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But, the double-digit year-over-year increase in inventories that many retailers report is, in most cases, compared to exceptionally lean inventory levels last year when consumers were consuming anything and everything. This year, we see many retailers trying to unload excess inventory before the year-end holiday inventory arrives.
Part of the statement reads: “The timing coincides directly with peak shipping season for the winter holidays, and a strike would have devastating consequences for retailers’ supply chains and could cripple the U.S. Without rail intermodal, UPS may need to lean into their domestic air network should there be a strike.
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