Reported about 5 hours ago
Rising tariffs on imports from China and India, such as a proposed 25% duty on heavy-duty trucks, are exacerbating cost pressures in the US supply chain, leaving shippers and manufacturers facing a landscape of stagnant freight growth and heightened uncertainty. Experts emphasize the need for data-driven decision-making and highlight a potential shift towards nearshoring as companies brace for a new normal in manufacturing amidst ongoing geopolitical risks.
Source: YAHOO