WSJ: Walmart to offer logistics outside its own marketplace sales
THE WALL STREET JOURNAL reports: (The retailer’s new services for third-party sellers take a page from ...
Taiwanese hardware maker and household goods retailer Test Rite International is following in the footsteps of compatriot Taiwan Semiconductor Manufacturing Corp (TSMC) by chartering its own containership to avoid sky-high freight costs.
In a recent interview with Taiwan’s Apple Daily, Test Rite president Tony Ho said that, amid Covid-19-related supply chain disruption, container freight rates had reached astronomically high levels.
He said trade activities had recovered from the pandemic, and Test Rite’s net profit for the first six months of this year ...
Comment on this article
Martyn Benson
September 14, 2021 at 2:43 pmIf there is a shortage of ships and containers and their are blockages at all major and smaller ports, how do these independent companies think they can start maritime shipping operations and where do they think they will get all the assets from? More importantly, what will they do will all these assets when they have finished their shipping operations?
It is all very well to look at the alternatives but they really don’t seem to have logistic plans on how they are all going to enter these operations- and that goes for Home Depot, IKEA and all the others who have suggested the same approach.