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Our strategic location on the main freight route from Queensland to Victoria, along with proximity to Wollongong and Port Kembla, makes our location ideal for sourcing local goods, but also importing and exporting, said Danae Vitnell, economic development manager, Goulburn Mulwaree Council.
Regional PET bottle resin prices also were up 2 cents for the month, according to market sources contacted by Plastics News. Regional PE demand also had been down because processors had built larger-than-normal inventories after the COVID-19 pandemic, sources said. Mexico was the largest source of U.S. It’s OK, but not great.”
Regional PE demand also had been down because processors had built larger-than-normal inventories after the COVID-19 pandemic began, sources said. Strong seasonal demand for bottled water and other beverages played a role in lifting PET prices in 2022, as well as a lack of new capacity and freight and logistics challenges.
Regional PP prices were down an average of 15 cents per pound, according to market sources contacted by Plastics News. That drop was a combination of a decline in price for polymer-grade propylene (PGP) feedstock and buyers reclaiming some margin from PP makers, sources said. One market watcher said U.S.
The International Longshoremen’s Union is demanding significantly higher wages and a total ban on the automation of cranes, gates and container movements that are used in the loading or unloading of freight at 36 U.S. SOURCE: Vimi Fasteners NEFCO announced the official opening of their new 75,000 sf distribution center in Austin, TX.
Designed to be used with the latest Euro-6 trucks, and as a sustainable fuel source with a significantly lower carbon footprint than diesel, manufacturers believe it can reduce CO2 emissions by up to 90%.
There is a real short-term increase in the cost of international freight.” Forecast sales have decreased slightly in most product segments, with only limited growth related to customers’ competitive sourcing and moves to new technology. ” [Food, Beverage & Tobacco Products] “U.S.
That drop came from a 1-cent downward move for polymer-grade propylene feedstock and from buyers taking back 3 cents in margin, according to market sources contacted by Plastics News. Since September, regional prices for polycarbonate are down an average of 11 cents per pound, according to sources contacted by PN.
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. But that doesn’t mean we don’t try to be proactive with our customers.
The seven industries reporting contraction in July compared to June, in the following order are: Wood Products; Furniture & Related Products; Paper Products; Miscellaneous Manufacturing; Fabricated Metal Products; Food, Beverage & Tobacco Products; and Chemical Products. ” [Food, Beverage & Tobacco Products].
Some companies are already looking at ways to pivot as they face uncertainty over the next four years, said Lisa McEwan, co-owner of Hemisphere Freight and Customs Brokerage, which helps clients including candy companies import and export between the U.S. and Canada. “It’s not feasible.” to avoid supply chain disruptions.
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