![]() ![]() The company's headquarters are in Haifa, Israel Originating in 1945, ZIM has traded on the New York Stock Exchange since 2021. Zim Integrated Shipping Services Ltd., commonly known as ZIM ( Hebrew: צים, tsim a biblical word meaning "a fleet of ships", Numbers 24:24), is a publicly held Israeli international cargo shipping company, and one of the top 20 global carriers. We currently have healthy stock numbers but they might not stay that way forever.Zim container ship SS Kedma, ZIM's first ship in 1947 SS Kedma 1947 SS Shalom, a ZIM ocean liner in the 1960s Mezada Mezada Victims Given the reality of the situation, we can only guarantee that orders placed before December 1 st will arrive by Christmas. We at Solgaard don’t want to be alarmist but can only agree and encourage our customers to get their shopping done extra early this year. Many retailers are already predicting they will run out of stock on certain products and won’t be able to replenish before the New Year. The age- old saying “the early bird gets the worm” has never been more true! Remember that it’s not only shipping delays within the US that are the issue, but the enormous backlog at the ports is going to take weeks if not months to go through. The conclusion is that if you want gifts for your loved ones this year, it’s better start acting now. And they don’t expect it will get better going into the holiday season. There is now a scarcity of truck drivers in the US and the companies like UPS, FEDEX and even the USPS are totally slammed. Ok, but let’s just say that the boat that your desk is on is able to dock at the port and gets off the boat in a timely manner. Emptying these container ships is a slow process and with labor shortages also affecting the US, it’s increasing delivery times significantly. There has been so much shipping craziness in the last year, including a 1,312ft ship blocking the Suez Canal for 6 days, that now there are hundreds of boats just circling the ports on the west coast of the United States that cannot dock. But let’s just say that your desk gets made and put on a boat to the US. Less ships on the water, means shipping is more expensive. Ports were blocked for a long time, causing shipping costs to skyrocket. ![]() And when the manufacturing plants were able to finally open, they had to keep up with regular demand plus backlogs, with less workers available and less raw material, increasing the price of the final product in the process.Ĩ0% of goods are shipped by sea, so even if your desk was made, it was hard to find boats to send it on. However, in the midst of the pandemic, the manufacturing plants were closed down for weeks, meaning there were no desks being made. Normally, this wouldn’t be a problem, the manufacturing plant just…makes them and sends them over. So, they talk to their manufacturing plant, which is usually overseas, and say: “Hey! We need 1000 desks”. Now, what happens if it’s not in stock? What if 1000 people order the same desk at the same time? The company needs to order more desks. ![]() That order gets sent to the company that sells it and if they have it in stock, great! The warehouse, which is normally outsourced by the company that sells you the product, packs it up, prints the shipping label, the UPS picks it up and delivers it to your home. You go online and find the absolutely perfect desk, so you put it in your cart and proceed to checkout. After all, you are going to be working from home for the foreseeable future, you might as well get comfortable. You’re on your phone, scrolling and you decide you want to buy a new desk. In simple terms, it’s like a massive reverse domino effect where if one piece falls short, it keeps the rest of dominos from falling…on a massive, global scale. And it’s only going to get worse as we approach the holiday season. The truth is the pandemic put a massive stress on more than just our healthcare systems it hit the international supply chain – hard. Though the worse of the COVID-19 pandemic may seem to be behind us, the consequences on our daily lives are still in full throttle. ![]()
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