Security never stops' says CTO on cybersecurity

Infrastructure is a top target for attacks, according to Colin Whitlatch, chief technology officer at Kahua, a project management software maker.

By Sebastian Obando • May 4, 2022

Jacobs posts higher profits, backlog in second quarter

While the company maintained its midrange guidance, it lowered the high end of its projected profits, citing geopolitical concerns.

By Sebastian Obando • May 4, 2022

Contractors turn to payment apps to speed billing

Cloud-based and mobile-friendly, fintech solutions are poised to revolutionize how contractors pay and get paid.

By Robyn Griggs Lawrence • May 3, 2022

Top US apartment builders, developers report large gains

Greystar moved from sixth place to the top of NMHC’s list of builders.

By Leslie Shaver • May 2, 2022

5 ways to manage suppliers during disruption

Contract clauses and long-term deals are some ways large organizations can deepen vendor relationships and ensure supply. 

By Praveen Kumar Soni • May 2, 2022

Report: GCs more likely than subs to get paid on time

General contractors have fewer problems collecting payments compared to other types of construction businesses, according to new data from Levelset.

By Jennifer Goodman • May 2, 2022

New McCarthy CFO: Jobs crisis industry's 'biggest challenge'

Kristine Newman, recently announced as CFO of the St. Louis-based contractor, said she believes building a unified front is key to combating the labor shortage.

By Zachary Phillips • April 28, 2022

Caesars delays $500M Virginia casino project to 2024

“The way of the world today is, it’s going to cost more, it’s going to take longer," a Caesars representative told the Danville, Virginia, City Council last week.

By Zachary Phillips • Updated May 10, 2022

Robots can revolutionize the modular building industry

Autovol CEO Rick Murdock said at the World of Modular conference this week that automation will continue to take up more of his company's production.

By Sebastian Obando • April 27, 2022

Popeyes to open 200-plus restaurants in US, Canada in 2022

Over half of these planned locations will have double drive-thrus, and some will test a new back-of-house design to streamline operations.

By Julie Littman • April 26, 2022

The Dotted Line: New Texas lien laws streamline process, but hurdles remain

Extending lien rights to all tiers of subcontractors is a broader trend that affects other states as well.

By Sebastian Obando • April 26, 2022

Construction attorney: Compliance 'weakest part' of supplier diversity efforts

Paula Finch says diversity goals are designed to help lift all contractors, but enforcement programs are often under-resourced. 

By Joe Bousquin • April 25, 2022

Government backlogs delay apartment construction

Although approvals are jammed up in zoning and planning offices, local governments like Phoenix are seeking new ways to provide services.

By Leslie Shaver • April 25, 2022

Top firms land new infrastructure, government deals

Companies such as AECOM and WSP have recently pulled in big-ticket contracts including work for NASA, the Navy and the Department of Energy.

By Jeffrey Steele • April 22, 2022

As demand soars, apartment builders battle supply chain woes

Hoar Construction uses a range of strategies to stay ahead of pricing challenges amid the Sun Belt construction boom.

By Ripley Bickerstaff • April 21, 2022

Tech startup aims to reduce maintenance costs

Bethesda, Maryland-based DwellWell claims to reduce annual maintenance costs by up to 25% for property owners.

By Sebastian Obando • April 20, 2022

'Exceptionally rare and dangerous' malware threatens critical infrastructure

Controllers from Schneider Electric and Japanese electronics maker Omron were initially targeted.

By David Jones • April 20, 2022

Economic headwinds threaten construction's spring recovery

A busy winter and pent-up demand have accelerated supply chain problems for U.S. contractors like Turner and Messer.

By Jen A. Miller • April 20, 2022

LeChase Construction acquires Albany, New York, contractor

The procurement of Sano-Rubin Construction Services will allow LeChase to pursue a wider range of projects including healthcare, education, hospitality and multifamily.

By Matthew Thibault • April 19, 2022

Illinois suspends requirement for in-state workers on public projects

The Illinois Preference Act is no longer in effect, as the state's unemployment rate has fallen below 5% for the first time since July 2020.

By Sebastian Obando • April 19, 2022

What contractors that work in Russia need to know

The invasion of Ukraine has set off multiple crises. How should U.S. construction firms that work in Russia deal with these issues?

By Anazette Ray and Michael Vardaro • April 18, 2022