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Generative AI is here: How tools like ChatGPT could change your business Generative AI and other foundation models are changing the AI game, taking assistive technology to a new level, reducing application development time, and bringing powerful capabilities to nontechnical users. Business uses abound These models are in the early days of scaling, but we’ve […]

Drewry’s composite World Container Index remained relatively stable at $2,132.49 per 40ft container this week. Source: Drewry World Container Index Detailed assessment for Thursday, 12 January 2023 The composite index remained relatively stable (decreased a marginal 0.1%) this week, but has dropped by 78% when compared with the same week last year. The latest Drewry

Companies have a range of options for improving resilience. Resiliency as the new table stakes. In a survey of supply chain executives conducted in May 2020, an overwhelming 93 percent reported that they plan to take steps to make their supply chains more resilient, including building in redundancy across suppliers, nearshoring, reducing the number of

Drewry’s composite World Container Index decreased by 1% to $2,127.33 per 40ft container this week – 15 Dec 22. Drewry WCI: Trade Routes from Shanghai (US$/40ft) – 15 Dec 22: Drewry WCI: Shanghai to Los Angeles – $2,000 Source: Drewry WCI

Dec 14 22 FOMC statement. Here are the projections. In September, the FOMC participants’ midpoint of the target level for the federal funds rate was 4.625%. The FOMC participants’ midpoint of the target range is now closer to 5.125%. Current Wall Street forecasts are for GDP to increase in 2022 Q4 over Q4, slightly above

Manufacturing orders from China down 40% in unrelenting demand collapse KEY POINTS [November 2022] U.S. manufacturing orders in China are down 40% in what a logistics manager described to CNBC as an unrelenting demand collapse. Asia-based shipping firm HLS recently told clients it is a “very bad time for the shipping industry.” China to U.S.