Ocean Freight Rates Level Off

As the lockdown in Shanghai stretches on – and restrictions increase in Beijing and elsewhere –   the availability of exports continues to be a major factor impacting trade flows, according to cargo marketplace Freightos. Though authorities are trying to jumpstart production, manufacturing continues to drag. And with the city’s trucking capacity down an estimated 45…

Mouser Expands Phoenix Contact Offering

Mouser Electronics, Inc., the authorized global distributor with the newest semiconductors and electronic components, is an authorized global distributor of solutions from Phoenix Contact. With over 20,900 Phoenix Contact products in stock, Mouser offers an ever-widening selection of the company’s newest sensors, controllers, modular terminal blocks, splash-proof machinery connectors, wireless Ethernet products, and more, constantly adding…

Galco Opens Expanded Warehouse

Galco Industrial Electronics (Galco), a global distributor of industrial electronic components, celebrated the grand opening of its new distribution center in Madison Heights, Mich. “In 2021 Galco experienced massive growth while combatting continuous supply chain issues and delays,” said Allison Sabia, President and CEO of Galco. “Our new warehouse will allow us to find solutions…

Waldom Welcomes Akery as CEO

Waldom Electronics is excited to announce that Don Akery has joined Waldom Electronics as the company’s Chief Executive Officer. Don brings a wealth of experience and expertise to this role, having spent his entire career in the electronic component industry. Most recently, Don was President of TTI Americas and earlier in his career held senior…