Ikea buying own containers amid logistics woes
Swedish furniture giant is also chartering vessels to ensure its shelves are kept stocked
Singapore
A SIX-DAY Suez Canal blockage in March this year is still making its impact felt across the global supply chain, causing delays to the delivery of some furniture pieces from Ikea.
That's not all.
TRENDING NOW
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
OCBC rolls out AI-native banking, to hire 600 relationship managers in wealth push
High Court dismisses StanChart's appeal to strike out US$2.7 billion 1MDB-linked lawsuit
Malaysia’s Forest City family office push gains traction, but ecosystem gaps remain