Port congestion? Maybe Houston is the alternative
Houston, Dallas, San Antonio market seeing demand for imports from Asia
Port Houston is positioning itself as a viable option for handling more containerized imports from Asia, thanks to congestion woes for importers on the West and East coasts.
Austin, Texas-based cooler and drink ware manufacturer Yeti (NYSE: YETI) is testing Port Houston as an alternative to the Port of Los Angeles and Long Beach or Port of New York/New Jersey for importing its shipments from Asia, according to Paul Carbone, Yeti’s CFO.
“We’re seeing some elongated wait times coming through the ports in the process of shipments,” Carbone said during Bank of America’s 2021 Consumer and Retail Technology Conference on March 9.
To mitigate wait times and supply chain risks, Carbone said Yeti is cross-docking its shipments, using some different shipping lanes, and using faster shipping lanes out of Southeast Asia “to cut down on the transport time.”
“Lastly, we’re testing some alternative ports, but we haven’t even started that,” Carbone said. “Port Houston is right down from our Dallas-Fort Worth distribution center. So we’re going to send some ships into there; it’s a smaller port, we don’t want that to get overrun. So we’re testing that.”
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