GLG News by Infrastructure Construction Experts (North America)

The construction materials trucking industry has been negatively impacted by the economic downturn. Capacity has increased as more trucks have become available in the market due to declining demand for the materials being hauled. The future in the construction materials hauling industry over the short-term...

This excellant article captures virtually all of the problems currently faced in Afghanistan: 1. Karzai's problem in holding together a government that was carved up among the victorious participants (even if Karzai were a strong leader); 2. The failure of enough countries to contribute significant...

Mr. Zuckerman, the Editor-In-Chief, writes persuasively here of declining, nay plummeting, home prices and new home construction and of the possible passing of the U.S. auto industry and of healthcare funding problems.  He makes the point that 10 million home mortgages exceed the value of the underlying...

Cemex sent a letter to all "valued customers" on 8/4/08 informing them of a $25/CY price increase on all ready-mix concrete products in the United States. Cemex is making a bold move in a declining ready-mix market (both volumes and prices have been declining in the past year in various major markets...

The news here is that the chickens are coming to roost in one of the largest misapplications of capital yet.  Commercial real estate is overdone in most every sector and market and the banks of this country are among the culprits.  Ratios of three and more times capital lead to predictions...

As it turns out, gun dealers in Phoenix are supplying some/a bunch of the weapons which are being used in the drug wars below the Mexican border.  The Mexican Cartels send $ 15 Billion drugs to the U.S. and transports $ 10 Billion cash back to Mexico over the border.  As the article also tells...

The Peter G. Peterson foundation will confront the dangers of America’s $ 9.5 Trillion national debt.  The article quotes Peterson as saying “Over time, taxes would have to double to pay for the debt and that's unthinkable''. 

Changes to housing, autos, urban planning, public transportation, carpooling, consumer goods and retailing, manufacturing, restaurants, agriculture, mining and utility providers are coming.  There will be suppliers close to the ultimate user, zero or virtual mobility for workers and local vacations...

The public is now going to be asked to support the housing mania of the 1st years of this century with tax look-backs to previous profits, with extended activity by the quasi-public lenders, Freddie Mac and Fannie Mae, and with government backing for loans written down to 85% of the new appraisal. ...

This article notes the recent statement building financing of financial institutions and concludes its opening remarks with “I don’t know, you don’t know, and they don’t know”.  The article states the assumptions of current bank recapitalizations and in particular recaps the Bear Stearns acquisition. ...