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IN THE NEWS with Fastener News Desk the Week of September 23, 2024

Fastener News Desk

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.

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Celebrating excellence in growth

Manufacturer's Monthly

“They’ve got order books at record highs, but are struggling to deliver in terms of the global supply chain in particular with high lead times and high freight costs. The skills shortage is also causing a lot of headaches at the moment. What we’re seeing is manufacturers adapting and dealing with these situations.

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Fastener Distributor Index (FDI) | July 2023

Fastener News Desk

We suspect vacations and/or Fourth of July holiday timing (on a Tuesday) played a role; some respondents suspect so as well: “July bookings really dropped, shipments of previous orders are still going out the door, but new orders [were soft]. Sales exceeded expectations for only 10% of respondents. Others see more stabilization (ex.

Freight 52
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Manufacturing PMI® at 48.4%; December 2022 Manufacturing ISM® Report On Business®

Fastener News Desk

More attention will be paid to demand as we enter the first quarter to shore up order books for the next six to 12 months,” says Fiore. Copper; Electrical Components (2); Electricity (2); Electronic Components (25); Freight*; Labor — Temporary (4); Semiconductors; and Zinc. SOURCE Institute for Supply Management.

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Manufacturing PMI® at 52.8%; July 2022 Manufacturing ISM® Report On Business®

Fastener News Desk

“Current order books are full, but there have been signs of a slowdown beginning in the fourth quarter.” The data should be compared to all other economic data sources when used in decision-making. SOURCE Institute for Supply Management. Routine work is also very difficult.” ” [Primary Metals].

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New Survey from NAW Shows Wholesale Distribution Industry Faces Massive Disruption

Fastener News Desk

We are in the book distribution business , and a strike would have a massive impact on the industry. UPS is too big of a factor in the book industry. SOURCE: NAW ### RELATED CONTENT: Potential UPS Strike Could Be Costliest in a Century ISA’s Emerging Leaders Channel Certification Program Surpasses Enrollment Expectations

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India’s EV Revolution: E2W and E3W show the way

Dinesh Mishra

which are 15% to 30% lower even at the landed cost (including freight and duties). Another important role of retired batteries is as a source for mining raw materials for locally manufacturing new batteries for EVs. Currently, most the OEMs are importing all HV EV components like OBCs, inverter, motors, battery, etc.