by closeshoring | Apr 2, 2021 | Uncategorized
U.S. manufacturing activity hit its highest point in more than 37 years in March, the Institute For Supply Management said Thursday. The last month alone marked the fastest rate of growth in the last 12 months, with the ISM index of national factory activity growing...
by closeshoring | Mar 27, 2021 | Uncategorized
All it took was a gust of wind and an apparently inattentive crew that was moving too fast in the Suez Canal to disrupt global shipping. About 12% of all international trade moves through the 120-mile long Suez Canal. More than 230 ships are in a massive traffic jam...
by closeshoring | Mar 22, 2021 | Uncategorized
Canadian Pacific Railway’s proposed acquisition of US/Mexico railroad Kansas City Southern will create history’s first Canada-US-Mexico railroad, resulting in new service lanes and growth across North America. Both companies announced Sunday...
by closeshoring | Mar 21, 2021 | Uncategorized
Research from Lawrence Berkeley National Lab shows that electric semi trucks and delivery trucks are less expensive to own and operate than diesel models and they are creating a financial motive for fleet and independent truck owners to demand more electric options...
by closeshoring | Mar 6, 2021 | Uncategorized
The pandemic and other factors have disrupted international trade, causing massive delays and shipping container shortages that have substantially increased the cost of shipping goods. This dynamic is adding fresh momentum to the trend of reshoring and localizing of...
