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tariffs on imports from Canada, Mexico, and China is impacting global trade networks, affecting industries ranging from automotive and electronics to agriculture and energy. auto parts are sourced from Mexico, making the tariff impact immediate and severe. Mexico and Canada have imposed 25% tariffs on U.S.
Companies leaning heavily on global sourcing? Tariffs on steel from Chinaup 25%and retaliatory moves from Canada and Mexico may turn supplier relationships upside down. manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. For example, U.S.-based
Businesses will need to ensure accurate data reporting across core operations such as sourcing, procurement, and transactions. from Canada and Mexico. Mexico-Canada Agreement (USMCA), which governs $1.8 Mexico-Canada Agreement (USMCA), which governs $1.8 Consequently, demand for robust GTC solutions will continue to rise.
Jorge Gonzalez Henrichsen and Joe Lynch discuss why China is moving to Mexico. Jorge is Co-CEO of The Nearshore Company , where he helps North American, European, and Asian manufacturing companies to successfully establish reliable manufacturing operations in Mexico. Sustainability – long supply chains produce more green house gases.
What do you think about Mexico? It’s one of the most common questions I get these days from third-party logistics providers (3PLs), especially this time of the year as they’re finalizing their strategies for 2015 and beyond. My short answer: What do your customers think about Mexico?
It seems like we’ve come full circle with Mexico. A lot of companies set up operations and sourced from Mexico back in the 90s, then the focus shifted to China and other Asian countries, and now Mexico is back in the spotlight. What is it about Mexico that makes it an attractive trading partner again?
As reported by Paul Wiseman on February 7th, “For the first time in more than two decades, Mexico [in 2023] surpassed China as the leading source of goods imported by the United States.” This news prompted us to ask members of our Indago supply chain research community — who are all supply chain and logistics.
And now on to this week’s logistics news. based carrier’s role in Mexico as nearshoring manufacturing trends drive more cross-border trade. Based in Mexico City, Estafeta handles both packages and larger freight shipments and delivers domestically in Mexico and across the border with the U.S.
Automakers must model dual-path sourcing strategies and reintroduce buffer inventory—not just for parts, but for regulatory flexibility. Companies relocating to Mexico may face rapid reversal in cost advantage if emergency tariffs are struck down. Every major industry now faces a unique supply chain challenge.
Trade flowing across the United States-Mexico border has grown exponentially since the North American Free Trade Agreement (NAFTA) was enacted in 1994. In 2016, the value of goods traded between the two countries topped $525 billion, making Mexico the third largest trading partner of the U.S. Companies carrying freight across the U.S.-Mexico
Companies that previously prioritized cost-cutting and centralized sourcing quickly found themselves exposed to serious production and distribution risks. In response, many organizations have shifted toward decentralized and regionalized supply chain models, distributing production and sourcing across multiple regions.
The excess capacity includes warehouses in New York, New Jersey, Southern California and Atlanta, according to an article in Bloomberg.com that referenced anonymous sources. and North American countries (Canada and Mexico) in March amounted to $141.9 The US Department of Transportation reported that transborder freight between the U.S.
After 10+ years of writing the weekly news roundup, as well as a bi-weekly column for Logistics Viewpoints, today is my last day at ARC Advisory Group. Over these 10 years+ I have learned a lot about supply chain and logistics through conversations with end users, suppliers, and my colleagues. and Mexico, according to the notice.
The manufacturing and supply chain industries are rapidly evolving and increasingly volatile, fueled by shifts in global tariff and trade policy, geopolitical uncertainty, logistics disruptions, and technology developments. By leveraging Fictiv’s four global manufacturing centers in India, Mexico, China, and the U.S.,
And now on to this week’s logistics news. As a first of its kind agreement in the US, FedEx Express will develop plans to test Elroy Air’s Chaparral autonomous air cargo system within the company’s middle-mile logistics operations, moving shipments between sortation locations. Amazon workers in Staten Island vote to unionize.
The following will delve into some of the intricate farm-to-table challenges that supply chains face across sourcing, demand planning, procurement and inventory management, transportation, and warehousing. The blackberries you eat today could be from Mexico, and the ones you buy next week could be from California.
Companies importing and exporting goods, be it finished retail products, manufacturing components or materials, now face substantial cost and price pressures that squeeze margins and force difficult pricing, sourcing, operations and distribution decisions. For example, you might source from a domestic supplier that doesnt incur a tariff.
Con-way Freight Raises the Bar on Mexico Service, Adds Door-to-Door Tracking, 24-Hour Customer Resource Center, Enhanced Web Tools. XPO Logistics to Acquire 3PD, the Largest Provider of Heavy Goods, Last-Mile Logistics in North America. In this week’s news, new products and services and a couple of acquisitions top the list.
The Supply Chain Matters blog provides observations and additional information perspectives related to the 2025 State of Logistics report. Background and Summary Earlier this month, the Council of Supply Chain Management Professionals (CSMP) released findings from its annual State of Logistics research report. percent of national GDP.
As organizations look for reducing dependencies on concentrated sources of supply, Eastern Europe, Mexico, and South Asian countries will start providing viable alternatives to the current manufacturing powerhouse countries. As demand for last mile logistics intensifies, warehouses become the prime candidates for automation.
Before FreightWaves, Anthony received his Bachelor’s and Master’s degree in Economics from New Mexico State University. FreightWaves.com, the company’s news site, is the leading provider of news and commentary for the transportation and logistics space. The Logistics of Logistics Podcast.
In Part One of the series , Michael observed that standard sourcing solutions struggle in efforts to support direct materials sourcing because of specific challenges in the software design. He further established the case for why supply chain teams need to context integrated sourcing as well as procurement.
