Dollar Tree describes container-ship chaos
Dollar Tree fired off a warning flare on skyrocketing freight delays and costs during its Thursday earnings call, shining a light on the turbulence within the world of international maritime shipping.
Dollar Tree executives blamed the rising prices on spiking demand, cramped capacity, and countless delays. Other major factors include equipment shortages, misplaced equipment, port delays, COVID-19-induced labor shortages and closures, and “the lingering effects of the Suez Canal blockage.”
Read the full article here: https://www.businessinsider.com/dollar-tree-international-shipments-delay-are-taking-forever-2021-8?r=US&IR=T
Related posts
-
The Biggest Container Vessel In The World Docks In The UK
ByMI News NetworkJune 20, 2022Shipping NewsThe largest cargo vessel in the world, the Ever Ace, measuring longer than...
20 June 202215Likes -
Happy New Year 2024
Happy 2024 to Our Customers & PartnersDear Valued Customers and Esteemed Partners:As we bid farewell to another year...
31 December 202316Likes -
Holiday Cheer 2023
Tis the season and we’re giving back to our amazing customers and partners!We have been surprising customers in...
20 December 202315Likes