Survey: Nearshoring to Mexico happening ‘faster than expected’

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While the rise of nearshoring to Mexico has been steadily increasing over the past decade, the...

Can US cash in on reshoring manufacturing opportunities?

Faced with an increasingly vulnerable global supply chain, manufacturers are building greater logistical resilience both through reshoring and nearshoring their operations, experts said.

The reshoring of manufacturing operations to the U.S. from overseas and foreign direct investment (FDI) created 160,649 manufacturing jobs during 2020, according to Harry Moser, president of the Reshoring Initiative, which tracks manufacturing jobs returning to the U.S.

“In 2020, quite a lot of jobs came back...

https://www.freightwaves.com/news/us-cash-in-on-reshoring-manufacturing-opportunities