Remove 2024 Remove Manufacturing Remove Russia Remove Shipping
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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

Supply Chain Matters provides readers a further installment in our global supply chain assessment series in providing highlights on reported March 2024, and Q1-2024 global and regional production and supply chain PMI indices. Global Manufacturing Output Levels Strengthen Global-wide manufacturing levels as depicted in the J.P.

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This Week in Logistics News (May 27 – June 2)

Logistics Viewpoints

manufacturers re-evaluating their reliance on China. manufacturers re-evaluating their reliance on China. That prospect became more conceivable, they said, after the 2022 invasion of Ukraine prompted companies to sever ties with Russia, sometimes taking huge write-downs. Walmart SWW currently offers FedEx and USPS shipping.

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Report That Global Ocean Container Rates on the Decline

Supply Chain Matters

The Wall Street Journal reported this week (Paid subscription or metered view) that ocean container freight rates related to the most active global shipping lanes continue to decline amid what is traditionally considered the peak shipping period leading up to the holiday fulfillment season in the November-December period.

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Trends in Sustainability: Deglobalization will accelerate in 2024

Freightera

Freightera’s CEO, Eric Beckwitt Gives His Predictions on The Trends in Sustainability in 2024. Deglobalization will accelerate, and reshoring and localization of manufacturing will continue 2023 has seen a severe freight recession, especially in North America, with significant overcapacity and declining rates for ocean shipping as well.

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More Electric Vehicle Supply Network Moves

Supply Chain Matters

While some automakers were once hesitant regarding market demand for EV’s, the latest developments concerning accelerated effects of global warming and the Russia and Ukraine conflict’s impact on global energy markets has changed market behavior. with commercial volume operations by the end of 2024.

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Financial Results of Amazon, Apple, Intel Foretell Added Supply Chain Challenges

Supply Chain Matters

Among the messages communicated from the latest Amazon financial results were: Online retail shipping volumes declining 3 percent on a year-over-year basis, noted as the largest drop since 2016. Intel CEO Pat Gelsinger indicated that the semiconductor chip shortage will last longer than expected, likely into 2024. “

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. Following a March 2022 surge of Covid-19 in Shanghai, shipping company A.P.