Contractor Insider: Contractor demand for US Port projects, construction job rise, and more

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The skills gap in the U.S. is particularly acute in the construction industry, with the U.S. Department of Labor estimating that nearly 7 million jobs will need to be filled by 2024. The reason: Construction workers are retiring at the same time that construction projects are on the rise.

According to the McKinsey Global Institute, the construction industry is one of the largest sectors in the world economy, with approximately trillion spent on construction-related goods and services every year, representing 13 percent of the world’s GDP. Off-Highway Research recently reported that global construction equipment sales are expected to increase by 12 percent in 2018.

The equipment used in tunnelling projects around the world and the projects themselves – which often occur in major citires – are looked at by Joe Sargent. CRANES-HIGH RISE Joe Sargent looks at high-rise projects from around the globe and the impressive cranes which make their construction possible. PLANTWORX PREVIEW

The world’s biggest construction companies great wall builders. Chinese firms are the new challengers in the global construction business

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Megaships now carry more tonnage, cargo is more diverse and much more of. Contractors are in high demand to help ports update infrastructure, add new rail. one to enhance its rail system to accommodate the increase in freight.. of 4.4 miles to the port's 14-mile rail network and construction of a new.

Awarded Contracts, New Projects Under Construction, Groundbreakings, Topping Out. Summit Contracting Group, a Multifamily General Contractor with offices in. Trade Tensions Raise Construction Costs in the Multifamily Sector.. Article From AJC: mixed.

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Chennai Port, formerly known as Madras Port, is the second largest container port of India, The port has become a hub port for containers, cars and project cargo in the east. line port having direct connectivity to more than 50 ports around the world.. The northern and southern groynes of the harbour were constructed,