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ArvinMeritor reported sales of $1.8 billion and net income before special items of $29 million for its third fiscal quarter, ending June 30, 2001
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Over the long term, freight is expected to grow at a stronger pace than the U.S. gross domestic product, said Paul Bingham, managing director of global commerce and transportation at IHS Global Insight
Read More →The widest measure of the nation’s economy performed as first estimated in the final quarter of last year despite a jump in consumer spending, according to a new assessment released Tuesday. Meanwhile, orders for long-lasting durable goods rebounded somewhat in January.
Read More →The latest reading on the health of the nation’s non-manufacturing/service sector of the economy shows it starting the year with slower growth. A separate report shows consumers aren’t paying much heed to recent volatility in financial markets as Federal Reserve officials begin a two-day meeting.
Read More →FCC Equipment Financing, a subsidiary of Caterpillar Financial Services, predicts that the U.S. economy will grow only about 1.5 percent this year, and freight will be flat or even down slightly for 2008
Read More →Activity in the nation’s manufacturing sector has contracted for the second month in a row, and at the fastest rate in six years. Meanwhile, construction spending unexpectedly fell, but remains a bright spot compared to a year ago.
Read More →Third-quarter GDP numbers fuel talk that the Federal Reserve will raise interest rates next month for the first time in many years – despite a disappointing report on manufacturing.
Read More →Personal income and construction spending are on the rise, manufacturing is slowly expanding while consumer spending is down according to different economic reports released Monday
Read More →Defining fuel economy for heavy trucks is like asking how many angels can dance on the head of a pin. The scope of your imagination would be the only constraint to the possibilities
Read More →UPDATED -- The U.S. gross domestic product increased at an annual rate of 4.2% in the second quarter of the year, according to a second estimate released Thursday by the U.S. Commerce Department -- its best pace since the third quarter of last year.
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