What’s Causing The Container Ship Traffic Jam Clogging Up Global Trade

Поділитися
Вставка
  • Опубліковано 29 тра 2024
  • Around the world, some major ports are experiencing a huge influx of containers, resulting in long supply delays. Trade wars, high demand, and a pandemic have created a perfect storm for the container ship industry which is trying to stay organized in the face of a wave of market unpredictability.
    The Ever Given, which clogged up the super important Suez Canal back in March of 2021, was the canary in the coal mine for recent global trade slowdowns. But before this calamity, disruptions from the Covid-19 pandemic hit port after port, with the aftershocks hitting the consumer market.
    In 2019, 11.1 billion tons of goods were moved across the world's oceans. And according to the World Shipping Council, the liner industry moves more than $4 trillion in goods annually. These vessels depend on people to get them from A to B and the complex logistics systems that make up the global trade network. But what happens when things don't go according to plan?
    » Subscribe to CNBC: cnb.cx/SubscribeCNBC
    » Subscribe to CNBC TV: cnb.cx/SubscribeCNBCtelevision
    » Subscribe to CNBC Classic: cnb.cx/SubscribeCNBCclassic
    About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
    Connect with CNBC News Online
    Get the latest news: www.cnbc.com/
    Follow CNBC on LinkedIn: cnb.cx/LinkedInCNBC
    Follow CNBC News on Facebook: cnb.cx/LikeCNBC
    Follow CNBC News on Twitter: cnb.cx/FollowCNBC
    Follow CNBC News on Instagram: cnb.cx/InstagramCNBC
    #CNBC
    What’s Causing The Container Ship Traffic Jam Clogging Up Global Trade

КОМЕНТАРІ • 1,6 тис.

  • @tomray4139
    @tomray4139 2 роки тому +14

    Bologna - California laws are to blame. The cargo ships are here but California laws prohibit Owner/Operator trucks in favor of Unions and trucks are required to be 2011 or newer. California law is the problem.

    • @kountryedge
      @kountryedge 2 роки тому +2

      Companies and O/O need to stop ALL delivery to California. They've been trying to get rid of drivers out of their state for years, its s out time they figure out how to get stuff delivered to them.
      Best thing to happen to that state is to be covered permanently or crumble into the ocean.

  • @scrotty11
    @scrotty11 2 роки тому +283

    The boss of Hapag Lloyd forgot to mention that their profit for the first quarter of 2020 went from 22 million to 1.2 Billion in 2021. The shipping lines are absolutely killing it in this world of shipping confusion.

    • @nstl440
      @nstl440 2 роки тому +11

      Good for them.

    • @IAmConorr
      @IAmConorr 2 роки тому +17

      @@nstl440 Hear hear, theyve been screwed in the ass by massive retailers like Walmart for years and now the chickens are coming home to roost

    • @mickkelly6389
      @mickkelly6389 2 роки тому +5

      Hurrah capitalism works/sucks

    • @bikesweattearsrebuildvoyag7106
      @bikesweattearsrebuildvoyag7106 2 роки тому +10

      the shipping oligopoly is just crushing it.

    • @TheFourthWinchester
      @TheFourthWinchester 2 роки тому +18

      @@nstl440 99% of the additional profits is not going to actual workers.

  • @two_toned_rooster
    @two_toned_rooster 2 роки тому +86

    “The mechanic might carry a computer instead of a wrench” is the most *clueless politician* thing I’ve heard this week. Clearly someone doesn’t understand what a mechanic is and how diagnostic equipment won’t fix actual broken parts 🙄

    • @adinicic4259
      @adinicic4259 2 роки тому +2

      Mostly I agree with you but cars have changed to more software complicated than mechanical. Diagnostics can figure out the problem without the need of breaking down the motor or tranny as we did in old days to figure out the issue.

    • @two_toned_rooster
      @two_toned_rooster 2 роки тому +5

      @@adinicic4259 Read my comment again but slower. A code scanner can tell you ‘cylinder 3 misfire’ and then reset the code, but it’s not capable of changing the spark plug to fix the problem. Or it can tell you your transmission is slipping, but it cannot replace the transmission. It can re-tune the transmission if it’s capable, but if the transmission is broken you still need a mechanic to fix it. Until the computers are so good they can wrench on themselves, you will need a mechanic to do the labor.

    • @brotherbrod
      @brotherbrod 2 роки тому +1

      ah if only the workers owned the means of production am i right?

    • @joebuck4496
      @joebuck4496 2 роки тому +1

      Well that’s the nature of politicians, clueless people calling the shots for things that the don’t understand. It’ll never change, we let these idiots call the shots and we always will.

    • @trukeesey8715
      @trukeesey8715 2 роки тому +1

      @@brotherbrod Why can't they be bothered to gain ownership? Time watchin tv? Time in bars? Lack of ability to lead? What?

  • @juanjavier962
    @juanjavier962 2 роки тому +45

    They didn't mention anything about truck drivers, that have to wait from 5 to 8 hours at the port waiting for a container, that's why a lot of drivers are resigning.

    • @DrewCal1982
      @DrewCal1982 2 роки тому +2

      Good luck with rookie drivers. The port is too for them but good to train them at least a year so they understand how it runs.

    • @juanjavier962
      @juanjavier962 2 роки тому +1

      @@DrewCal1982 That's another thing training drivers at the port is hard, and the staff at the port are not very friendly lol

    • @celwilson
      @celwilson 2 роки тому +2

      That will be for another story. Since they are the next link in the supply chain. No need to talk about them yet when massive amounts of cargo is bottlenecked in Port harbors. You're correct it is and will be a huge problem

    • @vladalucardtepes
      @vladalucardtepes 2 роки тому

      That’s a whole shift wasted there

  • @Rushmore222
    @Rushmore222 2 роки тому +371

    You'll still need the wrench guy. The computer guy isn't going to fix a broken prop shaft.

    • @markanderson7071
      @markanderson7071 2 роки тому +42

      Has he tried to turn it off and on again? lol :)

    • @thatdude034
      @thatdude034 2 роки тому +21

      no you don't.. the computer guy will just command the wrenchbot to do it..

    • @redkap5816
      @redkap5816 2 роки тому +32

      @@thatdude034 somebody gotta fix the wrench bot

    • @thatdude034
      @thatdude034 2 роки тому +31

      @@redkap5816 yes, the wrenchbot fixerbot.

    • @redkap5816
      @redkap5816 2 роки тому +22

      @@thatdude034 someone will have to fix the fixerbot and so on

  • @alwaystheheart
    @alwaystheheart 2 роки тому +158

    Stop saying "because of the pandemic" and truthfully say "because of government restrictions" - the sooner humanity takes responsibility for their actions the sooner we can correct it.

    • @firecloud77
      @firecloud77 2 роки тому +18

      EXACTLY. It's because of government overreach, not the "pandemic."

    • @TEXININDUSTRIES
      @TEXININDUSTRIES 2 роки тому +9

      Agree

    • @RebelsInc969
      @RebelsInc969 2 роки тому +8

      It's all by design ✌👍

    • @greenhometony
      @greenhometony 2 роки тому +2

      @@firecloud77 like the tariffs??

