Kearney’s “10th Annual Reshoring Index Report” showed 96% of CEOs are considering reshoring operations, have decided to reshore operations, or have already reshored operations in 2023.
While the G7 statement was not specifically directed at China, the group believes a high concentration of supply chains in any single country is undesirable.
The deal will allow EFL Global to expand its reach within the Canadian market while strengthening the company’s ability to provide customers with end-to-end logistics solutions.
Simply dumping a non-compliant supplier is probably the most disruptive option, and also in many ways the least good one. Better, in most cases, to deepen the relationship and offer genuine solutions.
President Joe Biden’s administration has been seeking help from allies including South Korea in reducing the global supply chain’s dependence on China.
The bank says the research shows global supply chain pressures decreased again in March, falling from .28 to 1.06 standard deviations below the index’s historical average.
The U.K. Cabinet Office said the new regime was a "huge step forward for the safety, security and efficiency of our borders." But the Cold Chain Federation, which represents chilled food traders, said it will hamper trade.
The latest news, analysis, services and systems regarding global logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods faster and farther around the world than ever before through global logistics solutions. New technologies that provide information during global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using global logistics solutions to power their supply chains.
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