Title: How Did Trade Tariffs Affect Logistics In 2019? – Redwood Logistics : Redwood Logistics
Headings: How Did Trade Tariffs Affect Logistics In 2019?
How Did Trade Tariffs Affect Logistics In 2019?
How did the trade war start?
How did the trade war end?
What are the logistics effects of the 2019 trade war?
Importers Will Diversify Their Sources
The Supply Chain has to be More Streamlined Than Ever
Blockchain is Going to Take Over
You’ll see More “Made in America” Stickers
Companies Will Move to Foreign Trade Zones
Driving into 2020

Content: Blockchain is Going to Take Over
More complicated sourcing and logistics are calling for an enhanced sense of visibility and transparency across the supply chain. The best way to do that: blockchain technology. This allows companies to react to information in real-time, regardless of the economic climate. If a factory runs out of materials, the importer will know instantly and can shift production elsewhere. If a trucker gets stuck in traffic, they can update the ETA for the customer. Blockchain dramatically reduces the risks of breakdown along the supply chain, while opening up the sharing and communication of data for all logistics partners. You’ll see More “Made in America” Stickers
Global trade isn’t going to stop. But the 2019 trade war is showing importers that one small regulation or law change can have a serious impact on business. Since international business is finicky and ever-changing, a lot of importers are looking to minimize risk by sourcing from domestic partners.