Thursday, January 18, 2018
Business
Report: U.S. logistics industry poised for rebound

Report: U.S. logistics industry poised for rebound

LOMBARD, Ill. — An annual benchmark report released Thursday shows the continued impact of the economic slowdown on the U.S. logistics industry. The 21st Annual “State of Logistics Report” reveals that, continuing the decline reported in 2008, business logistics costs fell to 7.7 percent of U.S. Gross Domestic Product (GDP) in 2009, as compared to 9.3 percent the previous year.

ACT boosts Class 8 production forecast for 2010, 2011

ACT boosts Class 8 production forecast for 2010, 2011

COLUMBUS, IN – A strengthening North American economy and improving supply/demand balance of freight hauling truck capacity are primary factors in a continuing rebound of orders and production of commercial vehicles, according to the market analysts at ACT Research Co. (ACT).

Obama’s greenhouse gas rules survive Senate vote

Obama’s greenhouse gas rules survive Senate vote

WASHINGTON — In a boost for the president on global warming, the Senate on Thursday rejected a challenge to Obama administration rules aimed at cutting greenhouse gas emissions from power plants and other big polluters.

Retail sales plummet by largest amoung in 8 months

Retail sales plummet by largest amoung in 8 months

WASHINGTON — Retail sales plunged in May by the largest amount in eight months as consumers slashed spending on everything from cars to clothing. The big drop raises new worries about the durability of the economic recovery.

Class 8 sales slip in May, but 2010 continues to improve

Class 8 sales slip in May, but 2010 continues to improve

Heavy-duty truck sales in May slipped 8.5 percent from April, but continued to show the expected improvement from the year before.

Trade deficit rises as demand for exports slips

Trade deficit rises as demand for exports slips

WASHINGTON — The U.S. trade deficit rose to the highest level in 16 months as exports fell for the second time in three months, a potentially worrisome sign that Europe's debt troubles are beginning to crimp American manufacturers.

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