The UK asphalt market increased by over 5% in 2010 but the market has already started to turn lower, claims industry experts BDS Marketing Research, which is forecasting volumes to be around 1% lower in the current year
Construction company Transstroy has taken out a loan of US$128 million from the Bank of Moscow for construction of a relief road for Kurortny Prospect in Sochi, Russia, from the M-27 federal highway Dzhubga-Sochi.
The government of South Korea will be allocating a total of US$127.99 billion on transportation infrastructure in preparation for the 2018 Winter Olympics.
Hitachi Construction Machinery (HCM) says it is likely to return to full production capacity this week for the first time since the devastating Japanese earthquake and tsunami.
The European Union has awarded €2 million of TEN-T (Trans-European Transport Network) financing to a study which aims at finalising the design of 13km section of motorway in Slovenia.
The UK's Institution of Mechanical Engineers' new president, Professor Roderick Smith, has outlined his priorities for the year as helping to solve the engineering challenges for UK transport, environment and energy.
