November 15, 2021

Bloomberg sees freight rates stair-stepping lower after the Lunar New Year, yet remaining above historical averages in 2022. The backdrop could provide the container-liner industry with opportunities for earnings upside.

 

Toy Related Box Office Updated 11/15/2021

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Blockchain to Ease Logjams as Supply Chains Ditch Paper for Digital

Enda Curran, Bloomberg

According to the article, blockchain technology is coming to the logistics industry. “Global Shipping Business Network offers “Cargo Release.” It decreases the time to exchange documents from days to hours.

 

Burlington Has Shut Down Direct to Consumer Online Shopping

I have been told that Burlington is not selling directly to consumers online. I checked, and if you click on an item, it gives you this message:

Amazing Savings Are Waiting for You* Visit Your Store Today

* Assortment varies by store

 

“Ships calling LA and Long Beach told to queue up 150 miles from shore”

Kim Biggar, Splash247.com