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Rent-a-ship: Costco hires vessels for urgent deliveries | Hellenic Shipping News Worldwide

Add Costco Wholesale Corp. to the list of desperate retailers renting entire vessels to bypass clogged ocean shipping networks and avoid stockouts of popular items as the Christmas shopping season quickly approaches. The Issaquah, Washington-based company has chartered three small ocean vessels for a year and leased several thousand containers to move export merchandise from . ....

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6% Gains Left For Costco Stock?

Costco, a warehouse club operator, gained roughly 30% – increasing from about $292 at the beginning of 2020 to around $380 currently. Costco has been firing on all cylinders during the pandemic as more consumer dollars got directed toward goods rather than experiences. ....

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