"(WXYZ) — ...Everitt told 7 Action News this week that prices have gone up 10% on some products, certain suppliers are now charging for fuel, and a number of companies are also giving them out-of-stock lists now.
So, a toy shortage is possible....You can expect prices to go up because shipping costs have gone up so much.
Vespa said last year, English Gardens could order a 40-foot shipping container from China for $7,000. Now, he said the cost per container runs $13,000-$23,000.
The Drewry World Container Index report from September 16, 2021 showed the average cost to ship a 40-foot container increased 2.9% to a price of nearly $10,375 per container.
The Drewry World Container Index report from September 16, 2021 showed the average cost to ship a 40-foot container increased 2.9% to a price of nearly $10,375 per container.
That's
- 323% higher than a year ago
- and the 22nd consecutive week of increases...Read all.
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