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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. In contrast, the overall manufacturing PMI for the Eurozone was quite weak with Germany and Austria reporting the lowest levels.

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Peril of EV Start-Ups: Fisker’s Investor Warning

Supply Chain Matters

At the time, reports had indicated that this MOU agreement included the capacity to produce upwards of 250,000 vehicles annually. Since that time, the company’s first model was subsequently outsourced to industry contract manufacturing services provider Magna Steyr utilizing a production facility located in Austria.

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Shipping Container Shortage–Another Bullwhip Example

Operations and Supply Chain Management

An ‘aggressive’ fight over containers is causing shipping costs to rocket by 300%. Shipping costs have skyrocketed as desperate companies wait weeks for containers and pay premium rates to get them, according to industry watchers. The shortage is further exacerbated by limited air freight capacity. KEY POINTS.

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Walmart’s Notion of Next Generation Online Customer Fulfillment Centers

Supply Chain Matters

population with either same day, next or two-day shipping be leveraging the collective resources of all of Walmart’ s online fulfilment assets including direct ship from store. Austria based KNAPP describes itself as a robotics, artificial intelligence and machine learning technology provider.

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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. The March report made specific mention of the impact of maritime disruption attributed to the diversion of ships from the Suez Canal as a result of Red Sea terrorist attacks. reflecting a 1.3

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

Austria was indicated as the worst performer, followed by Germany and France. Suppliers continue to have capacity. Growth was reportedly fueled from demands in medicine, high tech, auto, railway, shipping and aerospace equipment markets. The reported November value posted a six-month high value of 44.2, reflecting a 1.1

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This Week in Logistics News (March 27 – April 3)

Logistics Viewpoints

America’s imports are stuck on ships floating off LA. Specifically, the top countries most impacted by the Suez Canal blockage include the UK, Germany, Belgium, France, Netherlands, Italy, Switzerland, Spain, Turkey, and Austria. And more ships keep arriving, making the congestion worse. And now on to this week’s logistics news.