• DTS.USA
    5.829
    -0.005
    -0.1%
  • NTI.USA
    2.860
    0.010
    0.4%
  • NTID.USA
    2.820
    -0.040
    -1.4%
  • NTIDL.USA
    1.930
    -0.030
    -1.5%
  • OTRI.USA
    7.990
    0.040
    0.5%
  • OTVI.USA
    12,810.370
    100.000
    0.8%
  • DTS.USA
    5.829
    -0.005
    -0.1%
  • NTI.USA
    2.860
    0.010
    0.4%
  • NTID.USA
    2.820
    -0.040
    -1.4%
  • NTIDL.USA
    1.930
    -0.030
    -1.5%
  • OTRI.USA
    7.990
    0.040
    0.5%
  • OTVI.USA
    12,810.370
    100.000
    0.8%
FreightWaves LIVELogistics/Supply Chains

GSCW chat: Outlook for US industrial sector with Bloomberg’s Sutherland

Columnist says there is a trend toward bringing manufacturing back, but it isn’t a straight line

FIRESIDE CHAT TOPIC: An industrial sector update with Bloomberg columnist Brooke Sutherland

DETAILS: Sutherland is the industrial and M&A columnist for Bloomberg Opinion and publishes a weekly newsletter on those topics. It has given her a close-up perspective on the state of the U.S. industrial sector and how it is coping with the waning pandemic and the still-troubled supply chain. She is interviewed by Zach Strickland, FreightWaves director of Freight Market Intelligence.

SPEAKER: Brooke Sutherland is a Bloomberg Opinion columnist covering deals and industrial companies. She previously wrote an M&A column for Bloomberg News. She is a graduate of the Journalism & Mass Communications school at Washington & Lee University. 

KEY QUOTES FROM SUTHERLAND:

“Over the summer and kind of early fall, companies were talking about [how] they need to redesign our products and we need to think about how can we line up backup suppliers and build more resiliency into our system. And then the problems with the supply chain just accelerated so much that those workarounds were not working.”

“The larger industrials for years have been talking about local. But maybe their suppliers were not as localized as they were and that is what created a lot of these headaches. Maybe you were still getting components from somebody who was getting components from Mexico or Germany. So they need to drill down deep into those supply chains and start to understand what that looks like.”

“I think we’re starting to see some of those smaller to midsize suppliers think about relocating some of their factories to really line up with what some of those manufacturers are asking for.”

“The pricing has been off the charts for these industrial companies, and they have had no problem pushing them through.”

“There continues to be incremental progress in the supply chain. We keep hearing these anecdotes from companies that they are seeing improvement. But for every comment you hear like that, you hear from another company that says everything got thrown out of whack because of omicron and all of a sudden the supplier couldn’t get us a part. So obviously there have been a lot of stops and starts, which is a difficult way to run a business.” 

More articles by John Kingston

John Kingston

John has an almost 40-year career covering commodities, most of the time at S&P Global Platts. He created the Dated Brent benchmark, now the world’s most important crude oil marker. He was Director of Oil, Director of News, the editor in chief of Platts Oilgram News and the “talking head” for Platts on numerous media outlets, including CNBC, Fox Business and Canada’s BNN. He covered metals before joining Platts and then spent a year running Platts’ metals business as well. He was awarded the International Association of Energy Economics Award for Excellence in Written Journalism in 2015. In 2010, he won two Corporate Achievement Awards from McGraw-Hill, an extremely rare accomplishment, one for steering coverage of the BP Deepwater Horizon disaster and the other for the launch of a public affairs television show, Platts Energy Week.

One Comment

  1. 𝘾𝙝𝙖𝙣𝙜𝙚 𝙔𝙤𝙪𝙧 𝙇𝙞𝙛𝙚 𝙍𝙞𝙜𝙝𝙩 𝙉𝙤𝙬! 𝙒𝙤𝙧𝙠 𝙁𝙧𝙤𝙢 𝘾𝙤𝙢𝙛𝙤𝙧𝙩 𝙊𝙛 𝙔𝙤𝙪𝙧 𝙃𝙤𝙢𝙚 𝘼𝙣𝙙 𝙍𝙚𝙘𝙚𝙞𝙫𝙚 𝙔𝙤𝙪𝙧 𝙁𝙞𝙧𝙨𝙩 𝙋𝙖𝙮𝙘𝙝𝙚𝙘𝙠 𝙒𝙞𝙩𝙝𝙞𝙣 𝘼 𝙒𝙚𝙚𝙠. 𝙉𝙤 𝙀𝙭𝙥𝙚𝙧𝙞𝙚𝙣𝙘𝙚 𝙉𝙚𝙚𝙙𝙚𝙙, 𝙉𝙤 𝘽𝙤𝙨𝙨 𝙊𝙫𝙚𝙧 𝙔𝙤𝙪𝙧 𝙎𝙝𝙤𝙪𝙡𝙙𝙚𝙧. vcs… 𝙎𝙖𝙮 𝙂𝙤𝙤𝙙𝙗𝙮𝙚 𝙏𝙤 𝙔𝙤𝙪𝙧 𝙊𝙡𝙙 𝙅𝙤𝙗! 𝙇𝙞𝙢𝙞𝙩𝙚𝙙 𝙉𝙪𝙢𝙗𝙚𝙧 𝙊𝙛 𝙎𝙥𝙤𝙩𝙨 𝙊𝙥𝙚𝙣…
    𝙁𝙞𝙣𝙙 𝙤𝙪𝙩 𝙝𝙤𝙬 𝙃𝙀𝙍𝙀…..> http://Www.NETCASH1.Com