The U.S. economy increased at a revised 2.4% annual rate in the fourth quarter, down from an originally reported 3.2% gross domestic product figure, the Commerce Department reported. The reading was lower than economists' median forecast ...
Tags: Transportation
BASF is expanding its business in industrial coatings in the growth market of Africa. Since October 2013, the company has supplied coil coatings to Roofings Rolling Mills (RRM), located in Uganda. BASF and its technical service were also on ...
Tags: Coil Coatings, BASF
Retail sales fell in January by the most in a year and a half, hurt by bad weather and slow growth in employment and personal income. Sales dropped 0.4%, the largest decrease since June 2012, the Commerce Department said Feb. 13. Poor ...
Tags: Transportation
The unrelenting winter of 2014 delivered another massive storm last week, bringing with it more economic uncertainty and higher fuel prices. For the second time in less than a month, much of the southeastern United States battled a major ...
Tags: Transportation, Logistics
The mood of German consumers was notably buoyant at the start of 2014. Both economic and income expectations as well as willingness to buy improved, in part quite considerably. Following a revised value of 7.7 points in January, the overall ...
Tags: German consumers
TT File Photo Consumer spending rose 0.4% in December, the Commerce Department reported Jan. 31. Commerce also said purchases rose 0.6% in November, a larger figure than was originally announced. Economists had projected spending ...
Tags: durable goods, car
The Ikea Group's net income increased by 3.1% to €3.3b for the financial year 2013 (to 31st August 2013), and market conditions continued to improve, reports the retailer, with strong growth in China, Russia and the US. ...
Tags: value for money, sustainable life
LAS VEGAS - Like kids in a candy store, buyers here have a smorgasbord of goodies to choose from in upholstery. Creamy butterscotch, cherry and cocoa leather are accenting contemporary frames in some showrooms. In others, vanilla-hued ...
Tags: Kensington Place, Lexington Home Brands, Flexsteel, Natuzzi Group
Retail sales are projected to increase 4.1% in 2014 as the economy continues to improve, the National Retail Federation said. The projected rise from 3.7% growth in 2013 excludes automobile, gas station and restaurant sales. The retail ...
Tags: Transportation, Retail Sales
In the backdrop of a weak economic scenario in Europe, German menswear fashion company Ahelrs AG has posted lower-than-expected preliminary unaudited sales and profit numbers for full year 2012-13. The company, which is one of the ...
Tags: menswear, domestic consumption
Driven by robust catalogue and web sales, French clothing company Damartex SA witnessed a decent increase in its sales revenue in the first half of FY 2013-14. The company, which is engaged in the manufacture and distribution of ...
Despite a challenging global and domestic economic scenario, Brazilian textile company Pettenati SA Industria Textil posted strong sales revenue in the first quarter of the current fiscal 2013-14. The company, which is primarily ...
Tags: textile company, export markets
If the trucking industry is still struggling, it's not for lack of freight to haul. The American Trucking Associations (ATA) Truck Tonnage Index just concluded its strongest year since 1998. For-hire truck tonnage in the US rose 0.6% in ...
Tags: Transportation, Auto Parts, Truck
Jan 22, 2014 01:44 PM ARLINGTON, VA — Truckers, do you feel the weight of the load you’re hauling It’s getting heavier, the American Trucking Associations' (ATA) reports, and that’s a sign that the U.S. economy is ...
Tags: ATA, Bob Costello
Amidst a subdued domestic economic scenario, Chinese apparel company Eratat Lifestyle Limited witnessed a dip in sales revenue and profitability in the third quarter of 2013. The company, which is engaged in the design and distribution ...
Tags: fashion footwear, fashion apparel