    • @TheHouseofSniffers
      @TheHouseofSniffers 2 роки тому +7

      See what covid could do? It could replace a president and stop trade talks.

  • @greghilt8492
    @greghilt8492 2 роки тому +13

    If we manufactured here in the US, then we can help to solve this problem along with others not mentioned here.

  • @FarahAbdul
    @FarahAbdul 2 роки тому +1

    I have been working at the Seattle Tacoma ports for 9 years as a truck driver let me tell something about Seattle ports.
    1. T-5 is closed
    2. T-46 is closed
    3. T-30 is a backup terminal for T-18 only and they don't do anything and the terminal supervisor is an abusive guy.
    4. T-18 opens at 7 am stops 10:00 am for a 30 break and then takes lunch 11:30 am and then they come back 1:15 pm, again another break at 3:00pm until 3:30pm and then they close at 4:15 pm. Now what has SSA done nothing break after break and Long lines inside out.
    5. The constant abuse coming from LongSherman and the terminal operators has driven a lot of drivers to just pull one load out and disappear for days instead of pulling several loads out of the terminals a day. All the drivers had enough of the abuses from SSA. The backlog was created by terminal operators.

  • @jeffpollard7304
    @jeffpollard7304 2 роки тому +6

    Buying all the Chinese products; what happened with the Domestic Industries???? That’s the problem!!!

    • @markrogers8388
      @markrogers8388 2 роки тому +2

      Well where were ya when Donald was telling us this?

    • @sunstatesnipr1k759
      @sunstatesnipr1k759 2 роки тому +1

      @@markrogers8388 lmao exactly

    • @jeffpollard7304
      @jeffpollard7304 2 роки тому +1

      For those who might be interested, I couldn’t give a crap what that idiot Rump, may or may not spout. I live in a country that never had a criminal for a leader!

  • @anthonysmz3
    @anthonysmz3 2 роки тому +6

    All this stems from not owning the means of production. Started back from the 80's outsourcing for lower bottom lines, getting rid of warehousing for JIT for even lower bottom lines. Think of our consumerism as a well oiled high tech production line. Runs great and efficient when everything is smooth, but as soon as there is a problem everything stops. Nothing moves and it's real slow to it get back up and running again.

  • @nicholasrv8834
    @nicholasrv8834 2 роки тому +1

    i ship 20 foot containers from Indonesia to Europe and the USA. in early 2020, a 20' to Marseilles was around 1,000$. today it is 3,500$. In early 2020, a 20' to Long beach was 2500$. today it is 12,500$. Same commodity, same weight, but a ridiculous price increase. Meanwhile Hapag is celebrating their best Q1 in history.

  • @CR-qu5jc
    @CR-qu5jc 2 роки тому +10

    “An American innovation now dominated by international companies”…sounds about right

  • @GamerbyDesign
    @GamerbyDesign 2 роки тому +344

    In the future we will hear about whole autonomous ships being hijacked by hacking.

    • @ADobbin1
      @ADobbin1 2 роки тому +6

      Forget the ships it'll be whole fleets.

    • @SAFbikes
      @SAFbikes 2 роки тому +19

      No.. you will not hear about it. Here we are watching this "informative" video and I hear no mention of CCP mafia buying up all the empty containers to artificially inflate costs... ohh the containers just "fall off" the ships, it's not like your customers goods are being stolen by criminals right under your nose.

    • @momsspaghetti9970
      @momsspaghetti9970 2 роки тому +12

      The chances of someone hacking a amazon cargo ship full of toilet paper is low, but never zero

    • @rauldempaire5330
      @rauldempaire5330 2 роки тому +1

      You got it !!! Right smack in the middle!!!

    • @aerisgainsborough2141
      @aerisgainsborough2141 2 роки тому +1

      wasn't that sort of the theme behind Hackerz movie?

  • @peace8373
    @peace8373 2 роки тому +28

    All we have to do is demand our products be manufacturered locally by local citizens that need jobs.

    • @tomasFL
      @tomasFL 2 роки тому +3

      Be ready to pay more or to degrease dollar value by let’s say 2-4 times to make goods made in America cheap for export

    • @gizzyguzzi
      @gizzyguzzi 2 роки тому +5

      except people even want to work in USA. They'd rather get gov't handouts for doing nothing. So how will that work?

    • @gizzyguzzi
      @gizzyguzzi 2 роки тому +3

      @@tomasFL works for me. But it can't happen when no one wants to work, they are getting money for doing nothing now!

    • @douglascorlett7890
      @douglascorlett7890 2 роки тому +7

      @@gizzyguzzi Gizzy that is just "fake news" crap you have fallen for. Lots of people are not returning to old jobs (hotel, restaurant, bars, and others) because they are being asked to come back at reduced wages and reduced hours. I stand with them (I am retired so get my good union pension cheque no matter what).
      But really here, they have paid their taxes for years and years. Pandemic bull crap not their fault in anyway . Now governments responsibility to cough up some of the unemployment taxes these workers have paid.
      Stop wasting trillions of dollars on weapons of destruction , and feed your citizens : (

    • @bramvanduijn8086
      @bramvanduijn8086 2 роки тому +4

      @@gizzyguzzi If you want people to work, you can increase their wages.

  • @j4nv
    @j4nv 2 роки тому +213

    Excessive pointless consumerism is the real problem.

    • @neeljavia2965
      @neeljavia2965 2 роки тому +2

      Lol

    • @TheGokki
      @TheGokki 2 роки тому +11

      It's not pointless. A lot of people were forced to stay at home for work and school and many of those didn't have the infrastructure to support that, so a lot of people had to buy air conditioning, computers, tablets, webcams, microphones and other things they would sort out at work that now had to be done at home.
      Webcams and graphics cards in particular were wiped out of the supply chain for a few months and many products that are still in high demand continue to be non-existant.

    • @neeljavia2965
      @neeljavia2965 2 роки тому +13

      @@TheGokki Nah.
      We communist hate everything while using the very things😉

    • @konigstiger3252
      @konigstiger3252 2 роки тому +12

      If it is pointless, no one would have bought anything. Value is a relative concept.

    • @PinkJoy143
      @PinkJoy143 2 роки тому

      That’s what I was thinking!

  • @radnukespeoplesminds
    @radnukespeoplesminds 2 роки тому +98

    maybe we should invest in local supply chains to prevent catastrophy.

    • @magicxsquare_
      @magicxsquare_ 2 роки тому +21

      Unfortunately that’s not how modern economics work. Prices would skyrocket due to higher production costs. The world systems are a cheap as they can be through diverse trade. If you want to look how purely investing in local supplies chain works, look at North Korea. It doesn’t work out as well as people hope.

    • @radnukespeoplesminds
      @radnukespeoplesminds 2 роки тому +9

      @@magicxsquare_ it costs more, but would add more stability and resilience to our economy and supply lines.

    • @dannyl5995
      @dannyl5995 2 роки тому +1

      Only if local labor would agree to lower wages.

