The Wall Street Journal

29 April 2015

Frank Layo, retail strategist at Kurt Salmon, explains to The Wall Street Journal how costs are still climbing as a result of increased traffic at U.S ports. Layo predicts that the cumulative costs of shipping delays could reach $7 billion this year and climb as high as $37 billion in 2016. In order to avoid congested West Coast ports, Layo expects retailers to divert shipments from Asia to more expensive routes. Layo also points out how consumers could “feel it in the form of mass out-of-stocks and price increases.”

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