Shipping Delays Expected to Extend ‘Into Spring and Summer’ (and America’s $1,400 Stimulus Checks Could Make Slowdowns Worse)

Eugene Seroka, executive director for the Port of Los Angeles, said shipping volume is about to surge again over the next few weeks, continuing “into the spring and summer.” And analysts are worried that the $1,400 checks issued as part of the Biden administration’s $1.9 trillion stimulus package will make delays worse as Americans keep spending online…

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4imprint Revenue Dropped 35% in 2020, Profit Down 96%

4imprint this week announced its 2020 fiscal year results. According to Morningstar, the company’s revenue was down 35% to $560 million from $860 million. Specifically in North America, revenue fell 34%, and U.K. and Ireland revenue dropped 53%. The distributor also posted a 96% drop in annual pretax profit…

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