vale_t/iStock Editorial via Getty Images Supply chain disruptions are heavily cited in the media and in firms’ conference rooms. The pandemic has laid bare the challenges. The semiconductor industry, owing to the COVID-19 pandemic, is often a standout of the…
Trade is expected to grow slightly faster in 2022 and 2023 than it did over the previous decade, according to a new report from DHL and the NYU Stern School of Business. Many companies backed away from reshoring and nearshoring…
Employees sort and move boxes at the Deutsche Post DHL North Asia Hub in Shanghai, China. Employees sort and move boxes at the Deutsche Post DHL North Asia Hub in Shanghai, China. Qilai Shen | Corbis News | Getty Images…
Scarcity and trade frictions are leading to major supply chain realignments. This article was originally published on northerntrust.com by Carl Tannenbaum . Shores are a popular vacation destination. People are drawn to them because of their beauty, and the activities…
After Covid-19 pandemic upended supply chains, American companies are shifting jobs and processes to the U.S. The Wall Street Journal reports U.S. Companies on Pace to Bring Home Record Number of Overseas Jobs American companies are on pace to reshore,…
A previous version of this article incorrectly said that Sen. Bernie Sanders (I-Vt.) supported the Chips and Science Act. He voted against it. NEW ALBANY, Ohio — President Biden on Friday celebrated the start of construction of a $20 billion…
Ross Perot Jr. at the Southeast Fort Worth Inc. Annual Awards Luncheon on Sept. 16. (Photo by Cristian ArguetaSoto) “Don’t take this growth for granted.” That was the advice Ross Perot Jr. had for attendees at the Southeast Fort Worth…
Related Content: 'Slowbalisation' Affects Ports Fitch Ratings-Milan/London-15 September 2022: Global trade and ports volumes are likely to slow down to grow in line with world GDP, Fitch Ratings says in a new report. This cementing of a pre-existing trend is…
Someday we may come to recognize China’s rehearsals of attacks on Taiwan and the tough talk from their “wolf warrior” diplomats as the wakeup call America desperately needed. The truly bipartisan action to bring the most vital elements of national…
Article information and share options By Caroline De Souza Rodrigues Cabral , Senior Economist, Swiss Re Institute & Hendre Garbers , Economist Macro Strategy, Swiss Re Institute , Senior Economist Macro Strategy, Swiss Re Institute & Jessie Guo , Senior…
The Beach Riot Getaway League , based in Orange County, Calif., has launched, aimed at “the person who spends every weekend hiking, camping, kayaking, rock climbing or walking favorite trails.” Available at beachriot.com , the collection consists of bright colors,…
Don Adam brings 30+ years' experience to drive reshoring growth for full-service electronics contract manufacturer HOUSTON, Sept. 19, 2022 /PRNewswire/ -- Alert Tech SMT welcomes Don Adam as their new Chief Financial Officer. The full-service electronics manufacturing service (EMS) provider,…
The recent analysis by Quadintel on the global Garments Market Report 2022 revolves around various aspects of the market, including characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, strategies, etc. It also includes COVID-19…
Koelnmesse to promote Antad globally Koelnmesse is one of the largest trade fair organisers of Germany, with 284,000 m² exhibition floor area Latin America’s leading food and beverage show Expo Antad has signed a partnership agreement with leading German trade…
The world is fretting over the demise of global supply chains and the threat of deglobalization, with the US trying to lure manufacturing activity back home — or at least closer. Yet supply chains have actually evolved for the better…
Job Announcements per Year, Reshoring + FDI, 2010 thru 2022-projected In the Reshoring Initiative 1H 2022 Data Report, the current 2022 projection of jobs announced is around 350,000 – another record and up from 260,000 in 2021. In 2021, the…
Significance Economic production is organized in supply chain networks. The resilience of supply chains is, therefore, crucial for robust economic growth. Governments have discussed policies to improve the resilience of supply chains, including the notion of reshoring parts of the…
Fitch Ratings-New York-19 September 2022: Slower global economic growth, including looming US recession risk, will pressure sales and margins for diversified industrials and capital goods companies in 2023, although near-term operations will benefit from pent-up demand, Fitch Ratings says. Companies…
Rockwell Automation specializes in industrial automation equipment, which is used by companies that are reshoring jobs. One of the biggest trends in foreign investing plays out right here at home. It’s called reshoring. An increasingly chaotic world has U.S. companies…
Getty Images It’s a common refrain we hear from every corner of our economy: too many open and not enough skilled workers to fill them. It’s particularly pronounced in the one industry that is the foundation for our economy: manufacturing.…