Remove 2008 Remove America Remove Freight Remove Sourcing
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Reshoring in America: The Future Outlook, Current Hindrances & Issues, and Ways to Stimulate Reshoring

GlobalTranz

Yesterday we spoke about the top motivations and reasons why reshoring in America from offshored facilities has several benefits and what are the statistics of reshoring since 2013. Future Outlook of Reshoring in America. However, there are a million fewer manufacturing jobs than in 2008.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Image source: Financial Times.

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This Week in Logistics News (February 19 – 25)

Logistics Viewpoints

Carriers, freight forwarders, and shippers that were dealing with the China to North America trade lanes were already operating in crisis mode. They are predicting Ocean is going to increase 2-3x from $10,000 to container to over $30,000 per container and that Air freight spot rates and lead times are going to increase 3-4 times.

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A Conversation with Vittorio Favati, TVS Supply Chain Solutions GFS

The Logistics & Supply Chain Management Society

The experience stems from the ground up as an operator, then assuming global roles spanning Asia, Europe, and North America and the journey has been incredibly exciting and fulfilling. Today, a dominance of production and sourcing is considered far-sourcing, driven by attractive labour rates in Asia.

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Oil & Gas Companies Focus on Eliminating Supply Chain Waste

Talking Logistics

As the table below shows, back in 2008, the U.S. Source: “The Future of Natural Gas: An Interdisciplinary MIT Study,” [link]. Execution (Tendering, Dock Scheduling, Track & Trace, Freight Audit & Pay). trailed both Saudi Arabia and Russia in oil production, and it trailed Russia in natural gas production.

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Easier than reducing carbon footprint – 5 Steps to make a dent in the Huge and Hidden Cost of CPG Sustainability

GlobalTranz

WorldShipping.org cites data from The Network for Transit and the Environment that shows that measured by grams/kg/km air freight as the largest carbon footprint impact and steamships as the lowest. Our folks have spent much of the last 45 years on factory floors across America. Root cause . At Lantech we’re observers by nature.

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Sustainable Logistics: Quantifying Sustainability Measures of Your Logistics

GlobalTranz

WorldShipping.org cites data from The Network for Transit and the Environment that shows that measured by grams/kg/km air freight as the largest carbon footprint impact and steamships as the lowest. Our folks have spent much of the last 45 years on factory floors across America. Root cause. At Lantech we’re observers by nature.