There is massive congestion at the L.A. and Long Beach ports. The latest figures from the Journal of Commerce shows 63 container ships in the harbor (34 awaiting berths and 29 at the berths). Terminals are full and dwell times have doubled. The situation isn't good, and manufacturers, distributors [...]
According to a Thomas survey about COVID-19’s impact on U.S. manufacturing and industrial production, 64% of manufacturers are likely to bring production back to North America. It has gone beyond talk to action. Clients and colleagues are seeing an increase in inquiries related to reshoring and expanding manufacturing capabilities. [...]
June 22, 2020 Supply chains are quite tenuous, and China drives the most volume: Coronavirus: Beijing is under a soft lockdown with a surge of virus cases. Although Beijing doesn't impact trade, it is another sign that China vastly under reported previously and it is likely to have a [...]
Of course, it was very exciting to be featured on Bloomberg's 'What'd You Miss?' show! It speaks to the rising popularity of reshoring that Bloomberg is searching for supply chain experts to talk about reshoring and whether it makes sense. One Tip to Implement This Week: As I said [...]
According to the National Association of Manufacturers press release, the U.S and China trade deal is an unprecedented phase one win for manufacturers. Previously the NAM CEO lamented that "China has proven one of the most troubling markets in the world for manufacturers, due to its lack of commitment [...]
