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Reshoring to the US and Europe Accelerating, Now Also Serving CO2 Emission Reduction Objectives

The Logistics & Supply Chain Management Society

Reshoring to the US and Europe Accelerating, Now Also Serving CO2 Emission Reduction Objectives by Luc Kremers , Vice President – Asia Pacific, BCI Global Reshoring is accelerating as American and European companies want to de-risk their supply chains from geopolitical developments and supply chain disruptions.

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How is the Logistics Economy Holding Up?

Logistics Viewpoints

But cross-border trade is an important part of the global economy and much of this trade is in physical goods that must be stored, shipped, transported, and eventually consumed. In contrast, the overall manufacturing PMI for the Eurozone was quite weak with Germany and Austria reporting the lowest levels.

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This Week in Supply Chain News (February 19 – 23)

Logistics Viewpoints

Particularly affected are routes from Asia to Germany, experiencing a remarkable 55% increase in transit times, resulting in an average delay of 12 days. Infor, because of Infor Nexus transportation and visibility solution, has excellent data on global shipping. GlobalFoundries will also make available another $1.6

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Top 8 Industries Affected by The Red Sea Crisis in January 2024

Resilinc

The British Retail Consortium warns that higher transportation and shipping insurance costs could lead to delays and price hikes, potentially affecting product availability over the coming months. Telsa has also announced plans to pause production in Berlin, Germany as a result of the Red Sea attacks.

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2020 Trends in Freight Transportation, and the COVID-19 Impact

Logistics Bureau

Now the entire freight transportation industry, across air, ocean, road, and rail sectors, is awash with disrupted expectations and has retreated into survival mode. Air Freight Transportation Trends 2020. Capacity from Asia Pacific to Europe – down by 30%. Capacity from Asia Pacific to North America – down by 17%.

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Resilinc’s Q1 2023 Supply Chain Disruption Data

Resilinc

Labor and Transportation Disruptions are Up Resilinc data shows labor disruptions were up 107% year-over-year. Faced with inflation, layoffs, and long hours, transportation employees are taking action in the form of strikes and protests. On February 17, more than 1300 flights were canceled by Lufthansa Group in Germany due to strikes.

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The West Coast Bottleneck with Brian Rice

The Logistics of Logistics

China, Canada, Mexico, Japan, and Germany are the top 5 exporters to the USA. The surge in ships arriving from Asia put West Coast ports under stress, which started in November and thus far has continued through into the summer months. While American consumers demand went up, transportation and logistics companies struggled to keep up.