Hasbro Stocks Up on Toys to Work Around Shipping Constraints

1 August 2021

Hasbro Inc. is sourcing more of its toys earlier from various countries as it anticipates port congestion and ocean-capacity constraints in the second half of the year, executives said.

The maker of Transformers, My Little Pony, Play-Doh and other toys is looking to get around bottlenecks in shipping operations to make sure products arrive in time for the holiday season, finance chief Deborah Thomas said on a Monday conference call. Hasbro is increasing the number of container lines it works with and using more ports to speed up delivery, she said.

Reference link : https://www.wsj.com/articles/hasbro-stocks-up-on-toys-to-work-around-shipping-constraints-11627332252

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