Quote:
Originally Posted by NoHaveMSG
I’m on the loose a lot of money end since we have to honor sales agreements already signed. At least shipping is coming back down. I’m getting rates of 11-14k for full 40’s now less taxes and duties depending on weight and port of loading.
|
Yeah the China lockdown has really made rates sink. Hopefully when my stuff needs to be moved in 2-3 weeks the rates will be $10k, back to double my initial estimate...
could be worse. A friend lost $40M overnight when Trump announced tariffs from China in 2017/18 because she had 40+ 40' of raw material already inbound on the ocean.
Quote:
Originally Posted by Howaitoguru
That sounds expensive.
|
Yeah there's a lot you have no idea about. It's very VERY complicated, people seem to think it just happens like magic when in reality it's careful planning over the course of decades, disrupted within a matter of months and will take upwards of 5-10 years to get back to normal.