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Salvagers Unstick Suez Ship, But $10B in Lost Trade Still at Stake

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

Following the disruption that cost the global economy an estimated $400 million an hour, ocean freight carriers and supply chain executives were breathing a sigh of relief Monday after the Suez Canal Authority said Evergreen’s Ever Given mega container ship was dislodged, fully floating and expected to be moved to the Great Bitter Lake, freeing…

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