ACT News Updates

Business

Manufacturing Expanded at Modest Pace in September

U.S. manufacturing expanded at a modest pace in September after unexpectedly shrinking a month earlier, underscoring limited progress for the battered sector.

October 3, 2016
Government, Business

Long-Term Highway Funding Fix Achievable Before FAST Act Expires, Says Rep. Sam Graves

The chairman of the subcommittee on highways in the House said he is optimistic Congress will agree on a long-term funding fix for infrastructure projects before a highway law expires in 2020.

September 28, 2016
Business

Factory Output Declines More Than Forecast in August

Output at American manufacturers fell more than economists forecast in August, a sign the industry is having trouble finding its footing.

September 15, 2016
Business

Factory Orders Post Largest Increase in Nine Months

New orders for U.S. factory goods recorded their largest increase in nine months in July as demand increased broadly, an encouraging sign for the embattled manufacturing sector.

September 2, 2016
Business

Manufacturing Contracts for First Time in Six Months

Manufacturing in the U.S. unexpectedly contracted in August for the first time in six months, amid slumping orders and production that raise concern of renewed industrial weakness.

September 1, 2016
Business

Competition Intensifies in Factoring Sector as Conditions Weaken in Trucking Market

Competition is intensifying in the factoring sector as freight markets shift, said a number of executives whose businesses offer fleets upfront invoice payments for a fee.

August 29, 2016
Business

Factory Production Increases More Than Expected

Factory production in the United States grew 0.5% last month, the fastest pace in a year, as mining rebounded and utility use climbed, data from the Federal Reserve showed Aug. 16 in Washington.

August 16, 2016
Business, Equipment

Class 8 Orders Drop Sharply in July

North American Class 8 orders fell to about 10,000 in July, the weakest level in nearly six years, analysts reported.

August 3, 2016
Business

Manufacturing Growth Cooled in July From One-Year High

U.S. manufacturing expanded in July, though at a slower pace, indicating gradual improvement that could help the economy emerge from a weak first half of the year.

August 1, 2016
Business, Government

Drivers Win $5 Million in Settlement With Trucking Companies

A group of trucking companies in Southern California will pay $5 million to settle a class-action lawsuit brought by drivers who alleged that they were improperly treated as independent contractors, according to a court filing July 14.

July 15, 2016