Dockworkers Disrupting West Coast Ports

June 9, 2023June 9, 2023 Alan Wolf industry, supply chain

Retail trade group asks Biden to intercede

Featured Industry

Shipping is Slipping

February 13, 2023February 13, 2023 Andy Kriege industry, shipping, supply chain

But freight volumes should pick up again this fall

Featured Industry

Shipping is Dipping

October 26, 2022October 25, 2022 Andy Kriege economy, industry, supply chain

With retail inventories busting at the seams, container demand — and prices — are falling

Featured Industry

Smooth Sailing: U.S. Port Congestion Clears

July 20, 2022July 19, 2022 Alan Wolf industry, supply chain

Cargo volume high ahead of peak shipping season

What Goes Up: Following several quarters of accelerated sales, home goods bellwether Conn’s, with over 170 stores across 15 states, said a 13% decline in furniture and mattress revenue and a 25% decline in appliance sell-through contributed to an operating loss of $20 million within its retail segment for the three months ended April 30. Conns Inc.

Short Circuited: Best Buy’s sales and profits continued to deteriorate in the first quarter amid what the company described as an electronics recession, although it anticipates a rebound later this year or in 2024. StarTribune

If You Can’t Beat ’Em: Amazon said its independent sellers — which include ProSource members Abt Electronics, Walts TV and World Wide Stereo — collectively sold more than 4.1 billion products through its site last year, averaging more than $230,000 in sales. Amazon Small Business Empowerment Report