Sunday, February 12, 2017

Logistics companies fear the return of hard borders

This article addresses the concerns logistics firms such as Fed Ex are experiencing as we face a world with declining globalization. Obviously, there is the issue of the tariffs proposals from President Trump, but these logistics firms also have concerns in Europe. With Britain leaving the European Union, there will be a "hardening" of their border with the rest of Europe.

With it being more difficult to transport goods from one nation to the next, and the potential for high tariffs, the logistics industry could be hit hard. Declining globalization will likely affect both logistics firms and consumers.

As of now, a lot of this is speculation, so hopefully reality fails to meet this drastic and negative expectations.

http://www.economist.com/news/business/21716074-fedexs-founder-will-spend-more-time-campaigning-free-trade-logistics-companies-fear


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