Author: Laila Maidan

Trucking Takes The Long Winding Road Downwards

When COVID-19 first hit, Tali Haleua, founder of Fuelogistics from Salt Lake City, Utah, thought he could get by for a few weeks covering expenses out of pocket, but then the lockdowns dragged on. Eventually, he had to lay off all 10 of his employees. Now his trucks are sitting […]

Five Things to Watch For In Friday’s ISM Report

April 29, 2020 The Institute for Supply Management’s Report on Business releases details on the U.S. manufacturing sector on Friday. Economists estimate that the report may show numbers similar to the 2009 crash. The index, based on a survey of U.S. manufacturing companies, has not reflected the extent of the […]

US Manufacturing Takes Its Hardest Hit Since 2009

New orders and employment tumbled in March at the quickest speed since 2009, signaling a tough road ahead for U.S. manufacturers. March’s Institute for Supply Management’s report on business declined to 49.1%, an indication of contraction for the U.S. economy. The index, based on a survey of U.S. manufacturing companies, […]