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Vulcan Takeover Bid Ruling Upheld

vulcan200x94July 13, 2012 – Here is the latest on the Martin Marietta Materils-Vulcan Materials takeover bid. The Delaware Supreme Court amplified recent rulings, saying rival Martin Marietta Materials didn't err by launching the takeover, but by using confidential information gleaned from friendly merger talks. The state's high court said in a supplementary opinion released Tuesday that a lower court was correct in blocking Martin Marietta's hostile bid for Birmingham-based Vulcan Materials, the largest U.S. producer of road-construction materials.

ATA President Chides MAP-21 Amendment

HighwayBillJuly 9, 2012 – At least one industry executive thinks part of the new transportation bill is a step backwards.  "Just one day after the House and Senate came together on a common sense compromise transportation bill that moves the cause of highway safety forward, adoption of this amendment is a step back," said American Trucking Association (ATA) President and CEO Bill Graves . His controversial statement, however, is not directed at the spirit of the bill itself, but at a requirement concerning electronic on-board recorders to track driver hours of service. 

Read more: ATA President Chides MAP-21 Amendment

Seven Goals in the National Interest

HighwayBillJuly 3, 2012 – An interesting provision of the new Map-21 transportation bill provides for a performance-based approach in metropolitan and statewide planning processes. It makes seven goals in the “national interest":

  1. Safety: To achieve a significant reduction in traffic fatalities and serious injuries on all public roads.

    Read more: Seven Goals in the National Interest

Transportation Discussions Hot and Heavy

nssgaJune 27, 2012 – According to NSSGA, congressional stakeholders continued to bargain, cajole, argue and negotiate a new infrastructure deal. Nothing is for certain at this point, but the rumors flying around Washington center around these main points:
  • A 27-month bill (providing Highway Trust Fund authorizations from July 2012 through September 2014), if talks last night between the Ways and Means and Finance Committees were successful. The Senate bill as passed ended in September 2013, but this is the same two-year duration as the Senate bill was back when it was drafted in July 2011.  The House supposedly wanted to move a five-year bill (through 2016) but could not find the money.

    Read more: Transportation Discussions Hot and Heavy

Hillhead: Day Two

Hillhead2June 20, 2012 – Day Two of the Hillhead working show near Buxton, England, was just like Day One in at least one respect: Sunny skies shone down upon thousands of attendees and millions of tons of equipment gathered on the quarry floor.

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