US Construction Industry Strains Under Surging Material Costs

US Construction Industry Strains Under Surging Material Costs

The Associated General Contractors of America (AGC) urges the Biden administration to address soaring construction material prices, particularly lumber. High tariffs and supply-demand imbalances are driving up costs, severely squeezing contractor profit margins and threatening economic recovery. The article analyzes the root causes of the problem and its potential impact, emphasizing the necessity of government intervention to alleviate the financial strain on builders and ensure the continued stability and growth of the construction sector.

01/19/2026 Logistics Industry Insights
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Construction Firms Tackle Soaring Costs Amid Supply Chain Crisis

Construction Firms Tackle Soaring Costs Amid Supply Chain Crisis

The construction industry is grappling with soaring raw material prices. Multiple factors, including the pandemic, supply chain bottlenecks, trade policies, and natural disasters, have caused significant price increases in key construction materials like steel and lumber, impacting project costs and timelines. Construction companies should adopt strategies such as material substitution, shortening bid validity periods, and negotiating contract terms. Embracing innovative technologies like lean construction and prefabricated building is also crucial to navigate this 'cost winter'.

01/19/2026 Logistics Industry Insights
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National Logistics Hub Construction: Current Status Analysis and Future Outlook

National Logistics Hub Construction: Current Status Analysis and Future Outlook

The government's focus on logistics hubs has enhanced the efficiency of logistics systems. As critical nodes, logistics hubs are essential for regional economic growth and competitiveness. Despite continuous improvements in infrastructure and service capabilities, issues such as high costs and unequal service persist. In the future, modernization and smart logistics will be further promoted through policies, technology, and market initiatives.

07/17/2025 Logistics
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Cold Chain Warehousing Adapts to Postpandemic Market Shifts

Cold Chain Warehousing Adapts to Postpandemic Market Shifts

According to a report by Colliers, the cold chain storage industry is undergoing transformation, with a stark contrast between post-pandemic market demand and construction speed. Faced with high vacancy rates and inflationary pressures, developers need to reshape their architectural strategies to enhance industry efficiency and sustainability.

08/06/2025 Warehousing
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China Ports Association Advances Port Modernization and Global Expansion

China Ports Association Advances Port Modernization and Global Expansion

The China Port and Dock Association (CPHA), as the national industry organization, is committed to promoting the modernization of port infrastructure, enhancing international competitiveness, and fostering cooperation and information sharing within the industry. Additionally, it actively participates in the construction of the global shipping network and sustainable development.

08/05/2025 Port Encyclopedia
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