    • @mohnish7653
      @mohnish7653 2 роки тому +10

      @@radnukespeoplesminds are you willing to pay $5000 for you new iphone ? no right you hippocrite would buy the best deal for your money .people vote with money so people have spoken globlalistion is here to stay

    • @guardianoffire8814
      @guardianoffire8814 2 роки тому +3

      @@magicxsquare_ Local jobs already being automated. So its better to keep the supply chain locally and automated the jobs that would routinely be sent over seas. This at least create engineering and mechanical jobs for the design and maintenance of the machines; security jobs to protect the machines from theft and few other indirect jobs.

  • @xboxgammer8684
    @xboxgammer8684 2 роки тому +6

    This growing population and greed of the large corporations are the true reason of this problem

  • @rmazzella5303
    @rmazzella5303 2 роки тому +7

    We here in the United States of America used to make most of our own products-quite frankly, now might be the time to return to that situation, or else there’ll be more shipping backups like this ongoing one off the California coast.

  • @fescudder
    @fescudder 2 роки тому +4

    You had me right until the very end... the stark reality is that you will NEVER get rid of the guy carrying the wrench over a guy carrying a computer. Anyone that has sailed, served, or worked aboard a vessel knows that. Elements of a ship are becoming increasingly high tech, but a tremendous amount of a vessel is mechanical.

  • @nothandybutcheap2086
    @nothandybutcheap2086 2 роки тому +41

    The supply chain is thinner than you think I’m a truck driver and we hauled TVs to a big box store and in Canada the natives were block the railways and a lot of big wigs were worried about shortages ,very thin

    • @avroarchitect1793
      @avroarchitect1793 2 роки тому +1

      its called just in time shipping, it arrives just in time for you to buy it. There is no such thing as back stock anymore in any big retail store. Any stock in the back is expected to be sold rapidly and is only there because they can't fit it all on the sales floor at once.

  • @fearsomefan1
    @fearsomefan1 2 роки тому +33

    Covid 19 isn't the problem. It's the government's response to it that is the problem.

    • @KNGexp
      @KNGexp 2 роки тому +2

      It is the Chinese Communist Party. We need to go to war now. They are causing chaos while making themselves rich.

    • @RebelsInc969
      @RebelsInc969 2 роки тому +1

      It's all by design, problem reaction solution, they create a problem to get the solution they require
      A covid vaccine=666
      A Corona mask=666
      Second wave=666
      A third wave=666
      It's all by design bro ✌👍
      ua-cam.com/video/tvHfs4NAlLU/v-deo.html

    • @rariehlani1344
      @rariehlani1344 2 роки тому

      Not response, but the direct fault.
      Crazy tax farming in the west made companies escape. When a small bunch of countries produce everything, there will be problems obviously.

  • @ilsalk
    @ilsalk 2 роки тому +3

    I own a trucking company and deal with the port on a daily basis. The issue is not the lack of trucks or drivers. The issue is the fact that the ocean carriers are not willing to take more empty containers back to China.
    If there was a lack of trucks, why is there a line of trucks waiting to get into the port? There should be no lines of trucks waiting if there were no trucks!
    A driver waits all day to take an empty container to the port. The port is not taking empty containers back fast enough.
    The less empty containers there are in China, more money the vessel lines make.
    The lower the supply of empty containers in China, the greater is the demand for containers.
    Now the government will charge $100 per day up to 9 days then increase the fee by $100 per day.
    The government is NOT helping with the situation; they are encouraging the port to slow down so they can make more money with the fees.
    We pay thousands in demurrage fees caused by the port inability to issue appointments for empty containers to be returned which create the lack of chassis to take full containers out the port.
    The solution is to accept empty containers without appointment and stop with the non-sense of dual transactions.
    If there is no space for empty containers, then start stacking the empty containers at the airport property and release chassis to go get loaded containers out the port!

  • @vancepomerening4794
    @vancepomerening4794 2 роки тому +66

    "Upskilling" Hey I just won the business buzz word bingo game I was playing!

    • @WPaKFamily
      @WPaKFamily 2 роки тому +2

      The Evergiven's captain was female btw.

    • @addiyat
      @addiyat 2 роки тому

      It is upscaling.

    • @mg4361
      @mg4361 2 роки тому

      @@WPaKFamily that's a lie

    • @peterrabbitn787
      @peterrabbitn787 2 роки тому

      There are not many people that have a long term job working on a container ship. Normally it's just the captain and the engineers. The rest are only employed for a year or less. So they would definitely loose their job

    • @Lawrence330
      @Lawrence330 2 роки тому

      @@mg4361 And irrelevant!

  • @datianlongan5567
    @datianlongan5567 2 роки тому +11

    The traffic jam is actually a blessing giving birth to a number of sustainability innovations: electrification of cargo ships, fully autonomous ports, localized manufacturing, resource sharing culture/platforms, and AI driven supply chain logistics.

    • @MrLoobu
      @MrLoobu 2 роки тому +2

      Gross

    • @ayoutubechannel921
      @ayoutubechannel921 2 роки тому +4

      All electric container ships would be useless, along of the countless instances of lithium battery fires, and the mining of the lithium for it would be extremely polluting as well and it would require importation

    • @datianlongan5567
      @datianlongan5567 2 роки тому

      @@ayoutubechannel921 Fact: gasoline powered cars are about 11 times more likely to catch fire than an electric one (according to CNN)

    • @davidanderson2844
      @davidanderson2844 2 роки тому +2

      nuclear powered ships is the only current option to decarbonize the sector

  • @shanli766
    @shanli766 2 роки тому +37

    Gives TOTALLY new meaning to got it by "Fell off the back of a truck"

  • @paulkelly4731
    @paulkelly4731 2 роки тому +5

    The lack of Drayage Drivers is due to California cancelling ALL permits to service the Ports, Implementing new "Clean Truck" regulations, and forcing the Operators to reapply for a permit. The Drayage Drivers are paid by the mile, so every delay, at the Ports or Intermodal Yards, reduce their net pay, between the lack of pay due to delays and increased Capex due to new California Regulations, Drayage Drivers are not interested in servicing the Ports..

  • @DanielDaniel-bo3fc
    @DanielDaniel-bo3fc 2 роки тому +12

    Most people miss the entire point: the reason why there is such a supply shortage is that governments of developed countries distributed free money to consumers and since services were shut by government directed lockdowns, consumers started spendig huge amounts of money on imported goods (e.g. electronics, gardening stuff...). Now you got the perfect mess!

    • @tomasFL
      @tomasFL 2 роки тому +2

      Shutdown internet and import will go down like 50%, problem solved

  • @MIKESGREATSTORY
    @MIKESGREATSTORY 2 роки тому +1

    This is because of the terminals, open your eyes , driver and dispatchers are trying there best to get your products to your home, PORTS denying containers ,Ports charging storage on containers still on the ship, shortage of chassis(used to pick up containers) and at the that, slow union workers.

  • @redpillaware5101
    @redpillaware5101 2 роки тому +18

    I grew up in the "Allow 6 to 8 weeks for delivery" era so delivery 'delays' are a relative term.
    What someone would consider 'too long to wait' others would consider "that's not too bad at all"

    • @nigonkouk1770
      @nigonkouk1770 2 роки тому +1

      u talkin bou yur "Penthouse" subscription yo'?

