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Rise in raw materials prices may presage higher PPI
Inflation at the wholesale level soared in January, the government says, the same month that the Purchasing Magazine Commodity Price Index increased by a revised 1.4% to 215.0. Read more>>
Durable goods orders crash by 5.3%
Durable goods orders sank 5.3% in January, or $12 billion, to $212.8 billion, the Commerce Department reported this morning...Read more>>
Gasoline price is heading for $4/gallon
Gasoline prices have risen to an average $3.14/gallon (regular unleaded) this month, up from $2.23 a year ago...Read more>>
LME opens steel futures trading this week
The London Metal Exchange (LME) launched two steel futures contracts this week covering steel billet for delivery in the Mediterranean and Far East. Read more>>
Second checked bag will cost extra
US Airways and United Airlines soon will charge $25 to check a second bag for flights.
Read more>>
UPDATE: Linerboard price is on the rise
All 7 major containerboard mills have fallen in line with a $50/ton price hike announced earlier this month...Read more>>
Class 8 truck fleet growth has stalled
Freight carriers, led by large fleets, are delaying the purchase of new Class 8 vehicles in the face of a possible recession...Read more>>
Gold price is forecast to stay above $900 this quarter
High and volatile gold prices reduced fourth-quarter gold demand with tonnage purchases falling by 17% from year-earlier levels...Read more>>
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MORE PRICE + SUPPLY NEWS
Global warming has upside for ocean shippers
Believe it or not, there is an upside to global warming for supply chain management.
Read more>>
Honda president sees auto purchases improving in 2008
Bucking other forecasts that North American motor vehicle sales will slide again this year...Read more>>
High-end servers post solid growth
The market for high performance computing (HPC) servers grew 15.5% in 2007 to reach a record $11.6 billion...Read more>>
Global shipments of mobile phones increases
Worldwide sales of mobile phones increased 16% to 1.15 billion units in 2007, according to researcher Gartner. Read more>>
Chip makers look to slow DRAM capacity growth
Chip companies are selling some fabs and production equipment in an effort to slow capacity growth and to stabilize prices...Read more>>
Ethanol fires are a real safety risk
The International Association of Fire Chiefs is concerned that ethanol fires are harder to put out than gasoline ones...Read more>>
Butadiene spot prices are moving higher
Spot prices for butadiene have jumped 11¢ to 69¢/lb for early March deliveries...
Read more>>
Goodyear expands tire making in Poland
Tire maker Goodyear Tire & Rubber of Akron, Ohio, will increase its stake in TC Debica...Read more>>
Japan's largest tinplate producer, Nippon Steel, is working to win back market share from aluminum in the beverage can market...Read more>>
Nippon Steel to boost tinplate |
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