Link Logistics CEO Discusses Onshoring With IPE Real Assets

IPE Real Assets, a global real estate market intelligence publication, recently featured Link Logistics CEO Luke J. Petherbridge in an article covering the reconfiguration of global supply chains as well as nearshoring and onshoring. Petherbridge shared his perspective on managing supply chain risk following disruptions like the COVID-19 pandemic.

“There are so many factors that highlight the fragility of the global supply chain,” Petherbridge said. “Long-term corporate users continue to bolster their supply chain and part of that bolstering is bringing manufacturing back closer to the U.S. or within the U.S.-Mexico corridor.”

Petherbridge also pointed to government policies, such as the Inflation Reduction Act, as key drivers for nearshoring and onshoring, as well as spillover demand for industrial space. However, he noted that not all corporations will onshore their manufacturing right away, focusing on building resilient and diversified supply chains over the long term.

“Supply chains are very hard to pivot,” he says. “If you are thinking of moving a plant to Mexico, you don’t just pivot it on a dime. These are decades-long infrastructure investment decisions.”

Read the full IPE Real Assets article here (subscription required).