    • @redpillaware5101
      @redpillaware5101 2 роки тому

      @@nigonkouk1770 Physical media is so much better. It doesn't require an internet connection, unlike your onlyfans sub.

    • @tacohero10
      @tacohero10 2 роки тому

      @@redpillaware5101 lmfao. Enjoy your playboy magazines.

    • @redpillaware5101
      @redpillaware5101 2 роки тому

      @@tacohero10 Playboy sucks now days. They went down hill after embracing the feminists. Plus, the internet is full of free pron. I'm surprised you simps actually pay for OF. How's that working out?

    • @nigonkouk1770
      @nigonkouk1770 2 роки тому +1

      @@redpillaware5101 You fell for their trap', you should break out and be free''''''''''' like a real free American ;|)

  • @taiyoctopus2958
    @taiyoctopus2958 2 роки тому +101

    Container ships shouldn't be allowed to just "accidentally" dump containers in the ocean when the sea swells...
    Those things can be a death sentence to sailboats and other vessels navigating oceans who can see a container that just barely pokes above the water as it floats... Or are basically invisible past 10ft range during night time.
    Not to mention the potential pollution.

    • @TheSubHunter1
      @TheSubHunter1 2 роки тому +18

      Problem here is do you eject containers or loose the ship and crew? no master wants to do either but if push comes to shove the containers are ejected first to save the lives of the crew and that's standard no matter what type of ship you sail on.
      I will also point out its actually a pretty rare occurrence to eject containers into the sea, mainly because most container ships don't actually have the means to eject them on their own it takes the forces of nature to do that.
      The containers you see coming in that are twisted and damaged are lashed and retained and its a mark of good seamanship that the ship can be quickly re ballasted to make up for the imbalance and continue to a port.

    • @abhijithmadhav3513
      @abhijithmadhav3513 2 роки тому +1

      They made a movie out of it with Robert Redford… “All is lost”

    • @Van-..-z._-_z.-._-._.-z.
      @Van-..-z._-_z.-._-._.-z. 2 роки тому +9

      @@TheSubHunter1 there is no such thing as ejecting containers.

    • @JamesThatcher
      @JamesThatcher 2 роки тому +5

      @@Van-..-z._-_z.-._-._.-z. Ummmm yes there is... I've had containers ejected because they were in the same stack as a container on fire

    • @iain3713
      @iain3713 2 роки тому +1

      @@JamesThatcher I mean that’s fair

  • @urbanecobeauty
    @urbanecobeauty 2 роки тому +13

    He said what happens when things don’t go according to plan 😂. This is “their” plan. Wake up people.

  • @habi00
    @habi00 2 роки тому +3

    You have to solve this by moving from fifo queues to weighted fair queueing since parts are more important than products, cause it hits the supply chain much more long time than endproducts getting delayed.

  • @mikebacchus5421
    @mikebacchus5421 2 роки тому +19

    How often do ships get stuck Crossway in this canal before pandemic lockdown?? Possible someone is trying to slow down the movement of goods in this region??

    • @grooviefan
      @grooviefan 2 роки тому

      it was a first time for that in the Suez canal.

  • @markdimitry9735
    @markdimitry9735 2 роки тому +82

    The intro says the Evergiven was the “canary in the coal mine.” That saying doesn’t really make sense in this context.
    A better idiom might be “the straw that broke the camels back.”

    • @joeb134
      @joeb134 2 роки тому +24

      It's the canary in the coal mine as it sounded a large alarm on how fragile our trade system is. A small problem caused major disruption in trade world wide.

    • @cable30
      @cable30 2 роки тому

      And she said, that winds may have pushed the ship to cause it to go sideways and get lodged any. so that really made alot stop till it was able to move any. but now that ship still there last i read to pay up for causing them to have to unhook it so to speak.

    • @danl.4743
      @danl.4743 2 роки тому +1

      The camel's back was broken a long time before the Evergreen. It started when Covid started.

    • @chadh8447
      @chadh8447 2 роки тому +2

      Journalism doesnt take a brain anymore. As long as you blindly follow the commie PC no free speech and no free thought agenda, you have a job

    • @KrikZ32
      @KrikZ32 2 роки тому +1

      it was a warning of things to come if nothing is done. When the canary dies in the coal mine, the workers will too if nothing is done.

  • @eastmanwebb5477
    @eastmanwebb5477 2 роки тому +21

    I have just 2 words regarding autonomous cargo ships with no humans onboard: pirates exist.

    • @NoJusticeNoPeace
      @NoJusticeNoPeace 2 роки тому +8

      I have just two words for dealing with pirates: autonomous turrets.

    • @eugrus
      @eugrus 2 роки тому +2

      You need submachine gunners and not just humans onboard to remedy that. And it's often cheaper to live on with some ongoing damages from piracy than to guard every ship.

    • @TouringWolf42
      @TouringWolf42 2 роки тому

      @@eugrus Not to mention that Piracy would increase if security isn't on board. But you can easily handle this if literal battle robots are ever invented. Highly doubt a group of armed civilians would raid a cargo ship filled with dozens of robots that don't miss a single shot.

    • @bramvanduijn8086
      @bramvanduijn8086 2 роки тому +2

      @@TouringWolf42 Most modern pirates don't actually want the cargo, they have no way to unload the ship and a lot of the cargo is not easy to sell. They mostly do it to get hostages. I hear there are a few that do piracy as a sort-of volunteer coastguard to prevent illegal dumping of nuclear waste, I wonder how much of that actually happens.

    • @NoJusticeNoPeace
      @NoJusticeNoPeace 2 роки тому

      @@bramvanduijn8086 The pirate industry as it exists today was the result of big corporations taking advantage of the collapse of a central government in Somalia to dump toxic waste in their water. When this killed all the fish, the Somali fishermen got some cheap guns -- the one thing in plentiful supply in war-ravaged Somalia -- and hoisted the black flag. I really don't blame them.

  • @sethb775
    @sethb775 2 роки тому +4

    I’m going to do my part to help with the shortage issues.. I’m going to stop buying stuff ….😂

  • @DRNewcomb
    @DRNewcomb 2 роки тому +26

    A problem that could be solved by increased domestic production.

    • @MihirParmar74
      @MihirParmar74 2 роки тому +10

      That's very ignorant tbh. No country can produce everything that they need. Increasing domestic production for things what other countries are better at producing actually hurts both parties involved.

    • @Sanyu-Tumusiime
      @Sanyu-Tumusiime 2 роки тому +1

      @@MihirParmar74 I’m sure India Can

    • @scottprewitt4712
      @scottprewitt4712 2 роки тому +3

      This is an outrageous oversimplification, friend. Domestic production is great, but the US simply lacks the sheer availability of low wage labor to manufacture everything we need. Like it or not, we live in a globalized system and there's no magic switch to undo it.

    • @DRNewcomb
      @DRNewcomb 2 роки тому +3

      @@scottprewitt4712 Robots' wages are the same in every country.

