Shipper radar: We put a value on Costco’s charters but don’t forget the consumer

The Q&A part of Costco Wholesale Corp’s earnings call last week revealed – as widely reported everywhere within and outside logistics – that the wholesaler has become the latest shipper to charter its own vessels to mitigate the continuing transpacific container supply chain crunch.
But how much the deal is worth didn’t seem to receive the attention it deserved, neither in absolute nor relative terms against its heavy capital spending (aka …

The post Shipper radar: We put a value on Costco’s charters but don’t forget the consumer appeared first on The Loadstar.

Source: The Loadstar

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