In the latest episode of "The Freight Caviar Podcast", we sit down with Andy Hedrick, CEO of Green Path Tech. He shares insights on how your business can be more sustainable, and talks about their fuel-saving technology.
Modi's US Visit: India as Global Manufacturing Hub
PM Narendra Modi's US state visit seeks to bolster India's role as a manufacturing alternative to China. New deals, including Tesla's promised investment and approval for military engine production, underpin India's growing economic importance.
Indian Prime Minister Narendra Modi's visit to the US aims to strengthen economic ties, focusing on deepening India's role as a diversified manufacturing hub amid tensions between the US and China. Companies like Apple have already moved some production to India and around 60 Fortune 500 firms are run by Indian-origin CEOs. New investment promises from Tesla and permissions for manufacturing military jet engines are expected from this visit, affirming India's growing strategic and economic importance.
August PMI shows manufacturing still contracting. Production plummets to lowest level since May 2020 as demand weakens and inventories rise. But there may be relief moving into the holiday season.
The U.S. manufacturing sector faces contraction with a PMI of 48.7 in May 2024, while manufacturing construction hits a record high. What's up with these mixed signals?
Keep up with the freight broker world in 5 minutes.
Join over 12K+ subscribers to get the latest freight news and entertainment directly in your inbox for free. Subscribe & be sure to check your inbox to confirm (and your spam folder just in case).
