Amid clampdown, no hiding place for forced labour cotton
Expect disruption
Last year, giant US retailer Target embarked on the first phase of its international expansion: Canada. It was a disaster.Never one to do things by half, the company opened 124 stores and three distribution centres over the course of a year and lost nearly $1bn.
A broken supply chain was at the heart of the catastrophe, said employees, who complained that “shipments of many products coming into warehouses did not match data in Target’s computer system”, creating bottlenecks as staff “scrambled to reconcile differences”. It has just embarked on a massive turnaround.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
'Slow season' and ocean network stabilisation easing pressure on rates
Alex Lennane
email: [email protected]
mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
Comment on this article