jclarkdawe wrote:
Everything coming through LAX and San Diego is delayed at record setting levels. See
https://www.businessinsider.com/shippin ... rts-2021-8The record for most ships stuck off these ports has been set four times in the last three weeks and stands at a current 56 ships. If you assume these are all container ships (they're not but let's make it easier to understand) that carry 10,000 containers apiece (many can carry much more). That's 560,000 containers sitting outside the ports waiting to get in, never mind the ships in port and the containers waiting for rail or truck transportation.
And just to make life interesting, Port of Corpus Christi is sending ships to sea because of Tropical Storm Nicholas, New Orleans is still picking up from whatever storm just hit it, and the Port of Shanghai is bracing for Typhoon Chanthu. By the way, we're also very short on truck drivers.
Jim Clark-Dawe
Quote:
With things like 52 container ships at anchor off Long Beach... Some stuff is sitting out there 2-4 weeks in addition to the transit times. Then getting trucks to deliver... it is a nightmare. Our vendors all have the same issues we do. Covid shut downs, labor shortages, material shortages, shipping delays and rising costs all across the board.
A 40 foot container was $3,500 just about a year ago... now this week... $20,000. Labor is up, materials are up. Transportation costs are up. That means pricing has to go up regardless of major changes in the models. Anybody buy lumber recently? 2x4s are the same, but pricing went from about $3 to over $10. at one point. That is coming back down, but most products are seeing price increases.