On average, Americans who shopped during the 2022 holiday season intend to spend 39% less on gifts during the 2023 holiday season.

The port also saw the number of imported TEUs handled increase by 7% year-over-year to more than 433,000 TEUs, the first year-on-year increase in more than a year.

The airline has said it will get just 19 new Airbus SE aircraft in 2023, instead of the 30 it originally expected.

Now volatility is end to end, and supply chain planning extends beyond order fulfillment to sustainability and resiliency. The good news: They’ve updated the operator’s manual.

Lockheed Martin is now expecting to deliver 97 aircraft this year that run on existing technology, down from the previous forecast of 100 to 120 jets.

Though China had previously restricted government officials from using iPhones at work, this recent measure represents an expansion of that order.

Dun & Bradstreet found that midsized businesses are slightly more optimistic than small and large-sized companies and that global demand is expected to weaken.

Narrowbody handovers will be near the bottom of Boeing’s goal of shipping 400 to 450 of the popular 737 jets this year, said chief financial officer Brian West.

BiMCO forecasts the capacity of ship deliveries is expected to reach 2.3 million TEUs in 2023 and 2.7 million TEUs in 2024.

Tyson recently closed down its Van Buren, Arkansas plant, one of six planned shutdowns to cut costs as Tyson deals with flat demand and a drop in wholesale prices.