    • @nanomag8592
      @nanomag8592 2 роки тому

      Nah. It’s a lot more complicated than that. For example, lots of ppl lost job because of increased productivity

  • @TheYeti37
    @TheYeti37 2 роки тому +9

    I work for DHL & we’re months behind

    • @stanpatterson5033
      @stanpatterson5033 2 роки тому

      We know. Been meaning to speak to you about that, too...

  • @allnewcarshowroom5355
    @allnewcarshowroom5355 2 роки тому +2

    My daily dose of INFORMATION video is here
    well done 👍👍👍

  • @TheDreadedAssassin
    @TheDreadedAssassin Рік тому

    Alternate short title:
    Did you watch the movie of a character known for 4th wall breaks with references delivered so slow, you could leave to the go the bathroom and still catch it on the way back. 😂

  • @RS-ft7nv
    @RS-ft7nv 2 роки тому +20

    We are crazy busy, containers keep arriving at the rails since September like never before, but pay still same.

    • @MarkWTK
      @MarkWTK 2 роки тому +3

      when do you think it will end? by end I mean normalised.
      edit: it's because im seeing freight rates spiked through the roof

    • @RS-ft7nv
      @RS-ft7nv 2 роки тому +6

      @@MarkWTK rates spiked but they still pay us the same, not sure when it will end but I’m definitely tired 😄

    • @fred5149
      @fred5149 2 роки тому

      @@RS-ft7nv how the pay and will they hire?

    • @curmudgeon1933
      @curmudgeon1933 2 роки тому +2

      @@RS-ft7nv . Naturally. Exec compensation, shareholder dividends and corporate profits are out of control, while average wages have flatlined, or dropped. Massive transfer of wealth, from the majority, to a smaller and smaller oligarchy. Even worse than after the 2008 crash.

    • @RS-ft7nv
      @RS-ft7nv 2 роки тому

      @@fred5149 they will hire anyone these days, pay is $190 to $220 depends, for a local run that takes 3 to 5 hours, if you own your own semi. Hourly company drivers make $21 in Michigan

  • @brittthomas5946
    @brittthomas5946 2 роки тому +35

    How can they be "zero emissions" when getting lithium out of the ground is so dirty and these batteries are incredibly difficult to recycle?

    • @arun3151997
      @arun3151997 2 роки тому +3

      Can you point to a source that says lithium is incredibly difficult to recycle? A paper of some sort maybe

    • @beback_
      @beback_ 2 роки тому +4

      They didn't say completely clean. Just no carbon emissions.

    • @paulo7200
      @paulo7200 2 роки тому +3

      The degree to which the incompetent con-man Elon Musk has monopolized debate around energy is depressing.

    • @jermainerace4156
      @jermainerace4156 2 роки тому +2

      @@arun3151997 It's basically a chemical process, and requires a ton of energy in itself, plus there's always losses in chemical processes, plus damaged batteries aren't always recycleablke at all, so a solid 50% of electric car battery material cannot be economically recovered....
      Who really asks for a paper reference on youtube? You've got Google, look it up.

    • @curtisgrindahl446
      @curtisgrindahl446 2 роки тому +4

      @Bob Watters Are you happy with your landline telephone? And how about that bicycle you're riding? I imagine your posting from a computer at your local library because clearly you wouldn't own one since they are so difficult to recycle, right? Absolutely, we have problems but I doubt you or anyone else will give up things in your life that aren't being cheaply recycled. Pogo said he met the enemy and it us... that includes you.

  • @ScareFestTTV
    @ScareFestTTV 2 роки тому +1

    Love these videos!

  • @brendan594
    @brendan594 2 роки тому +1

    Proof we’re far too dependent on foreign manufacturing. We need to start getting and even making more things in America

  • @Starry_Night_Sky7455
    @Starry_Night_Sky7455 2 роки тому +127

    All that outsourced stuff eventually ends up in a landfill at the destination. It really is overwhelming. Too much stuff! Despite that, you have to be amazed at container ports! Those are big containers that afar look like legos or tiny blocks stacked together.

    • @JodiFCobb
      @JodiFCobb 2 роки тому +4

      There is too much in packing the products.

    • @Carnageloser7
      @Carnageloser7 2 роки тому +2

      3d printers will be the solution to this.

    • @henrychoy2764
      @henrychoy2764 2 роки тому +2

      gOOd pOint y nOt ship strait 2 the dump and if u want anyting gO fishing

    • @jorisessen8410
      @jorisessen8410 2 роки тому +5

      @@henrychoy2764 ur typing gives me physical pain

    • @actualizacionmanual7839
      @actualizacionmanual7839 2 роки тому +1

      Comprar tirar comprar

  • @drboze6781
    @drboze6781 2 роки тому +26

    A lot of those shipping containers make a one-way trip, too. There's nothing to put in them for a return trip, so you can buy a brand new one for scrap prices.

    • @alexmendez3217
      @alexmendez3217 2 роки тому

      Im on it. Thank you

    • @trickytrixie5805
      @trickytrixie5805 2 роки тому

      Yes price of the container is figured into costs

    • @grooviefan
      @grooviefan 2 роки тому

      DR Boze. containers prices are at an alltime high. over 7K for a 40 foot on the east coast. prices are now double on the west coast in 2 short years.

  • @pennsylvaniatoast
    @pennsylvaniatoast 2 роки тому +23

    Hear me out what if we didn't export all of the manufacturing.

    • @peter.g6
      @peter.g6 2 роки тому +9

      You'd have more jobs and wouldn't have worry about what Chinese government decides to do, but the MBA's would have less money for coke, cause they would have to pay people for actual work, not just make billions by selling stuff made overseas for pennies and pay big bucks to pro athletes to sell it. Then again, maybe you should have not been buying those products.

    • @prolarka
      @prolarka 2 роки тому +4

      Then your iphones would have been more expensive.

    • @peter.g6
      @peter.g6 2 роки тому +3

      @@prolarka Would it though? Labor is a fraction of the manufacturing cost, which is a fraction of the retail price. They are IMHO selling it for the max price that people are willing to buy for, not for a "fair" price based on production cost. Their profits are insane, they could very well produce it locally based on price only.

    • @chengong388
      @chengong388 2 роки тому +1

      Then everything would be more expensive, with less products to choose from.

    • @chengong388
      @chengong388 2 роки тому +3

      @@peter.g6 it’s not just labour cost, and even that depends on the product. Things are outsource not because companies are stupid, it’s because if they don’t do it their price wouldn’t be competitive.

  • @SM77785
    @SM77785 2 роки тому +5

    "We are all connected..." Well, maybe it is time to disconnect.

  • @dondaddah9141
    @dondaddah9141 2 роки тому +11

    Electricity IS NOT 0 emission. It only transfers the emissions source

    • @bramvanduijn8086
      @bramvanduijn8086 2 роки тому +2

      True, but Norwegian electricity is mostly hydro and wind power. It doesn't cause anywhere near the pollution that diesel fuel causes.

    • @ninadganore
      @ninadganore 2 роки тому

      No energy is 0 emission. Thats true. Just the fact that fossil fuels are vastly more polluting than electricity.

  • @fredcarr3550
    @fredcarr3550 2 роки тому +18

    Bring back manufacturing to the US and Canada.

