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.
Citing a rebound in travel demand, Delta Air Lines announced it will resume selling middle seats beginning May 1, ending social-distancing measures put in place since the start of the pandemic.
Alaska Air will purchase 23 Boeing 737 MAX jets, a further sign of confidence in the jets after a 20-month safety ban.
U.S. automobile sales jumped more than 8% in the first quarter.
Automakers, parts companies and the United Auto Workers union are urging White House action to support a “comprehensive plan” on electric vehicles, along with tax credits and other financial incentives.
Volkswagen drew criticism after revealing its announcement that it would rename its U.S. operations as “Voltswagen of America” was an April Fool’s joke intended to draw attention to its commitment to electric vehicles.
American autonomous vehicle company Motional has partnered with Lyft and Hyundai to create a robo-taxi service set to debut in select U.S. cities in 2023.
Producer prices in Brazil rose in February at their fastest rate in seven years, adding inflation to the economic woes in the country along with rising interest rates, a weak currency and rampant coronavirus. In a positive sign, the economy added a net 401,639 jobs in February, the largest gain since 1992.
Japan’s industrial output fell 2.1% in February from the previous month, as economists expect an economic contraction in the current quarter.
South Korea’s factory activity increased 4.3% in February from the previous month, the fastest pace in eight months amid a boost in semiconductor and chemicals production.
M. Holland will be closed on April 2 (Good Friday) in observance of the Easter holiday.
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.
M. Holland is proud to be named among the Plastics News Best Places to Work again this year. We also were recently named among the Best Places to Work by Crain’s Chicago Business.
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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