Of all industries doing business across North American borders, none stands to be more affected by a possible end to the United States-Mexico-Canada Agreement than automotive manufacturers.
As thousands of data centers have come online, an explosion in demand for advanced memory chips has tightened global supplies and sent prices for the components to unprecedented highs.
Even as manufacturers struggle to fashion long-term sourcing strategies, they face more immediate problems: the rising cost of materials and lengthening supplier delays.
Although autonomous technology aboard cargo ships has made significant progress in recent years, the industry remains years away from replacing conventional crews.
Companies will need to take more ownership of workforce development through tailored training, upskilling and clearer pathways into technical roles, says the CEO of Orion Talent.