    • @ensignmjs7058
      @ensignmjs7058 2 роки тому +2

      To employ U.S. robots?

    • @christopherfarrell9227
      @christopherfarrell9227 2 роки тому

      We don't have the materials even if we stopped caring about the environment.

    • @Cactus732
      @Cactus732 2 роки тому

      That won’t solve the problem, it will only change where the goods originate from.

    • @falconfrank548
      @falconfrank548 2 роки тому

      yes ,Apple first!

    • @aadyasharma2060
      @aadyasharma2060 2 роки тому

      You can’t afford to pay employees

  • @moobiemaykker9639
    @moobiemaykker9639 2 роки тому +4

    I think they should build WW2-style floating docks to help offload the shipping containers. And put large cranes on barges to offload the containers.

  • @taiyoctopus2958
    @taiyoctopus2958 2 роки тому +62

    Sounds like health care...
    More profitable than ever to practice health care...
    Yet our actual mental and physical health as national average is in decline....

    • @nightcruise6650
      @nightcruise6650 2 роки тому

      Totally... People tend to neglect the voice of their body and mind cause they just rely on the health care system and insurance.

  • @Only4hands
    @Only4hands 2 роки тому +7

    The root cause for much of these delays have been people. It's simple, people are required to manufacture, package, load, transport, and unload goods. You can count on fortune 500 companies and private equity firms to slowly integrate robots/co-bots within each of these stages of the supply chain.
    The future of supply chain is software and hardware.

    • @MsEverAfterings
      @MsEverAfterings 2 роки тому

      Until the stevedoring and trucking are done autonomously, these delays are bound to happen.

  • @paintedbird6791
    @paintedbird6791 2 роки тому +5

    The shipping delays are chain reactions of all the bad decisions and unexpected events coming together.
    COVID- Earlier this year Port of Long Beach had 1800 workers out on COVID related sickness, 2700 out because they were scared.
    Shipping industry is like an ocean current. it has it's flow. I counted vessels docked near by harbor = 57
    At the end, this shipping delays has caused ocean freight to skyrocket.
    12-14k for dry container from Asia to USA
    average value of content in the dry containers are 40k to 80k
    previously freight was about $3800
    Inflation anyone!!!

    • @tomasFL
      @tomasFL 2 роки тому

      It make sense to have ships with multi purpose cargos, then prices spikes you can transform fleet from one cargo to another like electricity peak plants

  • @williammerrow
    @williammerrow 2 роки тому

    Just what I would expect from CNBC

  • @stardog2779
    @stardog2779 2 роки тому +2

    Imagine all the new merchandise just sitting at the buttom of the sea rotting

  • @bssw218
    @bssw218 2 роки тому +42

    German Sean Penn makes some really good points @2:58

  • @FreeKanal
    @FreeKanal 2 роки тому +20

    Lets go Brandon !

  • @jamesdennis8385
    @jamesdennis8385 2 роки тому

    Just the good guys stopping deadly toxic nerve gases and nucler wepons

  • @ge2623
    @ge2623 2 роки тому +8

    This was a very good piece. Now can I get back to buying pallets of 55 gallon drums of mayonnaise that Costco has on sale?

  • @michaelmullin3585
    @michaelmullin3585 2 роки тому +25

    More than ever, Americans must begin making their own STUFF again.

    • @Myname-il9vd
      @Myname-il9vd 2 роки тому +2

      I mean it’s not really that easy, we can’t just make our own stuff cause we don’t have the room and the supplies to make everything we need, the world is a lot more connected and all larger countries(I’d assume smaller ones too) rely on others for imports and exports, if America could just make all the stuff it needed then it would’ve done so cause it would be super advantageous to never have to rely on anyone for products, but that’s just not how it works, plus retreating in when times get tough isn’t a good solution anyway

    • @justindipaola2066
      @justindipaola2066 2 роки тому +1

      @@Myname-il9vdat least add American companies prefer MORE profits, so it’s better to move business to countries that have cheap/slave labour 😂

    • @b.colson1084
      @b.colson1084 2 роки тому +2

      @@Myname-il9vd The U.S. can make our own stuff but then no one is willing to pay the actual cost of U.S. workers making U.S based wages actually making the stuff. We're addicted to cheap stuff.

    • @Myname-il9vd
      @Myname-il9vd 2 роки тому

      @𝓥𝓾𝓵𝓬𝓪𝓷𝓲𝔃𝓮𝓭 𝓜𝓲𝓷𝓮𝓻𝓪𝓵 𝓦𝓪𝓽𝓮𝓻 its pretty tragic really its not related to the funny virus in anyway whatsoever its just part of my name from some of my friends who dont speak a lot of english(it was easier for them to say) and the next day covid started

    • @bigjd2k
      @bigjd2k 2 роки тому +2

      @@b.colson1084 It wouldn’t add much to each product, a lot of manufacturing is automated anyway. But it would erode the profits large corporations make using slave labour in the Far East, and they’re greedy for growth. Until this mindset is broken things won’t change.

  • @zapfanzapfan
    @zapfanzapfan 2 роки тому +28

    Don't like shipping? Then stop buying stuff!

    • @Andy-rn2xl
      @Andy-rn2xl 2 роки тому +3

      Until products aren't made to break quickly, your comment is worthless

  • @jw8749
    @jw8749 2 роки тому +9

    We really need to plan ahead and start manufacturing in the U.S. more of the products we truly need and depend on a daily basis, in order to stay one-step ahead of future shortages and logistical disruptions that result from pandemics or other unexpected world events. Stay strong America 💪🏻

    • @geraldb4201
      @geraldb4201 2 роки тому +1

      we used to then came nafta it was the big flushing that sent all of our jobs over seas for cheap labor was cheaper to shut down a factory here and not have to pay health care deal with unions just hire some 3rd world country people to work for pennies a day and ship it back here to sell to us

    • @josuegarduno7154
      @josuegarduno7154 2 роки тому

      Who's gonna work in America for what a Chinese kid does in a month?? 😂

    • @DxBlack
      @DxBlack Рік тому

      ​​ @Josue Garduño To be fair, that's called exploitation...they shouldn't be allowed to do that ANYWHERE, so first step would be to educate people in undeveloped nations not to take that abuse and demand similar wages to US workers. If the companies don't like it, they can go bankrupt on their own tears and complaints.

    • @ericfitzpatrick5319
      @ericfitzpatrick5319 Рік тому

      Exactly, then watch how much cheaper these shipping companies will be willing to ship these containers.

    • @nipungupta6237
      @nipungupta6237 Рік тому

      @@DxBlack they don't need to be paid the same wages as US workers cost of living is much lower third world countries compared to North America and western Europe. As long as they get paid livable wages according to their own countries it can be beneficial for both sides

  • @youxkio
    @youxkio 2 роки тому +1

    Very good! From the talk, we may take the walk.

  • @mrMacGoover
    @mrMacGoover 2 роки тому +11

    Just in time shipping has got to stop because it causes major shortages when things are needed most.
    electric ships are long overdue but ship builders should start with propane engine / electric hybrids first, you don't want to be stuck at sea with defective lithium batteries with no other power source to power the electric propeller motors.

