Using chartered ships isn’t common practice, but the current supply chain environment leaves retailers with limited options. Companies are taking extraordinary measures to have control over their cargo and have inventory arrive on time.
Port delays, container shortages, disruptions from COVID-19, shortages of supplies, limited availability of trucks and drivers, and labor costs are among the factors “pressuring supply chains and inflation,” Galanti said. “Even on a domestic side, various major brands are requesting longer lead times”
