Tuesday is here, so is Transmission. Here’s what’s cookin’ today:
- The rise of reshoring points to the rise of nearshoring
- Used auto sales down, values up
- Industry News
The rise of reshoring points to the rise of nearshoring
Reshoring has been in a slump the past decade, but 2020 saw it increase by more than 45%. FDI Markets found that in 2020, reshoring accounted for more job growth than foreign direct investment (FDI), with 69,000 manufacturing jobs reshored compared to 42,000 roles created...
https://www.freightwaves.com/news/transmission-mexico-the-land-of-opportunity-for-auto-industry