The company’s first-ever “The New York Times” was held at the University of New York in New York.
The company’s main business is to provide a wide range of products and services to the public. (Photo/reproduced from Suez Canal Authority)
The company’s newest product, the “S.A.R.T.”, is the latest in a series of crises that have hit the global supply chain, as the Epidemic blockade has prompted consumers to upgrade their appliances, sofas and chairs, TVs and backyard facilities.
IKEA, the world’s largest furniture seller, and Dixons Carphone, a London-based electronics seller, told Reuters that they are among several retailers whose products are stranded on the Ever Given wheel.
Blokker, an Amsterdam-based seller of household goods, also said they had goods held up, but did not disclose which goods.
The rescue company overseeing the operation to get the Ever Given off the ground has warned that it could take weeks to tow the giant ship out of trouble, which ran aground in the waterway during a sandstorm.
Because of the epidemic Europe and the U.S. increased imports, return empty containers are in the wrong place, resulting in higher freight rates and bottlenecks at ports, and the entire shipping community is affected, and could be worse in the future.
Douglas Kent, executive vice president of the American Society for Supply Chain Management (ASCM), said, “The ships, containers and cargo are all in the wrong place.”
“Lloyd’s List estimates that about $9.6 billion in cargo products pass through the Suez Canal each day, including sports equipment, appliances, apparel to consumer electronics. Experts say thousands of empty containers are also returned to Asian factories through the Suez Canal.
IKEA has about 110 containers on board the stranded long-hauler and is investigating just how many more containers are on other ships waiting to enter the Suez Canal.
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