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FedEx Announces Plans to Raise Rates for Ground, Express, and Freight Services.

American shipping giant FedEx has announced a rate increase across its delivery services, effective January 2025. This adjustment will affect both U.S. and international shippers, impacting the cost of handling both lightweight and heavy packages. The adjustment is driven by challenging economic conditions, including rising operational costs, inflation, and fuel prices in the United States….

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US Boeing Faces Major Production Delays Amid Worker Strike

Boeing is currently facing substantial production delays due to an ongoing worker strike. This situation has caused disruptions in operations and raised concerns within the industry. Boeing, along with Airbus, holds a dominant position globally as major aircraft manufacturers, specializing in commercial and military aircraft, as well as rocket satellite communication equipment and missiles. Boeing…

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The Global Manufacturing Industry is on Track for a 0.6% Growth in 2024

The global manufacturing industry is expected to grow by 0.6% in 2024. According to a report with significant differences in growth across various regions, the outlook excludes China, with a projected decline of 0.9%. The growth forecast for China’s manufacturing output is 2.3% for 2024. Germany’s manufacturing sector will continue to struggle while South Korea,…

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