‘China+1’ reshoring trend could provide a fillip for air freight

July 5, 2023

By Alex Whiteman 05/07/2023 Airfreight could benefit from the infrastructure and resource concerns generated as the trend for companies re-shoring from China gathers pace. After Covid supply chain disruption and amid simmering China-US tension, there is a marked effort from western firms to set up production facilities outside the people’s republic, with Vietnam the top […]

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Clothing, apparel industry faces extinction amid reshoring, onshoring plans

July 4, 2023

A CLOTHING and apparel industry player is pushing for the immediate implementation of strategies under the new export blueprint to bring down the cost of doing business in the country and boost competitiveness, as plans of reshoring or onshoring of manufacturing pose a risk of extinction of the local industry. Robert Young, a trustee for […]

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Government needs to push reshoring trend further, industry group urges

July 3, 2023

A group of manufacturers committed to promoting UK industry is urging the government to throw its weight behind a growing reshoring trend that has the potential to deliver millions of pounds in new opportunities. Bosses at the Manufacturing Assembly Network (MAN), a collective of seven subcontract manufacturers and an engineering design agency, believe the country […]

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White House Journo Who Fed Her Question To Joe Biden Elected To WHCA Board Seat

June 30, 2023

The same White House reporter whose question was caught on a cue card for President Joe Biden just announced her election to the print seat on the White House Correspondents Association (WHCA) Board. Courtney Subramanian of the Los Angeles Times will hold this board position for the next three years, meaning she will be the […]

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4 issues challenging the logistics market

June 30, 2023

Supply chains continue to become more responsive, and providers are developing more solutions than ever, Andy Moses, senior vice president of sales and solutions for Penske Logistics, said during a webinar presentation ahead of the formal release of the 2023 State of Logistics Report last week. “Logistics is largely a solutions-based discipline,” Moses said. “It’s […]

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Major rail operators set to form new US intermodal freight

June 30, 2023

Three major rail operators have struck a deal that will see a new freight corridor link Mexico, Texas and the US south east, as near-shoring drives capacity demand. The agreement will see newly merged Canadian Pacific Kansas City Southern (CPKC) and CSX acquire and operate portions of Genesee & Wyoming-owned Meridian & Bigbee Railroad (MNBR) […]

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US Congress Directs Pentagon to Assess Domestic Processing of Polymetallic Nodules under National Defense Authorization Act

June 30, 2023

NEW YORK, June 30, 2023 (GLOBE NEWSWIRE) — TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world’s largest estimated undeveloped source of critical battery metals, today welcomed the inclusion of polymetallic nodules in a report requested by the House Armed Services Committee to the Assistant Secretary of Defense […]

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2023 Halftime Logistics Report: Soft freight conditions continue, presenting a period of opportunity

June 30, 2023

Expectations for a second-half 2023 rebound for volume and pricing in the logistics and shipping industry have been thwarted by slower-than-anticipated demand and global trade developments. Meaningful recovery in freight conditions won’t likely manifest until at least the first half of 2024. Industry players and investors cannot sit still in the meantime. Ocean carriers have […]

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Ask the expert: How can automotive manufacturers optimize their supply chains?

June 30, 2023

Since the COVID-19 pandemic, inflation, product shortages and supply chain disruptions have been a major source of concern for many industries, including the automotive industry. When you factor in geopolitical tensions and new technologies, it gets even more complicated. Amy Broglin-Peterson, adjunct faculty in MSU’s Department of Supply Chain Management, is also a supply chain […]

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Manufacturing Assembly Network calls on reshoring drive

June 30, 2023

A group of manufacturers committed to promoting UK industry is urging the government to throw its weight behind a growing reshoring trend that has the potential to deliver millions of new opportunities. Bosses at the Manufacturing Assembly Network (MAN), a collective of seven sub-contract manufacturers and an engineering design agency, believe the country has a […]

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