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...
Port of Long Beach sees strongest September on record
Demand for holiday-related goods nudged the Port of Long Beach to its most active September and busiest quarter on record. Shippers continued to move goods ahead of a labor contract deadline for seaports on the East and Gulf coasts, which resulted in a three-day strike at the start of October. Dockworkers and terminal operators moved 829,499 twenty-foot equivalent units last month, up just 70 TEUs from the previous record set in...
TAPPI/AICC’s 2024 Box Manufacturing Olympics winners
Arvco Container Corp awarded the Attendees’ Choice Award by SuperCorrExpo® attendees The winners of the second TAPPI/AICC Box Manufacturing Olympics (BMO) were announced at the recent SuperCorrExpo® in Orlando. Winners of the first, second and third place awards, as well as honorable mentions for each category, were announced on Monday, September 9. The Best of the Industry for both the Structure and Printing categories, as well as...
August Manufacturing Technology Orders fall short of 2023; Outlook optimistic for remainder of 2024
Orders of manufacturing technology, measured by the U.S. Manufacturing Technology Orders (USMTO) report published by AMT – The Association For Manufacturing Technology, totaled $360.8 million in August 2024. These orders for metalworking machinery increased 22.7% from July 2024 but fell 12% short of August 2023 orders. Year-to-date orders reached $2.81 billion, a decline of 11.5% compared to the first eight months of 2023. While...
IRS provides Hurricane Milton relief; May 1 deadline now applies to individuals and businesses in all of Florida; many businesses qualify for deposit penalty relief
The Internal Revenue Service today announced relief for individuals and businesses in 51 counties in Florida due to Hurricane Milton. Individuals and businesses in six counties that previously did not qualify for relief under either Hurricane Debby or Hurricane Helene will receive disaster tax relief beginning Oct. 5, 2024, and concluding on May 1, 2025. They are Broward, Indian River, Martin, Miami-Dade, Palm Beach, and St. Lucie. In...
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