The time it takes to ship products from China to the U.S. increased by an average of 73 days in September, an 83% increase from pre-pandemic figures in September 2019, according...
Companies are willing to spend money on chartering ships because the alternative of not having inventory in for peak season is worse, said Sea-Intelligence CEO and founder Alan ...
Securing carrier capacity is not a guarantee in the currently constrained environment, so Home Depot took matters into its own hands by chartering ships.
Port-proximate markets are seeing record low vacancies and soaring rental rates amid a surge in e-commerce, according to a Cushman and Wakefield report.
The Fritos and Gatorade manufacturer is embracing a more ambitious agenda to reduce reliance on new plastics as consumers continue to pressure brands to reduce their environment...