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China Flexes Its Global Logistics Muscle

Material Handling & Logistics

One company that is already using the China-Europe rail service, part of the larger initiative, is high-tech manufacturer HP, which was one of the first companies to start using the Pireaeus port in Greece to access markets in Europe, according to Forbes. Of course, there are other issues, such as currency devaluation,” he adds.

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Global Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

Noted in the report was that the February index drop “ was entirely driven by the largest economy of the single currency union, Germany, which registered its sharpest deterioration in four months.” Stronger performance was noted for Greece and Ireland , both reporting 24 and so month highs, respectively.