March 8, 2023 • Posted in Daily Bulletin

MH Daily Bulletin: March 8

News relevant to the plastics industry:

At M. Holland

  • Each year, M. Holland joins organizations around the globe to celebrate the profound achievements and ongoing efforts of women on International Women’s Day. To celebrate, a few Mployees shared their thoughts on this year’s theme of #EmbraceEquity. Click here to watch the video.
  • Plastics Business published a story written by M. Holland’s Todd Waddle, Director, Sustainability, which reviews key considerations for implementing post-consumer recycled (PCR) and post-industrial recycled (PIR) materials. Click here to read the full article.

Supply

EU’s ban on diesel fuel from Russia shifts trade patterns

Supply Chain

  • California has seen historic amounts of snow in recent months.
  • In its third major safety incident in just over a month, a Norfolk Southern conductor was killed yesterday when he was struck by a truck at a Cleveland, Ohio, steelyard, prompting an investigation of the railroad’s safety culture by the National Transportation Safety Board. Norfolk Southern plans to add about 200 temperature detectors along its tracks in the aftermath of two recent derailments in Ohio.
  • Thousands of union workers for Canadian National Railway voted in favor of striking as soon as March 21 over a contract dispute.
  • Siemens AG announced plans to invest over $220 million to build a rail car manufacturing facility in North Carolina.
  • The most recent reading of a widely tracked gauge of U.S. transportation costs showed prices falling at their fastest pace in 6.5 years of record-keeping.
https://tradingeconomics.com/united-states/lmi-logistics-managers-index-current

Domestic Markets

International Markets

Germany Factory Orders

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