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How is the Logistics Economy Holding Up?

Logistics Viewpoints

Source: J.P. But cross-border trade is an important part of the global economy and much of this trade is in physical goods that must be stored, shipped, transported, and eventually consumed. In contrast, the overall manufacturing PMI for the Eurozone was quite weak with Germany and Austria reporting the lowest levels.

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Peril of EV Start-Ups: Fisker’s Investor Warning

Supply Chain Matters

Since that time, the company’s first model was subsequently outsourced to industry contract manufacturing services provider Magna Steyr utilizing a production facility located in Austria. Shipping new vehicles from Austria to the U.S. market also comes with logistical challenges, hence the stated need for a U.S.

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Upturn in Global Manufacturing in June- Cautionary Signs Prevail

Supply Chain Matters

Germany, Austria and Poland were reported as the three lowest PMI activity levels. Of particular note was commentary relative to supplier delivery times in June: “ Suppliers’ delivery times lengthened for the first time in five months amid issues with shipping, port congestion and staff shortages at vendors. compared to the 50.3

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Introducing QAD Adaptive ERP 2022.1

QAD

Updates in the past few months address new requirements for Austria, Belgium, Bulgaria, Norway, Thailand and other global regions. . With this release, QAD adds the ability to readily capture supplier risk information from trusted sources to better address sustainability goals and risk mitigation objectives. Key Contributors.

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The Great Maersk Shift

Freightos

The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. Demand for ocean freight was lower than anticipated, and Hanjin Shipping, another top ten ocean liner, was already teetering on the verge of bankruptcy. The Post-2016 Strategy: End-to-end Shipping.

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

The Eurozone remains a drag on global manufacturing output with reportedly steep downturns again occurring in Germany and Austria. New order growth reportedly accelerated at the fastest in nearly three plus year, which is a likely indication that this region has become the new go-to for China Plus product sourcing strategies.

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Three Months after Tianjin, the Area is Still Reeling.

Elementum

China’s Tianjin port suffered a devastating explosion in August which left many manufacturers, insurers and shipping supply chains crippled. New productions are also in line in Slovakia, Austria and Brazil. Supply Chain and Shipping. We take a look at the lasting consequences. Image credit: Business Today. Cut Downs and Losses.