    • @michaelimbesi2314
      @michaelimbesi2314 2 роки тому +1

      Electric ships will probably never happen unless we come up with some completely new battery technology. Ships have to cover long distances. There's nowhere to recharge in the middle of the Pacific Ocean. You would need enormous batteries, since they have to be able to supply full power for about 15 days without recharging. And they'd need to be able to recharge completely in 24-48 hours, since that's about how long it takes to load and unload a container ship. Alternative fuels like LNG (if made from biological sources) and methanol, and eventually nuclear power are the most likely carbon-neutral technologies for shipping in the future.

    • @towerace1238
      @towerace1238 2 роки тому

      we have salt cooled power plants that would run these things easy. people just dont think

    • @CalgarGTX
      @CalgarGTX 2 роки тому

      @@towerace1238 Do we really want nuclear reactors on private ships in an industry that cuts every corner and maintenance it can get away with...

  • @larryhardee1914
    @larryhardee1914 2 роки тому +26

    “90% of the worlds trade moves on water.” Keep it on water by transferring it to barge when it gets here. And you can take it from New Orleans or Baton Rouge to Pittsburgh, Minneapolis, Omaha. And maybe even into the Great Lakes by way of Chicago, or possibly Cleveland.

    • @nanoflower1
      @nanoflower1 2 роки тому

      That doesn't work so well when most of the imports are coming from China.

    • @orangemoonglows2692
      @orangemoonglows2692 2 роки тому

      so, how are these small ports going to get the containers to put on these barges? you write things that might sound good, but they don't make sense for today.

    • @larryhardee1914
      @larryhardee1914 2 роки тому

      New Orleans is a fair size and fairly deep as well. Oil tankers run all the way up to Baton Rouge.

    • @orangemoonglows2692
      @orangemoonglows2692 2 роки тому +1

      @@larryhardee1914 new orleans is not deep enough. the deepest port in the u.s. is los angeles/long beach port complex. period. why don't you at least look stuff up before going on about stuff? the ports in the gulf cannot handle the loads the port of lb/la handle. don't you think this has all been discussed by people who know way more about this than you or i? don't you think people in red states would love to be able to take over from california? that hasn't happened for very good reasons.

    • @grooviefan
      @grooviefan 2 роки тому

      @@orangemoonglows2692 the army core of engineers dredged for 2 year sin LB harbor to make it deep enough for the new container ships now in operation. a new modern containers ship has a deeper draft then a tanker....

  • @brianbrewster6532
    @brianbrewster6532 2 роки тому

    Whenever I think of these errant containers falling overboard at sea, my mind goes back to ADRIFT, a 2018 American survival drama film. So yea, it's a very dangerous situation when these massive 40' x 8' x 8' metal boxes are flopping around in shipping lanes.

  • @OBAskincare
    @OBAskincare 2 роки тому +1

    Autonomous Ships my a** ! we already are in a HUGE Chip Shortage crisis but people still think we can move forward with technology....only way now is to go back, lower our own consumption (Thus lowering trash) and fine new ways of moving forward that doesn't involves so much tech

    • @rattkiller01
      @rattkiller01 2 роки тому

      stop breeding or mother nature will do it 4 you

  • @treering8228
    @treering8228 2 роки тому +19

    When cargo ships go electric, whales might be able to hear themselves think once again

    • @John77Doe
      @John77Doe 2 роки тому +1

      They harvested a whale with a harpoon head dating back to the early 1800’s. Whales are immortal. 🐳🐳🐳🐳🐳🐳🐳🐳

    • @jermainerace4156
      @jermainerace4156 2 роки тому +2

      While they swim in battery acid from sunken ships.

    • @JaredW-te6ho
      @JaredW-te6ho 2 роки тому +1

      @@jermainerace4156 as compared to oil?

    • @curmudgeon1933
      @curmudgeon1933 2 роки тому +1

      @@jermainerace4156 So you don't understand how a modern battery works? OK

    • @bramvanduijn8086
      @bramvanduijn8086 2 роки тому

      The propeller will still create noise, but it will help.

  • @fnusecurity5112
    @fnusecurity5112 2 роки тому +3

    This guy needs to be fired. He acts like he is happy about this. I also thought a Port was run like a Airport. Where incoming ships are not supposed to arrive on a certain date and be out of port on another date. Cause they can only off load so many containers a day or so many spots for off load. Don't make sense if you have 50 ships arrive and you only got spots for 20 of them. Then it takes say 2 days to off load maybe longer. now you got 30 ships stuck waiting for someone to get done.

  • @stanimal8
    @stanimal8 2 роки тому +16

    Saw a whole line of container ships outside of the breakwater or Terminal Island (Los Angeles, San Pedro, Long Beach harbors).

    • @deepserket4390
      @deepserket4390 2 роки тому +1

      @pinned - Crypto Daily Trade SIgnals stop scamming

  • @arnoldfrackenmeyer8157
    @arnoldfrackenmeyer8157 2 роки тому +10

    Something like this would need to be carefully planned and orchestrated.

    • @akimateru7980
      @akimateru7980 2 роки тому +2

      Exactly.

    • @RebelsInc969
      @RebelsInc969 2 роки тому +1

      Years on advance, it's all by design 👍✌

    • @suzh7301
      @suzh7301 2 роки тому +2

      What is the real story about all of this? Why?

    • @arnoldfrackenmeyer8157
      @arnoldfrackenmeyer8157 2 роки тому +1

      @@suzh7301 - The common denominator I see is attacks on the US economy. Everything from corona lock downs to vaccine mandates, fake lumber shortages, shipping interruptions. Even the George Floyd riots burned down businesses that had nothing to do with Floyd. Anything to disrupt the flow of business and weaken the USA.

    • @suzh7301
      @suzh7301 2 роки тому

      @@arnoldfrackenmeyer8157 Well the riots in mpls were in areas that were very run down and in need of tear down and replacement. Blackrock now bought up much of the land from what I’ve heard. They already a year or 2 prior very nearby had a “gas explosion” event at an old run down school. Now a beautiful shiny new building stands to replace it. Remember the bridge event there awhile back. Lots of planned disasters in that area.
      Now this I do think has to do with the economy, but why? Push it to the brink so it collapses again?

  • @ygreq
    @ygreq 2 роки тому +39

    I know usually it the other way around. And it is called oligopoly.

    • @terrycoontz
      @terrycoontz 2 роки тому +3

      Yes sir, and each country should respectively shut them down break them up. It isn’t good for anyone!

    • @Groaznic
      @Groaznic 2 роки тому +7

      Good point, but I think the word is "cartel" for price fixing. They make it sound so nice and endearing for TV: "oww... we just joined hands with the other companies, as we closed our eyes and thought of the best price for our customers, we reached into each other's pants and started rubbing, always thinking about the best price for the customer". Yeah, it's a f-ing cartel you pieces of sh-t you go to jail now. MUIE PSD! XD

    • @sysbofh
      @sysbofh 2 роки тому +7

      Keep COSTS down, not PRICE. There is a difference.

    • @LEO-xo9cz
      @LEO-xo9cz 2 роки тому +1

      @@sysbofh The costs for those making money.

