In the last months, we have been experiencing unprecedented logistical issues that have been contributing to worsening shipment delays and skyrocketing container prices. Shipping space and containers are in extremely short supply and our base rates for containers have increased more than 800% and increasing. We continue to do our utmost to maintain our standard lead times, but several causes for delays are beyond our control.
We hope and anticipate that this situation will subside, but until it does, we must instate a freight surcharge of $0.50 per meter effective as of September 15, 2021. This surcharge will appear as a separate line item at the bottom of our invoice.
We continue to monitor the situation closely and will discontinue this surcharge as soon as freight rates come back to somewhat of a normal level. We understand that this surcharge follows price increases from June and July; unfortunately these increases did not incorporate the skyrocketing cost of freight.
We thank you for your understanding and your continued support.
President of Master Fabrics / Avant Garde