Uncertainty over US tariffs sparks interest in bonded warehouses for imports
Uncertainty in a shifting trade landscape is prompting US importers to resort to a tool ...
The soaring costs of shipping are prompting companies to reconsider their supply chains and look for alternative sourcing.
A new report by supply chain platform provider Thomas indicates a pronounced increase in manufacturers’ interest in shifting sourcing.
Its survey of North American manufacturers found 83% likely, or extremely likely, to reshore sourcing, a leap from 54% in March 2020.
Thomas president and CEO Tony Uphoff said: “We are witnessing the wholesale re-examination of supply chain relationships, which will realign global manufacturing for decades.
“With North ...
Comment on this article
Uwe Glaser
July 29, 2021 at 5:25 pmWhat is true for the U.S. is true for Europe too.
In the long run the ocean carriers will loose this shortsighted battle.
Where are the politicians to end this exploitation of customers?