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shipping costs

Skechers had another strong top-line quarter in the face of global headwinds as sales leapt 20.5 percent to $1.88 billion in its third period. Net earnings for the footwear seller totaled $85.9 million, falling short of initial guidance as incremental logistics costs and capacity constraints weighed on margins.

Skechers Rang Up $50 Million Q3 Logistics Bill

Demurrage and Detention (D&D) charges imposed on U.S. shippers by container lines continue to be the most expensive in the world.

This Port Charges America’s Highest Late Fees—and It’s Not LA-Long Beach

The retailers able to pay premium prices to get ahead of competitors are the larger operations with the well-capitalized balance sheets.

Some Retailers Pay Big Bucks So Goods Ship First

Brand maven G-III’s net income for the fourth quarter more than tripled to $48.4 million, as net sales rose 42 percent to $748.2 billion.

DKNY Owner Boosts Q4 Income

Amazon unveiled it will increase the price of its Amazon Prime delivery service from $119 per year to $139 per year.

Prime Now ‘Much More Valuable,’ Amazon Says of $20 Membership Increase

Port congestion has contributed to lengthy shipping delays

Who Stands to Gain from 71% Jump in Nearshoring Plans?

Amazon CEO Andy Jassy said in a statement that the e-commerce giant expects to “incur several billion dollars of additional costs” during the holiday period, giving an ominous outlook amid weaker-than-expected third quarter sales and earnings.

Amazon Cites ‘Several Billion Dollars’ in Shipping, Labor Costs

The Louis Vuitton and Dior owner said it saw strong double-digit growth in Asia and the U.S., and the start of a gradual recovery in Europe.

LVMH CFO: Rising Shipping Costs Are a ‘Fact of Life’

Boohoo saw first-half sales jump 20 percent, but $35 million in supply chain costs and additional warehousing expenses drove income down.

Boohoo Eats $35 Million in Extra Shipping Costs

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