Retailers Hope to Bargain for Lower Ocean-Freight Rates

Retailers Hope to Bargain for Lower Ocean-Freight Rates Door To Door Experts

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https://www.wsj.com/articles/retailers-hope-to-bargain-for-lower-ocean-freight-rates-975f8b15

Retailers in the U.S. hope to slash shipping costs and save millions of dollars when they sit down later this month to negotiate long-term contracts with ocean carriers following last year’s surge in rates.

Some companies expect to cut ocean-freight rates by half or more, which in turn could allow retailers to slow or stop price increases for goods.

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By Air Transportation This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.