01 Aug US Construction Spending Fell 1.1% in June WASHINGTON — Spending on U.S. construction projects fell 1.1% in June, the biggest decline in more than a year as spending on public construction dropped at the highest rate in more than five years. Read more...
01 Aug Vancouver Port Celebrates Completion of Freight Rail Project Port of Vancouver administrators, along with political and industry leaders, stood atop a small stage in a largely vacant marine terminal the morning of July 31 to celebrate the completion of the $251 million West Vancouver Freight Access project. Read more...
01 Aug US Factories Grew at a Slower Pace in July WASHINGTON — U.S. factories grew at a slower pace in July, but American industry remains healthy despite growing concern about trade conflicts. Read more...
01 Aug Bendix Spicer Executive: Air Disc Brakes Offer Safety Safety is among the main benefits of air disc brakes while drum brakes “will still fill certain needs” at some fleets, an executive with Bendix Spicer Foundation Brake said. Read more...
01 Aug Wabash Posts Strong Second-Quarter Results, Highlights E-Commerce, Home Delivery Trailer maker Wabash National Corp. reported second-quarter revenue hit an all-time high as net income jumped 39%. Read more...
01 Aug Major Car Exporters Weigh Response to Trump’s Threat of Tariffs Trade officials from the world’s top car-exporting nations agreed to respond if President Donald Trump slaps new U.S. tariffs on autos and auto parts. Read more...
01 Aug Why the Trucking Shortage Is Costing You A shortage of truck drivers that has been simmering in the United States for years has reached a full boil, causing anxiety from small factories to the Federal Reserve. Read more...
01 Aug Volkswagen Posts Profit Increase, Cautions Against ‘Protectionism’ FRANKFURT, Germany — Volkswagen said its earnings rose in the second quarter on record sales and fatter profit margins but warned that “growing protectionism” is a threat to the globally connected car industry. Read more...
01 Aug Marathon Reports $1 Billion in 2Q Earnings Marathon executives touted earnings of more than a billion dollars in the second quarter this year and said the oil company is making progress in a proposed merger with a Texas-based refiner. Read more...
01 Aug ADP Survey: US Companies Add 219,000 Jobs in July WASHINGTON — U.S. businesses added 219,000 jobs in July, a private survey found, a robust total that suggests employers still are able to find the workers they need despite the low unemployment rate. Read more...