Adrian is on hosting duty and is joined by Sofeast’s Head of Supply Chain Management, Kate. Rising shipping costs (sea, air, and otherwise) are an issue facing importers from Asia now in 2024, but what’s causing it and are there any tips to help you cope? Also, in a second topic, Kate dispels the confusion about FOB vs FCA, explaining why the more common incoterm (at least when buying from Chinese manufacturers) isn’t necessarily the best for you!
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Episode sections
- 00:00 – Greetings and introduction.
- 01:23 – Shipping costs from China are spiking. How much are they now?
- 06:49 – What is causing the surging prices?
- 16:16 – What’s the effect on shipping to Europe?
- 18:56 – FOB vs FCA Incoterms.
- 29:35 – Wrapping up.
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- What do the USA’s May ’24 China tariffs mean for importers? [Podcast]
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