Viewpoint: As inflation continues, now is the time to optimize e-commerce shipping

This commentary was written by Mitchell Nikitin, founder and CEO of Via.Delivery. The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

Online shoppers in the U.S. are paying noticeably higher prices for their purchases as a result of inflation. January marked 20 consecutive months of year-over-year online inflation. As consumers watch prices continue to climb, many are becoming increasingly concerned about the...

https://www.freightwaves.com/news/viewpoint-as-inflation-continues-now-is-the-time-to-optimize-e-commerce-shipping

Shipping Costs Drive Manufacturers To Fight Rising Prices

  • An ongoing surge in the cost of shipping goods around the world is prompting manufacturers and their customers to scramble for cheaper solutions.
  • Exporters, importers and their agents consider buying their own shipping containers and chartering vessels to avoid the sky-high costs and delays of existing services.
  • Most of the 25 million containers in global use are owned or leased by about a dozen ocean carriers including A.P. Moller-Maersk A/S and China’s Cosco Shipping Holdings Co.

A recent...

https://mfame.guru/shipping-costs-drive-manufacturers-to-fight-rising-prices/

Retailer Market Hit Hard, Elevated Shipping Costs

  • The Container Store’s most recent earnings call details the reality of shifting to a greater mix of e-commerce sales at a time when transportation capacity is extremely tight.
  • To manage limited capacity, logistics providers have implemented surcharges and placed limits on its largest customers.
  • These additional costs are putting significant strain on retailer bottom lines at a time when many are dealing with major top line declines.

A recent news article published in the Freightwaves written...

https://mfame.guru/retailer-market-hit-hard-elevated-shipping-costs/

Rising Shipping Costs Spurs Stress on China-Europe Trade

  • The cost of shipping goods from China to Europe increases by up to 600 percent in recent weeks.
  • The rise in cost of shipping goods is attributed to pandemic that has disrupted the trade routes balance.
  • It has resulted in a shortage of shipping containers.

A recent news article published in the CGTN written by Jemima Walker, reveals that the soaring shipping costs from China to Europe takes place amid container shortage.

Shipping cost of a container

At the beginning of 2020, it cost around $2,000...

https://mfame.guru/rising-shipping-costs-spurs-stress-on-china-europe-trade/

Soaring Container Prices Are Short-lived, Thanks to Authorities

  • George Steer and Valentina Romei recently drew consideration to the surge in transport prices on key routes comparable to east Asia to northern Europe.
  • The place the value of transport a typical 40ft container has soared from about $2,000 in November to greater than $9,000 at the beginning of this yr.
  • Throughout the summer season, costs on the route from east Asia to the US West Coast virtually trebled from about $1,500 per container.
  • It is recognized within the trade as forty-foot equal...

https://mfame.guru/soaring-container-prices-are-short-lived-thanks-to-authorities/

$14,000 To Ship a Container To the UK, But the Usual Price is $2,500

  • The founder of start-up Houseof.com, which imports lighting from China, says the rise in shipping costs means she’s making a loss on what she sells.
  • The six-fold increase in shipping costs is hard to take, especially when getting hold of a container “is like gold dust”.
  • The really unfortunate thing is, the small businesses who can’t afford to pay those rates are going to go under as a result.
  • To be honest it is very difficult to survive if shipping things at this kind of cost continues.

Vivienn...

https://mfame.guru/14000-to-ship-a-container-to-the-uk-but-the-usual-price-is-2500/

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