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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. New order growth reportedly accelerated at the fastest in nearly three plus year, which is a likely indication that this region has become the new go-to for China Plus product sourcing strategies.

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Three Months after Tianjin, the Area is Still Reeling.

Elementum

China’s Tianjin port suffered a devastating explosion in August which left many manufacturers, insurers and shipping supply chains crippled. Carmaker Jaguar Land Rover (JLR) recently reduced its pre-tax profits forecast , claiming it cannot match the £2.61bn pre-tax profit earned in 2014/15. Supply Chain and Shipping.

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FedEx Announces New March 2022 International Shipping Surcharges

Intelligent Audit

Such strong forecasts mean one inevitable outcome for global carriers—raising rates to stay competitive and deliver the growing volume of packages. It’s impossible to paint the new international shipping surcharges with the broad strokes of the past, and shippers need to know exactly what to expect and what countries are affected.