33% Supply Chains Moving Out of China

Citing Covid-19 pandemic, rising tariffs, and Brexit, companies are moving their sourcing to Vietnam, India, and Mexico, reports Cargo Now

What is it?

According to a recent survey from analyst firm Gartner Inc.

One-third of companies with global supply chains have moved their sourcing and manufacturing activities out of China or plan to do so in the next two to three years, 

And while the Covid-19 pandemic is certainly one of the top reasons for the trend, other powerful factors are the U.K.’s...


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