For example, it can look like imports from China are cheaper than the same goods imported from Mexico if a company is not relying on analysis produced by an advanced good global trade compliance (GTC) system. Furthermore, the transit time from Mexico averages just 8 days versus 40 to 48 days from China. FTZ’s have many advantages.
And now on to this week’s logistics news. In total, the company will source enough renewable energy in Europe to power the equivalent of more than two million homes a year. As of June 2020, Amazon sourced about 42 percent of its global energy needs from renewables. (CN) Amazon plans furniture assembly service to catch Wayfair.
We normally do our Talking Logistics episodes on Tuesdays and Thursdays, but we have one today at 12 ET with Alaster Love from Transplace, where we are going to discuss “ Big Data and Analytics in Oil and Gas Transportation.” Mexico Customs Management. Mexico customs process.” Note: Transplace is a Talking Logistics sponsor.
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Find alternate supply sources for the material and goods that are outside the affected tariffs. Companies that rely on raw materials, auto parts, and industrial components from Canada, Mexico, and China may experience price fluctuations. Pass the cost on to customers, which can affect pricing strategies and customer loyalty.
A supplier in Mexico mixes up two similar parts. What makes Ethereum different is that it actively encourages software development teams to use its open-source protocol to design tokens that run on top of the Ethereum blockchain. A flood of liquid cash would be unleashed on the entire field of logistics. Supply chains are messy.
In an interview with My Purchasing Center , Nancy Huff – Sourcing Solutions Manager at business processing, technology, and procurement service provider Xchanging – spoke of many tangible benefits that come with a supplier diversity program. Access to a whole different network. Contributed by Kelli Saunders.
Moving on to this week’s supply chain and logistics news… Truckers gridlocked at U.S.-Mexico Mexico line as border agents moved (Reuters) Global trade growth loses momentum as trade tensions persist (WTO) Shipping Comes to Terms With $50 Billion Clean-Fuel Bill (WSJ – sub. Mexico Border Crossing Delays.
Mr. Frasquet is the executive director of corporate procurement, although his responsibilities include a much broader set of supply chain responsibilities than just sourcing. In Belcorp’s case they have four factories located in Colombia, Mexico, Peru, and Ecuador. Logistics can be a challenge. Rather, directions are used.
RELATED CONTENT RELATED VIDEOS Last Mile Delivery Logistics HR & Labor Management Related Articles Airbus Reaches Deal With Canada Workers, Averting Lockout Threat Postal Workers Strike in Canada, Disrupting Holiday Shipments DHL Express Canada Offers Flat-Fee International Shipping SupplyChainBrain J.B.
Vanderlande is a member of Toyota Industries Corporation within the Toyota Advanced Logistics Group. KNAPP offers integrated warehouse systems and logistics software solutions. The company’s primary business is the design, manufacture, and installation, and service of material handling equipment and logistics systems.
Many of the states affected contained key ports and supply destinations, as well as transportation and logistics hubs. of east coast and Gulf of Mexico imports in September, according to an article from the Business Information Industry Association. These ports accounted for 18.3% container import shipments and 49.8%
Amazon plans big expansion of online grocery business: sources ( Reuters ). percent for non-contractual shipments in the United States, Canada and Mexico. Note: 3Gtms and Descartes are Logistics Viewpoints sponsors. OzLINK Adds NetSuite SuiteApp Extensions, Improving Customers’ eCommerce & Fulfillment. It seems like 5.9
Bowman, SupplyChainBrain In the rush to adjust sourcing strategies in line with current trends in international trade, the answer might be to think small. But for many, rising tensions between trading partners, coupled with higher labor and logistics expense, have made that strategy untenable.
Brian Grass - Chief Financial Officer We also began dual sourcing more of our production and are now intensifying those efforts even further. We began to build out our internal Southeast Asia sourcing capabilities to accelerate supplier transitions out of China and in many cases dual source our production. Christopher J.
Now, for this week’s supply chain and logistics news… HighJump Acquires Nexternal. Robinson Celebrates 25 Years of Business in Mexico. Mexico freight totaled $45.2 Mexico freight than in March 2014. Mexico air freight rose 15.7 Speaking of Mexico, C.H. March 2015 North American Freight Numbers.
For many years the predominant priority in sourcing has been finding the lowest cost possible. What is the appropriate sourcing strategy going forward? Should you keep work in low cost geographies, establish sources in multiple geographies, or on-shore work into high cost domestic countries? Geographic Sourcing History.
Labor and management work out deal at Port of LA/Long Beach ( Logistics Management ). Transplace delivered more than 50 customer solutions in 2012 using the CombineNet sourcing technology, in industries including consumer goods, chemicals, manufacturing, and retail. Mexico trade.
Then Jabil handles the sourcing and manufacturing of those products. They are sourcing from over 27,000 suppliers. Those sites are primarily located in China, Hungary, Malaysia, Mexico, Singapore, and the United States. Become an Entrepreneur appeared first on Logistics Viewpoints. Entrepreneurs are often rewarded.
Finally, in making sourcing decisions, global trade compliance needs to be part of companies strategic sourcing programs. For example, it can look like imports from China are cheaper than the same goods imported from Mexico if a company is not relying on analysis produced by an advanced global trade system.
As sourcing demand shifts to Southeast Asia, FedEx launched a direct flight from Singapore to the US. For example, when a sales call in China reveals a customer diversifying its sourcing strategy, that information is quickly shared with counterparts in Mexico, Vietnam, or Malaysia. I wear a number of hats these days.
Transportation logistics software solutions play a key role in effectuating this change. The survey shows that a full third of companies with global supply chains intend to move their sourcing and manufacturing activities out of China in the next few years.
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