Is the US set for a major manufacturing revival?

default_image

© Khunaspix Dreamstime.

By Alex Lennane

07/07/2014

An interesting Wall St Journal Q&A with business leaders on a US manufacturing revival. It would appear that industries, including automotive and aerospace, are set for a boost, while factors such as shale gas, technological innovation, Chinese ‘cost-creep’ and foreign direct investment is triggering near-shoring. But, warns one executive, the US will never go back to its manufacturing heydays of the 1950s or 1970s. And companies face complex challenges in restructuring their supply chains.

Read more...

Comment on this article

You must be logged in to post a comment.

Topics

Reshoring to the US United States Antitrust Investigations Calculating Capacity China Federal Maritime Commission Rates: the eternal tango Transpacific Trade

Most Read

Container freight rates: 'collapse' is the word, says Xeneta

Worker no-shows force US west coast port terminal shutdowns

Cargo shifts back to US west coast ports, but some has gone for good

Hapag-Lloyd CEO bullish on prospects for a peak season

'Alarming signals' as airfreight capacity rises and rates fall

Digital forwarders back in the spotlight: can they compete?

Major box lines still fighting over diminishing supply of smaller ships

Hapag-Lloyd kicks off its ship demolition programme

Evergreen and Wan Hai face up to bearish market as profits tumble

FedEx pilots win ‘tentative agreement’ on new contract after strike threat

'Keep 'em peeled' alert as drug smuggling into Europe's ports increases

Slower demand, but US warehouse rents rise in 'tight and expensive' market

Congress mulls raft of supply chain bills – but one is missing, say BCOs

The vertical challenge in logistics – Marseille vs Copenhagen (Berlin wins?)

India cuts red tape as it aims to become the 'repair capital of the world'

Bitter airline battle over carrying US mail heats up in the Pacific