NRF Announces 40 Percent of Retailers Report Supply Chain Disruptions

The Global Port Tracker report released by the National Retail Federation and Hackett Associates indicates that the COVID-19 outbreak is going to have a much more detrimental impact on U.S. retail container ports than expected. Factory shutdowns and travel restrictions around the world will continue to affect, if not halt completely, production and trade. According to the report, 40 percent of respondents said that they are being affected and seeing disruptions in supply chains, while 26 percent reported they expect to see more disruptions as the virus spreads.