PUBLISHER: The Load Star (www.theloaadstar.com)
Near-shoring offers South American countries multibillion-dollar opportunities, but should not be seen as a magic bullet in the fight against supply chain climate emissions.
EVP commercial and product development at Green Worldwide Shipping Greg Bollefer is among advocates calling for an upturn in near-shoring within the Americas, something commentators suggest could generate as much as $72bn for Latam countries.
“Working with neighbours across the Americas is not new, consistent trade agreements over the years have created solid commercial foundations,” Mr Bollefer told The Loadstar.
“And the economic benefits of near-shoring remain as strong as ever – proximity, quality, control, communication, cultural alignment and, depending on the programme, cost advantages.”