FOR IMMEDIATE RELEASE:
CHINA POWER/ELECTRICITY CURTAILMENTS MANDATED
WILL THIS DELAY NAIL SHIPMENTS?
Dear Valued Customer;
Abington, PA (10/04/2021) – Container shipping issues have been a challenge. January’s $6,000 ocean freight is now over $30,000 in many cases. Port delays have not improved, but they pale in comparison to interior USA rail delays. Union Pacific had a 25 mile train backup near Chicago. CMI has containers in Chicago area not delivered yet that are now over 11 weeks since they unloaded in California. These are issues we have been dealing with all year, and most likely will continue to have to navigate through Mid - 2022.