Christmas isn't cancelled yet, but global shipments are making their way around the world slower than Santa's sleigh. In this American Shipper article, author Lori Ann LaRocco references ImportGenius data to examine Walmart's congestion issues in the face of the approaching holiday season. Importers nationwide have been placing orders up to two months earlier than usual to avoid "Christmas in January," which many companies dealt with last year. Since everyone is trying to avoid detrimental delays, delivery times are still alarmingly slow. The goal is to foster more resilient supply chains to ensure seasonal merchandisers don't completely miss the holiday seasons. But with such major congestion, the normal market appears a long way out of reach.
Read the full story here: https://www.freightwaves.com/news/warning-book-now-or-christmas-may-be-canceled