Carriers continue to struggle finding sufficient volume to fill their ships on the Asia to U.S. trade lane. Demand started to soften last summer and has never fully recovered. While volume is expected to increase slightly heading into peak season, carriers are faced with a dilemma on how to handle rates. Carriers have been trying to increase spot rates for the last several…
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U.S. Retail Intelligence – July
June 29 – Best Buy Updates Membership Program in Time for July Deals As the company prepares for its July supply events, Best Buy is rolling out its updated membership program, now in three three tiers designed for customers who want convenience, value and access, as well as protection and support. From: HomePage News June 29 – 2023 Private Label Hall of Fame: Kristin…
CONTINUE READINGTrade Issues Update
On June 2, Americans for Free Trade (AFT) sent a letter to the House Select Committee on the Chinese Communist Party (CCP) signed by IHA and 145 other organizations for the May 17 hearing Leveling the Playing Field: How to Counter the Chinese Communist Party’s Economic Aggression. Despite the enmity between Capitol Hill Republicans and Democrats, the Select Committee on the…
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