150 billion worth of goods are piled up, and a large number of containers are stranded! Sellers: We will lose money during this peak season

In order to welcome the upcoming peak season, sellers are preparing for the upcoming peak season. However, as the largest port in the United States, the congestion problem at the Port of Los Angeles is still not optimistic.

According to foreign media reports, as early as October 18, there were about 200,000 containers piled up outside the Port of Los Angeles. The two ports of Los Angeles and Long Beach alone had a backlog of about US$24 billion (about RMB 153.5 billion). These goods could not be shipped out, and the containers on the docks were already "full".

Due to factors such as the shortage of human resources, the epidemic, and the approaching holidays, people's purchasing power has skyrocketed. Sellers who want to take advantage of the "explosive orders express" replenish stocks and ship goods as soon as possible, greatly increasing the transportation volume of goods.

Rising transportation costs, insufficient supply of containers ...all kinds of problems are facing us, and ports, which are overwhelmed, are also facing a series of increased risks such as cargo delays, damage, and loss .

The shipping market is unpredictable, and sellers are most concerned about the safety and timeliness of goods . The peak season is just around the corner, and for sellers, whether the goods can arrive on time and smoothly is crucial.

But in fact, there have been frequent reports of sellers losing or damaging goods recently. Time delays seem to have become commonplace, and sellers can only silently bear the losses and impacts ...

"Sea transportation now depends on luck. The port's handling capacity has declined and the impact of the epidemic has caused seasonal products that were shipped months ago to be stuck at the port." A seller expressed his concerns. The most feared thing about seasonal products is time delays. The worst result is that the goods are left in their hands, and if things go wrong, they may even have to pay out of pocket .

In addition to time delays, some sellers also encountered problems such as lost and damaged items. Since the freight forwarder refused to take responsibility, the sellers could only swallow their anger. One seller reported that a shipment he had shipped some time ago encountered lost and damaged items, but because he did not purchase insurance, the loss was as high as tens of thousands!

The difficulties in shipping continue. Against this backdrop, cargo loss, damage and delay seem to have become the norm, attracting the attention and discussion of many sellers. One seller said: "It is only after experiencing it myself that I know it is really necessary to buy insurance, which can at least recover some of the losses."

Many sellers believe that the peak season is a good time to make money with huge orders, but they were unexpectedly tripped up by shipping issues, which resulted in more or less losses, and they may even lose money. One seller joked helplessly: "All the money I earned in half a year is gone, and now I really have become a philanthropist..."

The importance of cargo safety is self-evident. In order to minimize risks, purchasing logistics insurance as early as possible has become a consensus among cross-border sellers.

The editor learned that Huafuda has launched insurance products to protect the goods from the delay, loss, damage, return and other problems that sellers often encounter . In addition, Huafuda has recently launched a pure credit loan product, with a single loan amount of 0-10 million yuan, an annualized interest rate as low as 5.35, and a loan period of 3-6 months , which can solve the urgent needs of sellers who are currently in financial difficulties.

Interested sellers should quickly learn about Huafuda’s cargo insurance business to ensure the safety of cargo transportation and solve financial problems.

Port congestion

logistics

transportation