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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. This index closed Q1-2024 at 1.8 Morgan Global Manufacturing PMIĀ® ended March on an optimistic footing.

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World Bank Revises 2023 Global Growth But Downgrades 2024

Supply Chain Matters

In the not so optimistic category, the bank revised its 2024 global growth forecast to 2.4 The current forecast for 2024 growth is 0.8 That statement portends stubbornly high interest rates will likely extend into 2024. percent, down from the January estimate of 2.7 percent in 2023, compared to 4.1 percent in 2022.

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High Seas Troubles Affect Global Supply Chains, Part Two: Climate Risks

Enterra Insights

As a result, maritime shipping lies at the very heart of the global logistical system. The Associated Press reports, “Canal authorities attributed the drought to the El NiƱo weather phenomenon and climate change, and warned it was urgent for Panama to seek new water sources for both the canalā€™s operations and human consumption.

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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. Although interest rates are widely predicted to fall in 2024, and the freight recession may end, the multi-decade trend of moving manufacturing overseas, especially to China, may be largely over.

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2024 Predictions for Industry and Global Supply Chains- Prediction Two

Supply Chain Matters

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares samples of individual prediction snapshots that will be included in our Annual 2024 Predictions for Industry and Global Supply Chains Research Advisory publishing later this month. Such efforts indeed occurred as was added evidence.

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High Seas Troubles Affect Global Supply Chains, Part One: Security Risks

Enterra Insights

That means maritime shipping lies at the very heart of the global logistical system. Near the Horn of Africa or the Strait of Malacca, pirates who had once seemed quelled have roared back, crimping sea traffic. patrol the Horn of Africa. What alternative sources of supply are available for the essential resources?

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Top 8 Industries Affected by The Red Sea Crisis in January 2024

Resilinc

The latest updates on shipping delays in the Red Sea in January 2024, including which businesses and industries have been impacted. Which industries and companies are currently impacted in January 2024? Scanning over 104 million sources and sites worldwide, 24/7ā€”so you can save time and act quickly.