Category: Logistics

September 10, 2019

Many farmers are angry, and some are directing their anger not at the Republican president, but at Washington’s bureaucracy. Trump has faced backlash from agricultural groups, ethanol producers and Midwestern politicians upset that his trade war with China has slashed […]

September 9, 2019

U.S. manufacturing technology orders totaled $383.7 million in July 2019, an increase of 7% over June 2019 but a fall of 5% from July 2018, according to the latest U.S. Manufacturing Technology Orders Report published by AMT – The Association […]

September 5, 2019

(Reuters) – Preliminary estimate of total insured and uninsured losses in the Bahamas from Hurricane Dorian is $7 billion, catastrophe modeling company Karen Clark & Company (KCC) said on Thursday. The estimated includes building, contents, and business interruption exposures for […]

September 3, 2019

U.S. factory activity unexpectedly contracted in August for the first time in three years as shrinking orders, production and hiring pushed a widely followed measure of manufacturing to its lowest level since January 2016. The Institute for Supply Management’s purchasing […]

August 22, 2019

Trump is telling voters across the country that the economy is booming and jobs are growing. But the blow to factory employment is more pronounced in places like Pennsylvania, Ohio and Wisconsin than in the rest of the country. While […]

August 12, 2019

NEV sales fell to 80,000 units last month in China. That compared with a growth of 80% in NEV sales in June. Overall auto sales in the world’s biggest vehicle market fell 4.3% in July, down for a 13th consecutive […]

August 8, 2019

With Uber set to report after Wall Street closes, analysts were excited by Lyft’s 72% rise in second-quarter revenue and its assertion higher spend per rider – read higher prices – would pull both third quarter and full-year sales above […]

July 31, 2019

DETROIT — General Motors investors will see on Thursday how the Detroit carmaker is weathering declining sales and mounting price pressures in its largest markets when it reports second-quarter earnings. Slumping industry demand in China, the world’s largest auto market, […]

July 31, 2019

(Reuters) – Shares of Apple Inc (AAPL.O) rose 4.2% on Wednesday, after the company calmed Wall Street nerves with an improvement in sales in China and as several brokerages predicted a boost from its services business and the launch of […]

July 30, 2019

Penske Automotive Group Inc.’s second-quarter income fell as weak market conditions in the United Kingdom hurt new-vehicle sales and used-vehicle profits in that market. Net income for the nation’s second-largest dealership group dropped 12 percent to $118.5 million. Revenue dipped […]