Tag: Supply chains
Renewed strikes bring container shipping to a standstill
Dusseldorf Renewed waves of strikes in Germany and the USA are increasing concerns about even more serious traffic jams in seaports worldwide. Corona-related lockdowns and labor disputes in container shipping…
Consumers do not trust the economic recovery
Beijing China’s economy stabilized in May. But China’s consumers do not trust the recovery so far. While industrial production grew by 0.7 percent in May compared to the same month…
Hapag-Lloyd equips three million containers with sensors
Container loading in the seaport of Rotterdam Hapag-Lloyd wants to equip all of its own containers with sensors. (Photo: IMAGO/Jochen Tack) Dusseldorf Hamburg-based Hapag-Lloyd will be the first shipping company…
SAP and Bosch rely on SCM
Hanover Pictures of overcrowded container ports, such as those seen in Los Angeles or Shanghai, have not been uncommon since the outbreak of the corona pandemic. Again and again, unforeseeable…
Lockdowns also weighed on China’s economy in May – but the mood in companies is brightening
This is shown by the Purchasing Managers’ Indices (PMI) for the manufacturing and services sectors, which were released on Tuesday. These are the first economic indicators for the month of…
How bad will the crisis be for the global economy?
A storm through the world economy There is talk of a “perfect storm”. This is how the US economist Kenneth Rogoff describes the danger of a simultaneous recession in Europe,…
How bad will the crisis be for the global economy?
A storm through the world economy There is talk of a “perfect storm”. This is how the US economist Kenneth Rogoff describes the danger of a simultaneous recession in Europe,…
Ship jams in Shanghai continue for months
shanghai The port of the metropolis has been hit hard by the city’s tough lockdowns. (Photo: dpa) Munich According to Allianz shipping experts, the mega-traffic jam in the world’s largest…
How the group is preparing for a gas supply stop
Color pigments from Lanxess production The specialty chemicals group has large locations in Leverkusen, Dormagen and Krefeld. (Photo: Lanxess AG) Dusseldorf Lanxess boss Matthias Zachert makes one thing clear: In…
War in Ukraine causes considerable problems in purchasing
Gazprom refinery in Moscow 39 percent of large German companies fear bottlenecks in their own production if deliveries are stopped. (Photo: IMAGO/ITAR-TASS) Dusseldorf The consequences of the war in Ukraine,…
Deutsche Bank advises strategic raw material reserves
Aluminum ingot from Russia Germany is also dependent on imports from Russia and China for many raw metals. (Photo: Reuters) Frankfurt, Zurich According to Deutsche Bank, Germany and other European…
Why they are not worthwhile for companies
plastic parts Many companies hoard important primary products. (Photo: obs) All of us are probably familiar with the situation over the past few years: when you go shopping in the…
Olaf Scholz in Tokyo instead of Beijing – course correction of German Asia policy
Tokyo Chancellor Olaf Scholz is shifting the focus of German Asia policy. The first trip to Asia of his term of office on Thursday will not take him to China,…
We must redesign globalization
Larry Fink had proclaimed the end of globalization, some critics of the international division of labor reported jubilantly at the end of March, after the head of the investment house…
These materials are now massively more expensive
Construction site sign and construction cranes in Munich According to a survey, nine out of ten construction companies in Germany are currently complaining about price increases. (Photo: dpa) Dusseldorf A…
Indonesia bans the export of palm oil, which increases prices
Palm oil fruits in the hands of an Indonesian farm worker In Indonesia, citizens have been demonstrating against high food prices in recent days. (Photo: dpa) Bangkok Indonesia is threatening…
Ships are backing up again in front of Shanghai
shanghai Cargo ships are backing up again in front of the port, and containers are gathering on the site. (Photo: Imago Images) Berlin The economic slump caused by the Ukraine…
Subsidiary AGCS warns of damage caused by business interruptions
After the flood in the Ahr valley Natural disasters can currently cause significant financial problems for companies. (Photo: dpa) Frankfurt A major fire broke out in Hamburg-Bahrenfeld a few days…
Subsidiary AGCS warns of damage caused by business interruptions
After the flood in the Ahr valley Natural disasters can currently cause significant financial problems for companies. (Photo: dpa) Frankfurt A major fire broke out in Hamburg-Bahrenfeld a few days…
China’s corona policy is becoming a risk for the global economy
Beijing China’s steadfast adherence to its strict zero-Covid strategy is increasingly jeopardizing global growth. The risk is “perhaps even greater than the war in Ukraine,” warns Alicia Garcia Herrero, chief…