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China Flexes Its Global Logistics Muscle

Material Handling & Logistics

China aims to extend its logistics reach from the Pacific to the Atlantic through its One Belt, One Road initiative. The sheer size of the country’s “One Belt, One Road” logistics initiative, for instance, calls into question the true objective of the regional infrastructure plan. Like the country itself, China’s ambitions are massive.

China 73
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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

India has again demonstrated the highest level of PMI growth and the report authors point to Greece, Indonesia, Russia and Brazil as demonstrating stronger rates of expansion. Observed was that manufacturing conditions across Greece have improved to the sharpest extent in two years. along with Vietnam, Thailand and Indonesia.

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

Supply Chain Matters

Counties reaching PMI new highs were noted as Greece and Spain with Italy having expansion level activity levels in March. On the online retail, logistics and customer fulfillment demand side, declining volumes are taking a toll resulting in precipitous drops in global freight rates and noted as the worst in a decade.

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September and Q3 Global PMI Levels Remain in Contraction

Supply Chain Matters

Reportedly, with the exception of Greece , all other EU countries registered PMI declines, with Germany and Austria having the fastest rates of production declines. average of the three months of Q3, declined 1.5 percentage points from the average of Q2, and a significant 4.8 percentage point drop from the average of Q1.

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November 2022 PMI Indices Point to Further Global Wide Production Contraction

Supply Chain Matters

At the country level, Italy , Greece and France bounced back to 4-month, 2 month, and 3-month highs but remained in production contraction levels. Noted in the November report was that the rates of decline in output and new orders were: “.less less aggressive when compared to the near two-and-one-half year records seen in October.”

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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

Counties reaching new highs were noted as Italy, noted as reaching a ten month high, Greece, Ireland and Spain. Manufacturing output volumes reportedly stabilized, after an eight month run of contraction. Countries experiencing sequential monthly lows were noted as France, Austria and Germany , the latter recording a 46.3

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Global Production Activity Levels Unchanged In May But Provide Added Warning Signs

Supply Chain Matters

Reportedly Greece was the only member state to register an improvement in operating conditions. The report indicated that the May number “ signalled a further decline in the health of the eurozone manufacturing sector, and one that was the steepest in three years.” and noted as the lowest value in three years.