If you thought things were bad in the supply chain, they may have just gotten a bit worse. According to a NBC News article, recent flooding in both western Europe as well as China’s Henan Province could throw further wrenches into the worldwide logistical network, hampering if not upsetting the supply of raw materials and finished goods to the marketplace.
“The disasters have damaged railways used for the delivery of goods and raw materials in both regions. Water rushed into industrial areas, extensively damaging facilities, machinery and warehouses, companies in the supply chain industry told CNBC.”
For further information on how the recent flooding in both hemispheres will affect the upcoming holiday seasons, click here.
Some diecast makers have been slowly inching up their wholesale prices in recent months. Corgi, looking to pass along the entire increase in one fell swoop, indicated that prices are rising by 10% as of August 1st. Other makers will likely follow suit and it remains to be seen which makers will actually be able to get product to market this holiday season.