Peloton will incur 10 times its usual transportation costs as it ships by air, expedited ocean

URLhttps://www.supplychaindive.com/news/peloton-100-m
SourceSupply Chain Dive
Date Published02/08/2021
Author Name Shefali Kapadia
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Peloton Interactive Inc.
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:Both
Country(ies) from which reshored:Taiwan, Province of China
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Hobbies (subset of Miscelaneous)
Product(s) reshoredfitness equipment
What non-domestic negative factors made offshoring less attractive?Emergency air freigh, Freight cost, Supply chain interruption risk/Natural disaster risk/Political instability , Travel cost/time
What domestic positive factors made reshoring more attractive?Lead time/Time to market, Proximity to customers/market, Under-utilized capacity, covid-19
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