nearshoring

Reliance Partners ‘bullish’ on Laredo, Texas-Mexico corridor

There’s much to gain from the nearly $2 billion in trade flows across the U.S.-Mexico border every day. Pacific trade lanes remain stifled by west coast port congestion, the ongoing COVID-19 pandemic and the trade war between the United States and China. These past-year developments have led many American companies with outsourced operations to set up shop much closer to home. Nearshoring manufacturing operations in Mexico are becoming an attractive opportunity for supply chains across North...

https://www.freightwaves.com/news/reliance-partners-bullish-on-laredo-texas-mexico-corridor

Restructure for success: Sales and marketing seal the deal

The often lucrative transportation and logistics industry attracts a host of ambitious players seeking a stake.

But far too often companies go years spinning their wheels, so to speak, putting in twice the effort but achieving only incremental success. Frustration grows as efforts to scale and build a customer base appear futile.

It’s not that these companies aren’t doing sales; the founders are giving their best pitches. But word-of-mouth networking can get you only so far. Plus, it’s hard...

https://s29755.pcdn.co/news/restructure-for-success-sales-and-marketing-seal-the-deal

GSCW chat recap: Ensuring data trustworthiness, social integrity in supply chain

A screenshot of three people on an online phone call.

This fireside chat recap is from Day 7 of FreightWaves’ Global Supply Chain Week. Day 7 focuses on global maritime logistics.

FIRESIDE CHAT TOPIC: ‘On, off, near, sure: Shoring up the supply chain’

DETAILS: Supply chain digitization is accelerating, and customer demand is driving an increased desire for transparency and visibility. Successfully navigating these buzzwords while keeping spending under control often means that supply chain security is overlooked. Amy Broglin-Peterson, Rich Mason and...

https://www.freightwaves.com/news/gscw-chat-recap-ensuring-data-trustworthiness-social-integrity-in-supply-chain

BDO: 22% of companies plan to reshore to US

While optimism is returning to the economy, 83% of U.S.-based chief financial officers (CFOs) expect their company to take up to a year to recover, according to the 2021 BDO Manufacturing CFO Outlook Survey.

Of the 100 CFOs polled for the survey, 24% also said they plan to relocate their supply chains to another country in 2021, with the U.S. topping locations manufacturers saw as the most stable market to source materials.

The survey was conducted in September, polling 100 manufacturing industry...

https://www.freightwaves.com/news/22-of-companies-plan-to-reshore-to-us

Lean Staffing Solutions raises $42.5 million from FTV Capital

Lean Staffing Solutions (LSS), a staffing firm offering nearshored solutions in Colombia focused on transportation and logistics, announced Tuesday that it had raised a $42.5 million growth equity minority investment from FTV Capital. 

“Colombia is the fourth-largest business process outsourcing (BPO) market in Latin America with a $2.3 billion market size and an annual growth rate of 19% over the last seven years,” said Brad Bernstein, managing partner of FTV Capital, in a statement. “With its...

https://s29755.pcdn.co/news/lean-staffing-solutions-raises-425-million-from-ftv-capital

White Paper – How Ryder Simplifies the End-to-End Supply Chain Journey

Disruption continues to be the prime focus of supply chains, whether it’s positive business surges or times of crisis. Overcoming these disruptors requires an operation with complete visibility, flexibility, and optimization across the entire supply chain journey. At Ryder, their industry leading third-party logistics solutions span the entire supply chain from inbound logistics and transportation, to warehousing and distribution, to outbound and returns. This includes nearshoring, e-commerce...

https://www.freightwaves.com/news/white-paper-how-ryder-simplifies-the-end-to-end-supply-chain-journey

Q&A: US container chassis industry still finding itself

Container chassis in the U.S. have been a challenge to manage in the drayage and intermodal ocean transport space even during the best of economic times due to the numerous players and handoffs associated with the equipment.

There is also the ongoing regional logistics and capacity tug of war among chassis providers and users.

Mike Wilson, CEO of Consolidated Chassis Management (Photo: Courtesy)

Mike Wilson, CEO of Consolidated Chassis Management (CCM), a chassis pool management company owned by...

https://s29755.pcdn.co/news/qa-us-container-chassis-industry-still-finding-itself

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