UPS has taken full control of its Vietnamese operations with a view to providing a more integrated set of third party logistics services to its customers. The firm’s region head has stated that “notwithstanding an emerging second wave, Vietnam is in a prime position for a quick recovery”. One challenge to that may come from the Trump administration’s new trade policy review of the country which may cause supply chain operators to review their use of Vietnamese factories. It’s unlikely to be completed before the elections though. U.S. seaborne imports from Vietnam handled by UPS have grow...
Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.