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How is the Logistics Economy Holding Up?

Logistics Viewpoints

Source: J.P. 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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The Great Maersk Shift

Freightos

The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. Demand for ocean freight was lower than anticipated, and Hanjin Shipping, another top ten ocean liner, was already teetering on the verge of bankruptcy. The Post-2016 Strategy: End-to-end Shipping.

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COP26: 5Zs that changed the world

The Logistics & Supply Chain Management Society

15 countries, Austria, Canada, Chile, Denmark, Finland, Luxembourg, The Netherlands, New Zealand, Norway, Scotland, Switzerland, Turkey, the United Kingdom, Uruguay and Wales declared that they will collaborate towards realizing 100 percent zero emission new trucks and bus sales by 2040.

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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. New productions are also in line in Slovakia, Austria and Brazil. Supply Chain and Shipping. We take a look at the lasting consequences. Image credit: Business Today. Cut Downs and Losses.

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Introducing QAD Adaptive ERP 2022.1

QAD

Updates in the past few months address new requirements for Austria, Belgium, Bulgaria, Norway, Thailand and other global regions. . With this release, QAD adds the ability to readily capture supplier risk information from trusted sources to better address sustainability goals and risk mitigation objectives. Key Contributors.

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

Supply Chain Matters

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. Shipping new vehicles from Austria to the U.S. market also comes with logistical challenges, hence the stated need for a U.S.

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Global Manufacturing PMI Levels Rise in January 2024

Supply Chain Matters

India led all other regions in overall PMI growth while Austria, Czechia and France were the bottom three contractionary conditions. The only country with positive PMI growth was Greece , while Germany, France and Austria PMI levels were the lowest, Austria being 43.0 and France being 43.1.