Second strike at Liverpool to add to European port congestion, slow product delivery

CNBC

Logistics experts are warning another strike set at the Port of Liverpool for Tuesday will only add to the existing delays in product delivery caused by the prior strikes at Felixstowe and Liverpool.

“What we have seen over the last three years is supply chain changes can be expensive,” said Dana Telsey, CEO and chief research officer at Telsey Advisory Group. “The delays in logistics can impact the arrival of goods. You don’t want your product to arrive late. No retailer wants to discount their products as soon as it is set on the store shelf. Investors need to look at not only the fourth quarter for any impact but also for the first quarter of the calendar year as well.”

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