Our most recent list of force majeure and allocation announcements from suppliers is here.
Just as the months-long logjam of cargo ships in Southern California is showing signs of easing after the busiest March on record, truck drivers at the ports of Los Angeles and Long Beach went on strike against Universal Logistics Holdings over alleged illegal firings and denial of back pay.
The U.S. Senate will take up some sections of the White House’s $2.25 trillion infrastructure bill starting next week.
Europe-bound shipments from China, which surpassed the U.S. as Europe’s largest trading partner last year, are increasingly moving through a new trade corridor of railroads, seaports and air hubs in Europe’s neglected areas with support of Chinese investment.
Major U.S. trucking firms are boosting pay as they scramble to hire more drivers amidst surging demand and the tightest labor market in decades.
Logistics conditions remain strained, with trucking demand exceeding availability and continued congestion at ports due in part to operating challenges related to the pandemic. Clients are advised to provide expanded lead times on orders to help ensure delivery dates.
There were 75,375 new COVID-19 cases and 956 deaths in the U.S. yesterday. Over 194 million vaccine doses have been administered, with 21.2% of the population fully vaccinated.
Economic growth in Germany is expected to hit 3.7% this year, a downward revision due to a longer than expected COVID-19 lockdown.
Despite a 10% decline in total production in the U.K. last year, British workers’ average hourly output rose 0.4%, a sign of the pandemic’s disproportionate impact on lower-paid jobs.
Core machinery orders in Japan fell the most in nearly a year in February, concerning officials who hoped that more investment in plants and equipment would help the world’s third-largest economy rebound quicker.
A newly created battery industry group in Japan is seeking increased government support to combat the growing market power of China, the U.S. and Europe.
Nikola, IVECO and OGE are partnering to create infrastructure for refueling hydrogen-powered fuel-cell electric vehicles in Germany.
Air Canada will begin purchasing aircraft from Boeing and Airbus again after gaining funding in a government aid package.
Brazil, seeking $1 billion in foreign aid to preserve the Amazon rainforest, must show that it can reduce deforestation before Norway, the top donor in the past, will resume payments.
Our next Plastics Reflections Web Series is Tuesday, April 20 at 1:00 pm CT. This webinar focused on Driving Sustainability Action in the Plastics Industry will feature panelists from Business Publishing International (BPI), Danimer Scientific, Coca-Cola and M. Holland. Click here to learn more and register.
M. Holland’s 3D Printing group offers a rapid response alternative for producing selected parts where resin availability is tight during prevailing force majeure. For more information, email our 3D Printing team.
Market Expertise: M. Holland offers a host of resources to clients, prospects and suppliers across nine strategic markets. To arrange a videoconference or meeting with any of our Market Managers, please visit our website.
M. Holland Company
We will provide further COVID-19 bulletins as circumstances dictate. For all COVID-19 updates and notices, please refer to the M. Holland website.
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