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.
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.
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.
Automotive parts maker will supply drivetrains for defense contractors Lockheed Martin Corp. and BAE Systems under a $20 billion military vehicle program.
Head of global shipping giant UPS warned Thursday against buying into the argument that global trade siphons away U.S. jobs.
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.
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.
Survey by Longbow Research found about 84 percent of participants say that demand for truckload services declined year-over-year during January.
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.
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.
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.
German corporation said it will delay the planned start of stainless steel production at a $4 billion plant in Alabama.
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.
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.
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.
Oil minister for Kuwait says OPEC is ‘undoubtedly inclined’ to cut production in its upcoming meeting in Algeria to shore up oil prices.
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.
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.
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.
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.
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.
Specialty materials company said its powder coatings business will discontinue its distribution relationship with ChemPoint in order to provide directly to customers.
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.
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.