From Worst to Best: A Shipbuilder's Fortunes Turn Around
Yangzijiang Shipbuilding Holdings Ltd., which specializes in dry-bulk carriers, has rallied 83% in 2017 to lead the benchmark Straits Times Index. The Chinese shipbuilding firm has made a comeback after it won 13 contracts worth $318 million in the first quarter, about 40% of its $823 million worth of orders it won last year.
GE to Cut 575 Jobs at Century-Old Locomotive Plant
General Electric Co. plans to end most locomotive manufacturing at a century-old Pennsylvania factory as the company looks to cut costs amid a sharp downturn in the domestic rail market.
Factory Output Increased 0.2% in June
U.S. factory production increased in June in line with analysts’ forecasts, as demand for natural resources, automobiles and machinery rebounded, Federal Reserve data showed July 14.
July 14, 2017ATA Economic Summit Will Assess Health of Key Industries Using Trucking Services
Fleet executives will get a chance to check out the health of their customers’ industries at an economic summit, where chief economists from nine trade associations provide briefings on the current state of those business groups and what is expected in coming months.
Pence, Ryan to Keynote Manufacturers’ Summit
Vice President Mike Pence and House Speaker Paul Ryan (R-Wis.) are scheduled to deliver keynote addresses at the National Association of Manufacturers annual summit in Washington on June 20-21.
June 16, 2017Manufacturing Expanded Less Than Forecast in April
America’s factories expanded less than forecast in April as measures of orders and employment pulled back, Institute for Supply Management data showed May 1.
Manufacturing in US Kept Expanding at Robust Pace in March
America’s factories continued to expand in March at a robust pace, demonstrating momentum in an industry that struggled for the better part of the past two years, Institute for Supply Management data showed April 3.
US Manufacturing Expands at Robust Pace in March
America’s factories continued to expand in March at a robust pace, demonstrating momentum in an industry that struggled for the better part of the past two years, Institute for Supply Management data showed April 3.
Manufacturing Accelerates for a Fifth Straight Month
Manufacturing growth accelerated in January for a fifth consecutive month on stronger orders and production that signal America’s factories are rebounding.
Manufacturing in US Expands at Fastest Pace in Two Years
American manufacturing expanded in December at the fastest pace in two years, reflecting firmer output and the biggest pickup in orders growth since August 2009.