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How is the Logistics Economy Holding Up?

Logistics Viewpoints

In contrast, the overall manufacturing PMI for the Eurozone was quite weak with Germany and Austria reporting the lowest levels. Together these statements reinforce the narrative that activity in Europe is weak, while activity in the US and Asia are generally stable. Output rose in 8 of the 29 nations for which data was available.

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Shipping Container Shortage–Another Bullwhip Example

Operations and Supply Chain Management

The pandemic and uneven global economic recovery has led to this problem cropping up in Asia, although other parts of the world have also been hit. For the route from Asia to the West Coast of the U.S., to Asia are “going back empty.”. As a result, containers are stuck in the West when they are really needed in Asia.

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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

That stated, February’s activity appears to have regional specific connotations with upturns in production volumes across areas of Asia , specifically the ongoing re-opening of China ’s manufacturing sector, and upturns in India , the Philippines and Thailand manufacturing and supply chain activity levels. United States Two indices of U.S.

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

The Eurozone remains a drag on global manufacturing output with reportedly steep downturns again occurring in Germany and Austria. Growth expansion has returned across China and the U.S. along with Vietnam, Thailand and Indonesia. Q1-2024 Highlights The average PMI level for the three months of Q1-2024 was 50.3 reflecting a 1.3

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Global PMI Levels in July Remain of Concern

Supply Chain Matters

Morgan Global Manufacturing PMI®, compiled by S&P Global in association with ISM and IFPSM , provided a banner headline of a sharp downturn occurring across the Eurozone and added signs of weakness across Asia. The July reported value of 48.7 was slightly lower than the 48.8 for June, which now reflect a seven-month low.

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Three Months after Tianjin, the Area is Still Reeling.

Elementum

New productions are also in line in Slovakia, Austria and Brazil. Other insurers across the United States, Europe, Bermuda and Asia also took a hit close to US $2 billion. To mitigate the investment and production loss in Tianjin, JLR has planned new production centers in continental Europe and South America. billion to US $3.3

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

Supply Chain Matters

The PMI values reflective of Germany and Austria both reached 34-month lows in March while both led in the expansion of post-production inventories. Further concerning was that the volume of warehouse finished goods inventories rose to the greatest extent in four months.