Business, Equipment

Commercial Vehicle Production to Fall 20% Globally in 2020, IHS Forecasts

Commercial vehicle production A Mack truck cab on the assembly line. (Luke Sharrett/Bloomberg News)

Global commercial vehicle production will plunge 20% this year compared with 2019, with the North American market slumping more than 30%, according to an analysis from IHS Markit.

Jerry Hirsch | Contributing Writer
April 20, 2020
Government, Business

Factory Gauge Sinks to Lowest Since 2016 as Exports Drop

Factories Daniel Acker/Bloomberg News

U.S. manufacturing activity deteriorated in July to an almost three-year low, dragged down by slower production and shaky export markets that help explain the Federal Reserve’s decision to reduce interest rates July 31.

Ryan Haar | Bloomberg News
August 1, 2019
Business, Equipment

Class 8 Production Hits 19-Month High

Production TT File Photo

North American Class 8 production reached a 19-month high in June after stronger orders earlier this year, according to ACT Research Co.

July 24, 2017
Business, Technology, Equipment, Safety, Autonomous

Mining Companies Looking at New Fleets, Could Use Autonomous Trucks to Save Millions

Komatsu dump truck Komatsu

Mining companies in Australia, the world’s biggest exporter of iron ore and coal, are poised to approve fresh investments in projects, driven by rallying commodity prices and the need to replace depleting deposits, according to global equipment supply giant, Komatsu Ltd.

July 17, 2017
Business, Equipment

May Truck Sales Fall 6%

truck sales

U.S. retail sales of Class 8 trucks fell 6.1% in May, but still topped 16,000 units for the highest volume of 2017 as sales started to align with the improvement that orders and production have shown this year, experts said.

Roger Gilroy | Senior Reporter
June 19, 2017

Factory Production Increases More Than Expected

Ron Antonelli/Bloomberg News

Factory production in the United States grew 0.5% last month, the fastest pace in a year, as mining rebounded and utility use climbed, data from the Federal Reserve showed Aug. 16 in Washington.

Michelle Jamrisko | Bloomberg News
August 16, 2016

Factory Production Rises in February for Second Month

Greenbrier Companies Inc.

Factory production rose in February for a second month, boosted by demand for business equipment and indicating U.S. manufacturing may be starting to stabilize.

Michelle Jamrisko | Bloomberg News
March 16, 2016

Factory Production Declines for Second Month

Meg Roussos/Bloomberg News

Factory production declined in December for a second month as a stronger dollar and softer U.S. and global growth pinch manufacturers.

January 15, 2016

Factory Production Rises on Record Vehicle Assembly

Tim Boyle/Bloomberg News

Factory production rose more than economists forecast in July on record automobile assembly, indicating American manufacturing is regaining its footing after a slowdown.

Sho Chandra | Bloomberg News
August 14, 2015

General Motors to Re-Enter US Medium-Duty Market

TT File Photo

General Motors Co. plans to return to the U.S. medium-duty truck market in 2016 through a manufacturing agreement with Isuzu Motors Ltd.

June 15, 2015