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A DaimlerChrysler AG board member responsible for commercial vehicles said he expects the current slowdown in the U.S. heavy truck market to continue up to 2002
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Manufacturing activity declined marginally in April after a big drop in February, with the ISM index of manufacturing activity falling to 45.4 from 46.2 based on a survey of industrial buyers
Read More →During an interactive session at the 2009 Intermodal Expo and TransComp in Anaheim, Calif., this week, 44 percent of the audience said they expect the economic recovery to play out in a "U" shape, or a slow upturn. Meanwhile, 26 percent anticipate a "W" shape, or a double dip in economic activity. For the most part, panelists agreed with the audience and expect an elongated "U,"
Read More →Oliver Rubber Company, Greenville, S.C. will increase prices for its retread rubber products by 5 percent effective June 1
Read More →Construction of new homes and apartments rose to their highest level in 16 years during January, while the number of new building permits fell. The U.S. Commerce Department this week reported a 0.2% increase in construction compared to Decembe
Read More →The U.S. Producer Price Index fell 0.1 percent in April, following an increase of 0.7 percent in Marc
Read More →Another 663,000 jobs were lost in March and unemployment rose, while for-hire trucking payrolls fell nearly 15,000. However, there were some glimmers of hope in some numbers last week that are used to measure the manufacturing sector
Read More →After falling for two straight months, new orders for manufactured durable goods gained 0.3 percent to $193 billion in Jul
Read More →North American surface transportation trade was down 28 percent in July 2009 from the year-ago perio
Read More →In a bit of surprise good news, durable goods orders rose in June, the biggest jump this year, while new home sales beat analysts' predictions
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