Manufacturing
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Economics
Durable orders tumble in the latest troubling sign for freight demand
Manufacturers' new orders for durable goods declined in April, and details suggest more trouble ahead for freight demand in the…
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Asia-Pacific
Singamas sells five companies to Cosco Shipping for US$565 million
Shipping container maker Singamas Container Holdings (HKEX:716) has announced that it will sell five of its subsidiary companies to Cosco…
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Canada
Kenworth and Chillicothe proving that American manufacturing is alive and well
Chillicothe has a long history in the state, but in the past 45 years, it is the local Kenworth factory…
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Equipment
Kenworth expanding Chillicothe plant by nearly 25 percent with $140M paint facility addition
Kenworth will increase the size its Chillicothe, Ohio, manufacturing plant by nearly 25 percent once a new paint facility comes…
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News
Waymo is setting up a production facility in Detroit to manufacture self-driving cars
Waymo is setting up the world’s first production facility in Detroit that manufactures Level 4 autonomous vehicles.
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Economics
Manufacturing stalls again, capping a disappointing quarter for freight demand
Industrial output in the economy continued to struggle in March, as a stalled manufacturing sector continues to weigh on freight…
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Logistics
Fast Radius raises $48 million to scale up its additive manufacturing capacity
Fast Radius, a leading manufacturing technology company, has announced its Series B financing round of $48 million led by UPS,…
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Economics
April Economic Roundup
The monthly economic roundup summarizes key developments in the macroeconomy over the past month and highlights trends worth watching headed…
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Logistics
Volkswagen partners with Amazon subsidiary to improve operational efficiency
Volkswagen partners with Amazon Web Services, to streamline data coming from its different manufacturing and logistics processes, and create actionable…
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Chart of the Week
Flatbed outlook for 2019 looks significantly worse compared to 2018
Manufacturing numbers are not looking as robust after a booming early 2018. The flatbed freight market may be in line…
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