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Daily news and top headlines for manufacturing professionals

Survey: Shippers Favor Rails Over Truckers

March 17, 2009 7:18 am | by Edited by Manufacturing.net Staff | News | Comments

Supply chain managers surveyed by Longbow Research said current economic environment favors rails, and availability of adequate rail capacity replaced fuel prices as a top concern.

Congress May Defund Mexican Truck Program

March 5, 2009 5:14 am | by Suzanne Gamboa, Associated Press Writer | News | Comments

Lawmakers are preparing to cut off the money for a 1½-year-old pilot program that opened the way for up to 500 Mexican trucks from 100 operators to drive deeper into the U.S.

Russia's Largest Automaker To Halt Production

March 4, 2009 5:11 am | by Nataliya Vasilyeva, AP Business Writer | News | Comments

AvtoVAZ has stopped production again due to a renewed dispute with parts suppliers, which request being paid fully in cash as they are hit hard by the credit crunch.

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ArvinMeritor Gets Drivetrain Defense Contract

February 26, 2009 6:12 am | BAE Systems, Lockheed Martin | News | Comments

Automotive parts maker will supply drivetrains for defense contractors Lockheed Martin Corp. and BAE Systems under a $20 billion military vehicle program.

UPS Exec Warns Against Protectionism

February 25, 2009 9:38 pm | by Harry R. Weber, AP Business Writer | News | Comments

Head of global shipping giant UPS warned Thursday against buying into the argument that global trade siphons away U.S. jobs.

Japan Reports Record Trade Deficit In January

February 25, 2009 4:12 am | by Tomoko A. Hosaka, Associated Press Writer | News | Comments

Ministry of Finance said the trade deficit for the month widened to $9.92 billion -- the biggest gap since 1979 -- as exports fell 46 percent.

Truck Congestion Revives Marine Shipping

February 23, 2009 4:25 am | by Steve Szkotak, Associated Press Writer | News | Comments

Heavy highway congestion and increased concerns about fuel prices and global warming in recent years have revived interest in shipping more of the nation’s freight via boats.

Majority Of Truckers Report Falling Demand

February 19, 2009 6:17 am | by Edited by Manufacturing.net Staff | News | Comments

Survey by Longbow Research found about 84 percent of participants say that demand for truckload services declined year-over-year during January.

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U.S. Gov't Wants Stricter Food Labels

February 18, 2009 4:32 am | by Mary Clare Jalonick, Associated Press Writer | News | Comments

Obama administration wants labels for fresh meat and other foods that would show more clearly where it came from, according to consumer groups briefed on the issue.

Businesses Cut Inventories In December

February 12, 2009 7:15 am | by Marcy Gordon, AP Business Writer | News | Comments

Commerce Department says inventories fell 1.3 percent, far worse than the 0.9 percent decline analysts expected and the largest cut since October 2001.

EU Automakers Want To Scrap S. Korea Trade Pact

February 5, 2009 8:30 am | News | Comments

European car makers called for the European Union to scrap a draft free-trade deal with South Korea, saying it won't let them increase exports during a sales slump at home.

ThyssenKrupp To Delay Production At Alabama Plant

January 23, 2009 7:52 am | News | Comments

German corporation said it will delay the planned start of stainless steel production at a $4 billion plant in Alabama.

OPEC Ready To Cut Oil Output

December 17, 2008 2:00 am | by George Jahn, Associated Press Writer | News | Comments

Saudi Arabia said Wednesday OPEC will slash a record 2 million barrels from its daily production as of Jan. 1, while Russia and other OPEC outsiders announced their own cutbacks.

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OPEC Cuts 2009 Demand Projection

December 16, 2008 5:30 am | News | Comments

In its December Monthly Oil Report, OPEC said world oil demand was forecast to average 85.7 million barrels per day in 2009, down 150,000 barrels per day from 2008 levels.

Parts Suppliers Willing To Work With Automakers

December 16, 2008 4:37 am | News | Comments

Closely tied to the success of GM and Chrysler, auto parts suppliers are trying not to panic and demand cash on delivery from the carmakers that are running low on cash.

Kuwait Says OPEC Ready To Cut Production

December 15, 2008 4:35 am | News | Comments

Oil minister for Kuwait says OPEC is ‘undoubtedly inclined’ to cut production in its upcoming meeting in Algeria to shore up oil prices.

OPEC Wants Russia To Cut Production

December 14, 2008 7:10 pm | by Catrina Stewart, Associated Press Writer | News | Comments

As OPEC meets in Algeria this week, attention has turned to Russia and whether the world's second-largest energy producer has the willingness, or the ability, to help stop tumbling prices.

Boeing's 787 Dreamliner Delayed Again

December 11, 2008 4:35 am | by Daniel Lovering, AP Manufacturing Writer | Airbus, Boeing | News | Comments

Recent Machinists’ strike and production glitches forced Boeing to delay the first flight of its 787 Dreamliner jet to the second quarter of 2009 and push deliveries to the following year.

Report: Boeing May Further Delay 787 Deliveries

December 5, 2008 4:15 am | Airbus, Boeing | News | Comments

Boeing may postpone the first deliveries of its long-awaited 787 jetliner by at least six more months due to a recent strike by union workers and other production glitches.

Vale To Cut Nickel Output In Canada

December 4, 2008 8:55 am | by Alan Clendenning, AP Business Writer | News | Comments

Brazil's Vale mining company will reduce output of nickel in its Canadian division and has launched a voluntary retirement program to cut jobs for the unit.

Airbus, Boeing Could End Up With 'White Tail' Jets

December 3, 2008 9:40 am | by Greg Keller, AP Business Writer | Airbus, Boeing | News | Comments

Rivals Airbus and Boeing are carefully managing their bulging order books so that delayed or canceled orders from airlines don't turn into ‘white tails’ -- jets built with nowhere to go.

Rohm And Haas Cuts Ties With ChemPoint

December 1, 2008 5:00 am | News | Comments

Specialty materials company said its powder coatings business will discontinue its distribution relationship with ChemPoint in order to provide directly to customers.

Experts: Auto Industry Suppliers In Danger Also

November 17, 2008 5:20 am | by Bree Fowler, AP Auto Writer | News | Comments

Financial woes of U.S. auto suppliers have the potential to set off a cataclysmic chain of events in the industry if key parts makers run out of cash and fail, say automotive analysts.

September Wholesale Inventories Make Surprise Drop

November 7, 2008 5:28 am | by Christopher S. Rugaber, AP Business Writer | News | Comments

Commerce Department says wholesale inventories held by distributors fell 0.1 percent in September, as companies cut stockpiles in the face of the economic slowdown.

Analyst: Coca-Cola, Bottler Could Reach Deal Soon

November 4, 2008 9:57 am | News | Comments

Morgan Stanley analyst told investors that Coke and its biggest bottler, Coca-Cola Enterprises, are likely to form a supply-chain management company by the end of the year.

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