A team of eminent Russian specialists* introduce exciting new information technologies, such as the Internet of Things, and foresee their promising applications in the field of transport infrastructure development. Global economic growth, combined with explosive digital technology proliferation, brings new challenges to the field of transport infrastructure. Technical advances such as Intelligent Transportation Systems (ITS), vehicle to infrastructure interfaces, global positioning, electronic toll collecti
A team of eminent Russian specialists* introduce exciting new information technologies, such as the Internet of Things, and foresee their promising applications in the field of transport infrastructure development
Caterpillar has released its first quarter results for 2016, which show some positive results although market conditions remain tough. The firm’s first-quarter 2016 sales and revenues hit US$9.5 billion, down from $12.7 billion in the first quarter of 2015. First-quarter 2016 profit/share of $0.46 was down from a profit of $2.03/share in the first quarter of 2015. Excluding restructuring costs, profit/share was $0.67, compared with $2.07/share in the first quarter of 2015.
Canadian transport engineering firm Delcan has accepted an offer to join North American engineering giants Parsons.
In an open email letter to Delcan clients, company CEO Jim Kerr said, “Following many months of consideration and detailed strategic discussions, our Board and shareholders have embraced this offer. We have now joined one of the premier professional engineering companies in the world.
“Parsons is a global firm serving more than 2,000 projects through more than 100 offices around the world. A
