INDUSTRY FORUM TOY ASSOCIATION
Toy manufcaturers have been grappling with shortages of ships and containers, high wait times at ports, and increased freight rates.
The Toy Association Supports Members Amid Global Shipping Crisis By Kristin Morency Goldman With toy manufacturers struggling to get their products on boats to the U.S., retail inventories dwindling, and consumer demand surging, the toy industry is eyeing the fourth quarter with grave concern. “Over the past several months, The Toy Association has been talking with government agencies and corporate entities about the ongoing shipping crisis,” said Ed Desmond, executive vice president of
external affairs at The Toy Association. “Although much remains out of our control — from a global lack of ships and containers, to staggering wait times at the ports, to the continued impact of COVID-19 on the workforce, to skyrocketing freight rates — we are certainly doing everything we can to sound the alarm among authorities, and to help our members navigate the crisis as they plan for the holiday
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