Could sustainability be another reason to reshore manufacturing?

An ocean vessel is transporting thousands of shipping containers.

The pandemic woke companies up to the risks associated with distant, complex supply chains. This has more companies considering reshoring operations to the U.S., something that, along with making supply chains more resilient, may boost sustainability.

Reshoring is the process of returning the manufacturing of goods from abroad to the company’s original country. Only companies that have previously offshored operations have the ability to reshore.

“Due to the proximity of the supply chain network,...

https://www.freightwaves.com/news/could-sustainability-be-another-reason-to-reshore-manufacturing

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