At our Plastics Reflections Web Series event on Oct. 13, M. Holland will host panelists from Maersk and Bank of America to discuss the macroeconomic factors influencing global and domestic economies, including impacts on the plastics industry. Click here to register.
Prices for the bulk sector’s largest vessels are picking up on growing demand from China’s construction industry, although iron ore demand remains below historical norms.
The total value of North American transborder freight moved by truck hit $77.5 billion in July, up 12.9% from a year ago.
Total inventories held by S&P 500 companies hit $1.17 trillion in the second quarter, up 19% from a year ago. U.S. wholesale inventories rose 1.3% in August, their 25th straight monthly gain.
The market for microfulfillment centers, which expanded during the pandemic as online retail sales demand grew and companies looked for new ways to ship goods, is now shrinking as merchants focus on in-store automated fulfillment and other distribution strategies.
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