03 Oct Morgan Truck Body Makes Larger Version of Proscape Door-Ramp Morgan Truck Body, a manufacturer of light- and medium-duty truck bodies, announced the launch of a larger version of its Proscape Van door-ramp, according to an Oct. 2 news release. Read more...
03 Oct Equipment Financing Shoots Up 3% in August, Says ELFA Overall new business activity for 25 key American equipment financiers was up 3% to $9.2 billion in August, year over year, according to the Equipment Leasing and Finance Association. Read more...
03 Oct In Search of Bipartisanship, Congressional Leaders Point to Transportation Bill The ongoing impeachment inquiry of President Donald Trump in the U.S. House of Representatives threatens to halt the legislative agenda for the rest of the year and possibly longer, but a comprehensive transportation policy bill is still on the table as the issue remains one of the few vestiges of bipartisanship on Capitol Hill. Read more...
03 Oct Coal State Pennsylvania Is Joining Carbon Market Pennsylvania, the heart of the U.S. shale-gas boom and one of the biggest coal-producing states, is joining a carbon market. Read more...
03 Oct Technology Should Be Majority Player in Supply Chain, Coyote Says Supply chain managers should give AI and other technologies 60% of tasks, according to a recent report by Coyote Logistics, a UPS Inc. subsidiary based in Chicago. Read more...
03 Oct Services Gauge Drops to Three-Year Low America’s service industries joined manufacturing in taking a big step back last month, fueling concerns that the global slowdown and trade war are weighing more on the broader economy. Stocks, the dollar and Treasury yields all fell after the report. Read more...
03 Oct Class 8 Orders Off 71% From Year-Ago Levels North American Class 8 orders in September cleared 12,000 units, ACT Research reported, citing preliminary data, but the volume remained just a faint shadow of what occurred a year earlier. Read more...
03 Oct China’s Soy-Buying Spree May Signal Prudence Before Talks Chinese firms have been snapping up U.S. soybeans this week, but don’t mistake this as a sign of buyer confidence in upcoming trade talks. Read more...
03 Oct Weak Jobs Outlook Echoes Disaster-Hit Months The last time U.S. payroll forecasts were this low, hurricanes had slammed the country in 2017, temporarily closing businesses. Or go back to 2013 when there was a federal government shutdown. Read more...
03 Oct Pepsi Says Higher Prices Haven’t Quenched Consumer Demand PepsiCo Inc. is getting a boost from higher prices on its drinks and snacks, a sign U.S. consumers still feel good amid recent indicators of a looming economic slowdown. Read more...