All posts in Economy

Industry News Bites that May Affect Supply Chain

Supply chain and material handling are industries that live in a dichotomy. They will always be needed, but the accelerated pace of change in technology creates strange obsolescences that the industries have to quickly adapt to. Here are three news […]

standards

Happy World Standards Day 2016!

Did you know today is World Standards Day? World Standards Day was launched in 1970 and is recognized and celebrated by nations around the world. The holiday celebrates the important role of stakeholders across the entire standards community including business leaders, industry, academia and […]

Election, Economy, Material Handling

The Outlook for the Economy, Material Handling and the Election

By Jason Schenker, Prestige Economics, LLC Hold on to your hats, because 2017 is likely to be a bumpy ride because of slowing global growth, Brexit fallout, oil and gas credit risks and election cyclicality! Lower global growth expectations Back […]

panama canal

The Panama Canal Expansion

Global trade patterns are expected to dramatically shift due to the recently expanded Panama Canal. The new set of locks, which opened in June, nearly triple the capacity of ships transiting the canal, from those able to carry 5,000 containers […]

East vs. West: Panama Canal Expansion to Affect Port Traffic

By Alex Batty, MHI Marketing Communications Coordinator |@mhi_alex With the Expansion of the Panama Canal, analysts are anticipating that shipping lane traffic will shift as large ships from East Asia can now choose to move through the Panama Canal, bypassing […]

OSHA Announces Changes to Penalty Structure

Staring August 2, 2016 all OSHA penalties (fines) will increase by 78%. Paul Serafini, owner of Sotera Consulting, LLC and an experienced industrial health and safety professional states, “The statutory maximum for “Serious” OSHA violations (the most common type of OSHA violation) will increase from […]

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