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Anonymous

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Anonymous Wed 04 Aug 2021 13:33:23 No.9218870 View View Report

Quoted By:

Chicoms have us by the balls with their shipping rates and that results in the hikes.

Anonymous

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Anonymous Tue 27 Jul 2021 17:50:03 No.9199175 View View Report

Quoted By:

>>9198814
A major reason behind this is that Chinese shipping companies are extorting crazy amounts of money out of everyone, because they have monopolies.

Anonymous

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Anonymous Thu 22 Jul 2021 18:05:28 No.9184073 View View Report

Quoted By:

Toy Armageddon coming! The Chinese are price gouging, killing the toy industry! You may never find Classified figures at retail!

See here-
>>9183994
>>9183994
>>9183994

Anonymous

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Anonymous Thu 22 Jul 2021 17:55:33 No.9184036 View View Report

Quoted By:

Apparently shipping companies are extorting toy manufacturers, using Covid as an excuse to raise prices by 500%

You can read about it here: >>9183994.

This is expected to become an industry wide problem, particularly for the Holiday season, which may have barren shelves this years.

Anonymous

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SHIPPING COMPANIES PRICE GOUGING

Anonymous Thu 22 Jul 2021 17:44:08 No.9183994 View View Report

Quoted By: >>9184036 >>9184073

New crisis! Apparently shipping companies are reporting record profits as they've apparently taking advantage covid in order to price gouge toy companies on shipping causing massive delays and rising toy prices.

https://toybook.com/global-shipping-crisis-price-gouging/

>According to ZURU Co-Founder and Director Nick Mowbray, “shipping companies are reporting profits in Q1 that are more than the 10 previous years of Q1 profit combined. Then we get emails like this saying due to operational challenges, another blanket surcharge will just be added arbitrarily. That ‘extra’ random charge is almost double the cost it was to ship the entire container a year ago!”

>The letter in question was sent to clients by Hapag-Lloyd AG — one of the major global shipping companies — informing them of a “Value Added Surcharge (VAD)” for Trans-Pacific trade, including shipments from China to the U.S. and Canada. Effective Aug. 15, the VAD surcharge will be billed at $4,000 for 20-foot containers and $5,000 for 40-foot containers. Mowbray shared the letter publicly on LinkedIn.

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