AsteelFlash Transportation Market Update: Air & Sea Freight
AIR FREIGHT Airfreight rates on major east-west trades continued to increase compared to a year ago in May despite analyst figures showing demand declines over the last few months. The latest figures from the Baltic Exchange Airfreight Index (BAI) show that average rates from Hong Kong to North America in May increased by 21.7% year […]
World Economic Forum and Accenture Report Finds Achieving Full Circularity in the Automotive Industry Could Increase Value Chain Profitability by 50%
The auto industry will need to expand its focus from vehicle sales to the full vehicle lifecycle, collaborating significantly with other players in the value chain NEW YORK–A new report from Accenture (NYSE: ACN), the World Economic Forum and the World Business Council for Sustainable Development suggests that the automotive industry could increase the profitability […]
North American EMS Industry Up 9.4 Percent in May
IPC releases EMS industry results for May 2022 IPC announced the May 2022 findings from its North American Electronics Manufacturing Services (EMS) Statistical Program. The book-to-bill ratio stands at 1.35. Total North American EMS shipments in May 2022 were up 9.4 percent compared to the same month last year. Compared to the preceding month, May […]
The Koh Young Story: Twenty Years of Innovation – Part Four – A Steady Course
In parts one to three of this series, taken from an in-depth interview with Dr. Koh on the occasion Koh Young’s 20th anniversary, we’ve explored the history of Koh Young, but that hasn’t happened in a vacuum, so how have the disruptions and challenges faced by the world and the manufacturing industry affected Koh Young?