ISM Manufacturing Index Slips from 7-Month High
U.S. manufacturing activity slipped from a seven-month high in February but showed continued expansion, the Institute for Supply Management said Thursday.
March 1, 2012Chicago Manufacturing Index Rises
An index of manufacturing activity in the Chicago area increased in February, the Institute for Supply Management-Chicago said Wednesday.
February 29, 2012Bendix Begins Brake Fix
TAMPA, Fla. — Bendix Commercial Vehicle Systems said it has distributed the first of more than 130,000 kits to fix a defective brake-system valve, but said the process could take about six months to complete as manufacturers, dealers and fleets scramble to repair more than 67,000 affected U.S. and Canadian trucks.
February 27, 2012Philadelphia Manufacturing Index Rises to Four-Month High
Manufacturing activity in the Philadelphia region expanded at a faster pace in January, reaching a four-month high, the Federal Reserve Bank of Philadelphia said Thursday.
February 16, 2012New 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, 2012