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BBCNEWS BBC News December 27, 2021 12:23:00 - Vimarsana News

BBCNEWS BBC News December 27, 2021 12:23:00

We already know it is a sensitive system — the evergiven, the ship that blocked the suez canal for six days in march, caused massive backlogs. but it is covid that has done the real damage. container lines are run like train lines. they have schedules and they're meant to call at fixed times for fixed durations, that is just not happening because they can't. and the cost of sending shipping containers by sea has risen dramatically. it is absolutely gone crazy this year. if you're looking at short—term freight rates from asia to europe you are looking at a 366% increase. longer—term rates...

BBCNEWS BBC News December 27, 2021 15:20:00 - Vimarsana News

BBCNEWS BBC News December 27, 2021 15:20:00

Several containers full of christmas gifts won't get here until january. if we don't get this stock to them today, the order is gone. it's been a year of good business but increasing delays and rising costs. it was delayed three weeks getting out of china, it was delayed another month on sea. you can see we've lost, for a seasonal business, you know, this is stock that people cannot buy until the last minute, it really hurts for a small business like ours. this is where the container came from, near shanghai. the trouble is they are not enough empty containers in china to meet the demand for s...

BBCNEWS BBC News December 27, 2021 13:27:00 - Vimarsana News

BBCNEWS BBC News December 27, 2021 13:27:00

This is stock that people cannot buy until the last minute, it really hurts for a small business like ours. this is where the container came from, near shanghai. the trouble is they are not enough empty containers in china to meet the demand for sending goods around the world. covid shutdowns and delays have put global supply chains out of kilter. we already know it is a sensitive system — the evergiven, the ship that blocked the suez canal for six days in march, caused massive backlogs. but it is covid that has done the real damage. container lines are run like train lines. they have schedu...

BBCNEWS BBC News December 28, 2021 00:20:00 - Vimarsana News

BBCNEWS BBC News December 28, 2021 00:20:00

For six days in march, caused massive backlogs, but it's covid that's done the real damage. container lines are run like train lines. they have schedules, and they're meant to call at fixed times for fixed durations, and that'sjust not happening, because they can't. and the of sending shipping containers by sea has risen dramatically. it has absolutely gone crazy this year. so if you're looking at short—term freight rates from asia to europe, you're looking at a 366% increase. longer—term rates, locked in 12 months in advance, have gone up even more. the shipping container industry is on c...

BBCNEWS BBC News December 27, 2021 23:18:00 - Vimarsana News

BBCNEWS BBC News December 27, 2021 23:18:00

It was delayed three weeks getting out of china. it was delayed another month on the sea. so you can see there that we've lost, for a seasonal business... you know, this is stock that people can't buy, until the last minute. it really hurts for a small business like ours. this is where the container came from, ningbo, nearshanghai. the trouble is, there aren't enough empty containers in china to meet the demand for sending goods around the world. covid shutdowns and delays have put global supply chains out of kilter. we already know it's a sensitive system. the evergiven, the ship that blocked...