A newsletter I receive has stated...
A reason for retailers to fret before the holiday: shipping delays are on tap.
A continuing high level of imports and a likely strong back-to-school retail season will further strain transpacific capacity during the usual peak summer shipping rush that precedes the holidays. A partial shutdown of the key Chinese port of Yantian because of COVID-19 fears is shaping up to be a bigger mess for ocean shipping than the Suez Canal blockage was in March. Fifty ships and 350,000 containers are waiting. This will add to shipping delays and cause some retailers to scramble.