The global ocean freight has been driven to a high level since the pandemic starts and now, when we enter to May, 2021, we are receiving some jaw-dropping offers from shipping lines. Take example of shipping one 20 GP container from Eastern Coastal ports of China to Eastern coastal ports of US, it is touching a record-breaking level as US$10,000.00 or even higher. This rate is almost 50% of total amount of one container flooring exported from China to the US, plus 30.5% tariff, the landed cost of China exported flooring has reached a new high.
In China flooring industry, big players started to diversify their supply chains 2~3 years ago. Some products lines were shifted to Vietnam or other ASEAN countries or to the US; While middle or small sizes players couldn’t follow suit, either because of funds shortage or wouldn’t risk the uncertainties. Therefore, losing business to their competitors in Vietnam, India, Turkey or local manufacturers in Europe and US.
At TopJoy, how we deal with the rising costs and keep serving our clients is becoming a great challenge. While challenges always means opportunities at the same time. Thanks to our strong capability of flooring design, marketing and after sales, we haven’t lost any overseas so far. On the contrary, we are becoming more resilient and flexible on offering less MOQ, more varieties of color, local delivery services as well as online training service..
For Topjoy, our core value is not only relying on our high product quality and performance but also our valued-added full-round service.
Partnering with us now and let’s make a successful business together!
Post time: May-12-2021