Storage fees skyrocketed in 2021 after an import surge snarled transportation networks. The ballooning revenues have shippers and railroads at odds over who’s at fault for...
Many of these firms are executing plays similar to their larger counterparts: bolstering inventory, diversifying suppliers and finding substitute materials and processes.
As returns activity has increased, reverse logistics have become a vital part of the retail playbook to build customer loyalty. But costs are climbing.
The company had advised suppliers to avoid sourcing products or labor from the region in China due to forced labor concerns, but backtracked last month.