News / Walmart dips into vessel charter market to ease supply chain difficulties in H2

One of the world’s largest shippers, Walmart in the US, says it has chartered vessels to meet demand for goods as supply chain disruptions continue to threaten sales.

Walmart president and CEO John Furner said the company had raised its inventory by 20% over the past six months and was in a good position to meet the “cost pressures” it expects in the third and fourth quarters.

According to EVP and CFO Brett Biggs, speaking during a results broadcast on Tuesday Walmart ...