It begins with a leaky faucet, or perhaps a broken piece of crown molding, or a washing machine, or ceiling fan. Something needs to be fixed, replaced, improved or installed — and the right tools are required to do it. That specific need generates the demand that sets the supply chain in motion at The Home Depot, and increasingly that demand first appears as an online order placed through the retailer’s website.
News & Analysis
Spot container freight rates from Shanghai to U.S. ports fell about $70 per 40-foot container from last week, while rates from Shanghai to northern European and Mediterranean ports dropped more than $100 per TEU for the fourth straight week in the week of March 7. U.S-bound trade lanes have not seen an increase in seven weeks and Europe-bound lanes in nine weeks.