Port of Long Beach trade slows in May
Cargo declines amid canceled voyages, shifting trade routes Shifting trade routes and canceled voyages led to a decline in cargo at the Port of Long Beach in May. Dockworkers and terminal operators moved 695,937 twenty-foot equivalent units last month, down 8.2% from May 2023. Imports slid 4.5% to 345,271 TEUs and exports decreased 21.1% to 100,885 TEUs. Empty containers moving through the Port declined 7% to 249,782 TEUs. The Port...
PLASTICS releases new Recycling is Real Video featuring Printpack in Atlanta, GA
The Plastics Industry Association (PLASTICS) has unveiled a new video as part of the Recycling is Real advocacy campaign, dedicated to promoting and defending plastic recycling in America. This video highlights the efforts taking place at Printpack’s facility in Atlanta, Georgia where recycled materials, created through advanced recycling technologies, are remade into packaging used for everyday products. PLASTICS’ Recycling is...
Bridgestone laying off 118 workers in Iowa
Bridgestone contends with falling demand across multiple continents Bridgestone Americas will be laying off 118 workers at its Des Moines, Iowa plant as demand for their agricultural tire business according to a company statement. This is due to farmers cutting back on equipment and other discretionary spending as they delay planting due to weather concerns. According to an Iowa Worker Adjustment and Retraining Notification Act note,...
JCB breaks ground on a new $500 million North American factory
On June 4th, JCB began work on a new $500 million factory in San Antonio, Texas – the biggest investment in the company’s history. An official groundbreaking ceremony at the site marked the beginning of construction, where The Hon. Alice Bamford, the daughter of company Chairman Anthony Bamford, as she turned the first shovelful of dirt on the property. Work on the 720,000 sq. ft. (67,000m²) factory is underway on the 400-acre...
Keeping sustainability on track: it needs the right tire
It’s time to rethink the way we make tires, and the off-highway segment is no exception to this global imperative, driven by sustainability in the first place. The escalating costs of petroleum-based rubber, coupled with manufacturers’ demand for materials that boost operational efficiency and cut long-term expenses, have emerged as potent motivators, while regulatory bodies have also entered the fray, underlining the necessity...
AAR reports Weekly Rail Traffic for the week ending June 8, 2024
The Association of American Railroads (AAR) has reported U.S. rail traffic for the week ending June 8, 2024. For this week, total U.S. weekly rail traffic was 489,916 carloads and intermodal units, up 4.1 percent compared with the same week last year. Total carloads for the week ending June 8 were 218,234 carloads, down 4.4 percent compared with the same week in 2023, while U.S. weekly intermodal volume was 271,682 containers and...
US Cutting Tool Orders totaled $214.7 Million in April 2024, Raising Year-to-Date total nearly 5% over 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), reached $214.7 million in April 2024. Orders increased by 1.1% over March 2024 and grew by 13% over April 2023. Year-to-date shipments totaled $846.1 million, nearly 5% above shipments made in the first four months of 2023. “While...
Our Current Issue
Free Magazine & eNewsletter
Current Supplements
