Costco takes more control over its supply chain

2021-09-27

Costco has chartered three container ships and leased thousands of containers to ensure delivery of goods from Asia to its stores in the US and Canada, Chief Financial Officer Richard Galanti said. Each ship can carry up to 1,000 containers, and leasing the ships and containers is a cost-effective alternative to third-party shippers that would cost six times more, Galanti said.

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