Order your Christmas stock early - advice to shippers
Due to soaring shipping costs and trade route disruptions caused by attacks on vessels in the Red Sea, European retailers are expediting their Christmas orders.
The surge in shipping prices, particularly for large items, is anticipated to impact the cost of white goods and other big-ticket items.
Retailers are planning and booking shipments well in advance to ensure timely deliveries, potentially affecting cash flow and warehouse space.
The spot rate for immediate delivery of goods has increased significantly, impacting low-margin items like furniture and kitchen appliances.
Consequently, consumers can expect notable price increases for these items in the coming months.
https://www.bbc.co.uk/news/articles/cqee78djzmro
The surge in shipping prices, particularly for large items, is anticipated to impact the cost of white goods and other big-ticket items.
Retailers are planning and booking shipments well in advance to ensure timely deliveries, potentially affecting cash flow and warehouse space.
The spot rate for immediate delivery of goods has increased significantly, impacting low-margin items like furniture and kitchen appliances.
Consequently, consumers can expect notable price increases for these items in the coming months.
https://www.bbc.co.uk/news/articles/cqee78djzmro
