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Home » Authors » Bloomberg

Articles by Bloomberg

Port Of Los Angeles

Shipping Giant Offers Cash to Help Clear L.A. Port Glut

December 1, 2021
Bloomberg
One of the world’s biggest ocean carriers is dangling incentives of as much as $200 a container for help in clearing the backlog at Southern California’s ports.
Read More
Lincoln Logs toy

Toymaker’s ‘War Room’ Goes 24/7 So Gifts Can Reach U.S. Stores

November 30, 2021
Bloomberg
The journey of Tonka’s Mighty Dump Truck toy from its Asian factory to U.S. stores offers a window into what it takes for a small toymaker to survive 2021.
Read More
Parcel Shipping

Cyber Monday Misses Estimates on Short Supply, Weak Deals

November 30, 2021
Bloomberg
Final sales for Cyber Monday fell short of estimates and didn’t surpass last year’s record as lackluster sales and scarce inventory kept shoppers from breaking out their credit cards during the start of the holiday shopping season.
Read More
Walmart

Biden Promotes Supply Chain Progress in Meeting With Retailers

November 29, 2021
Bloomberg
President Biden said his administration has made strides toward relieving U.S. supply chain disruptions after the leaders of major retailers assured him they have ample inventories for the holiday season.
Read More
J&J

BioNTech, Moderna, J&J Explore Omicron Versions of Shots

November 29, 2021
Bloomberg
BioNTech SE, Moderna Inc. and Johnson & Johnson are working to adapt their COVID-19 vaccines to address the omicron variant, with the German partner of Pfizer Inc. saying it could have a new version ready within 100 days if necessary.
Read More
UPS

FedEx, UPS Turn Holiday Surge Into Someone Else’s Problem

November 29, 2021
Bloomberg
Retailers have increasingly turned to regional couriers to help shuffle packages that delivery titans UPS and FedEx can’t — or won’t.
Read More
Nike shopping bag

Black Friday Spending Fell for the First Time Ever

November 29, 2021
Bloomberg
Online spending totaled $8.9 billion on Black Friday, a number that was at the low end of expectations and slightly less than last year, according to the latest tally from the Adobe Digital Economy Index.
Read More
Port of Long Beach

West Coast Dockworkers Reject Contract Extension, Seek Talks

November 24, 2021
Bloomberg
The union representing about 15,000 dockworkers at the U.S.’s largest ports declined an offer by employers to extend existing labor contracts for a year, setting the stage for heated negotiations.
Read More
Virus Squeezes Ports

Broken Supply Chains Threaten Ruin at a Growing Number of Small Firms

November 23, 2021
Bloomberg
A growing cohort of smaller companies that survived the cold depths of the pandemic say now they’re in danger because the economy is too hot.
Read More
Walmart E-Commerce

Walmart Takes New Step Toward Making Aerial Deliveries Routine

November 23, 2021
Bloomberg
Walmart is expanding its efforts to offer aerial deliveries to homes, joining with startup DroneUp to begin dropping off items ranging from cans of tuna to children’s thermometers.
Read More
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