The coronavirus outbreak is expected to have a longer and larger impact on imports at major U.S. retail container ports than previously believed as factory shutdowns and travel restrictions in China continue to affect production, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates.
The show floor at Ambiente in Frankfurt reverberated with mounting concerns about the potential for major supply chain disruption as Chinese factories remained shuttered by China’s massive coronavirus quarantine.
The impact of the coronavirus on business in China, which currently is exacerbating the annual effects of the Lunar New Year, is hitting major retail container ports in the U.S., according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates.
After a year of fluctuations driven by the uncertainty of the trade dispute with China, volume at the nation’s major retail container ports is expected to return to its usual seasonal patterns during the first few months of 2020, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Volume at the nation’s major container ports bumped up significantly in November as retailers imported merchandise ahead of new tariffs set to take effect this month, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Imports at the nation’s major cargo ports are expected to see one more boost in November before falling off in December and into the New Year, according to the National Retail Federation.
Ace Hardware has appointed Kirk Armstrong to the position of vp/distribution and supply chain innovation. Armstrong will report directly to Lori Bossmann, evp/chief supply chain officer.
Global parcel volume reached 87 billion in 2018, up from 74 billion in 2017, according to the Pitney Bowes Parcel Shipping Index, the highest figure since the index first appeared.
Imports at the nation’s major retail container ports are expected to hit their highest level of the year in November just before additional tariffs take effect in December, according to the Global Port Tracker report from the National Retail Federation and Hackett Associates.
Imports at the nation’s major retail container ports remained strong in August as retailers and product suppliers looked to beat a new wave of tariffs that took effect September 1.
Walmart is reportedly making organizational changes as it continues to integrate its store, digital and omnichannel operations, according to a memo obtained by CNBC that was sent by CEO Doug McMillon to the retailer’s employees.
Dollar General welcomed employees, their families and local and state officials to celebrate the official grand opening of the company’s 16th distribution center in Longview, Texas. At full capacity, the state-of-the-art Longview facility is expected to employ more than 400 people and support approximately 1,000 Dollar General stores.
Wayfair’s James Savarese, chief operating officer, and John Mulliken, chief technology officer, are retiring from the company. In addition, Thomas Netzer and Allan Lyall, both currently executives in its European business, have received promotions.
Walmart plans to increase its investment in its supply chain logistics in China by about $1.2 billion, building or upgrading more than 10 logistics distribution centers over the next 10 to 20 years.