Author Topic: Storage containers are scarce, so toymakers are focused on small, squishy toys for the holidays  (Read 147 times)

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Online libertybele

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The cost of a 40 ft. shipping container from Shanghai is up 238%-- gotta love the Chinese and FREE trade right?? 

Storage containers are scarce, so toymakers are focused on small, squishy toys for the holidays

In a normal year, Basic Fun, based in Boca Raton, Florida, can export everything its customers order from its factories in China. "It's automatic," Foreman said. The company can "set it and forget it."

But not this year. Not in a year in which 20-foot and 40-foot shipping containers became scarce and more expensive to deliver goods from factories overseas to US ports and back. The spot rate of booking a 40-foot container from Shanghai to Los Angeles hit $10,229 the first week of August, up 238% from the same time a year prior, according to Drewry, a maritime research consultancy.

So Foreman had to make a decision about which toys Basic Fun would focus on sending stores for the holidays. And he had to make it by September, so the goods would arrive in time.

He found an easy answer to a complicated problem: small, squishy toys......

https://www.cnn.com/2021/10/16/business/toys-holiday-shopping-supply-chain/index.html
Romans 12:16-21

Live in harmony with one another; do not be haughty, but associate with the lowly, do not claim to be wiser than you are.  Do not repay anyone evil for evil, but take thought for what is noble in the sight of all.  If it is possible, so far as it depends on you, live peaceably with all…do not be overcome by evil, but overcome evil with good.

Offline EdinVA

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Sounds like poor planning to me....
Base your companies existence on china, you lose...

Online GtHawk

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Small and squishy? OMG he's sending  container loads of DEMOCRAT BRAINS