    • @ADobbin1
      @ADobbin1 2 роки тому +1

      It's also called a cartel and in generally considered illegal.

  • @rauldempaire5330
    @rauldempaire5330 2 роки тому +5

    Ships without crewss... Good Luck with that!!!...

  • @hadimaghami6740
    @hadimaghami6740 2 роки тому +75

    People should know that "less is more",
    This kind of consuming ways are not sustainable

  • @KirkHMiller
    @KirkHMiller 2 роки тому +1

    0:44 I know the numbers are just estimates, but 11.1 billions tons of goods into $4 trillion is about $0.18 per pound! Either the estimates are way off or I'm paying an absurd markup when products hit the shelves!

  • @Lordkeon
    @Lordkeon 2 роки тому +4

    As someone works with a pilot association this is a fact... N we have one of 2 of the major shipping Hubs in the Caribbean "Jamaica" and "Trinidad and Tobago"

  • @juanfo7307
    @juanfo7307 2 роки тому +6

    Went to walmart last night. They had no refrigerators for sale. Went to buy tires for my truck at the tire shop and they only had 3 of the size. Just in time supply chain. What could go wrong?

    • @nstl440
      @nstl440 2 роки тому +1

      What went wrong is that you don't have a spare set of wheels stored at home ;)

    • @juanfo7307
      @juanfo7307 2 роки тому

      @@nstl440 you can never have enough spares

  • @AA-qk4ou
    @AA-qk4ou 2 роки тому

    I work in the container industry and this did not occur due to the Suez Canal incident or Coronavirus. This occurred because of greed by steamship lines and shippers. They saw the surge that occurred in global demand and overpromised so that they could maximize profits. They were irresponsible in managing their capacity as well as equipment. Now the supply chain is halted and the situation will get worse.

  • @Hathorr1067
    @Hathorr1067 2 роки тому

    'Lets make ships stay in quarantine before making port for 24 days.' 'Lets make regulations that only large trucking companies can access the ports.' Lets have truck drivers sit in quarantine for 14 days before coming into the ports.' 'When trucks get in, instead of loading them right away, lets have them sit for hours on end and cherry pick the ones from large trucking companies to load first.' 'Lets cut the hours the ports can stay open.' 'Lets make it harder for owner operators to enter California.' 'We have ships backed up, but lets tell them they can't go anywhere else to unload.' 'All of these ships are backed up now and we don't know how to fix this!'

  • @daivietnguyen7289
    @daivietnguyen7289 2 роки тому +8

    We, the Americans, are indeed consuming a lot of unnecessary junks that’s including myself. China and together with the rest of the world have to continuing to feed that needs. But until when ???? 🤣🤣🤣

    • @greenhometony
      @greenhometony 2 роки тому +2

      Start choosing what you buy and who you buy it from wisely.

  • @simonfleming886
    @simonfleming886 2 роки тому +11

    A little off topic, but important, monetary wise, none the less. Imagine the cost of all the insurance claims brought about by the Suez canal debacle. And unfortunately, all of us will pay the price of that, by ruthless insurers.

  • @alparslankorkmaz2964
    @alparslankorkmaz2964 2 роки тому +1

    Nice video.

  • @TheHouseofSniffers
    @TheHouseofSniffers 2 роки тому +1

    It looks like there is no shipping problem. Its unloading it to land and transporting it from the port.

    • @grooviefan
      @grooviefan 2 роки тому

      in October there is a serious shortage of railcars to put the containers on....

  • @tomassoyweyvon4902
    @tomassoyweyvon4902 2 роки тому +3

    Thank God i have vehicles with NO CHIPS!!!!!

  • @stephenhousley9024
    @stephenhousley9024 2 роки тому +7

    For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off, And cried when they saw the smoke of her burning, saying, What city is like unto this great city!
    Revelation 18:17-18

  • @SPotter1973
    @SPotter1973 2 роки тому +1

    Zero emissions?? Where does the electricity coming from?

  • @michaelimbesi2314
    @michaelimbesi2314 2 роки тому +1

    Lori Ann LaRocco doesn't seem to understand a lot about ships. In reality, a wave that causes a megaship to lose containers would cause a smaller ship to lose containers as well, or possibly just sink it.

    • @asuch874
      @asuch874 2 роки тому

      Her name is close 2 Robocop but she isn't that smart!!

  • @IReapZz95
    @IReapZz95 2 роки тому +10

    Sounds to me like container companies have created an oligopoly

  • @stonecoldsteveaustin4590
    @stonecoldsteveaustin4590 2 роки тому +17

    HMM just ordered 23 24,000 TEU Environment friendly ships .
    Koreans going to change the shipping industry soon

  • @irineovelasquez1964
    @irineovelasquez1964 2 роки тому +1

    There getting bigger. Companies are responsible for the saftey of the freight and vessels. Even the rolling tower crains that lift the containers off the ship had to be modified over 15 feet in some ports to be able to support these large ships.

  • @soojoe
    @soojoe 2 роки тому

    I remember those march 2021 delays

  • @dondaddah9141
    @dondaddah9141 2 роки тому +13

    They seem to want to boot the actual human element

    • @josephmccoy6574
      @josephmccoy6574 2 роки тому +2

      human labor can be very expensive and undependable. A Machine can work 24 7

    • @angelgjr1999
      @angelgjr1999 2 роки тому +1

      @@josephmccoy6574 If everybody loses their job, then there will be no more consumers. Marx was right.

    • @asuch874
      @asuch874 2 роки тому +1

      maybe since u gotta spend weeks away from yo spouse/house or something and ya dont want her 2 give it away 2 the mailman or something???? lol!!!! Also if they take the crew out completely, open season for pirates wohoooo!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    • @tjwoosta
      @tjwoosta 2 роки тому +1

      @@angelgjr1999 The consumers are still there, the need to labor for a piece of the pie is what fades away. We just need to rethink and restructure the economic system from the ground up to accommodate a world where most of the work is done for us. The capitalist mindset from yesterday is limiting our progress toward tomorrow.

    • @hotties3v3n
      @hotties3v3n 2 роки тому

      @@tjwoosta pffft.

  • @mikedar8484
    @mikedar8484 2 роки тому +4

    'Not enough people to process...', my butt... and Mexico has ports not offloading...
    this is manufactured... if D.C. thought it was a threat to ... D.C. it would be cleared up in a month.

  • @andyrains611
    @andyrains611 2 роки тому +1

    We wouldn't have this problem If it was made in America

  • @oliversparks1459
    @oliversparks1459 2 роки тому

    Excellent

  • @marilynalspachtoth5635
    @marilynalspachtoth5635 2 роки тому +3

    This is all starting to feel like a Mad Max, Escape from LA, The Stand ,and Soldier mashup.

  • @Ericshadowreaper
    @Ericshadowreaper 2 роки тому +4

    0:03 "WE ARE ALL CONNECTED..." -manifest 2021
    she binged too much Netflix xD jk

  • @ballinboii1814
    @ballinboii1814 2 роки тому +1

    I've ordered nitto tires in early March late April and still waiting

  • @frankangermann6460
    @frankangermann6460 2 роки тому +2

    What a wonderful globalized world.....