What Does the Paper Shortage Mean for American Manufacturers?
One of the largest industries in the world, the pulp and paper sector is a critical link in the industrial supply chain. Employing just over 48,000 workers across 216 domestic mills, the U.S. paper mill industry was valued at 34.6 billion dollars last year.
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Demand for Frozen Food Drives Need for Refrigerated Trucks, Cold Storage
To meet growing demand, 90% of 3PL providers are planning to expand their cold storage capacity in the next few months by acquiring more cold storage warehouses and building new facilities.
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Meat, Coffee, Dairy, Frozen Food Shortages Spread as Consumers Stock Up
Seeing empty store shelves on a recent grocery run may have had you flashing back to shopping shortages back in 2020. Despite expectations that stockpiling would stop as food and other resources became increasingly available over the past year, reports note that consumers are still purchasing extra food and household staples because of enduring uncertainty about product availability.
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75% of Women Would Recommend Manufacturing Careers, New Thomas Report Says
Last week, we released the results of our Career Advancement for Manufacturing Annual Report, which is an annual research study conducted in partnership with the Women in Manufacturing Association. With input from more than 650 industry professionals, our report unveils key insights into representation across industry and highlights strategies to further diversify the sector.
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As Americans Ship 14.7 Billion Packages Annually, Box Demand Soars 198%
We've all seen the familiar sight of delivery boxes from brands like Amazon and Chewy stacked up in front of a neighbor's door, with the pile of boxes seemingly growing every week. It's not just your imagination; 14.7 billion parcels were shipped in 2019, a 9% increase over 2018.
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Anticipating Big Market Opportunities, EV Battery Technology Drove More Than $6 Billion in 2021 Investments
As electric vehicles gain traction across the auto market, car manufacturers are exploring different battery technology options to optimize their newest models. While some are still focusing on lithium-ion offerings, others are thinking further ahead by exploring solid-state technology.
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3D Printing Ready for Primetime" with New Construction, Pharmaceutical Applications
Last year, investors directed almost $1 billion of funding toward 3D printing industry investments, indicating that the future of 3D printing is expanding quickly. On the Thomasnet.com platform, our data shows that demand for 3D printers is up 170% year over year and 75% over Q4 figures.
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Tesla Accelerates in Q4 as GM, Ford, VW, Nissan Hit Supply Snags
Car inventory across a number of big names, including Honda, GM, VW, Range Rover, and Ford, are at their lowest point since the 2000s due to key component shortages that limited consumer buying options.
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Current Supply Chain Disruption Impacts More Significant Than 2008 Financial Crisis
Two new reports published earlier this month illustrate the record-breaking impacts of supply chain disruptions on global shipping costs, noting that today's disruptions are even more significant than those during the financial crisis of 2008.
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Engineering, CNC Machining, Metal Stamping Among Most In-demand Services in Q4 2021
In today's Index Report, we'll take a brief look back on industrial sourcing activity and national procurement trends over the course of Q4 2021 based on data from our more than 70,000 product and service categories on Thomasnet.com. We'll also share our predictions for two areas we expect will see a substantial spike in sourcing activity in Q1 2022.
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