Foreign Trade Zones (FTZs) offer numerous benefits to businesses operating in California, especially in light of the current tariff rates of 30% on imports from China and 10% on imports from other countries. These zones are designated areas where goods can be imported, stored, and manufactured without being subject to customs duties until they enter the U.S. market.
Lisa Anderson, a supply chain expert and president of LMA Consulting, told BI she expects the overall effect of the tariffs to be "mildly inflationary," with some of the worst economic effects tempered by the recent trade deal, but ultimately "each industry or company could have a wildly different outcome."
In this Supply Chain Byte, Lisa Anderson, president of LMA Consulting Group, breaks down how evolving trade dynamics are influencing companies. Whether you're navigating new tariffs or evaluating the opportunities, this quick Byte will help you prepare for what's next.
From the decreased freight into California ports to Panama Canal reroutes, global logistics is facing mounting pressures. In this Supply Chain Byte, Lisa Anderson breaks down the realities of real-world disruptions affecting freight movement—and how supply chain leaders must respond.
The maritime industry is at the heart of global trade—but underinvestment and aging infrastructure have strained its reliability. In this Supply Chain Byte, Lisa Anderson, President of LMA Consulting Group, explores why it is important to revitalize maritime power and the initiatives underway.
Before Trump took office, let alone announced or implemented his tariffs plan, many major companies brought in extra inventory of products to the US in an attempt to mitigate the impact of potential tariffs, but the buffer will run out soon.
Over the last two weeks, we participated in three supply chain summits, conferences and/or annual meetings (with a west coast bent), and so we thought we'd pass on the key highlights and action items most relevant to our clients and colleagues.
If you have domestic production and you’re going to move products into Southern California because you want to supply customers here, you do have a choice.
Tariffs continue to cause great stress in the financial markets and with certain industries. In fact, it divides manufacturers from distributors, logistics, and goods movement industries largely dependent on imports and trade.
Concerns over the trade war that erupted when Trump announced higher tariffs against most U.S. trade partners this month rippled across the country - including the Inland Empire, the region sometimes called the warehouse of the western United States. But the Inland region might not take as large an [...]
