In This Edition - July 2024

1. Foam Expo 2024 Recap??
2. Industrial Sector Trade Repot - June 2024
3. July?Production & Shipping Times?
4. Season 6, Episode 113: Unleashing Your Brain's Full Potential?

Thanks for a Wonderful?Show!

A massive thank you from the National Silicone Team to everyone who stopped by our booth at the expo! For those who couldn't make it, we look forward to catching up with you soon.

The event was filled with productive discussions, new connections, and reconnections with our valued partners. We're excited about the opportunities we discovered and can't wait to follow up to continue these promising conversations!

A special highlight was the Foam Expo raffle. A big shout-out to everyone who participated.

And now, the moment you've all been waiting for... drumroll, please... ??

Congratulations to Senad Heric from Gantrade, our lucky raffle winner! Enjoy that fine bottle of scotch, Senad, and thank you for joining us!

Didn't get a chance to visit our booth? No problem! Reach out to us via the link below and save the date for next year's event: June 24-26, 2025, back in Novi.

Contact Us For More Information

Industrial Sector Trade Report - June 2024

Here is the link to the GCP Trade Report for June 2024. This report provides ongoing insights and perspectives on the various trade and cost challenges we are navigating together. Review the highlights of the report:

• According to the Institute for Supply Management Price Index, raw material prices increased in May for the fifth month in a row after eight consecutive months of decline.
• Global economic conditions further improved last month, supported by faster expansion across many sectors and regions. However, manufacturing costs have started to rise at a more pronounced rate.
• April was the fourth consecutive month and 14th of the past 15 months where Mexico has been the No. 1 exporter of goods to the U.S. Since the start of the year, imports to the U.S. from Mexico have out paced that from China by over $33.5 billion.
• Overall U.S. trade (imports + exports) rose substantially growing by $10.1 billion from the pervious month. Total trade volume is up 4.7% from a year ago, with exports up 5.1% and imports up 4.5%.
• Shipping volumes on transpacific routes remain very strong exceeding last year’s numbers. This despite structural blank sailings and longer trips due to routing around the Cape of Good Hope.
• Monthly imports to U.S. container ports are expected to reach their highest level in nearly two years this summer.
• Freight rates from Asia to N. America West Coast are now 120-190% above January’s pricing. East Coast rates are now 85-125% higher than the start of the year. Rates for both lanes have not been this high since their comedown from pandemic highs in the summer and fall of 2022.
• Some seasonality is returning to the truckload marketplace, with load-to-truck ratios rising for dry van and reefer freight. Typically, higher temperatures bring both higher shipping volumes and higher rates.

Explore these topics in greater detail by reading the full report linked below.

This month's report is 2,442 words long and takes approximately 8 minutes to read.

Download The Full Report

Expected July?Production & Transit Times

This month, we've experienced a slight reduction in our production times. The current average order completion time is now 56.3 days, down from 56.6 days.?This figure includes the time it takes to book a container, which currently stands at an average of 10.5 days.?However, it excludes ocean shipping and other transit times.

Approximate transit times (including estimated time?the ship will wait at the port before it is unloaded)?are:

East Coast: 35-45 days

West Coast: 20-30 days

July 2024 Production Times:

Premlene

• Sheet Rubber:? 50-55 Days
• Eng. Structures: 60-65 Days

National Silicone

• Solid: 55-60 Days
• Sponge: 40-45 Days
• Foam: 40-45 Days

Rubatex

• Sponge: 65-70 Days

GCP Sourced

• Molded Parts: 65-70 Days
• Clamps/Fittings: 60-65? Days
• UHMW-PE Sheet: 50-55 Days

If you have any concerns with your orders on hand or would like to discuss anything in more detail please do not hesitate to contact us?for additional support.

Contact Us

Episode #113?- Unleashing Your Brain's Full Potential??

?

Join us for an enlightening discussion with Dr. Phyllis Books, an neurotherapy expert, author, and educator who brings a unique approach to addressing brain-related challenges like dyslexia and ADHD. In our conversation, Dr. Books shares her insights on how entrepreneurs can better understand and optimize their brain functions. Given the high percentage of entrepreneurs exhibiting traits of ADHD and dyslexia, Dr. Books emphasizes the importance of investing in brain health and offers her methods for rewiring the brain to enhance efficiency and creativity.

In addition, we dive into a transformative seven-day program designed to boost creativity and brain function. Participants often start with apprehension, fearing a loss of creativity, only to discover that freeing up mental energy can significantly enhance their creative potential. Dr. Books discusses the holistic approach that addresses neurological, structural, and nutritional factors, often resulting in remarkable improvements in mental clarity and overall health. Through real-life examples, we see the profound impact of this method, leading to a renewed sense of capability and optimism.

Listen now on:

Spotify

iTunes

Web