Report: Home Depot Joins Companies Chartering Private Ships to Circumvent Supply Chain Crisis

Sharing is Caring!

Home Depot on Tuesday is reportedly joining other large companies chartering private ships to circumvent the supply chain crisis.

Walmart, Costco, Target, and Ikea have already hired private vessels to ship goods to smaller ports to avoid the backlog at ports reportedly fueled by a lack of truck drivers, Business Insider reported.

See also  Biden screwed over all these woke companies

It was almost started I think as a joke,” Galica said. “Let’s just charter a ship.”

While the large chartered vessels only contribute a small amount of Home Depot’s imported goods, Galica told the Journal the method helps the company maintain flexibility to keep certain items in stock. Those items include “plumbing supplies, power tools, holiday decorations, and heaters.”

See also  4 companies slaughtered over 80% of the nation’s cattle, giving the processors more power to set prices while ranchers struggled to make a living. RANCHERS TAKE MATTERS INTO THEIR OWN HANDS and raise $300 million from ranchers to build a plant themselves and control their future.

“Using small boxships for transoceanic point-to-point sailings is something we’ve never seen before,” an Athens-based Capital Maritime Group chairman, Evangelos Marinakis, told the Journal.

www.breitbart.com/politics/2021/10/12/home-depot-ships-supply-chain-crisis/

458 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.