Greg Price, Partner-in-Charge, Energy & Oilfield Services, Sikich LLP
Joe Kulek, Partner-in-Charge, Construction & Real Estate Services, Sikich LLP
Greg Price, Partner-in-Charge, Energy & Oilfield Services, Sikich LLP
Joe Kulek, Partner-in-Charge, Construction & Real Estate Services, Sikich LLP
Charles Luck IV, president and CEO of Luck Companies, Richmond, Va., is the 2015 Chairman of the Board of the National Stone, Sand and Gravel Association (NSSGA). His election came during the NSSGA Board of Directors’ meeting at the association’s annual convention in Baltimore.
“Charlie’s insights into what the aggregates industry faces each day, coupled with his values based leadership, will take NSSGA to the next level,” said NSSGA President and CEO Michael W. Johnson. “He is well-prepared to lead and execute our Rocks Build America strategic plan and will advance our association as the leading voice of the industry.”
In his acceptance address to the NSSGA Annual Membership meeting, Luck urged all to think about how the aggregates industry impacts America. “Let’s never forget that we are building the future infrastructure of our country that enables a quality of life that many other countries can only wish to have,” he said.
He also called on the entire aggregates industry to be a part of the effort and to make a difference. “When all of us are engaged and committed, NSSGA is doing well. When NSSGA is doing well, we are building a better future for this country.”
Luck also outlined a key priority for 2015: a Board Evolution Initiative. “We have a best-in-class strategy, now how do we get a best-in-class board structure?” he asked.
The plan calls for a task force to provide recommendations on a new board structure and rule changes to align the governance of NSSGA with the Rocks Build America strategic plan. “The goal is to have representation in every state with highly qualified and highly committed leaders to ensure the long-term health of NSSGA and the aggregates industry,” Luck said.
Luck considers himself the guardian of a family legacy, built on the founding principles of honesty, integrity and reliability. A 1983 graduate of the Virginia Military Institute with a Bachelor of Science degree in Civil Engineering, Luck is an active member in several professional and trade associations as well as numerous community organizations.
He oversees a growing corporation that employs approximately 800 and has locations in the mid-Atlantic and northeast through its four distinct business units: Luck Stone; Luck Stone Center, Har-Tru Sports and Luck Development Partners. One of Luck’s goals is to ensure the future growth and development of employees and the corporation, while maintaining the company’s leadership role in the aggregates industry.
In April 2011, Luck was honored as the University of Richmond’s Robins School of Business Executive of the Year. He is active in civic affairs in Va., and currently serves as a board member for a number of organizations including: the Virginia Foundation for Independent Schools; Virginia Military Institute’s Jackson Hope-Fund; and the Virginia Business Council.
Founded in 1923 and having thrived under the leadership of three generations of the Luck family, Luck Companies has embraced creativity, commitment, leadership and integrity as its core values, and strives to build a culture centered on the success of others. Luck Companies inspires its associates, customers, partners and communities to positively impact their lives and the lives of those around them through Values Based Leadership. Luck Companies believes the best path to exemplary personal and business performance is through making a difference in the lives of others around the world. To learn more about Luck Companies, please visit luckcompanies.com.
NSSGA is the leading voice and advocate for the aggregates industry. Its members – stone, sand and gravel producers and the equipment manufacturers and service providers who support them – produce the essential raw materials found in homes, buildings, roads, bridges and public works projects and represent more than 90 percent of the crushed stone and 70 percent of the sand and gravel mined annually in the United States. Production of aggregates in the U.S. in 2014 totaled 2.17 billion metric tons at a value of $20.3 billion. The aggregates industry employs approximately 100,000 highly-skilled men and women.
Four states have canceled or delayed $780 million in transportation improvement projects and another nine say over $1.8 billion are at risk because of continued uncertainty over whether Congress will take action soon to fix the ailing Highway Trust Fund (HTF).
The Washington, D.C.-based American Road & Transportation Builders Association (ARTBA) reviewed news reports, public statements and testimony from state officials to compile the list featured in a March 24 report.
