manufacturing

In this episode of FreightWaves NOW, Market Expert Donny Gilbert examines tender rejections in markets across the country for the Carrier Update, Market Expert Luke Falasca showcases a brand new chart in the Broker update, and Market Expert Andrew Cox discusses a talent war in the Manufacturing...

The market closes the books on 2019 today, marking the final chapter in a record-breaking year. As we enter the new year, investors may want to keep an eye on the U.S. embassy situation in Iraq as situations in the Middle East can escalate and perhaps affect the oil market and, if they get big...

Welcome to the last trading week of the decade. The market is in the middle of the Santa Claus rally period—so-called because the last five trading days of the year and the first two of the new year are often kind to stocks.  This rally has been fueled by strong retail industry news,...

The decision by China and the U.S. to pull back from another escalation of their mutually destructive tariff war is unlikely to stop the continued migration of multinational corporations (MNC) from China as they seek to avoid tariffs and diversify risk. As reported in FreightWaves earlier this...

Manufacturing sales fell in Canada in October as the impact from the General Motors Company (NYSE: GM) strike in the U.S. weighed on the auto sector amid lackluster performance from other industries. The 0.7% decline, appearing in data released by Statistics Canada on Dec. 17, was still worse than...

German-based chemical company BASF has reportedly planned to build a cathode factory to the tune of €500 million in the state of Brandenburg, Germany, that will cater to materials for the battery production of electric cars. The existing BASF plant in Schwarzheide, Brandenburg, accommodates 1,973...

At the annual Goldene Lenkrad (Golden Steering Wheel) auto awards ceremony in Germany, Elon Musk, the CEO of Tesla Inc (NASDAQ: TSLA), announced that the electric carmaker will commence plans on its next manufacturing hub – the Gigafactory – in Berlin. If the plans come to fruition, this will be...

General Motors Company (NYSE: GM) reported that it has temporarily suspended production of its Chevrolet Blazer SUV at its manufacturing plant in Ramos Arizpe, Mexico. Production of the Blazer will be halted due to the shortage of parts caused by the strike of 48,000 United Auto Workers against...

This week, it gets real. Real in the sense that investors will finally have something solid to trade on and not just the latest back and forth around trade talks with China—like the one that helped spike stocks on Friday and now has them looking softer (see more below). The backbone of the...

Haldex Brake Products Corp., a Swedish brake and suspension manufacturer for heavy-duty trucks, announced on October 8 that it is shuttering its manufacturing facility in Blue Springs, Missouri, laying off around 154 workers, and will be moving production to Mexico. The move to Mexico is expected...

The United Auto Workers (UAW) strike against General Motors Company (NYSE: GM) continues to take a toll on its  Mexico-based facilities. GM announced October 7 it was temporarily laying off 415 workers at its plant in the Mexican city of Ramos Arizpe, around 200 miles from the U.S.-Mexico border...

As U.S.-China trade tensions escalated earlier this year, President Trump demanded U.S. companies "immediately start looking for an alternative to China, including bringing your companies HOME and making your products in the USA." There is growing evidence that only half of his order is being...

Canadian auto parts maker Linamar warned that the General Motors Company (NYSE: GM) strike is hurting its earnings by as much as C$1 million per day. Linamar's stock fell by as much as 13% during trading on October 3 after the company made the disclosure in a mid-quarter update. The loss in...

Officials with the McAllen Economic Development Corporation (MEDC) will soon take a second tour of China to look for new partnership opportunities in that country. Keith Patridge, president and chief executive officer of the MEDC, said they hope to a land Chinese manufacturing plant during the...

October is off to a shaky start and the slide continues this morning, but let’s keep things in perspective. We’re not even two days into the month, and Halloween is a long way off. Let’s not scare ourselves too early. Instead, you could look at October as a month where we still...