Italian Freight Forwarders Eye Lawsuit After Deadly Genoa Bridge Collapse: Reuters

Article 0 Comments Italian freight forwarders who say their business has been affected by a deadly bridge collapse in Genoa are taking legal advice and considering whether to sue toll-road operator Atlantia if the group is found responsible. The government has blamed an Atlantia unit, which operated the viaduct that […]

Genoa Bridge Was Crumbling onto Homes Below for Many Years Before Disaster

Article 0 Comments People living under the Italian bridge that collapsed last week with the loss of 43 lives had known for years it was crumbling: pieces kept falling on their homes and cars. A month earlier, residents met officials in charge of maintaining the bridge in Genoa to find […]

Operator of Genoa Bridge Says New Steel Bridge Can Be Built in 8 Months

Article 0 Comments The board of the private company that controls the bridge that collapsed in Genoa approved on Tuesday an initial 500 million euros ($576 million) in funding to help victims and finance a new steel bridge that it says can be ready in about eight months. Autostrade per […]

Engineers Determined Genoa Bridge’s Strength Had Reduced by 20%: Report

Article 0 Comments Engineering experts determined in February that corrosion of the metal cables supporting the Genoa highway bridge had reduced the bridge’s strength by 20 percent – a finding that came months before it collapsed last week, Italian media reported Monday. Despite the findings, newsmagazine Espresso wrote that “neither […]

Genoa Bridge’s ‘Unusual’ Design Investigated as Possible Contributor to Collapse

Article 0 Comments The bridge that collapsed in the Italian port city of Genoa was considered a feat of engineering innovation when it was built five decades ago, but it came to require constant maintenance over the years. Its design is now being investigated as a possible contributor to its […]

Benetton Family’s Wealth Drops by $2B After Genoa Bridge Disaster

Article 0 Comments Fallout from the Genoa bridge disaster has erased about $2 billion of net worth from one of Italy’s richest families. The billionaire Benettons control 30.25 percent of Atlantia SpA, the construction company and toll-road owner that operated the Morandi Bridge that collapsed last Tuesday, killing at least […]

Engineering Study Last Year Warned Operator About Stability of Genoa Bridge: Reports

Article 0 Comments An engineering study commissioned by Italian highway operator Autostrade last year warned about the state of the concrete-encased cable stays that held up a bridge that collapsed this week in Genoa, two Italian newspapers reported on Friday. Autostrade per l’Italia, controlled by infrastructure group Atlantia, manages the […]

Italy Bridge Operator’s Shares Drop After Disaster; Supply Chain Impact Expected

Article 0 Comments Italy’s biggest toll-road operator came under heavy stock-market attack on Thursday after Rome criticized it for a deadly bridge collapse this week, moving to revoke its concession and accusing it of failing to ensure the viaduct’s safety. An 80-meter-long section of the bridge, part of a motorway […]

Italy Government Blames Genoa Bridge Operator as Collapse Death Toll Rises

Article 0 Comments Rescuers hunted for survivors among towering slabs of wreckage on Wednesday after a bridge collapse that killed 39, as furious government ministers rounded on the viaduct’s operator, saying it should pay fines and compensation and lose its concession. The 50-year-old bridge, part of a toll motorway linking […]