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Durable goods orders increased in May, paced by a massive surge in orders for transportation equipment, the Commerce Department said in a report today.

Machine tool orders fell in May as the novel coronavirus (COVID-19) reduced demand among manufacturers.

Manufacturing’s supply chain is approaching a “tipping point” of diversifying beyond China, consulting firm PwC said in a report.

General Motors Co. today reported a second-quarter loss as the novel coronavirus (COVID-19) resulted in lower vehicle sales.

When an unanticipated global crisis like the COVID-19 pandemic disrupts national economies in a domino-like effect, a rapid response is required to mitigate supply chain disruptions.

Durable goods orders surged in July with transportation equipment leading the way, the U.S. Commerce Department said today in a monthly report.

The National Safety Council urges employers to continue to be vigilant with testing despite the recent guideline amendment issued by the CDC. Without a clear rationale for these changes, NSC continues to recommend employers test workers to ensure a safe workplace.

The National Safety Council announced that it is applauding President-elect Joe Biden for adding Dr. David Michaels to the Transition COVID-19 Advisory Board, ensuring that workplace safety has a voice on the task force, according to a statement.

Machine tool orders rose in October on a monthly basis, helped by industries including automotive and rail, AMT – The Association for Manufacturing Technology said today.

The global auto industry will experience a slow recovery in 2021 from the COVID-19 pandemic, analysts at IHS Markit said today.