U.S. takes a hammering as freight delays continue on
As consumer demand continues to surge, warehouses, depots and ports across the U.S. are overflowing with cargo, causing major delays and escalating prices for already struggling businesses and consumers.
UK Businesses struggle amidst a ‘pingdemic’
The majority of lockdown restrictions may have now been lifted in England, but UK businesses are struggling more than ever amidst a ‘pingdemic’, with hundreds of thousands of people self-isolating after being pinged by the NHS track and trace app.
Demand sees aluminum price hike but China has plans to help them fall
There's a major global raw material shortage, which has led to considerable commodity price increases. And it doesn’t look like there is an end in sight yet. The economic cycle has a powerful effect on commodity prices and with supply relatively fixed in the short term, an unexpected shift in demand can cause sharp moves in commodity prices. And global demand has come back with a bang. Therefore, the fact that prices collapsed last year and have soared this year, is not surprising.
Businesses experiencing crippling prices and delays due to shipping disruption
The disruption caused by the Covid-19 pandemic to the shipping industry has left devastating effects on businesses that rely on importing goods from East Asia, with costs escalating at a staggering rate and delays on shipments.
Innovative airline plans to return 'supersonic speeds' to aviation industry
United Airlines are flexing their innovation muscles after announcing big ambitions to “return supersonic speeds to aviation” in 2029, with plans to purchase 15 new supersonic airliners.
Global shipping chaos caused by surge in online shopping
For the global shipping industry, chaos began with the tap of a million "buy now" buttons, with Americans trapped at home by the pandemic resorting to buying online at a relentless pace.
Global shipping industry hit by India’s Covid outbreak
Following the drama on the Suez Canal, the international shipping industry has once again been rocked, this time by India’s huge wave of Covid-19 infections.
Hybrid sales soar as we head to an electric future
Consumers appear to be making more sustainable and eco-friendly choices when it comes to choosing their next car, with new data revealing hybrid car sales have increased by 27 percent in 2021.
Which magnet is the most attractive for your project?
When it comes to magnets, we know what we’re talking about! We have been in the business of producing magnets and magnetic assemblies for two decades. Many of our customers come to us with unique challenges that entail designing and producing customized and often very complex magnetic assemblies.
An in-depth look at the changes to Shipping and Freight during a pandemic
In today’s strange social and business climate one element, in particular, has become an issue for all of us – shipping and freight. The drama on the Suez Canal, where one of the world’s largest container ships was stuck for a week and held up $billions of trade before being freed, is just the latest issue in the ongoing container crisis which began to be pressured since the start of the Covid-19 pandemic.
Hopes Raised as Ship Freed from Suez Canal
After being wedged across the Suez Canal for nearly a week, the stern of one of the world’s largest container ships has been partially freed, raising hopes for billions worth of trade resuming its journey.
Load Cells help Amazon unveil its first till-free grocery store in the UK
Doing the weekly grocery shop has never looked more high-tech, following the unveiling of Amazon’s first till-free store in London.
Discover the Reasons Behind Rare Earth Price Increases
Going back to the 1950’s, the availability of ferrite magnets started an amazing development in the world of motors for almost anything that required motion. It was ferrite magnets that enabled your vehicle’s window wipers to operate without you needing to be twisting your wrist back and forth to a cramp.
Together in Electric Dreams - Jaguar and Land Rover brands have vowed to become all-electric by 2025
Following news that Jaguar and Land Rover brands have vowed to become all-electric by 2025, the global race to profit from emission-free electric cars is well and truly on.Their plans for an all-electric future have been welcomed by academics and motor industry figures, and follows in the footsteps of fellow automakers such as Volkswagen, Ford Motor and General Motors who have made similar promises to transition to an emission-free future.
Strength, reliability, fairness, and good conscience - we welcome in the Chinese New Year and the year of the Ox
This Friday, February 12th, marks the start of Chinese New Year and we thought it couldn’t be a better time to celebrate our 20 year working relationship with our friends in China. We want to wish our friends in China a very Happy New Year!
Coronavirus-How the pandemic has changed the world economy.
The coronavirus pandemic has left national economies and businesses struggling, as governments try to tackle the spread of the virus with new lockdown measures. Despite the roll out of the new vaccine, it’s still a wonder how the world’s economy will ever recover after nearly 12 months of disruption. In this blog, we take a look at the worst hit areas, and how they are likely to get back on track in the months/years to come.
Covid-19 Continues To Cause Problems for Chinas Exporters
The dramatic shift in exporting goods to the West is causing havoc within the shipping industry, and shipping delays and rising costs are creating huge issues for the very companies that are fuelling the economic recovery.