Combating Nuclear Verdicts in Construction
Nuclear verdicts, the legal judgments that award plaintiffs over $10million in payouts, are on the rise. Post-pandemic, the number of cases has skyrocketed, and the median nuclear verdict against corporate defendants exceeded $41million in 2022. The construction industry is not immune to these threats. In 2021, a jury issued a $74 million verdict against an […]
Facing Serious Labor Shortages, Construction Needs a New Approach
The construction industry is at a critical juncture. Just as construction spending is forecast to accelerate, construction companies are faced with numerous challenges that will impact their ability to hire, including a growing skills gap, an aging workforce, and an increasing turnover rate. According to data from the U.S. Bureau of Labor Statistics’ Job Openings […]
The Next Frontier for Technology in Construction: 2-Way Engagement with Your Crew
At Tenstreet Construction, our goal is to advance a culture of safety that is data-driven, proactive, and bottom-up as well as top-down. Our approach is guided by the learnings from our parent company, Tenstreet’s successful experience in creating the largest interactive network of drivers and carriers in the trucking industry. What’s the similarity between trucking and […]
