New York Manufacturing Index Jumps
Manufacturing activity in the New York region expanded in February at the fastest rate since June 2010, the Federal Reserve Bank of New York said Wednesday.
February 15, 2012Obama Wants $330 Million to Combat Distracted Driving
President Obama has included $330 million for programs to combat distracted driving in his six-year transportation spending plan, as part of the administration’s proposed 2013 budget.
Daimler Trucks’ 4Q Earnings Rise
Daimler Trucks’ fourth-quarter earnings before interest and taxes rose 5% to 422 million euros ($569.7 million), reflecting a 22% increase in worldwide truck sales, parent company Daimler AG said.
February 9, 2012Factory Orders Rise for Second Straight Month
Factory orders rose 1.1%, the second straight increase, the Commerce Department reported.
February 3, 2012Cummins’ Profit Rises for 4Q, Year
Diesel engine maker Cummins Inc. on Thursday said its fourth-quarter profit rose from a year ago as sales climbed to a quarterly record.
February 3, 2012Meritor’s Fiscal 1Q Loss Widens
Truck components maker Meritor Inc. said Thursday it lost $22 million, or 23 cents per share, in its fiscal first quarter, compared with a net loss of $2 million, or 3 cents, a year ago.
February 2, 2012ISM Manufacturing Index Hits 7-Month High
January U.S. manufacturing activity rose to the highest level since June, the Institute for Supply Management said Wednesday.
February 1, 2012Regulations Rile Heavy-Duty Manufacturers
LAS VEGAS — Manufacturers of truck components and parts meeting here bristled at the Obama administration’s regulatory policies, calling them onerous and difficult to comply with, while the president of American Trucking Associations said his industry probably will not get what it craves most this year, a new, comprehensive federal transportation plan.
January 30, 2012Daimler to Add 1,200 Jobs at N.C. Plants in Recovery
MIAMI BEACH, Fla. — With its Class 8 truck order book overflowing and all signs pointing to a continuing market recovery, Daimler Trucks North America said it will add a second shift to its primary U.S. production facility, creating 1,200 new jobs.
January 16, 2012Factory Orders Rise in November
Factory orders increased 1.8% in November, the biggest gain in four months, the Commerce Department said Wednesday.
January 4, 2012