article thumbnail

Equipment and technology investments among top priority for food manufacturers – says survey

AU Manufacturing

According to Felicity Parker, foodpro event and product manager, the FMCG sector experienced growth from 2020 to 2023. Here in Australia, we saw empty market shelves as a result of sea freight disruption coupled with panic and bulk buying behaviour,” she said.

article thumbnail

Signs of Australian trade rebound while New Zealand still struggles

AU Manufacturing

September data shows a 10% decrease in total vessel TEU volumes from 2020 to 2022. For time-sensitive goods such as fresh produce, some New Zealand shippers are switching to air freight to mitigate export delays. Using project44, shippers and carriers across the globe drive greater predictability, resiliency and sustainability. .

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Manufacturing PMI® at 49.1%; January 2024 Manufacturing ISM® Report On Business®

Fastener News Desk

The overall economy continued in expansion for the 45th month after one month of contraction in April 2020. (A There is a real short-term increase in the cost of international freight.” ” [Food, Beverage & Tobacco Products] “U.S. Fiore , CPSM, C.P.M., percent recorded in December. percent, 5.5

article thumbnail

Most commodity prices drop, but PE stays flat

Plastics News

Strong seasonal demand for bottled water and other beverages played a role in earlier PET price increases, as well as a lack of new capacity and freight and logistics challenges. The firm had sales of $21 billion in 2020. QatarEnergy, formerly Qatar Petroleum, is the world's fifth-largest natural gas supplier.

article thumbnail

Stronger together: WA Super Branch supports national supply network

Manufacturer's Monthly

In 2020, the originally separate BSC and CBC branches merged, providing a much more holistic service to the area,” he said. “We In addition, the Motion Industrial Centre’s position – both geographically and within the national supply landscape – offers possibilities to navigate the current import and freight delays.

Freight 52
article thumbnail

Manufacturing PMI® at 48.4%; December 2022 Manufacturing ISM® Report On Business®

Fastener News Desk

The Manufacturing PMI ® figure is the lowest since May 2020 , when it registered 43.5 percentage points compared to the November figure of 43 percent; this is the index’s lowest reading since April 2020 (35.3 ” [Food, Beverage & Tobacco Products]. Fiore , CPSM, C.P.M., percent, 0.6 percent, down 3.6

article thumbnail

Manufacturing PMI® at 52.8%; July 2022 Manufacturing ISM® Report On Business®

Fastener News Desk

This figure indicates expansion in the overall economy for the 26th month in a row after a contraction in April and May 2020. This is the lowest Manufacturing PMI ® figure since June 2020 , when it registered 52.4 percent; this is the index’s lowest reading since August 2020 (59.5 Fiore , CPSM, C.P.M., percent is a 1.4-percentage