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Retailers pay to fly goods from China as U.S. port backup delays deliveries

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Containers are seen on a shipping dock, as the global outbreak of the coronavirus disease (COVID-19) continues, in the Port of Los Angeles, California, April 16, 2020.

Lucy Nicholson | Reuters

Companies such as Peloton are facing a costly logistical nightmare as record congestion at ports around the world cause delays.

Global shipping data from MarineTraffic showed a ship with 197 containers of Peloton bikes and merchandise circled at anchor just outside the Port of Los Angeles between Dec. 22 and Jan. 2., when it was allowed to dock — after Christmas.

“The ship, and Peloton’s expected supply time, lost 12 days due to this while their product was nearly within swimming distance of shore,”



Source cnbc.com

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