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Sunday, December 10, 2023

Two Big Stories Coming Out Of Tech Last Week -- The Pivot To India And The Pivot To Vietnam -- December 10, 2023

Locator: 46274TECH.

There were a lot of stories last week about "tech" pivoting to India, but I simply ran out of time to post them, and truthfully, I really don't care. 

Tech is also pivoting to Vietnam. Today, from Reuters:

These are simply observations, but truthfully, this interests me not.  

It's interesting that Mexico, Brazil, and Argentina can't compete in this market.

Lego has major operations in Mexico

Cargo shipping time:

  • Denmark to the US: 18 days, departing every two to four weeks.
  • so, if "you" miss the departure deadline, one could wait two weeks (and possibly four weeks) for the next departure time; and,
  • then the ocean transit would be upwards of three weeks;
  • throw in Teamsters rules for unloading at US ports, and one can easily see 60 days, which, in fact, is the typical "backorder" date seen at the Lego site. 
  • Mexico to the US: same day. Rail or truck. But, of course, it depends. 
  • Asia to the US: I would assume it's similar to Atlantic crossings.

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