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TRIP Report Targets Texas Road Conditions

Roads and bridges that are deficient, congested or lack desirable safety features cost Texas motorists a total of $25.1 billion statewide annually – as much as $1,800 per driver in some urban areas – due to higher vehicle operating costs, traffic crashes and congestion-related delays. Increased investment in transportation improvements at the local, state and federal levels could relieve traffic congestion, improve road and bridge conditions, boost safety, and support long-term economic growth in Texas, according to a new report released by TRIP, a Washington, D.C.-based national transportation organization.

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MSHA Publishes Proposed Rule On Civil Penalty Assessments

The U.S. Department of Labor’s Mine Safety and Health Administration announced it will publish a proposed rule that would amend its existing civil penalty regulations by simplifying the criteria for assessing health and safety violations and increasing emphasis on more serious safety and health conditions, thus providing improved safety and health for miners. The proposed rule was published in the Federal Register on July 31.

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Terex Reports Higher Net Sales in Second Quarter

Terex Corp. announced income from continuing operations of $87.8 million, or $0.76 per share, for the second quarter of 2014. This compared to income from continuing operations of $20.4 million, or $0.17 per share, for the second quarter of 2013. Excluding the impact of certain items totaling $54.4 million, or $0.47 per share, income from continuing operations as adjusted in the second quarter of 2013 was $74.8 million, or $0.64 per share.

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