Then logistics experts discuss the challenges and prospects for global supply chains in 2023, it’s clear that a multitude of factors are involved. Many shippers and players in the transport and logistics business are currently under great pressure. This is due to a number of lingering issues including the pandemic; huge increases in energy prices; large fluctuations in the supply…
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Nearshoring is an attractive business strategy for many companies. By leveraging the advantages of nearshore resources, organizations can reduce costs and accelerate time-to-market while gaining access to specialized talent. Nearshoring can also increase businesses’ agility, allowing them to quickly scale their teams and resources up or down as needed. While nearshoring may be a great way to gain access to…
A wide range of free-trade agreements (FTAs) has facilitated trade with the United States in the recent past, and that trend is expected to gain momentum if the Trans-Pacific Partnership (TPP) is finally ratified and if other deals—such as the Transatlantic Trade and Investment Partnership (TTIP)—come to fruition. However, researchers for the Economist Intelligence Unit (EIU) note in a recent…