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Ahead of the Curve: How Digitalization Helped Air Cargo Amidst Red Sea Shipping Diversions

Freightos

Schedules were quickly disrupted and capacity shifted to China – Europe and North America lanes to accommodate the longer voyages. These changes made ocean capacity (and empty containers) scarce, sending container rates out of India spiking. America and 67% to Europe as Red Sea disruptions pushed demand for air cargo.

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How is the Logistics Economy Holding Up?

Logistics Viewpoints

Global Manufacturing PMI Global Trade as a Barometer Clearly domestic business activity is much larger than international trade. I also looked at changes in exports by the US, Europe, and China. Manufacturing Purchasing Managers Indexes The J.P. Source: J.P. I see that as a positive. I don’t see that as a positive.

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September 6, 2023 Update

Freightos

Europe prices (FBX11 Weekly) were level at $1,744/FEU. Europe weekly prices increased 5% to $3.05/kg. Europe – N. Europe rates were stable last week, daily rates this week have declined about 7%. Asia-US East Coast prices (FBX03 Weekly) were level at $3,079/FEU. Air rates – Freightos Air index China – N.

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Infographic: Manufacturing Success: How ToolsGroup Customers Excel

ToolsGroup

With Service Optimizer 99+ (SO99+) ToolsGroup’s manufacturing customers commonly achieve a 10-30% reduction in inventory, improve product availability to 96% or better, and reduce overhead (such as overtime and expedited freight) by 50%. ToolsGroup’s manufacturing customers commonly achieve: 10-30% reduction in inventory.

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

Global Manufacturing Output Levels Strengthen Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® ended March on an optimistic footing. Of further significance was the March report indication that the rate of growth in global manufacturing output has accelerated to a 21-month high.

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Editor’s Choice: Aluminum Can Shortage Defines a New Normal for Food Packaging

Logistics Viewpoints

This shortage and sudden uptick in demand weren’t something that most can manufacturers were prepared for. The deepening power crisis has already taken 900,000 tons of smelting capacity offline in North America and Europe. Continued scarcity and overbuying have led to a perennial shortage. What Caused Can Supply-Demand Mismatch.

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Tata Steel Europe’s Connected Planning Journey

Logistics Viewpoints

Tata Steel Europe Plant in Wales. A pound of apples costs about the same as a pound of steel, yet steel is a complex product produced using high-tech metallurgical and manufacturing processes. Tata Steel Europe, which produced 9.5 Tata Steel Europe has a complex supply chain. Tata Steel Europe has a complex supply chain.