Author: Kloepfel
HWWI commodity price index rises for the first time since the beginning of the year HWWI overall index increases by 21.7 % (US dollar basis) Crude oil prices rise by 39.9 Slight decrease in prices for food and beverages by 1.8 (Hamburg, 10 June 2020) The decline in the HWWI commodity price index caused by the corona crisis did not continue in May. The HWWI commodity price index rose by an average of 21.7 % (euro basis: +21.2 %) compared with the previous month and stood at 65.3 points (euro basis: 66.5 points). The increase in the HWWI overall index…
“We must redouble our efforts” Because of the difficult to assess situation – caused by the corona virus – China’s leadership has announced that for the first time since 1990 no growth target can be set. Hong Kong has also introduced a new law. At present, the annual meeting is held in the National Congress rounds. About 3,000 delegates from all over China travelled to the capital for the event. Because of the circumstances this year, many things were handled differently than usual. This year, for example, the annual meeting will take place in May and not in March and…
67 percent lower registration figures in April In April this year, the market for commercial vehicles in the EU collapsed drastically due to the corona pandemic. According to the European Automobile Manufacturers Association (ACEA), 61,369 new vehicles were registered in the month. This is 67 percent less than in April last year. The effects of the corona crisis hit all 27 EU markets and every commercial vehicle segment during this period. In April, the drop in registrations was particularly strong in Spain (minus 87.8 percent compared to last year), Italy (minus 85.5 percent) and France (minus 82.4 percent). In Germany,…
Commercial giant leases twelve converted cargo aircraft Amazon will lease twelve additional converted Boeing 767-300 freighter aircraft, increasing its fleet to over 80 planes as part of its dedicated air cargo network. The company announced this in a press release on Wednesday. Amazon is continuing to adapt to the changing needs of its customers and is investing in ways to offer fast and free delivery. The twelve additional aircraft are leased from the Air Transport Services Group (ATSG). The aircraft will join Amazon’s existing fleet of 70 aircraft and expand the company’s total network to over 80 aircraft. One of…
HWWI commodity price index continued to record strong price losses HWWI overall index fell by 22.9 % (US dollar basis) Crude oil prices have fallen by 31.6 7.2 % decline in prices on the markets for industrial raw materials (Hamburg, May 12, 2020) The HWWI commodity price index fell in April by an average of 22.9% (euro basis: -21.3%) compared to the previous month and stood at 53.7 points (euro basis: 54.9 points). The ongoing corona crisis continued to have a significant impact on developments on the global commodity markets in April, causing sharp price losses. The global curfews imposed…
The Kloepfel-Academy supports with free webinars Even before the Corona crisis it was already obvious that “smart sourcing is sustainable”. Purchasing expertise is currently critical for many companies – there is hardly any medium-sized company that does not have to deal with supply bottlenecks and production lockdowns in international supply chains. The result is: A high pressure for buyers. Now it is essential to build up expertise quickly and effectively to identify and master supply chain issues. This is where the Kloepfel Academy steps in: Purchasing expert Stephan Hofstetter outlines in online seminars what really matters now and how buyers…
Last week, our mascot Kloepfi accepted several million protective masks at Frankfurt Airport for one of our customers. He is a real saviour in the crisis. If you are also looking for respirator masks for your company, please contact our Kloepfel Mask Force! We procure tested masks for you and screen suppliers all over the world. No way is too far for our customers! You can reach us via our hotline Hotline +49 211 875 453 23 or by email to corona.taskforce@kloepfel-services.com. Stay healthy!