On average, the HTF is the source of 52 percent of all highway and bridge capital investments made annually by state governments. Funding for the federal highway and transit program expires on May 31 unless Congress acts. The HTF has suffered five revenue shortfalls between 2008 and 2014, and the next cash crisis is expected to occur in summer 2015.
So far in 2015, four states—Ark., Ga., Tenn. and Wyo.—have shelved $779.7 million in projects due to the uncertainty over federal funds.
Nine states—Colo., Conn., Miss., Mont., Neb., Nev., Pa., Vt., and W.Va.—have expressed concern over the feasibility of future transportation infrastructure projects totaling more than $1.8 billion if Congress does not act before May 31. ARTBA expects more states will make similar announcements as the deadline draws nearer.
Last year, before a last-ditch effort by members of Congress led to an extension of MAP-21, DOT officials in 35 states publicly stated that they would be impacted by the precarious HTF situation.
“It’s déjà vu all over again as Yogi Berra would say,” according to ARTBA President & CEO Pete Ruane. “This is one of the most easily avoidable crises because Congress has known the May deadline was coming for about eight months. Yet, here we are again flirting with another economic meltdown in the peak of the construction season,” he added.
“The continued uncertainty with the Highway Trust Fund has real world, negative impacts as state governments begin cutting back on their construction plans because they don’t know if the funding will be there to pay the bills a few months from now,” Ruane said. “This, in turn, prevents private sector companies from hiring workers and making major capital investments such as purchasing equipment, both of which are key to bolstering economic activity.”
“The clock is on the field. There are 34 legislative calendar days left in the Senate and just 22 days in the House,” Ruane said. “It’s time for Congress and the President to show they can govern and provide a permanent funding solution for America’s highway and transit program.”
The ARTBA report can be found in “current issues” of ARTBA’s government section of www.artba.org
More than one-third of New York’s major roads are in poor condition, while more than one-third of the state’s bridges are deficient or do not meet modern design standards, according to a new report released today by TRIP, a Washington, DC based national transportation organization. Increased investment in transportation improvements at the local, state and federal levels could improve road and bridge conditions, enhance safety, relieve traffic congestion and support long-term economic growth in New York.
The TRIP report, “Conditions and Safety of New York’s Roads and Bridges,” examines road and bridge conditions, traffic safety, economic development and transportation funding in New York State. In addition to statewide information, the report also provides regional pavement and bridge condition and highway safety data for Albany, Buffalo, New York City, Rochester and Syracuse.
According to the TRIP report, throughout the state 37 percent of major locally and state-maintained urban roads and highways are in poor condition. An additional 43 percent of the state’s major urban roads have pavements in mediocre or fair condition, and the remaining 20 percent are in good condition. Driving on rough roads costs all New York State motorists a total of $6.3 billion annually in extra vehicle operating costs (VOC). Costs include accelerated vehicle depreciation, additional repair costs, and increased fuel consumption and tire wear.
More than one-third – 39 percent — of locally and state-maintained bridges (20 feet or longer) in New York show significant deterioration or do not meet current design standards often because of narrow lanes, inadequate clearances or poor alignment. Twelve percent of New York’s bridges are structurally deficient. A bridge is structurally deficient if there is significant deterioration of the bridge deck, supports or other major components. Structurally deficient bridges are often posted for lower weight or closed to traffic, restricting or redirecting large vehicles, including commercial trucks and emergency services vehicles. Twenty-seven percent of the state’s bridges are functionally obsolete. Bridges that are functionally obsolete no longer meet current highway design standards, often because of narrow lanes, inadequate clearances or poor alignment.
New York State’s overall traffic fatality rate of 0.92 fatalities per 100 million vehicle miles of travel is lower than the national average of 1.09. Traffic crashes in New York claimed the lives of 5,892 people between 2009 and 2013, an average of 1,178 fatalities each year. Where appropriate, roadway improvements can reduce traffic fatalities and crashes while improving traffic flow to help relieve congestion. Such improvements include removing or shielding obstacles; adding or improving medians; improved lighting; adding rumble strips, wider lanes, wider and paved shoulders; upgrading roads from two lanes to four lanes; and better road markings and traffic signals.
