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Panjiva Daily: Mitsubishi’s chip shortage silver lining; O&M handles inflated glove costs

Global 1373 Panjiva Daily 708

As the automakers count the cost of reduced sales and inventories resulting from the global chip shortage there is a silver lining: unit profitability has improved. Owens & Minor have passed on higher PPE material expenses while supplies are slowing. Also: Cummins takes $100M hit from supply chain inflation; more of the same ahead; GE, Schneider Electric avoid tariffs, receive insights into Trump trade policy; Feds start review of congestion, other surcharges; vaccine export rollout gathers pace; successful Boeing test could lead China closer to making the phase 1 grade; and South Korea ...

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