Manufacturing and Transportation 2011
CHICAGO Boeing Co started a year later than its European rival Airbus in a race to overhaul the $2 trillion narrowbody aircraft market, and is fighting hard to restore balance to their tense duopoly.
NEW YORK Corporate America is worried about Europe's spreading sovereign debt crisis, but CEOs aren't pushing the panic button just yet. After years of market turmoil, they have become used to uncertainty.
FRANKFURT The air freight arm of Deutsche Lufthansa is reviewing its business in China, the world's second-biggest economy, where cargo companies are struggling to make a profit, according to Lufthansa Cargo's chief executive.
FRANKFURT Logistics companies around the world are rushing to invest in specialty cargo facilities in search of wider margins and stable growth in an increasingly uncertain outlook for global trade.
Political gridlock is a huge roadblock threatening the U.S. economy and its global stance at a time when global trade is imperative for growth, Kurt Kuehn, Chief Financial Officer of United Parcel Service , told Reuters on Wednesday.
NEW YORK Political gridlock in Washington is holding America's manufacturers "hostage" even after the nation in recent years developed a better appreciation for the sector, President Obama's former manufacturing czar said.
NEW YORK As it approaches the end of a year of rapid profit growth, agricultural equipment maker Agco Corp expects 2012 to be another "good year," the company's chief executive said.
NEW YORK Billionaire investor Carl Icahn is not the only person who thinks a tie-up between U.S. heavy truck makers Navistar International Corp and Oshkosh Corp might make sense.
Jim Albaugh, the head of Boeing Co's commercial airplanes unit, makes good on his promises - even those that may be slightly embarrassing. | Video
Facing a deteriorating European economy and a still-uncertain U.S. environment, executives from big manufacturers are focusing much of their attention on demand in the rapidly developing economies of Asia and Latin America.
NEW YORK Manufacturers' long wishlist of changes to government policy will mostly have to wait until after next November's presidential election, the head of the largest U.S. manufacturing association said on Tuesday.