M. Holland is excited to be the Headline Sponsor for the upcoming Injection Molding & Design Expo in Detroit! This two-day trade show will highlight the latest technologies, materials, equipment and opportunities in injection molding. The event is May 25-26 and admission is free. Click here to learn more.
Haleyanne Freedman, M. Holland’s 3D Printing Market Manager, will be discussing Open Platform Adoption in Additive Manufacturing. Don’t miss her presentation in the Designing the Future Theater on Wednesday, May 25 at 4:00 pm ET.
Josh Blackmore, M. Holland’s Global Healthcare Manager, is facilitating a training seminar on Understanding Material Selection for Medical Devices, from Qualification to Approval. Mark your schedules for this session in the Training and Development Theater on Thursday, May 26 at 9:15 am ET.
Oil prices rose modestly Friday as WTI notched its fourth straight week of gains. U.S. natural gas prices fell almost 3% on signs of cooler weather in the coming weeks.
In mid-morning trading today, WTI futures were up 0.1% at $110.40/bbl, Brent was up 0.4% at $113.00/bbl, and U.S. natural gas was up 4.3% at $8.43/MMBtu.
The U.S. Forest Service will halt controlled burns after accidentally helping start New Mexico’s Calf Canyon blaze, now consuming over 300,000 acres and displacing tens of thousands of people. The state closed two of its national forests.
Only 11% of shipments from Asia arrived on time in North America this month, down from 18% last year and 59% in 2020.
Container lines removed about 25% of capacity from Asia-West Coast routes in late April and early May.
Prices for dry bulk’s largest capesize vessels surged to a five-month high this month.
Current orders for new container ships are equivalent to about 30% of the capacity of the existing global fleet.
South Korean shipper HMM’s first-quarter profit rose nearly 20-fold to $2.4 billion.
Supply chain challenges are prompting more Americans to keep their vehicles longer, with the average age of light vehicles in operation jumping to 12.2 years in 2022, a near two months increase from 2021.