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Home Depot, hoping to sidestep a global shipping crisis, has contracted its own ship to transport its goods.
The home-improvement store is one of many retailers grappling with shipping delays and rising costs caused by supply-chain problems. According to data from the Journal of Commerce, cited by CNBC, Home Depot is the third-largest importer by sea freight in the US.
“We have a ship that’s solely going to be ours,” Home Depot COO Ted Decker said in an interview with CNBC. “It’s just going to go back and forth with 100% dedicated to details ⇒
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