Pandemic

Class 8 truck orders set monthly record in September

Volvo Mack dealership

Months of accepting only a trickle of heavy-duty orders turned into a torrent in September as  Class 8 truck manufacturers fully opened orderbooks, resulting in a preliminary net order record of 53,700 units, ACT Research reported.

“September Class 8 orders were sensational no matter how you slice the data,” said Eric Crawford, ACT Research senior analyst. The industry booked 249,000 Class 8 orders over the last 12 months.

September historically is when manufacturers begin filling build slots for...

https://www.freightwaves.com/news/class-8-truck-orders-set-monthly-record-in-september

End of COVID Pandemic ‘Is In Sight’, WHO Chief Says

The world has never been in a better position to end the pandemic, reports Tinker News quoting the World Health Organisation.

The end is in sight

In his most optimistic outlook yet, the Director General of the World Health Organisation (WHO) believes weekly Covid-19 deaths have fallen to their lowest levels since March 2020.

“We are not there yet. But the end is in sight,” Dr Tedros Adhanom Ghebreyesus said.

The UN-backed group raised the alarm for Covid-19 in January 2020, when it described the...

https://mfame.guru/end-of-covid-pandemic-is-in-sight-who-chief-says/

A Definite Weakness in The Market

The accelerating decline of container spot rates is proof of a downturn in the market, according to one of the industry’s most respected analysts, reports The Loadstar.

The rapid reversals

Vespucci Maritime’s Lars Jensen was referring to the rapid reversal in price direction on the Asia to US west coast and Asia-North Europe tradelanes, which saw their components in Drewry’s WCI index shed another 6% and 5%, respectively, this week.

“This clearly signals a weakness in the market, especially as we...

https://mfame.guru/a-definite-weakness-in-the-market/

188 Alice Amundsen, Vice President/Senior Adviser Gard AS

To be able to make a difference in someone’s life

In episode 188, you will listen to Alice Amundsen, Vice President/Senior Adviser Gard AS. She has been the Head of People’s Claims, which means that she has been able to make a difference in other people’s lives.
We talk about the difficulties during the pandemic in giving medical assistance to crew onboard ships. Alice is appalled by the countries that refused t repatriate the bodies of the deceased seafarers. Seafarers must be designated...

https://shippingpodcast.com/188-alice-amundsen-vice-president-senior-adviser-gard-as/

FOSC chat: Shortage of pallets driven by increase in inventory

Rachel Premack and George Brehovsky sit on the FreightWaves stage during The Future of Supply Chain event.

This fireside chat recap is from Day 1 of FreightWaves’ The Future of Supply Chain live event in Rogers, Arkansas. For more information and content from the event, click here.

FIRESIDE CHAT TOPIC: Forecasting demand and moving product during the pandemic.

DETAILS: Rachel Premack, editorial director at FreightWaves, and George Brehovsky chat about the shortage of pallets, how to manage inventory efficiently and how long CHEP’s pallets can be reused.

SPEAKER: Brehovsky is the director of supply...

https://www.freightwaves.com/news/fosc-chat-shortage-of-pallets-driven-by-increase-in-inventory

Social media is the new cold call

At the start of the COVID-19 pandemic, companies across all industries had to turn to technology in order to continue day-to-day business. Meetings took place over video calls, conversations moved to email, office space became living rooms and office equipment was inaccessible. Generating leads and prospecting became more difficult since people didn’t have access to their office phones. 

Varstar Alliance, based in both the U.S. and Canada, is a freight brokerage dedicated to ensuring all cargo...

https://www.freightwaves.com/news/social-media-is-the-new-cold-call

Customers put squeeze on maker of compressors to localize manufacturing

T/CCI workers inspect an air compressor

Dennis Flaherty ticks off the supply chain issues and the challenges to localize manufacturing faced by T/CCI, the $150 million maker of heavy-duty compressors and clutches for the mobile air-conditioning and refrigeration industries. He nearly runs out of fingers.

Even before pandemic lockdowns crimped production in Ningbo, China, T/CCI had to decide how to handle the costs associated with 25% tariffs imposed by former President Donald Trump on imported Chinese-made goods, Before that was a long...

https://www.freightwaves.com/news/customers-put-squeeze-on-maker-of-compressors-to-localize-manufacturing

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