German industry is being ramped up Production significantly limited 56 percent rate the future of their company as critical 81 percent struggle with supplier failures 75 percent have logistical problems Supply situation with mouthguards etc. limited Compliance with safety distances often difficult Companies join forces How well can Germany’s industry produce again? What is slowing down its production? And to what extent can companies contain the spread of the coronavirus internally? To find out, the procurement consultants of Kloepfel Group have interviewed 268 specialists and executives of the German industry in an online quick survey. The random sample survey was…
Analysis. Measures. Implementation
Location-independent remote solutions like storelogix as a possible answer Unfortunately, the corona virus shows in a very harsh and direct way the challenges that such a crisis brings with it on many different levels of society. It is becoming increasingly clear that companies need digital products, decentralized solutions and remote applications to maintain work processes. This is also true in the field of logistics, or as part of it, warehouse management. This is because the Corona-Crisis is also hitting this area drastically. For example, fast moving consumer goods, i.e. products for everyday use, must be replenished very quickly and efficiently,…
VDMA survey reveals drop in orders and cancellations In mechanical engineering, the effects of the Corona-Pandemic are now being felt across the entire industry. This is made clear by the results of a recent survey by the German Engineering Federation (VDMA), in which 724 of the member companies took part. According to this survey, 90 percent of the mechanical engineering companies feel affected by the economic consequences of the Corona-Pandemic. According to Dr. Ralph Wiechers, Chief Economist of the VDMA, the demand side is increasingly causing concern. He explains: “As early as mid-April, 75 percent of those surveyed had already…
Corona-Crisis inhibits supply from Asia EU health ministers held a video conference on Tuesday to discuss how to ensure the European supply of medicines. The reason for this was delivery shortfalls and delays of active ingredients and preparations from Asia. Cause for shortages often abroad An interview with Stefan Kluge in the ARD magazine “Plusminus” shows how serious the situation is. The director of intensive care medicine at the University Medical Center Hamburg said last week: “There are already hospitals in Germany that no longer have Propofol. Without Propofol, patients cannot be put under anesthesia – it is necessary, for…
World’s largest container shipping company describes 2020 as a challenging year The integrated logistics service provider A.P. Moller-Maersk, which is the global market leader among container shipping companies, is warning of a drop in global demand for container services in the wake of the corona pandemic. The company originally expected the market to grow by 1 to 3 percent this year. Now, Soren Skou, the Chairman of the Board of Directors of A.P. Moller-Maersk, fears a decline in volume in all business areas of 20 to 25 per cent for the second quarter of this year due to the continuing…
HWWI commodity price index continues to fall due to the Corona crisis HWWI commodity price index fell by 29.2 % (US dollar base) 38.6 % decrease in crude oil prices Price decline of 2.1 % on the markets for industrial raw materials (Hamburg, April 16, 2020) The HWWI commodity price index fell in March compared to the previous month by an average of 29.2 % (Euro base: -30.4 %) to 69.6 points (Euro base: 69.7 points). Developments on the commodity markets were significantly influenced by the worldwide spread of the coronavirus and the quarantine measures imposed by the states. Due…
European Paper Converters Association (CITPA) fears delivery problems The European Paper Converters Association (CITPA) recently informed about an imminent shortage of necessary packaging material due to the spread of the corona virus. These fears are shared by several associations representing various companies in the packaging industry. They have therefore written a letter regarding the effects of the corona virus, which CITPA published on its website. A functioning supply chain for packaging of food and pharmaceutical products is considered essential for maintaining security of supply. This is because transport and sales packaging can be used to make goods available to the…
Online trade is not benefiting as much as expected To further contain the corona virus, a curfew has been imposed in many countries. Many shops had to be closed, which is why many people are now experiencing a boom in online trading. The German E-Commerce and Mail Order Association describes this assumption as “simply wrong”. Online sales are also suffering greatly from the Corona pandemic. The German E-Commerce and Distance Selling Trade Association states that 20 percent of e-commerce sales have fallen in contrast to the previous year. Bevh president Gero Furchheim explains: “E-commerce is a normal shopping channel today.…
World trade could fall by up to 32 percent The World Trade Organization (WTO) expects a severe recession in the global economy this year. According to the press conference, the WTO is expecting a slump in global trade volume of 13 to 32 percent this year. This is a range between an optimistic and a pessimistic scenario. According to trade experts, the decline will in any case be greater than in the financial crisis of 2008, according to Roberto Azevedo: “These figures are ugly”. He added: “But a quick recovery is possible.” According to the WTO, trade will be particularly…
Kloepfel 4PL Solutions has launched Task Force “Emergency Logistics” +49 211 875 453 23 Don’t let the coronavirus stop your worldwide logistics. To ensure that your logistics survive the corona crisis in the best possible way. Kloepfel 4PL Solutions has set up a task force “Emergency Logistics” for you on 0211 875 453 23. Call this hotline if, you need an emergency transport within a few hours, employees or forwarding agents are unavailable, you are looking for storage capacity or you need help with customs. Your security of supply is our top priority. The services of the Corona “Emergency Logistics”…