manufacturing

Owners of industrial real estate, which encompasses warehouses that support logistics and manufacturing, hold a more bullish outlook than do investors in other commercial property assets, although they are far more conservative on price appreciation than they've been in recent months, according to...

The GBP/USD pair staged a late rebound on Friday and managed to recover over 80-pips intraday to finally end the day comfortably above the 1.2600 round figure mark. Persistent Brexit/UK political uncertainties continued to dent sentiment surrounding the British Pound and dragged the pair to its...

ISM manufacturing PMI is expected to rise slightly The US/China trade dispute and Brexit take a toll on optimism Manufacturing employment remains healthy The Institute for Supply Management will release its purchasing managers’ index in manufacturing at 10:00 am EDT, 14:00 GMT on Monday...

FreightWaves is providing a forum – Market Voices – for a number of market experts.  Last week I wrote about why the ongoing decline in lumber shipments and the ongoing decline in housing starts should be a growing concern, and that continued contraction in this industry had several significant...

Manufacturers' new orders for durable goods tumbled in April, driven by a reversal in commercial aircraft orders. This is the latest in a series of disappointing releases from manufacturing, and raises some questions about the health of one of the key drivers of freight demand given recent...

Ford Motor Co. (NYSE: F) will cut about 7,000 white-collar jobs, about 500 of them this week in the U.S., as part of a major restructuring designed to save the automaker about $600 million per year. About 1,500 salaried U.S. employees left the company through voluntary buyouts that began last year...

Economic data from the goods side of the economy continued to underperform in April, as both retail sales and industrial production unexpectedly declined during the month The Census Bureau reported that total retail sales fell 0.2 percent in April from March's levels. This fell short of...

Workhorse Group (NASDAQ: WKHS) is in the final stages of acquiring General Motors' (NYSE: GM) Lordstown Complex in Lordstown, Ohio, GM said in a statement on May 8, 2019. Under the terms of the deal, which has not been finalized, a newly formed entity led by Workhorse founder Steve Burns...

  Chillicothe, Ohio, is the 76th-largest city in Ohio, and had just 21,901 residents in 2010, according to the U.S. Census Bureau. Yet, the city that sits approximately 45 miles south of Columbus along the Scioto River has a unique history. The city was both the first, and third, capital of...

  Kenworth will increase the size its Chillicothe, Ohio, manufacturing plant by nearly 25 percent once a new paint facility comes online in early 2021, the company said at a groundbreaking for the new building on April 24, 2019. The $140-million, 120,000-square-foot building will sit...

  The Greenbrier Companies (NYSE: GBX) is planning to buy the manufacturing arm of American Railcar Industries as a way to increase its North American presence. Oregon-based Greenbrier, a railcar manufacturer that serves markets in North America, Europe, Saudi Arabia and Brazil, will acquire...

There’s an elephant in the room—an elephant arguably the size of a 737 MAX airliner—as Boeing Co (NYSE: BA) prepares to report Q1 earnings this coming Wednesday morning. Investors could be on the edge of their seats waiting for Boeing to provide more clarity on aircraft...

EUR/USD dropped to the mid-1.1200s following weak German data.  The US retail sales report is eyed ahead of the weekend. The technical picture has significantly worsened for the pair. EUR/USD finally moved out of range, falling down and hitting a one-week low. Euro-zone PMIs triggered the...

  Archer Daniels Midland Co. (NYSE: ADM), one of the largest agricultural processors in the world, is offering buyouts to an unspecified number of employees, an offer that expires on June 30, 2019. ADM did not disclose how many employees had been invited to retire early. A spokesperson for...

Industrial output in the economy continued to struggle in March, as a stalled manufacturing sector continues to weigh on freight demand in the economy. The Federal Reserve released results from the industrial sector, showing that total industrial production fell by 0.1 percent in March from...