Supply Chain RSS

  • GM posts $2B profit, expects decline Nov 10, 2010

    General Motors Co. posted net income of nearly $2 billion for the third quarter on revenue of $34.1 billion, the third successive quarterly earnings increase, but executives warned that fourth-quarter results would be lower.

  • Chevron paying $4.3B for Atlas in shale frenzy Nov 09, 2010

    Chevron Corp. plans to acquire Atlas Energy Inc. in a $4.3-billion deal aimed at securing the integrated energy company a “premier” position on the Marcellus Shale in southwestern Pennsylvania.

  • Tier 1 automotive suppliers predict steady growth Nov 09, 2010

    Automotive and truck suppliers expect steady improvements in vehicle sales and production, component volumes, earnings and profit margins through the next few quarters, judging by third-quarter earnings performances and market commentary by five Tier I global manufacturers.

  • Castle expects modest growth in 2011 Nov 05, 2010

    A.M. Castle & Co., which broke even during the third quarter, expects the fourth quarter to look much the same except for slightly lower revenue due to fewer shipping days, followed by a solid start to 2011.

  • Auto sales dip 1.2 percent; GM, Ford upbeat Nov 04, 2010

    Sales by the top seven U.S. automotive brands fell 1.2 percent from September but remained 11.9 percent ahead of October 2009, while year-to-date sales were up 11.5 percent from the first 10 months of last year.

  • Dynamet plans another titanium stock expansion Nov 03, 2010

    Dynamet Inc. has announced the second expansion in the past week of domestic titanium aerospace fastener stock capacity.

  • Cliffs has eyes on Asia for growth strategy Nov 02, 2010

    Cliffs Natural Resources Inc. says it seeks more acquisitions and hopes to expand its iron ore export business.

  • US, Canadian drilling increases Nov 02, 2010

    The number of drill rigs running in the United States rose by three last week, with the biggest increase in Texas (up five), while Canadian drilling activity rose by 14 rigs from the previous week.

  • Can auto become a hot investment? Nov 01, 2010

    As investors await an initial public offering of shares by General Motors Co., auto companies from the United States to Japan are looking toward improved prospects for sales and profits over the next 12 months, an analyst at the Bedford Report, owned by Paragon Financial Ltd. in Hong Kong, said in a research report.

  • A.M. Castle board adds Kelly Nov 01, 2010

    Metals processor and distributor A.M. Castle & Co. has appointed James D. Kelly an independent director of its board of directors.

  • Outlook turns upbeat for heavy equipment makers Oct 29, 2010

    Demand for and investment in heavy equipment manufacturing will finish 2010 strong and continue to improve over the next couple of years, according to executives participating in quarterly conference calls over the past week.

  • Outlook turns upbeat for heavy equipment makers Oct 29, 2010

    Demand for and investment in heavy equipment manufacturing will finish 2010 strong and continue to improve over the next couple of years, according to executives participating in quarterly conference calls over the past week.

  • Southern Steel & Wire closing Arkansas plant Oct 28, 2010

    The decision by Whirlpool Corp. to move some of its production to Mexico will result in the closure of one of its suppliers.

  • Southern Steel & Wire closing Arkansas plant Oct 28, 2010

    The decision by Whirlpool Corp. to move some of its production to Mexico will result in the closure of one of its suppliers.

  • ‘We’ve lost a lot of drivers’ fears mount about new trucking rules Oct 27, 2010

    New safety rules and ranking methods for trucking companies and drivers that come into effect in December will cause driver shortages and increase trucking rates, according to market participants.

  • ‘We’ve lost a lot of drivers’ fears mount about new trucking rules Oct 27, 2010

    New safety rules and ranking methods for trucking companies and drivers that come into effect in December will cause driver shortages and increase trucking rates, according to market participants.

  • Uniti lifts non-aero Ti tags; ATI targets fastener stock Oct 26, 2010

    A U.S.-Russian joint venture plans to boost its prices non-industrial titanium product prices by 6 to 9 percent in a market where pricing had previously remained fairly stagnant for most of this year.

  • Uniti lifts non-aero Ti tags; ATI targets fastener stock Oct 26, 2010

    A U.S.-Russian joint venture plans to boost its prices non-industrial titanium product prices by 6 to 9 percent in a market where pricing had previously remained fairly stagnant for most of this year.

  • AUTOMOTIVE METALS China at least 'five years away' from being major auto exporter Oct 26, 2010

    Developing countries, known by one automotive expert as the “CRIB” nations, will be the birthplace of significant growth in automotive demand as developed nations continue to see improvement come on a slow, steady basis.

  • AUTOMOTIVE METALS China at least 'five years away' from being major auto exporter Oct 26, 2010

    Developing countries, known by one automotive expert as the “CRIB” nations, will be the birthplace of significant growth in automotive demand as developed nations continue to see improvement come on a slow, steady basis.

  • Schuff’s earnings sink 96 percent in quarter on construction slump Oct 25, 2010

    Schuff International Inc.’s net income plunged 96 percent in its fiscal third quarter ended Oct. 3, with the company citing lower revenue and thin margins due to the continued construction sector downturn.

  • Schuff’s earnings sink 96 percent in quarter on construction slump Oct 25, 2010

    Schuff International Inc.’s net income plunged 96 percent in its fiscal third quarter ended Oct. 3, with the company citing lower revenue and thin margins due to the continued construction sector downturn.

  • First national standards targeting GHGs, truck fuel efficiency debuts Oct 25, 2010

    The first national standards to cut greenhouse gas emissions (GHGs) and improve the fuel efficiency of heavy-duty trucks and buses were announced Monday by the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Transportation.

  • First national standards targeting GHGs, truck fuel efficiency debuts Oct 25, 2010

    The first national standards to cut greenhouse gas emissions (GHGs) and improve the fuel efficiency of heavy-duty trucks and buses were announced Monday by the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Transportation.

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