Tractor Demand Surging to Record Levels After Deere & Co. Strike
While it is common to see a rush on both new and used tractor and other machinery purchases at the end of the year, experts are saying this is the most intense surge in demand and sales that they’ve seen in decades.
Read More »Christmas Trees Will Be 25% More Expensive This Holiday Season
CNN just released a new report outlining that American consumers will likely pay up to 25% more for artificial Christmas trees this year amid ongoing shipping delays and supply chain disruptions. This data confirms concerns originally shared by the American Christmas Tree Association, which predicted a widespread tree shortage this season.
Read More »OSHA Reveals Top Safety Violations of 2021
Last month, the Department of Labor’s Occupational Safety and Health Administration - better known as OSHA - published its list of the 10 most-cited workplace safety violations for the agency’s fiscal year.
Read More »63% of Industrial Sector Will Use LED Lights by 2025
Demand for LEDs, which stands for light emitting diodes, is currently up 605% year over year and is up 480% over last quarter averages on the Thomasnet.com platform.
Read More »$1.4 Billion Golf Equipment Supply Chain Straining to Meet Surging Growth
The sport has grown massively more popular during the pandemic as Americans look for new outdoor activities, especially athletic ones that can be played at a distance from others.
Read More »88% of Industrial Businesses Are Now Prioritizing Sustainable Manufacturing
A recent study from Oxford Economics highlighted that 65% of companies have created a clear mission statement around sustainability, with another 23% noting that they are in the process of developing such a statement, for a total of 88% of companies prioritizing sustainability.
Read More »What Were the Top 5 Industrial Services, Top 5 Industrial Products Sourced in Q3 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 Q3 2021 based on data from our more than 70,000 product and service categories on Thomas.
Read More »With Demand Soaring, Booming Food Sector Turns to Food Contract Manufacturing
Still reeling from the impacts of COVID-19 and scrambling to address continued, long-term disruptions, the food supply chain has had a very tumultuous year.
Read More »Surge in Construction Projects, Infrastructure Package Fuel Major Demand for Cement
On a positive note, the Chief Economist of the Associated Builders and Contractors organization says that he expects to "see a better equilibrium form over the course of this year and into next year."
Read More »UPS, U.S. Xpress Say Shipping Demand, Labor Shortages Are Straining Trucking Sector
As shipping demand continues to surge at record high levels, it’s putting an incredible strain on American trucking companies. And while demand is growing for trucks and trailers, there’s another critical element required for a smooth logistical operation: drivers.
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