China’s Loss is Mexico’s Gain
China’s Loss is Mexico’s Gain
As more and more manufacturers consider moving or spreading out their supply chain risks from China to other locations, Mexico is one country who’s gaining from this exodus from Chinese manufacturing.
Namely, Laredo, a city of 250,000 people is experiencing a boom in trade as manufacturers move some operations to the city.
Supply Chain Software Startup to Layoff 20%
[via The Hustle] Supply chain software startup, Flexport, is laying off 20% of its staff due to lower forecasts and being overstaffed.
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