January 25, 2021

Transportation Capacity Hits New Lows, ‘No Relief In Sight’ For Pricing

A September supply chain survey shows transportation capacity has reached new lows. The Logistics Managers’ Index (LMI), a survey of leading logistics executives, showed capacity fell to new lows, dipping another 770 basis points during the month to a 23.8% reading.

The LMI is a diffusion index, wherein a reading above 50% indicates expansion and a reading below 50% indicates contraction. The survey captures the rate of change in activity for key supply chain trends in areas like transportation, inventory and warehousing.

The September transportation capacity reading was the lowest level ever for any of the eight metrics the survey tracks. The capacity situation was even worse for “downstream firms,” or those closest to the consumer, at 16.3%.

“Clearly consumer-facing firms are struggling to find the capacity needed to meet the increasing consumer appetite for home delivery,” the report stated. “It is interesting that logistics capacity is already this pressed

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Ballard Expanding MEA Production Capacity 6x to Meet Expected Growth in Fuel Cell Electric Vehicle Demand

VANCOUVER, BC, Sept. 28, 2020 /PRNewswire/ – Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced the company is expanding manufacturing capacity for production of its proprietary membrane electrode assemblies, or MEAs – a critical component of every fuel cell – 6x by early 2021 at its headquarter facility in Vancouver. The upgraded capacity for production of 6 million MEAs annually, equivalent to approximately 1.66 Gigawatts of product, will make Ballard’s Vancouver facility the largest fuel cell MEA production operation globally for commercial vehicles. Details of the expansion plan will be reviewed at Ballard’s virtual “Investor and Analyst Day 2020” event being held on September 29th, with further event details available here.

Ballard Power Systems (CNW Group/Ballard Power Systems Inc.)
Ballard Power Systems (CNW Group/Ballard Power Systems Inc.)

“We embarked on a strategic investment to expand MEA manufacturing capacity approximately 18-months ago in preparation for expected growth in the demand for fuel cell engines

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