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September 4, 2016 • Vol. IX • No. 18 • 470 Maryland Drive • Ft. Washington, PA 19034 • 215/885-2900 • Toll Free 800-523-2200 • Fax 215/885-2910
Inside
Hawaii’s $8 Billion HART Project Chugs Along By Lori Tobias CEG CORRESPONDENT
$1.4B Calif. Project Eases Congestion on SR-91. ..13
LA FC Breaks Ground on $350M Stadium...13
Honolulu just moved one step closer to seeing the completion of a rail system that’s been under construction since 2009 and in talks for decades. The Honolulu Authority for Rapid Transportation (HART) recently awarded the contract for a third section of the Honolulu Rail Project, part of an elevated rail system expected to be fully operational in 2024. “We announced the award of a contract to build 5.2 miles of guideway and four stations that go with those 5.2 miles,” said Bill Brennen, spokesman for HART. “Shimmick Construction, Traylor Bros. Inc. and Granite Construction formed a joint venture and made a proposal and was awarded the contract for $874.8 million. This section runs from the Aloha Stadium passed the Pearl Harbor Naval Base through the Honolulu Airport and ends up at the Middle Street Transit Center Station.” The rail project will cover 20 mi. (32 km) over an elevated guideway with 21 stations. All are along the south shore of Oahu where about 70 percent of the population and 80 percent of the jobs are within a half mile to a mile of the alignment, Brennen said. The total cost
Guideway construction continues west in Waipahu. Honolulu Transit photo
Two ends of the Balanced Cantilevered Guideway are suspended over Farrington Highway.
see HART page 42
Equify Hosts Sale at Wills Point Location...64
Table of Contents ............4 California Section ....13-21 Underground Utility, Trenchers, Trench Boxes & Utilities Section ........31-35 Parts Section ..................40 Paving Section ..........49-56 Auction Section ........60-71 Business Calendar ........65 Advertisers Index ..........70
Ritchie Bros. Acquires IronPlanet, Enters Alliance With Cat Ritchie Bros. Auctioneers Incorporated, industrial auctioneers and equipment distributor and IronPlanet, an online marketplace for used heavy equipment and other durable asset sales, jointly announced that they have entered into an agreement under which Ritchie Bros. will acquire IronPlanet for approximately $758.5 million, subject to customary closing adjustments. Founded in 1999, IronPlanet complements Ritchie Bros.’ primarily end-user customer base, as it focuses largely on the
needs of corporate accounts, equipment manufacturers, dealers and government entities in equipment disposition solutions. It conducts its sales primarily through online-only platforms, with weekly online auctions and in other equipment marketplaces. IronPlanet, a private company based in the United States, sold approximately $787 million of gross merchandise value (GMV) through its sales channels during 2015, and has achieved a 25.2 percent comsee RITCHIE page 61
Infrastructure Issues Bridge Partisan Divide With 90 days left before Election Day, a national poll released Aug. 9 by the Association of Equipment Manufacturers (AEM) found that half of registered voters say the nation’s infrastructure has gotten worse over the last five years, and a majority of voters said roads and bridges are in “extreme” need of repair.
The findings were part of a new national poll commissioned by AEM to gauge voter perceptions and attitudes about the current and future state of U.S. infrastructure amid a high-profile election. The poll found that registered voters, regardless of political affiliation, recognize the declining state of the see INFRASTRUCTURE page 22