By Jason Schenker The outlook for 2021 is solid—especially compared to 2020. In general, the year should be one of positive growth and improvements in economic activity, even if the trend of improvements is occasionally punctuated by intermittent COVID-19 outbreaks and systemic aftershocks in industries that have experienced asymmetric negative impacts in the wake of the COVID pandemic outbreak. Buttressing ...
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MHI recently released, in collaboration with Oxford Economics, a new report, “Handling the US Economy: The Economic Impact of the Material Handling Industry.” This report explores the relationship between material handling and wider economy of the supply chain, finding that “the economic contribution of this industry extends far beyond the locations where [equipment]is manufactured… or designed.” Material handling firms are ...
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CEO UPDATE: A New Era of Supply Chain Sustainability Is Rising * By George W. Prest, Chief Executive Officer, MHI * Consumers are becoming more interested in making environmentally friendly decisions when it comes to their buying habits and the brands to which they are loyal. Studies have found anywhere from 80-85% of consumers are more likely to buy from ...
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