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31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

GlobalTranz

And, according to a Boston Consulting Group (BCG) study, 54% of companies with above one billion in revenues are now considering reshoring. for example, compared to shipping state-to-state. For example, Chinese wages have increased 320% since 2000. Overall, from 2001 to 2008 average Asian wages increased 7.1-7.8%,

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Reshoring in America: The Future Outlook, Current Hindrances & Issues, and Ways to Stimulate Reshoring

GlobalTranz

To reiterate that reshoring is more than just hype and a very important topic for us to consider the Boston Consulting Group (BCG) study found that 54% of companies with above one billion in revenues are now considering reshoring. However, there are a million fewer manufacturing jobs than in 2008. And, after building the new U.S.

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Two Million Vacant Manufacturing Jobs by 2025…How Can We Tackle the Skills Gap?

GlobalTranz

This estimate is according to responses provided by 83 percent of the manufacturing executives who participated in a survey conducted as part of an industry study by the Manufacturing Institute and Deloitte Consulting LLP. Increase in manufacturing — Modest expansion of the U.S. Inadequate education of youth — Per PISA test scores , U.S.

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[INFOGRAPHIC] The History of Shipping Containers

GlobalTranz

Early examples of intermodal containers include railroads from 1830s (various sized containers), and Pennsylvania Railroad regular container service (1929). Example of the massive decrease in dock workers as a result of containerisation. Example of the increasing coordination between seaports as a result of containerization.

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Top Transportation Management and Transportation Articles of 2015

GlobalTranz

In fact, the introduction of Qualcomm’s OmniTracs™ in 1988 and UPS’ roll-out of the DIAD (Delivery Information Acquisition Device) four years later are prime examples of pioneering companies investing in mobile technology as a means to drive efficiencies and create competitive advantage. Read the Full Article Here.

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