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  1. Walter Hay

    Question about a particular shipping method, ground from China

    Thanks for asking. Yes, road freight from China to Europe is well established and has some benefits over rail. It is usually lower cost, and is currently more available due to rail freight being heavily booked. A very big advantage is that provided the carrier or forwarder adheres to the TIR...
  2. Walter Hay

    Selling experience or service over products?

    IDEA 
    Thanks for your comments. Yes you can see my story here: Walter Hay, Imp/Export Extraordinaire (Vandalay Industries) Regards, Walter
  3. Walter Hay

    Sharing my lifetime experience in export/import. Product sourcing specialist.

    GOLD! SOURCING 
    Unfortunately it is not possible. All records of shipments in and out of the USA are public and those companies you mention harvest the details and publish them on their sites. Walter
  4. Walter Hay

    Selling experience or service over products?

    IDEA 
    You didn't need training - you had determination and the ability to communicate, together with a need to succeed. Congratulations! You did it. Looking young is a decided disadvantage in most areas of employment. I know because I suffered from that same problem. In my motorcycling days I was...
  5. Walter Hay

    UPDATES on SOURCING, IMPORTING & LOGISTICS while the upheaval lasts

    FREIGHT FORWARDER RECOMMENDATION for these difficult times I have often been asked to recommend a freight forwarder, and have always been reluctant to do so, but today, due to the difficulties being experienced by importers in even managing to get a freight booking, I am making such a...
  6. Walter Hay

    Long time lurker has finally the courage for an introduction

    INTRO 
    Hi Dustin, I know the difficulties you had with ordering your first product, and I am glad that you persevered. Those headaches would have been enough to make a lot of people give up, but now you are on your way! Keep going. It was good to see your introduction at last. Walter
  7. Walter Hay

    Is everyone just importing goods?

    SOURCING 
    For years here on the forum and in my sourcing and importing book I have urged readers to consider local manufacture rather than importing. Considering the fact that my book is primarily about importing you might think that I am shooting myself in the foot, but my attitude is to recommend what...
  8. Walter Hay

    Finding sourcing for beverage line

    IDEA SIDE HUSTLE SOURCING 
    I can source anything but I would need to know a lot more. Send me a PM with as much detail as possible about your planned product and I will let you know if it is possible to source them. I specialize in the impossible so it would be unlikely that I can't find them for you. As you will see in...
  9. Walter Hay

    Life's Most Bitter Truth: What Your University Won't Teach You...

    GOLD! HOT! 
    What a great wakeup call! Life is uncertain anyway, so why sell your life now for tomorrow, when tomorrow you might fall under that proverbial bus? My attitude to this has always led me to avoid budgeting for my businesses. I have always just gotten stuck into doing the best I can now, and...
  10. Walter Hay

    UPDATES on SOURCING, IMPORTING & LOGISTICS while the upheaval lasts

    COVID LOCKDOWNS AFFECTING VIETNAM In a recent survey conducted by the American Chamber of Commerce in Vietnam (AMCHAM), labor shortages ranked high in the reasons for limiting prospects for reopening, recoevry, and rebound in manufacturing. To help understand why Covid is having such an...
  11. Walter Hay

    What Is the Online Equivalent of a "Boring But Stable" Offline Business?

    HOT! 
    Stick to offline. Exactly! That very limiting tunnel vision is something that I have observed so often on the forum. In running my chemical business I found networking and referrals far more valuable than an online presence would have been. When running my importing and B2B marketing business...
  12. Walter Hay

    UPDATES on SOURCING, IMPORTING & LOGISTICS while the upheaval lasts

    China-Europe Rail Freight Increases. The Chinese government from the beginning of the operation of the China-Europe part of the New Silk Road has been subsidizing rail freight, but the cheap rates will be slowly increasing in 2022 and 2023. Due to the importance of the rail network’s success...
  13. Walter Hay

    My problem finding problems (+ free list of problems from Twitter and other places)

    IDEA 
    Hi @GivingItMyAll The problems you have listed are all social, or physical or mentaL health problems. Unless your are qualified or skilled in dealing with such issues, you will find it very hard to sell solutions. If you want to set up a business you need to learn about problems encountered by...
  14. Walter Hay

    UPDATES on SOURCING, IMPORTING & LOGISTICS while the upheaval lasts

    FedEx and UPS have announced substantial price increases of 4.9% for parcels to the US, plus heavily increased surcharges for processing documents, particularly if shippers want to make changes after the booking is made. What a coincidence that both have made the same decision at the same time...
  15. Walter Hay

    UPDATES on SOURCING, IMPORTING & LOGISTICS while the upheaval lasts

    CUSTOMS BONDS Of interest for those using my book. If you have to buy a Customs Bond you can expect a 40% increase in the premium over what you paid last year. Just another sign of the growing effect of inflation. In this case it is bearable considering the coverage it provides for importers...
  16. Walter Hay

    What is Web 3.0? Here’s a massively over simplified, 30-second primer

    IDEA 
    I am technically quite ignorant. For 20 years I was very happy operating a chemical manufacturing and exporting business using a typewriter, hard wired phones, and telexes for international communication. Later I operated my next international business by traveling and using faxes to place...
  17. Walter Hay

    UPDATES on SOURCING, IMPORTING & LOGISTICS while the upheaval lasts

    PLAN AHEAD: Chinese holidays for 2022 will impact many orders, so the sooner you can place your orders the better. It's too late to book anything for shipping before mid January, but if you are quick and have a good reliable supplier orders placed within the next few days might be shipped by Jan...
  18. Walter Hay

    UPDATES on SOURCING, IMPORTING & LOGISTICS while the upheaval lasts

    The Financial Times has reported that the UK is likely to run out of warehouse space within a year, with the stock of available warehouse space falling below 50 million square feet. This amounts to the nearly the total amount of space secured by importers in the first nine months of 2021, What...
  19. Walter Hay

    UPDATES on SOURCING, IMPORTING & LOGISTICS while the upheaval lasts

  20. Walter Hay

    UPDATES on SOURCING, IMPORTING & LOGISTICS while the upheaval lasts

    Recently I have posted updates in two threads relevant to these subjects, as well as commenting on these subjects in other threads, and judging by the small number of responses, I think they are largely going unnoticed. I believe these subjects are important enough to warrant their own thread...

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