Remove Asia Remove Greece Remove Procurement Remove Transportation
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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

India has again demonstrated the highest level of PMI growth and the report authors point to Greece, Indonesia, Russia and Brazil as demonstrating stronger rates of expansion. Observed was that manufacturing conditions across Greece have improved to the sharpest extent in two years. along with Vietnam, Thailand and Indonesia.

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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.

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China Flexes Its Global Logistics Muscle

Material Handling & Logistics

Announced in 2013 by Chinese President Xi Jinping, the plan would link China’s Silk Road Economic Belt Project in Central Asia—which was aimed at connecting with Europe via Central Asia to increase trade between the Asia-Pacific region and Europe—with its Maritime Silk Road stretching from the South China Sea to the Indian Ocean.

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

Supply Chain Matters

Counties reaching PMI new highs were noted as Greece and Spain with Italy having expansion level activity levels in March. Some transportation services executives now open describe a freight rate recession. New export orders also fell.