The efficiency and condition of New York’s transportation system, particularly its highways, is critical to the health of the state’s economy. Annually, $550 billion in goods are shipped from sites in New York and another $597 billion in goods are shipped to sites in the state, mostly by truck.
The Federal Highway Administration estimates that each dollar spent on road, highway and bridge improvements results in an average benefit of $5.20 in the form of reduced vehicle maintenance costs, reduced delays, reduced fuel consumption, improved safety, reduced road and bridge maintenance costs and reduced emissions as a result of improved traffic flow.
“These conditions are only going to get worse if greater funding is not made available at the local, state and federal levels,” said Will Wilkins, TRIP’s executive director. “Without additional transportation funds, the state’s pavement and bridge conditions will continue to decline, needed safety improvements will not be made, congestion will worsen and the state will lose out on opportunities for economic growth.”
CONDITIONS AND SAFETY OF NEW YORK’S ROADS AND BRIDGES
New York’s extensive system of roads, bridges and highways provides the state’s residents, visitors and businesses with a high level of mobility, while acting as the backbone that supports the state’s economy. New York’s transportation system enables the state’s residents and visitors to travel safely to work and school, visit family and friends, and frequent tourist and recreation attractions while providing businesses with reliable access to customers, materials, suppliers and employees.
However, the state’s locally and state-maintained roads, highways and bridges face a significant challenge in the need to improve conditions and traffic safety. As New York works to retain its quality of life, maintain its level of economic competitiveness and achieve further economic growth, the state will need to preserve, maintain and modernize its roads, highways and bridges by improving the physical condition and safety of its transportation network, thus enhancing the system’s ability to provide efficient and reliable mobility for motorists and businesses. Making needed improvements to New York’s roads, highways and bridges could also provide a significant boost to the state’s economy by creating jobs in the short term and stimulating long term economic growth as a result of reduced vehicle operating costs, improved safety and enhanced mobility.
Meeting New York’s need to modernize and maintain its system of roads, highways and bridges will require significant local, state and federal funding.
New York’s major roads have significant deterioration which provides motorists a rough ride and increases the cost of operating a vehicle. Repairing roads and highways while they are in good or fair condition greatly reduces long-term preservation costs because of the high cost of repairing roads in poor condition.
More than one-third – 39 percent — of locally and state-maintained bridges (20 feet or longer) in New York show significant deterioration or do not meet current design standards often because of narrow lanes, inadequate clearances or poor alignment.
Improving safety features on New York’s roads and highways would likely result in a decrease in traffic fatalities and serious crashes. It is estimated that roadway features are a contributing factor in approximately one-third of all fatal and serious traffic crashes.
Roadway features that impact safety include the number of lanes, lane widths, lighting, lane markings, rumble strips, shoulders, guard rails, other shielding devices, median barriers and intersection design. The cost of serious crashes includes lost productivity, lost earnings, medical costs and emergency services.
The efficiency of New York’s transportation system, particularly its highways, is critical to the health of the state’s economy. Increased deterioration of New York’s roads and bridges and the lack of needed transportation improvements to serve economic development threaten the state’s economic vitality.
A 2014 report by the Oregon Department of Transportation (ODOT) concluded that allowing its state’s major roads, highways and bridges to deteriorate would result in significant reduction in job growth and reduced state gross domestic product (GDP) as a result of reduced economic efficiency. The report found that the cost of making needed road, highway, and bridge improvements is far less than the potential loss in state economic activity caused by a lack of adequate road, highway and bridge preservation.
Without additional transportation funding at the local, state and federal level, the condition and safety of New York’s roads, highways and bridges will deteriorate.
Sources of information for this report include the Federal Highway Administration (FHWA), the Bureau of Transportation Statistics (BTS), the U.S. Census Bureau, the American Association of State Highway and Transportation Officials (AASHTO), the Texas Transportation Institute (TTI), and the National Highway Traffic Safety Administration (NHTSA). All data used in the report is the latest available.