Many companies are turning to Latin American countries to assure a steady supply of goods and shorten their supply chains. But will nearshoring solve the problems supply chains have been facing? We discuss the benefits and pitfalls of nearshoring designs. Plus: Signs of optimism in freight markets; a new battery plant.
More than 60% of brokers expect demand growth over the next 6 months despite current weak conditions, Bloomberg/Truckstop research shows; news follows positive sentiment from monthly LMI report.