As many of you retailers and wholesalers know many shipping charges Worldwide, in my opinion ocean cargo LCL will be increased at least an average of 7-10% during next few weeks, whether justified or not be careful on your quotes.
One of the ways to protect yourself is to strengthen your relationships with the reps you work with and push them for written spot quotes good for at least seven days. This means using the telephone actually have human voice communication, have a beer together, push for better prices. But don't waste their time either you book some cargo or you don't.
A few guys who are pricing goods in SATS should probably be on a "seven day street price, whatever the market will bare". Here's where the reality is starting to kick in with B2B merchants, the potential volatility of Bitcoin should be based on seven day street prices.
As you know in Honolulu there are about 10 main clothing manufacturers, all are scrambling for the spring orders for Western Europe, Hong Kong (eventually ending up in Shenzhen).
Wake up guys the Hong Kong Dollar is steady and has been fairly strong versus the USD, which means a few brave souls are staring to base versus SATS. This will open smaller frequent air shipments, which means a few gutsy small forwarders will start accepting in SATS during 2024.
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