October 12, 2024

Hasbro and Mattel have most toy shipments locked in as port strike looms, analysts say

 Hasbro and Mattel have most toy shipments locked in as port strike looms, analysts say

Hasbro and Mattel have most toy shipments locked in as port strike looms, analysts say

A strike along dozens of East Coast ports could cost the economy hundreds of millions of dollars a day, leaving things like cars, furniture, alcohol and pharmaceuticals stuck on ships, while potentially raising shipping costs for businesses and consumers.