A rebound of the American economy may not be as strong as originally hoped, with news that shipments and orders for durable goods fell in June
Read More →A pickup in volumes and backlog for trailer products indicates that the domestic economy is improving, says Douglas Smith, president and CEO of Lufkin Industries
Read More →Truckers in Connecticut are upset about a large increase in the state’s diesel fuel tax. Many states have been looking to fuel tax revenues to help shore up ailing transportation budgets in the face of a lackluster economy, but Connecticut’s 44-percent increase takes the cake
Read More →The U.S. economy grew at a rapid pace in the first quarter of the year, with the gross domestic product registering a 6.1% annual increase
Read More →The U.S. economy appears to be looking better, with news Friday that industrial production increased for the fifth month in a row during May while business inventories fell for the 15th straight month during April
Read More →Several indicators are giving mixed signals about how well the economy is performing as well as how things may look down the road
Read More →A slew of economic reports released Tuesday morning paint a picture of a U.S. economy that will most likely be slow in its recovery
Read More →The U.S. economy posted its strongest performance in almost two years during the first quarter of 2002, according to the U.S. Commerce Department
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Orders for new International Class 8 trucks have doubled in the last couple of months, but Truck Group President Steve Keate remains optimistic that the upturn is mainly due to the economy, not pre-buying to beat Oct. 1 emissions
Read More →Paccar has increased production of its Kenworth and Peterbilt trucks, but is cautioning investors that the recent upturn in Class 8 demand may have little to do with the economy
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