The PMI, the index used by the ISM to measure manufacturing activity, was 51.7 in October, which was 0.2 percent better than September’s 51.5 and 2.9 percent better than the 49.6 recorded in August.
In addition to infrastructure damage, Hurricane Sandy has forced the idling of about 70% of the East Coast’s oil refineries. This does not bode well for the supply of refined oil products as capacity was already quite tight prior to the shutdowns
In its preliminary evaluation of the economic impact of Hurricane Sandy, IHS Global Insight said potential infrastructure damages currently stand around $10 billion of insured damages and about twice as much, or $20 billion, in terms of total damages.
So far the research has identified both the benefits and success factors of horizontal collaboration in the logistics space, and mapped the evolutionary curve of these relationships.
U.S.-bound waterborne shipments, which were up 9 percent from June to July and down 3 percent from July to August, dropped 4 percent from August to September.
Thursday, October 25, 2012 · Dr. Maria Jesus Saenz
The researchers interviewed various companies with different and relevant supply chain roles in Europe about the benefits of horizontal collaboration initiatives.
Wednesday, October 24, 2012 · Dr. Maria Jesus Saenz
As their operations come under more pressure to reduce costs and cut CO2 emissions, companies increasingly regard cooperation with enterprises from other supply chains as a source of competitive advantage.
Supply Chain Executives from companies including HP, Lenovo, Avnet, Cisco and Infineon will be coming together in San Francisco on October 23rd at the 6th Annual Hi-Tech & Electronics Supply Chain Summit.
Third quarter revenue for transportation and parcel giant UPS was basically flat, falling 0.7 percent to $13.07 billion, with operating profit down 54 percent at $766 million.
Some shippers are using Matson’s China service as an alternative to air freight, clearly an option that delivers significant value for their supply chains.
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