Walmart Charters Its Own Cargo Ships to Skirt Port Traffic Jams
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Before Covid, it was rare to see more than one ship lined up at America's biggest port complex, the Los Angeles and Long Beach terminal. As of today, there are over 60 of them, filled with billions worth of toys, furniture, and home electronics. The traffic's almost as nightmarish as the I-405.
Now, the nautical logjam has gotten so bad that big box retailers are chartering their own ships to get around the lines in time for the holiday shopping season.
Source Fool.com
