American automaker Ford Motor is set to invest $168m in moving the production of its all-new 2016 F-650 and F-750 medium-duty trucks from Mexico to Ohio Assembly Plant in Cleveland from early 2015. The investment will be used to retool ...
Tags: Ford, Medium-Duty Truck
Coal shipments to South Korea from Port Waratah Coal Services' terminals at the Australian port of Newcastle slumped 55% from January to 993,000 mt in February, the company said Thursday. The drop comes after Port Waratah's terminals ...
Tags: Coal Imports, Newcastle Port, Coal shipments
Enjoy Life Foods is expanding distribution of its Free-From line of allergy friendly foods to new channels in North America and new countries across the world. The move is a part of the company's efforts to meet the demand for Free-From ...
Tata Motors today launched 10 new Heavy Commercial Vehicles from its Prima LX range, as a significant step towards ushering in a new era in the Indian trucking landscape. Launching six new heavy trucks in the haulage segment and four in ...
The U.S. textile industry has seen a surge in foreign direct investment over the past 8 months. No less than 8 foreign companies have made public announcements over that period to invest more than $700 million in new U.S. textile facilities ...
Tags: Textile Sector, Yarn-Forward Rule
The European MTBE factor reached its highest level in eleven months Tuesday supported by ongoing demand for exports, according to market sources. The factor was calculated at 1.204, with MTBE FOB ARA at $1,147/mt versus Ebob gasoline at ...
Tags: MTBE Exports, Chemicals
February steel imports are expected to hold at elevated levels seen in January, which was already a near 27% boost from December, according to Department of Commerce data that was updated Tuesday. The US had 2.9 million mt of steel ...
Tags: Steel Imports, Plate products
Less-than-truckload carrier ABF Freight System will increase general rates and charges by 5.4 percent later this month. Rates will go up by about 5.4 percent effective March 24, but the effect on specific lanes and shipments will vary. ...
Tags: Freight, Transportation, Auto Parts
German automaker Audi has introduced its Audi A3 g-tron in Germany, and the model has been put up for sale at dealerships. Audi A3 g-tron is part of the company's new, integrated and sustainable mobility concept. The vehicle is powered ...
TSMC Solar Ltd of Taichung, Taiwan, which was founded in May 2009 as a subsidiary of the world’s biggest silicon wafer foundry Taiwan Semiconductor Manufacturing Co Inc (TSMC), has agreed for specialty PV distributor Centrosolar ...
Tags: Solar Modules, Electrical
Japanese steelmaker Kobe Steel has announced that it has signed a memorandum of understanding with its trading affiliate Shinsho Corporation, Japan companies Metal One Corporation and Osaka Seiko Ltd, and US-based Republic Steel to consider ...
Tags: Steelmakers, Wire Rod
Surface trade among the United States,Canada and Mexico increased 6.5%in December,the Department of Transportation announced. All trade among the North American Free Trade Agreement partners rose 6.4%to$90 billion,DOT's Bureau of ...
Tags: Nafta Surface Trade, Nafta, Transportation
Maple Leaf Foods Inc. today reported its financial results for the fourth quarter and full year ended December 31, 2013. Adjusted Operating Earnings(1)(2)(3) for the fourth quarter was a loss of $21.7 million compared to Adjusted ...
Tags: Maple Leaf Foods, Food
Electric carmaker Tesla Motors is set to raise $1.6bn through convertible senior notes in a registered public offering for business expansion. The American carmaker will use the amount to expand its business; develop and manufacture ...
Tags: Tesla, Auto Parts
Japanese carmaker Mazda Motor, along with Sumitomo, has inaugurated a joint venture production plant, Mazda de Mexico Vehicle Operation (MMVO), in Mexico. MMVO is a joint venture established by Mazda and Sumitomo to improve operations of ...
Tags: Mazda, Production Plant