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Global Manufacturing PMI Levels Rise in January 2024

Supply Chain Matters

Supply Chain Matters provides a monthly highlights of reported January 2024 global and regional production and supply chain PMI indices. Morgan Global Manufacturing PMIĀ® began 2024 with output levels rising for the first time in eight months. The January 2024 reading of 50.0 increased 1.1 percentage points from the 48.9

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Red Sea Ocean Transport Shipping Disruption Update

Supply Chain Matters

Latest Developments As a result of the continued attacks, major container shipping lines continue in re-routing ships around South Africa’s Cape of Good Hope to reach European and added destinations. Tobias Meyer, CEO of DHL Group indicated that the rerouting of ships around Africa is leading to imbalances in container capacity.