Industry shrinks more slowly: EMI stands at 40.8 points
The Purchasing Managers’ Index (PMI) is an important leading indicator for the development of industry. It corresponds to a weighted sum of the key figures for incoming orders, production, employment, delivery times and inventories of raw materials. In October, it rose slightly for the third month in a row and stood at 40.8 points. This still corresponds to a value well below the growth threshold of 50.0 points – but with a positive trend.
Source: S&P Global
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Toll in Egypt increases by 15 per cent
Egypt wants to increase the toll in the Suez Canal: Oil tankers and other large ships are to pay 15 per cent more from 15 January 2024. The canal is the shortest route that can be travelled by ship between Europe and Asia and is extremely important for the global economy and also for supplying Germany. It is used to transport petroleum products, liquid oil, liquid gas and chemicals, among other things.
Source: Frankfurter Rundschau
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Swiss logistics project aims to reduce lorry traffic by 20 percent
In Switzerland, the Cargo sous terrain logistics project is moving transport underground: Goods are to be transported there with automated wagons at a depth of 20 to 40 metres. They will travel through tunnels flanked by hubs as loading stations. The first section of the line is scheduled to go into operation in 2031. By 2045, 500 kilometres of track are to be built between Lake Constance and Lake Geneva. They should reduce lorry traffic in Switzerland by around 20 percent.
Source: Wirtschaftswoche
Up to 11 million parcels per day at Christmas time
Santa Claus and his helpers will certainly be busy again this year: DHL is expecting up to around eleven million parcel deliveries per day – both during the online discount campaigns at the end of November and shortly before Christmas. That’s almost twice as many as on normal working days: the average figure is 6.2 million.
Source: Handelsblatt
1 in 2 service robots used in transport and logistics
Global sales of service robots are on the rise – and more than one in two devices used professionally are used to transport goods or merchandise. 86,000 units were sold in this segment in 2022 – 44 per cent more than a year earlier.
Source: International Federation of Robotics
100 H2 refuelling stations in Germany
H2 vehicles can currently refuel at around 1,000 hydrogen refuelling stations worldwide. There are around 100 refuelling points in Germany.
Source: DVZ
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Logistics expenditure increased by 20 per cent in 2 years
According to the working group for Supply Chain Services at Fraunhofer IIS, logistics expenditure in the European economy increased by almost 20 per cent between 2020 and 2022. At the same time, the increase in real volumes moved was only slight compared to the pre-corona period: the country-specific costs in road freight transport are therefore higher than determined in previous studies.
Source: Fraunhofer IIS
European logistics volume was around 1.49 trillion euros in 2022
The logistics volume of the 27 EU states, the United Kingdom, Switzerland and Norway totalled around 1.49 trillion euros in 2022.
Source: Fraunhofer IIS
China has invested 1 trillion dollars in the New Silk Road
The New Silk Road, China’s huge infrastructure project, will celebrate its 10th anniversary in 2023. The expansion includes ports, dams, pipelines, motorways and railway lines: Costs totalling around one trillion dollars have been incurred so far.
Source: manager magazin
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Global exchange of goods increases by 2 per cent
Data on ship movements worldwide show a significant increase in the global exchange of goods in October 2023: adjusted for price and seasonal effects, the figure is two per cent. This upturn is being driven by EU trade and researchers see it as a positive sign for the fourth quarter.
Source: DVZ
Consignment-related toll charges increase by 81 to 93 per cent
Shipment-related toll charges have risen by 81 to 93 per cent in the German general cargo networks. Freight forwarders must therefore expect costs to be more than 100 per cent higher at peak times in December 2023. The costs for modern diesel vehicles in the Euro VI emissions class will also rise significantly by 83.2 per cent.
Source: Bundesverband Spedition und Logistik (DSLV)
Shortage of skilled workers in transport and warehousing falls by 7 per cent
According to a survey by the Ifo Institute, the shortage of skilled labour in the transport and warehousing sector is decreasing. This has been a very positive trend since July, when the companies surveyed reported the highest shortage of staff since the data was collected in 2009. By October 2023, this figure had fallen by a full seven per cent to around 64 per cent of companies in the land transport sector and almost 45 per cent in the warehousing sector.
Source: Ifo Institut
