South Korea's LX Pantos acquires logistics hub in US
South Korean 3PL LX Pantos said yesterday it had teamed with state-backed maritime financial institution ...
There was a marked shift in supply chains in Q2 – with profound ramifications for logistics infrastructure and manpower – as Mexico overtook China as the top exporter to the US.
US imports from Asia slumped in the first quarter, according to the latest quarterly Supply Chain Stability Index, published by the Association for Supply Chain Management (ASCM) in tandem with KPMG.
Inbound ocean freight from Asia was down 27% year on year, while airfreight imports from the region plummeted 50%.
China, which ...
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