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The first look by the federal government at orders and shipments of manufactured durable goods in May shows conditions continue improving. More good news came from the housing sector and in consumer confidence.
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Teamster union member employees of the freight operation UPS Freight have overwhelmingly rejected a new contract. Both sides head back to the negotiating table, with a July 31 deadline.
Read More →Line-X Protective Coatings announced the strategic purchase of leading automotive aftermarket supplier, American Aftermarket Group.
Read More →Cadec Global, which helps companies stay connected to their fleets, and privately held global supply chain software provider Ortec announced that the two companies have forged a new agreement that enables Ortec to resell Cadec’s PowerVue software and On-Board Computers.
Read More →The Mahle Group recently relocated the Mahle Clevite Ann Arbor office to Farmington Hills, Mich., where it now joins the corporate Mahle family.
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Accuride Corp. announced it is investing $5.8 million to expand its powder coating capacity with the installation of a new coating line at its steel wheel production facility in Henderson, Ky.
Read More →New trailer orders of 15,660 trailers fell 30% month over month but the result was mostly due a comparison to a very strong April.
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Jonathan Eilen of Hampton, Minn., captured Best of Show honors with his 2007 Peterbilt 379 at the 31st annual Shell Rotella SuperRigs competition held June 20-22 in Tomah, Wis. The winning truck also captured first place in the Best Engine category giving $10,000 to take home.
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Navistar International announced that Andrew J. (A.J.) Cederoth, the company's executive vice president and chief financial officer, will be leaving at the end of the month as part of a planned transition to a new CFO.
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The price of diesel has declined to a level not seen since late last July, according to the new weekly roundup of prices from the U.S. Energy Department. It has fallen 0.3 cents in the past week for a U.S. average of $3.838 per gallon.
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