Freightera
DECEMBER 21, 2023
Deglobalization will accelerate, and reshoring and localization of manufacturing will continue 2023 has seen a severe freight recession, especially in North America, with significant overcapacity and declining rates for ocean shipping as well.
NC State SCRC
SEPTEMBER 9, 2016
The recent bankruptcy announcement of Hanjin, a major shipping line, on the Friday before the last Labor Day long weekend, was a shock to everyone working in the global logistics shipping industry. Some of the ships have even been seized by creditors! ordered Hanjin to keep vessels in the U.S.
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GlobalTranz
APRIL 29, 2016
Just the shipping by boat contributes five percent of world pollution. We’ve received radioactive steel, toxic dog food and poisonous flooring products. Among the BRIC nations, manufacturing executives expressed optimism for only China and India by 2020. The US has fair labor laws and child protection laws - China does not.
NC State SCRC
JUNE 6, 2016
Moreover, he predicts that local prototyping and mass production could bring about a severe long-term contraction in global shipping, inventories, and warehouses. And eventually countries who are lower on the food chain will expand and ascend up the value chain to take over those industries now populated by Western countries.
Supply Chain View from the Field
OCTOBER 24, 2014
More and more global luxury brands such as Gucci, Louis Vuitton, and others are promoting themselves as Lifestyle brands, spanning many products including fragrance, home collections, apparel, paint, wallpaper, foods, and many other products. The entire apparel supply chain is driven by these financial metrics.
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