Cotton growers are facing devastating losses and delays from Hurricane Helene just as harvest was beginning, marking the latest blow to profits in an already weak market.
Category: News
Manufacturing Activity Contracts for a Sixth Straight Month
U.S. manufacturing activity shrank in September for a sixth month, reflecting weak orders and declining employment.
Permian Gas Starts Flowing Via Matterhorn Pipeline in Texas
Matterhorn Express Pipeline has begun transporting natural gas into Williams Cos.’s Transco pipeline, a long-awaited addition to midstream infrastructure serving the Permian Basin.
Dockworkers Hit the Picket Lines
PHILADELPHIA — Dockworkers at ports from Maine to Texas began walking picket lines early Oct. 1 in a strike over wages and automation.
Auto Sales Likely to Pick Up as Rates Fall
Sluggish car sales are expected to pick up later this year once the U.S. presidential election is over and the Fed’s recent reversal on interest rates starts to ease financing costs.
Traton Views Higher Margin on Electric Trucks, US Expansion
Traton SE is targeting slightly higher returns in the coming five years by expanding in North America and selling more higher priced electric trucks.
Largest Strike in Decades Begins at East, Gulf Coast Ports
The Conference Board noted in a report that just one week of a strike — the result of a USMX and ILA stalemate — could cost the U.S. economy $3.78 billion.
Diesel Price Bumps Up a Half-Cent to $3.544 a Gallon
The national average price of diesel gained a half-cent per gallon during the week ending Sept. 30, climbing to $3.544, according to U.S. Energy Information Administration data.
Farmers Brace for Supply Chain Delays as Dock Strike Looms
Growers already have been struggling with declining farm incomes because of high input costs, global competition and low commodity prices.
Stellantis Recalls 200,000 Plug-in Jeeps Over Fire Risk
This recall is the latest setback for Stellantis, which has been grappling with declining sales, a falling stock price and unrest among dealers and unions.