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Monday, September 21st, 2020
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Tag Archives: infrastructure

Canadian National Railway (CN) Investing $60 Million in Louisiana

HOMEWOOD, Ill., July 27, 2020 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) announced today that, as part of its strategic investments to support growing demand and enable supply chains, it plans to invest approximately $60 million (USD) across Louisiana in 2020. The investments includes a multi-year project to rebuild the McComb Spillway Bridge, replacement of rail and ties, as …

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VIDEO: Massive rock slide crashes onto highway in Idaho

rock slide highway

PortandTerminal.com, July 5, 2020 RIGGINS, ID – Video shows the moment a massive rock slide came crashing down on Highway 95 near Riggins, Idaho. The slide measured roughly 120 feet long and 40 feet deep, according to the Idaho Transportation Department, which responded to the slide Friday morning along with the Idaho County Sheriff’s Office. One of the biggest rocks …

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Coast Guard warns Florida bridge at “risk of an imminent collapse”

Bridge lit up at nighttime

PortandTerminal.com, June 17, 2020 STUART, FL – The Roosevelt Bridge in Stuart, Florida, is “at risk of an imminent collapse,” the Coast Guard has warned this morning. All vessels have been instructed to keep clear of the bridge until further notice. The Roosevelt Bridge was built 24 years ago and spans the St. Lucie River. #BREAKING the @USCG has established …

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Video: Drone footage shows extensive damage from failed Michigan dam

Screen grab of drone footage showing flooding. Forest. Muddy water

PortandTerminal.com, May 21, 2020 The moment one of the dams broke (above video). For Drone footage showing the extensive damage from failed Michigan dam on Wednesday, May 20 see below. MIDLAND, MI  – Almost 11,000 people were forced to evacuate their homes in central Michigan after heavy rain prompted what the National Weather Service called “catastrophic failures” at two dams. The Edenville and …

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White House unveils plan to speed major infrastructure projects permits

President Donald Trump speaking into microphone with Mike Pence standing behind him

Reuters, January 20, 2020 WASHINGTON (Reuters) – The Trump administration on Thursday unveiled a plan to speed permitting for major infrastructure projects like oil pipelines, road expansions and bridges, one of the biggest deregulatory actions of the president’s tenure. The plan, released by the White House Council on Environmental Quality (CEQ), would help the administration advance big energy and infrastructure …

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Infrastructure plan price tag agreed at $2 trillion. Now how to pay for it?

Photo of Nancy Pelosi, Donald Trump and Chuck Schumer

PortandTerminal.com, May 1, 2019 American Democratic congressional leaders announced yesterday after a meeting with President Trump that an agreement had been reached on the price tag for a potential infrastructure plan: $2 trillion. How to pay for it remains unclear. House Speaker Nancy Pelosi (D-CA) and Senate Minority Leader Chuck Schumer (D-NY) announced that they have reached the tentative agreement …

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Is Martin Stanley one of the most powerful people in maritime investment?

February 11, 2019 – PortandTerminal.com Hamburg, Germany – Is Martin Stanley one of the most powerful people in maritime investment? Mr Stanley is the Global Head of Macquarie Infrastructure and Real Assets (MIRA). In this role, he sets the strategic direction for MIRA’s global business and is accountable for all of its 148 businesses located in 25 countries. Macquarie Infrastructure …

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Taller than the Statue of Liberty

Four Chinese-made gantry cranes delivered yesterday to the Port of Virginia as part of major infrastructure investment to improve competitiveness Mathew Healy, Portandterminal.com, January 8, 2019 NORFOLK, Va. – The largest cranes to operate at a U.S. commercial port arrived in Norfolk, yesterday marking the latest effort to accommodate the increasingly mammoth container ships that underpin international trade. Standing 170 …

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