article thumbnail

How is the Logistics Economy Holding Up?

Logistics Viewpoints

Or have these concerns been replaced with cost-price inflation and compressed profit margins? 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. But what about now? I see that as a positive.

article thumbnail

September and Q3 Global PMI Levels Remain in Contraction

Supply Chain Matters

Morgan Global Manufacturing PMI®, compiled by S&P Global in association with ISM and IFPSM , provided a banner headline of weaker intakes of new orders leading to reduced production output. Manufacturers reportedly signaled: “ the softest reductions in both output and total new work since April, though declines remained marked overall.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. As stated, the March report pointed to further increases in both input costs and selling prices by the end of the first quarter. reflecting a 1.3 percentage point increase over the average of Q4-2023.

article thumbnail

Three Months after Tianjin, the Area is Still Reeling.

Elementum

Cut Downs and Losses. Companies have been cutting down on their profit estimates following the Tianjin incident. 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. We take a look at the lasting consequences.

article thumbnail

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

Supply Chain Matters

The separate S&P Global PMI® Commodity Price and Supply Indicators index noted that the Global Supply Shortages Index dipped to a 30-month low while The Global Price Pressures Index dropped further in March and at the slowest pace since June 2020. Some transportation services executives now open describe a freight rate recession.

article thumbnail

GrandVision: “We are changing completely as we become demand driven”

Supply Chain Movement

In the last three years we’ve developed our strategy, centralised procurement, purchasing and manufacturing aligned our portfolios across all categories globally and developed our exclusive brands portfolio. And we are still on a journey with many more opportunities,” the Vice President Supply Chain says. It is a very significant change.

article thumbnail

Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

However, commenting on the February data, Bennett Parrish, Global Economist at JP Morgan indicated in-part: “ While the disruptions of the past year continue to fade, the output price PMI has been stuck at an elevated level this year and somewhat raises the risk of goods inflation becoming entrenched.” United States Two indices of U.S.