Behind the numbers – how GXO's strategy stacks up
Neil Shelton on M&A, returns and outsourcing
That’s insourcing, not near-shoring. There’s been a lot of talk about the shift of manufacturing back to America, and a lot of the evidence hitherto has been anecdotal. But this exhaustive investigation by the brilliant Atlantic magazine reveals exactly where it is happening – and it is – and why. GE recently re-opened a series of production lines in its until-recently almost defunct Appliance Park plant, which has seen the cost of producing water coolers drop by 20% compared with the previous plant in China – and that’s just one example. A long, but fascinating read on how goods flows are likely to develop.