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The Flying Buttress once glided across the oceans carrying vital commodities like grain to all corners of the world. Now it bears a different treasure: Paw Patrol Movie Towers, Batmobile Transformers and Baby Alive Lulu Achoo dolls. The dry bulk cargo ship has been drafted into the service of retail giant Walmart WMT.N, which is ...
Liners highly unlikely to slash service for Chinese New Year Only 2% of Asia-West Coast service has been canceled so far versus the usual 20% Heavy container imports continue into West Coast (Photo: Jim Allen/FreightWaves) Every year, the global supply chain grapples with a major disruptive event: Chinese New Year (CNY). Volumes at sea plunge as Chinese factories shut down. Carriers temporarily “blank” (cancel) sailings due to lack of outbound boxes. Importers pull cargoes forward before the holiday to ensure they have enough inventory. CNY falls on a different date every year. It...