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IN THE NEWS with Fastener News Desk the Week of June 17, 2024

Fastener News Desk

Read full article from Reuters. Rising freight rates are a new source of concern in the global supply chain with forecasts warning that ocean cargo prices could reach $20,000 — potentially even touch the Covid era peak of $30,000 — and stay there into 2025 according to a new report from CNBC.

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PLC module coordinates real-time data in coal shipping application

Control Engineering

Reducing environmental impact, costs and processing times are high priorities across the supply chain. Changing conveyor routes and cargo train conditions. In this application, steelmaking coal comes in from cargo trains, is processed on-site and loaded onto large Handymax or Cape-size vessels. Courtesy: Softing.