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How is the Logistics Economy Holding Up?

Logistics Viewpoints

But cross-border trade is an important part of the global economy and much of this trade is in physical goods that must be stored, shipped, transported, and eventually consumed. The first pattern I noticed was an extreme decrease followed by an extreme increase in 2020. Output rose in 8 of the 29 nations for which data was available.

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The Great Maersk Shift

Freightos

Maersk would split into two divisions – a Transport & Logistics division, and an energy division. Meanwhile, the golden child – Transport & Logistics – charted three pillars for growth: Product offering and customer experience. Nearing the end of 2020, Maersk has remained true to that goal. It’s worked.

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Doing Business in Switzerland

QAD

Switzerland is east of France and north of Italy, also bordered by Austria, Liechtenstein and Germany. Transportation and communication are strong in Switzerland, and its central European location makes it ideal for both imports and exports. At 41,277 sq km, it is slightly less than twice the size of the US state of New Jersey.

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Global Manufacturing Activity Levels Continue to Stabilize in March and Q1-2023

Supply Chain Matters

The separate S&P Global PMI® Commodity Price and Supply Indicators index noted that the Global Supply Shortages Index dipped to a 30-month low while The Global Price Pressures Index dropped further in March and at the slowest pace since June 2020. Some transportation services executives now open describe a freight rate recession.

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Global PMI Levels in July Remain of Concern

Supply Chain Matters

Considerable weakness was noted for both Germany (a 38 month low) and Austria (a 39 month low) in July, both reporting the lowest PMI values in this sector. Germany’s July PMI activity level was the worst performance since May 2020. in July with output and new orders reporting falling at faster rates.

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September and Q3 Global PMI Levels Remain in Contraction

Supply Chain Matters

Reportedly, with the exception of Greece , all other EU countries registered PMI declines, with Germany and Austria having the fastest rates of production declines. for September and headlined with the sharpest decline in output levels since May 2020, the height of the Covid-19 pandemic. average of the three months of Q3, declined 1.5

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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

Countries experiencing sequential monthly lows were noted as France, Austria and Germany , the latter recording a 46.3 The report noted that in the last two months, PMI levels have been at their lowest levels since May 2020. Counties reaching new highs were noted as Italy, noted as reaching a ten month high, Greece, Ireland and Spain.