Air & Sea Shipments Cost More; Port Delays Remain

As the Christmas holiday approaches, consumer awareness of the supply chain has heightened. Global supply networks have actually been struggling for 18 months. Continual disruptions have elevated the rates of ocean shipments and air-cargo costs are now on the rise. Additionally, delays at U.S. seaports have not abated. Transatlantic air cargo rates climbed this week,…

How China Plus One Diversifies Supply Chain Risk

Trade wars, tariffs and geopolitical concerns have spurred global electronics manufacturers to reassess their strategies regarding China. But rather than abandon the nation entirely, China Plus One is taking hold as a way to diversify supply chain risks. “Trade dynamics with China have changed,” said Vipul Kumar, manager, procurement and supply chain intelligence for business…