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Automaker Snaps Up New Hudson Valley Logistics Property

May 29, 2024

An auto manufacturer has preleased the entirety of an unfinished industrial development, the 540,000-square-foot Hudson Valley Logistics Center in East Fishkill, N.Y. The tenant, which has not been identified, plans to use the facility as a parts distribution hub. The property, which will be complete in the third quarter of this year, is a development […]

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UPDATE 2-WTO slashes 2022 global trade growth forecast amid COVID, Ukraine ‘double whammy’

May 28, 2024

* World trade set to grow 3% in 2022; 3.4% in 2023 * Okonjo-Iweala urges action to avoid food riots * WTO economist sees no evidence of reshoring (Adds details, quotes throughout) By Emma Farge GENEVA, April 12 (Reuters) – The World Trade Organization (WTO) on Tuesday revised down its forecast for global trade growth […]

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Transcript: Electrification expected to supercharge investment opportunities

May 28, 2024

Other demand drivers MS: We should also consider the effects of the growth of electric vehicles and electrification of light transportation in general.  If we took the extreme scenario, and everything got electrified in light transportation by 2050, it would mean that basically, 2 billion cars would be driving around on electricity and not on […]

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Tech addicted to China and decoupling impossible

May 28, 2024

GlobalData’s latest report with the catchy title, “Thematic Intelligence: Supply Chain Disruption” had a look how companies could improve supply chain resilience by relocating production closer to home, diversifying their supply chain, digitalising their networks, and adopting a circular economy model. Unfortunately, reworking supply chains was complex and expensive, with no quick fixes. As the […]

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Rural America’s New Industrial Revival: Reshoring-Ready

May 23, 2024

By Robert Harrington, MPA, MEDP After decades of offshoring manufacturing jobs to lower-cost countries, a new economic renaissance is taking shape across the heartlands of rural America. Driven by a renewed focus on supply chain resilience, deglobalization pressures, and incentives for domestic production, major companies are increasingly “reshoring” operations back to the United States. This […]

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Reshoring revival strengthens supply chains

May 21, 2024

In recent years, the move towards reshoring manufacturing processes back to the UK and EU has become a strategic transformation for manufacturers. The shift is driven by the need to enhance supply chain resilience, foster local innovation, and meet stringent sustainability goals, all while boosting local economies and job markets. Reshoring isn’t just about geography, […]

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Romania gets much-needed port upgrades

May 17, 2024

Yesterday, DP World opened three new sites in Romania, adding much-needed capacity to marine infrastructure that has welcomed far more vessels in recent years.  Constanta, the largest container port on the Black Sea, is now home to two new facilities following a €65m ($70.6m) investment: a 5 ha project cargo terminal and a new roro […]

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Indonesian Govt Aims to Utilize IC-CEPA in Boosting Exports to South America

May 17, 2024

TEMPO.CO, Jakarta – The Ministry of Trade plans to make use of the bilateral trade agreement with Chile to boost the value of Indonesia’s exports to South America. Director General of National Export Development at the Ministry of Trade, Didi Sumedi, said he led a trade mission to Chile from the 9th to 10th of […]

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Apple may pull iPhone production out of China. Don’t expect other supply chains to follow.

May 17, 2024

Apple wants out of China, people with knowledge of the issue told the Wall Street Journal. It’s focused on production in Vietnam and India with a long-term goal of sourcing chips from Arizona. And while the tech giant is a reliable trendsetter with supply chain bona fides, the data and the experts indicate other consumer […]

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Stopford calls time on globalisation

May 16, 2024

The world’s most famous shipping economist, Dr Martin Stopford, is penning a fourth edition to one of the industry’s most seminal books, in which he has hinted that the era of big ships on deepsea trades is coming to a close. Stopford’s book, Maritime Economics, first published in 1988, has become required reading for many […]

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