Tariff turbulence deepens uncertainty across US supply chains
Logistics leaders say shippers are turning to data visibility, transparency and nearshoring in Mexico to navigate rising supply chain costs and uncertainty.
Logistics leaders say shippers are turning to data visibility, transparency and nearshoring in Mexico to navigate rising supply chain costs and uncertainty.
This week in Borderlands Mexico: Businesses face supply chain hurdles amid Trump’s tariffs; Japanese auto parts maker announces $19M expansion in Mexico; Aerospace manufacturer opens $7M plant in Chihuahua City; and Radiant Logistics acquires Texas freight forwarder.
Custom manufacturer Fictiv has been acquired by the Misumi Group in an all-cash deal.
This week in Borderlands: Diverse supply chain can limit tariffs’ impact, expert says; CPKC launches Texas cross-border railway bridge; Canada-based components maker expands Mexico plant; and Mexico repeals ban on imports of genetically modified corn.
New tariffs by the Trump administration on products from China, Canada and Mexico will hit companies and consumers with increased costs, experts said.
As supply chain disruptions have become the norm in the past few years, Fictiv has worked with clients to create agility to manage the chaos.