OHIO-BASED women’s fashion giant Victoria’s Secret has been moving shipments away from air in favour of ocean transport, reports Washington, DC’s SupplyChain Dive. Company finance and administrative chief Tim Johnson said Victoria’s Secret has been moving shipments away from air in favour as ocean freight rates stabilise. The retailer expects the modal shift to help abate burgeoning costs. The company had seen supply chain costs rise by roughly US$300 million last holiday season due in part to...
https://www.seanews.com.tr/victorias-secret-moves-freight-from-air-to-ocean-to-save-costs/195391/