Red sea attacks drive transportation costs to 15-month high and safety stockpiling increases slightly, but no signs of panic so far: gep global supply chain volatility index

Excess global supply chain capacity shrinks to its lowest level in nine months, showing the first signs of recovery in global manufacturing demand for raw materials, commodities and components, while subdued, also trends higher in january asian supply chains at their busiest in nearly a year as factory purchasing rebounds in region's key markets clark, n.j. , feb. 13, 2024 /prnewswire/ -- the gep global supply chain volatility index — a leading indicator tracking demand conditions, shortages, transportation costs, inventories and backlogs based on a monthly survey of 27,000 businesses — rose to -0.12 in january, from -0.44 in december, its highest level since last april, indicating that spare capacity across global supply chains has shrunk notably.
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