As companies shift manufacturing back from Asia to the western hemisphere, they are increasingly looking at Mexico as an alternative for low-cost production. Matt Hamson, chief executive officer of Coronado Logistics Inc., outlines the country's pros and cons.
Maersk and MSC have reacted to China's objections to the proposed P3 alliance by coming up with a new vessel sharing arrangement called 2M that they hope will be agreed by all regulatory authorities before the beginning of next year. Out has gone CMA CGM, in order to bring the agreement's market share down to more acceptable levels, and in has come a much simpler joint coordination committee to monitor the carriers' network on a daily basis.
Walmart welcomed more than 500 manufacturers recently at its world headquarters, during the company's first Made in the USA open call. Suppliers met with senior company officials and merchants to pitch products for stores, clubs and online.
LLamasoft Inc., a vendor of supply-chain design applications, has expanded operations in the Asia-Pacific region with a new venture based in Tokyo, Japan.