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IMF Points to a Gloomier 2023 Economic Outlook

Supply Chain Matters

In conjunction with the summit meeting of G-20 leaders held in Indonesia , the International Monetary Fund (IMF) indicated that the expected 2023 economic outlook appears gloomier that that forecasted just last month. Special emphasis is placed on Europe, in-particular.

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Breaking Industry Supply Chain News from Tesla

Supply Chain Matters

In a subsequent blog post, we will highlight another breaking development, that being a significant joint announcement from global shipping lines Maersk and MSC that should garner the interest to supply chain management transportation and logistics management teams. billion has already been invested, amounting to 5.4

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

Growth was reportedly fueled from demands in medicine, high tech, auto, railway, shipping and aerospace equipment markets. This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand , and Vietnam. While the production sub-index registered 50.7, in November from 50.6

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El Niño May Have Your Supply Chain Partying Like It’s 1997

Kinaxis

A massive El Niño occurred in 1997-1998, unleashing record rains in California, deadly tornados in Florida, and a brutal drought in Indonesia, thus landing the term firmly on the radar (no pun intended) of millions of people around the globe. But El Niño was no joke then. And it still isn’t, despite the headline of this post.

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What’s Looming for Transpacific Ocean Shipments this Peak Season?

CH Robinson Transportfolio

Reoccurring events—like the holiday season—used to provide some level of predictability to ocean shipping trends in the transpacific eastbound (TPEB) trade lane. Normally, we see a rush in ocean shipping just before the Chinese New Year (CNY). Blank sailing typically refers to a carrier cancelling a sailing. during this period.