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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. These survey-based measures gauge the momentum of manufacturing and services activity.”.

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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. along with Vietnam, Thailand and Indonesia. Growth expansion has returned across China and the U.S. an increase of 2.5 percentage points from the 46.5

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Global Production Levels Falling At the End of 2023

Supply Chain Matters

Commenting on the outlook for 2024, Chris Williamson, Chief Business Economist at S&P Global Market Intelligence noted in part: “ Given current order book trends, the overall picture from the survey is one of supply exceeding demand for many goods, which points to downside risks to production, employment and prices as we head into 2024.”

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

According to the latest report: “ Surveyed companies commonly reported positive demand trends, greater client requirements and favorable market conditions.” Eurozone Factory Downturn Remains Strong The HCOB Eurozone Manufacturing PMI® report for November was headlined with declining new orders rates and rapidly depleting backlogs of work.

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Last Mile Maturity Report: Elevate customer experience, outrun rivals 

Locus

According to Statista, 68% of online shoppers expect free shipping/delivery and 37% expect next-day delivery. On the other end, in last-mile fulfillment, which dominates shipping costs, businesses face a critical juncture due to economic pressures and high consumer expectations. What is the Last Mile Maturity Assessment?

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Logistics Execs Split on Outcome of NAFTA Talks

Material Handling & Logistics

Executives in a new survey, 2018 Agility Emerging Markets Logistics Index, are divided about whether a new pact would help Mexico (24.3%); hurt Mexico (21.8%); or leave trade unchanged (25.7%). 2018 Index and Survey Highlights. In the 50 country rankings, Brazil slips two spots to No. 9, falling below No. GDP growth.

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Large Shipping Losses Have Declined 38% over Past 10 Years

Material Handling & Logistics

There were 94 total losses reported around the shipping world in 2017, down 4% year-on-year -- the second lowest in 10 years after 2014. In 2017 the downward trend of large shipping losses continued, according to a new survey, Allianz Global Corporate & Specialty's (AGCS) Safety & Shipping Review.