Novo Nordisk Raises 2023 Sales Outlook on Strong Demand for Wegovy and Ozempic
Novo Nordisk has raised its full-year sales and operating profit outlook due to high demand for its weight loss drug Wegovy and diabetes treatment Ozempic.
EV Auto Industry Struggles as Supply Outpaces Consumer Demand
The auto industry is facing a significant challenge as the supply of electric vehicles outpaces consumer demand.
Trucking Industry Faces Ongoing Downturn in Freight Cycle, Balanced by Positive Destocking Trends Amid Low Demand
The trucking industry experiences an ongoing freight cycle downturn, although positive de-stocking trends have provided some balance amid low demand.
The growth of Japan's exports has slowed down to its weakest pace since 2021 due to a decline in demand
Japan's exports have experienced their weakest growth in over two years, signaling a global economic slowdown and adding uncertainty to the country's growth outlook.
Rolls-Royce Highlights Ongoing Concerns Over Supply Chain Disruptions
Rolls-Royce Holdings Plc acknowledges that supply chain disruptions remain a significant operational challenge, echoing concerns expressed by other manufacturers such as Airbus and Boeing.
Steadying the Ship: Apple iPhone Supply Finds Stability Following Disruptions in China
Apple has successfully addressed the production disruptions it faced last year, with CEO Tim Cook stating that iPhone supply was not an issue during Q2.
Indication of Significant Weakness in Box Demand Emerges
Weakness in U.S. box demand continues to reflect the challenging state of the goods economy, with the three largest North American containerboard/box producers reporting significant declines in Q1.
Lack of EVs at Dealerships Persists, Despite Growing Demand
Despite the growing popularity of electric cars and trucks, two-thirds of US car dealers surveyed in a new Sierra Club study published on Monday, didn't have any battery-electric or plug-in hybrids for sale in 2022, new or used.
2030 Projection: Significant Increase in Demand for Robots for Inventory Picking
Inventory picking robots are autonomous machines designed to retrieve items from shelves or storage locations in a warehouse or fulfillment center.
FIATA calls for renewed detention and demurrage fees to pre-pandemic levels
The International Federation of Freight Forwarders Associations has cited the easing of container volume surges and the unclogging at the nation’s largest ports for a reason for the adjustment.
World’s largest shipping company MSC is betting on global economy rebound
Often viewed as a barometer for global trade, Mediterranean Shipping Company is claiming that it expects the ocean container market to grow in late-2023.
Port of Oakland executive director aims to recapture cargo volumes
The Port of Oakland, like other ports around the world, is a critical hub for international trade and commerce.
Carriers forced to reduce ocean container rates with cooling demand
After historically high freight rates in the maritime shipping industry clouded the sector while consumers panic-bought everything from furniture to toilet paper during the pandemic years - the rates have finally cooled off.
TSMC Q4 revenue increased, regardless of global declining chip demand
Taiwan Semiconductor Manufacturing Co., the company calling much of the shots in the United States semiconductor industry, is projecting a revenue drop over the next twelve months.
Companies shouldn’t sleep on demand planning
Demand planning is the process of forecasting the demand for a product or service in the future.