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By MMH Staff · December 21, 2016
Precision machining capabilities will support expansion of engineering, design, fabrication and polyurethane production.
By LM Staff · December 21, 2016
Seasonally-adjusted (SA) for-hire truck tonnage in November at 142.4 (2000=100) was up 8.2 percent compared to October, following a 0.3 percent October dip from September.
By Jeff Berman · December 21, 2016
Quarterly revenue at $14.93 billion was up 16.6 percent annually, operating income at $1.167 billion was up 2.6 percent, and net income at $700 million was up 1.3 percent. Earnings per share at $2.80 were up 7.9 percent annually but did not meet Wall Street expectations of $2.91 per share.
By Josh Bond · December 20, 2016
IDC releases predictions that suggest manufacturers slow to adapt will not survive, but leaders will also face a new set of challenges
By LM Staff · December 20, 2016
The average price per gallon of diesel gasoline increased 3.4 cents this week to a 2016 high of $2.527 per gallon, according to weekly data issued by the Department of Energy’s Energy Information Administration (EIA). The previous 2016 high was reached the week of December 12, when it was at $2.493 per gallon.
By Jeff Berman · December 20, 2016
Reverse logistics processes will be looked to more than ever for retail shippers, with industrial real estate firm CBRE calculating that the total value of returned goods purchased online during the 2016 holiday season will be between $14 billion to almost $29 billion (out of total holiday e-commerce sales of $95 billion). That was a key takeaway from the firm’s recently report, entitled: “Holiday Stress: E-commerce and the Rapidly Rising Rate of Return.”
By MMH Staff · December 20, 2016
Articulated robots are the largest segment, accounting for $12.97 billion following increasing usage in packaging and healthcare sectors. Food and beverage industry expected to post highest growth rate at 7%.
By MMH Staff · December 19, 2016
Survey finds 89% of students were more aware of manufacturing jobs in their communities after Manufacturing Day.
By MMH Staff · December 19, 2016
Association for Advancing Automation presents data from daughter organizations Robotic Industries Association (RIA), Motion Control and Motor Association (MCMA) and Automated Imaging Association (AIA).
By Josh Bond · December 19, 2016
IDC releases predictions that suggest manufacturers slow to adapt will not survive, but leaders will also face a new set of challenges.
By Jeff Berman · December 19, 2016
While shipments were down, the report noted that it does not create a major cause for concern, with some degree of normal seasonality at work, coupled with Donald Broughton, the report’s author and transportation analyst at Avondale Partners, noting that on an industry and anecdotal basis market sentiment indicates there are daily reports of stronger shipment volume in almost all modes of freight transportation.
By MMH Staff · December 16, 2016
Since November, 14% more executives -- nearly half of those surveyed -- expect economic conditions to improve in the next four months.
By Jeff Berman · December 16, 2016
For October, the most recent month for which data is available, the ICI headed up to 5.26 from 4.95 in September. FTR said this increase points to what it called continued moderately favorable conditions affecting the intermodal segment, adding that while the pace of intermodal growth is down annually, signs of mild improvement are intact.
By Jeff Berman · December 15, 2016
Total November POLA volume at 877,564 TEU (Twenty-Foot Equivalent Units) posted a new all-time monthly record for the port, topping October’s 814,574 TEU, with November up 23.6 percent on an annual basis. POLB November volumes fell 13.8 percent annually to 534,308 TEU, with port officials citing shifting alliance routes and the Hanjin bankruptcy still impacting volumes.

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