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CMI News & Announcements

Container Update: Actions Have Consequences

FOR IMMEDIATE RELEASE:

 

Container Update

    

Dear Valued Customer;

ACTIONS HAVE CONSEQUENCES
"Deal with Honest and Transparent Partners"

 

Many nail importers have taken to “drastic actions” in order to curtail losses and are not meeting their obligations of shipping nail orders/ containers as contractually agreed to. These actions would appear to violate the basic tenants of an agreement between buyer and seller to deliver material at an agreed upon price at an agreed upon time.

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Urgent Nail Update

FOR IMMEDIATE RELEASE:

 

Urgent Nail Update

    

Dear Valued Customer;

YOUR NAIL CONTAINER WILL BE LATE

 

If you placed an order in the early fall and your container was to ship in December it will most likely be 30 – 45 days late. If your order was to ship in January for March delivery it could be 6 to 8 weeks late, as the container shortage will mean many January loads wont ship, and then they will have to wait till the plants reopen On March 1. As we have been warning for the past few months the supply chain is broke. When orders get that far backed up for shipping , eventually the plants have to stop producing because they have no floor space to store additional production before shipping. It is finite.  Please click the link to the two articles published in the Journal of Commercial , the Trade publication for global shipping.

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Price Increase Announcement - SecureGrip/Synthetic Underlayments

FOR IMMEDIATE RELEASE:

 

Price Increase SecureGrip, WeatherWarrior, SecureWrap Products and Dual Logo products,
Including Self Adhered
Nationwide

    

Dear Valued Customer;

Due to the stark increase in resin and in shipping costs CMI will increase the price on all of the following products; effective on the following dates:

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Price Increase Announcement - Fiberboard

FOR IMMEDIATE RELEASE:

 

Price Increase Announcement - Fiberboard
Effective:  January 25, 2021
Nationwide

    

Dear Valued Customer;

Please be advised that due to rising costs in energy, materials, and transportation, there will be a price increase of 5% to 7% on all fiberboard and cant strip/tapered edge products nationwide effective with shipments January 25, 2021.

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Roofing Nail and SecureGrip Synthetic Underlayment Market Update

FOR IMMEDIATE RELEASE:

 

Roofing Nail and SecureGrip Synthetic Underlayment Market Update
December 08, 2020

Abington, PA (12/08/2020) –

 

ROOFING NAILS

 

Why are your nail containers late? Are they late because your shipper won’t pay the current freight rate or are they late because your shipper does not have an on-site presence to oversee the process, or even a large enough volume to secure container space? This is one of those times when only the most important nail providers are being treated correctly and only if you’re on top of it. You can’t do that from behind a computer screen, you have to have an on-site presence to have an impact. Additionally, some “nail brokers” can’t afford to pay the current rates to get your nail containers moved with freight increases averaging over $2,200 each over previous periods. At CMI we have the regular volume to get our containers shipped, and we never let the current freight rates dictate our obligations to ship your cargo.

 

 

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