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: 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. Furthermore, it used to be a lot cheaper to source overseas. Now, with raising tariffs and regulations, it’s actually cheaper in a lot of cases to source right here at home. Logistically, that means that there will likely be an even greater uptick in domestic travel. Artificial intelligence is going to come into play, even more, to optimize routes and minimize congestion as we see more cross-country shipping. Companies Will Move to Foreign Trade Zones
Foreign trade zones are geographical areas near a U.S. Port of Entry where both domestic and foreign goods receive Customs treatment as though they were outside the U.S. Essentially, these zones help reduce burdens of trade tariffs and minimize the number of customs regulations.