As a result of Houthi attacks on Gulf of Aden shipping, our container vessels are no longer transiting through the Suez Canal. The result of this is a more than threefold increase in shipping costs (still rising daily), and much increased delivery times.
The impact to us is a sharp increase in product cost and the likelihood of stock-outs due to excessive transit times from the Far East.
Hopefully, this crisis will be resolved in the near future!
The evolution team.