Are Retailers That Charter Their Own Cargo Ships a Better Buy Right Now?

·6-min read
Are Retailers That Charter Their Own Cargo Ships a Better Buy Right Now?

Amid the supply chain crunch, individual major retail companies are taking previously unheard-of measures to bring products to the U.S. from overseas factories. According to reports from Reuters and other news sources, several big retailers, including Walmart (NYSE: WMT), The Home Depot (NYSE: HD), Target (NYSE: TGT), and privately held Ikea, are now chartering cargo ships to create their own supply chain.

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