Nucor reports results for the Third Quarter of 2024
Consolidated net earnings attributable to Nucor stockholders of $249.9 million, or $1.05 per diluted share Adjusted net earnings attributable to Nucor stockholders of $353.0 million, or $1.49 per diluted share Net sales of $7.44 billion Net earnings before noncontrolling interests of $302.8 million; EBITDA of $869.0 million Nucor Corporation announced consolidated net earnings attributable to Nucor stockholders of $249.9 million, or...
Four New Power Transmission/Motion Control Categories introduced for PIE Technology Platform™
Bearing Specialists Association (BSA) and the Power Transmission Distributors Association (PTDA) announce the introduction of conveyors/material handling, couplings, motors, and linear bearings (round shaft) to the PIE Technology Platform™ (PIE). These additional product categories bring the total number of bearing and power transmission/motion control (PT/MC) categories available to 32. Additional categories in development include...
Women In Trucking Association releases 2024-25 WIT Index Data
The Women In Trucking Association (WIT) recently released the findings of its 2024-25 WIT Index. This unique research is the industry’s barometer to benchmark and measure the percentage of women who hold critical roles in transportation. These roles include corporate management (C-Suite), those who serve on boards of directors, management and supervisory roles, and functional roles such as operations, technicians, HR/talent...
Boston Dynamics, Toyota Research Institute partner to advance robotics research
Boston Dynamics and Toyota Research Institute (TRI) announced that they will merge, combining two of the world’s leaders in artificial intelligence and robotics. The research partnership aims to accelerate the development of general-purpose humanoid robots by utilizing TRI’s large behavior models and Boston Dynamics’ Atlas robot. The partnership looks to push humanoid research further Boston Dynamics has a longstanding reputation for...
August 2024 U.S. cutting tool orders total $209.3 million
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT and USCTI, totaled $209.3 million in August 2024. Orders increased 9.1% from July 2024 but were down 4.5% from August 2023. Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT – The Association For Manufacturing Technology and the U.S. Cutting Tool Institute (USCTI),...
H&E opens New Kansas City South Branch
Effective October 21, 2024, H&E Rentals has announced the opening of its Kansas City South branch, the company’s fourth location in the state of Missouri and its second in the Show-Me State in a year. H&E operates in 32 states and opened 16 branches across the country in 2024. The facility is located at 1100 SE Hamblen Road, Lee’s Summit, MO 64081-2938, phone 816-370-8200. It includes a fully fenced yard area, offices, and a...
U.S. Rail Traffic Report for the week ending October 12, 2024
The Association of American Railroads (AAR) has reported U.S. rail traffic for the week ending October 12, 2024. For this week, total U.S. weekly rail traffic was 505,033 carloads and intermodal units, up 2.6 percent compared with the same week last year. Total carloads for the week ending October 12 were 222,003 carloads, down 1.3 percent compared with the same week in 2023, while U.S. weekly intermodal volume was 283,030 containers...