Thread: Update from Steves Wholesale

Another big issue is the demand for empty containers in China means the shipping companies make more money carrying those from the US (where they arrived full) back to china for a quick return rather than sail all the way to NZ with a full load.....meaning possible shipping issues due to economics of sailing. Add to that the long delays in getting unloaded here adding to the shipping companies costs with no way of recouping it compared to a drop off in China....(Someone sad there was 445 ships waiting to be processed at AKL port- not sure if the number is accurate but I do know there are big delays...And it is not just due to covid (though it is not helping...) Some of these issues were forecast 5 or 6 years ago and the predictor was poo-poo'd because everyone thought he as trying to justify charging more for shipping....