{"id":7192,"date":"2021-02-11T22:20:18","date_gmt":"2021-02-11T22:20:18","guid":{"rendered":"http:\/\/dominatorfireworks.com\/blog\/?p=7192"},"modified":"2021-02-11T22:20:18","modified_gmt":"2021-02-11T22:20:18","slug":"1-21-on-going-shipping-crisis-update-and-effects-on-the-fireworks-industry","status":"publish","type":"post","link":"http:\/\/dominatorfireworks.com\/blog\/2021\/02\/1-21-on-going-shipping-crisis-update-and-effects-on-the-fireworks-industry\/","title":{"rendered":"1-21 on-going shipping crisis update and effects on the fireworks industry."},"content":{"rendered":"<p>After record shattering sales due to Covid-19 resulted in record 2021 orders to China factories, what could go wrong?\u00a0 A major meltdown in the supply chain via the shipping industry.\u00a0 It appears there just aren&#8217;t enough fright ships online to move the amount of goods needed to re-stock to comfortable levels for many distributors, on a global level.<\/p>\n<p>With each passing week of the ongoing global shipping crisis, it becomes less likely that the fireworks industry can fully \u201ccatch-up\u201d on shipping in time for July 4<sup>th<\/sup>.\u00a0\u00a0\u00a0\u00a0 \u00a0Once again this week, only a fraction of the product waiting for shipping could find space on a boat.\u00a0\u00a0\u00a0 COSCO canceled a sailing, making the week\u2019s total shipments even less than the previous.\u00a0 Yesterday brought more challenges with Huayang announcing that CMA is facing a new shortage of empty containers, and that will likely effect CMA bookings in the coming days and weeks.<\/p>\n<p>Production is slowing due to overcrowding in the warehouses, and Liuyang had several days of below freezing weather which pushed the humidity below the 25% safety threshold and the government temporarily stopped star making, chemical mixing, etc.\u00a0\u00a0\u00a0 Therefore, factories will run out of stars sometime this week and need another week to build stock levels back.\u00a0\u00a0\u00a0 Then we will transition into Chinese New Year shutdowns.\u00a0\u00a0 So production will slow in the coming weeks.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After record shattering sales due to Covid-19 resulted in record 2021 orders to China factories, what could go wrong?\u00a0 A major meltdown in the supply chain via the shipping industry.\u00a0 It appears there just aren&#8217;t enough fright ships online to move the amount of goods needed to re-stock to comfortable levels for many distributors, on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7192","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ 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