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31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

GlobalTranz

Transportation and freight costs are reduced. Reverse logistics (returns, warranties) are more manageable closer to market. Currency exchange issues are reduced. Premium freight capacity improves. Natural gas and oil expenses contribute to extreme cost disparities in shipping from Asia to the U.S.,

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[INFOGRAPHIC] The End of Made In China Manufacturing

GlobalTranz

The erosion in the cost advantage has been driven by a confluence of sharp wage increases, lagging productivity growth, unfavorable currency swings, and a dramatic rise in energy costs, states the Boston Consulting Group (BCG) based on a study of 25 nations that account for nearly 90 percent of global exports of manufactured goods.

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[INFOGRAPHIC, REPORT, & INTERACTIVE MAP] The US Manufacturing Workforce & Making it In America

GlobalTranz

Currency manipulation by China, Japan, and other countries is one of the leading causes of the growing U.S. Author information Adam Robinson Adam Robinson oversees the overall marketing strategy for Cerasis including website development, social media and content marketing, trade show marketing, email campaigns, and webinar marketing.