People are being advised to do their holiday shopping early this year because of supply chain issues and shipping price increases.
FedEx is increasing prices by $1.50 per package while the US Postal Service may hike package prices by as much as $5.
H Squared Research says, “The real challenge comes from how the products are getting to the stores. So, while the CEO of Target can say they have $2 billion worth of inventory coming to the stores, no one is addressing how that product is getting to the stores. There aren’t enough truck drivers. There are not enough cargo trains. So, it becomes a logistics issue.”
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