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John Hogg provides an insider’s perspective on the latest industry data, technology and trends to help you make sense of supply chain, logistics and operations news. In addition to original thought pieces, he curates articles that will have the greatest impact on your business.
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2025 Warehousing Market: Insights for Buffalo, NY Manufacturers
The warehouse vacancy rate has doubled from 3.4% to 7.2% in just three years. This presents both challenges and opportunities for local manufacturers as we move into 2025. By understanding trends and implementing strategic adjustments, manufacturers can position themselves for success in an evolving landscape.
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Automation, negotiation and supply chain disruption
Contract discussions between the ILA and USMX have resumed amid tensions over automation. The ILA opposes automation, fearing job losses for its 45,000 members, while USMX advocates modernization for efficiency and safety. The current contract expires January 15, 2025, raising concerns over potential conflicts.
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U.S. manufacturing activity sank to a 15-month low in October 2024
The ISM’s October Manufacturing PMI® report indicates continued contraction in U.S. manufacturing, with an overall index at 46.5%. Key metrics like New Orders (47.1%) and Production (46.2%) show slowed activity, while employment slightly improves. Political shifts may lead to a more favorable outlook for industry growth moving forward.
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The Infrastructure Roadblock for Electrifying Heavy-Duty Trucks
While electric vehicles (EVs) are gaining momentum, charging infrastructure is lagging behind. This is especially true for long-haul trucks.