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Ho Ho No! Port Congestion and Supply Chain Delays Threaten to Disrupt Christmas

Resilinc

Reuters’ reporting team interviewed a wide range of managers at manufacturers, distributors, and retailers who predicted shortages of holiday gift items. Because the two retailers are among the top U.S. importers of containerized goods, they may get priority access to containers and space on cargo ships,” according to Reuters.

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Holiday shopping has started early amid fears over shipping delays

Ware2Go

Seventy-three cargo ships await unloading at the ports of Los Angeles and Long Beach on Saturday, a record. Shopping for the holidays has driven roughly one fifth of annual retail sales in recent years, according to the National Retail Federation , which said US retail sales totaled more than $787 billion in November and December of 2020.

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Conquering the world with shoes

Cathy Roberson

The National Retail Federation (NRF) recently revised its 2021 total retail sales forecast. The latest forecast projects that retail sales will grow between 10.5% In February, NRF projected that retail sales would grow 6.5%. Delays Delays throughout the supply chain continue to be an issue for shoe retailers.

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FedEx’s Sudden Financial Miss- What Are the Implications?

Supply Chain Matters

A further factor was that air cargo rates are now down upwards of 80 percent because of lower volumes and excess capacity among carriers and commercial airlines. Revenues for the FedEx Ground unit, this carrier’s engine of E-Commerce last-mile fulfillment, came in at $300 million below forecast.

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Hanjin Bankruptcy Demonstrates Fragility of Ocean Freight Market Prior to “Black November”

NC State SCRC

However, the announcement should not have come as a surprise, as the ocean cargo market has been suffering for some time by a condition of overcapacity, low rates, and a flat global market. once they’ve been allowed to discharge cargo to protect the interests of maritime lien holders. bankruptcy code. Judge John K.

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Relatively Cautious Global Production and Supply Chain Indices for February 2022

Supply Chain Matters

A country of continued optimism remains that of Vietnam , which has been the go-to country for businesses seeking to manage supply network risk exposure in China. The IHS Markit Vietnam Manufacturing PMI® rose again to a level of 54.3 Inflationary pressures reportedly remain a concern. for February, up from 53.7 reported for January.

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The supply chain crisis and US ports: ‘Disruption on top of disruption’

Ware2Go

The queue of ships stacked high with brightly-coloured containers reached a record of 73 anchored container ships on September 19 and by last weekend still stretched as far as the eye could see — frustrating retailers and becoming a national symbol of an outdated and overwhelmed US supply chain.