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

Sdílet
Vložit
  • čas přidán 7. 09. 2024

Komentáře • 1,6K

  • @tomray4139
    @tomray4139 Před 2 lety +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 Před 2 lety +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.

  • @alwaystheheart
    @alwaystheheart Před 2 lety +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.

  • @scrotty11
    @scrotty11 Před 3 lety +280

    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 Před 3 lety +11

      Good for them.

    • @IAmConorr
      @IAmConorr Před 3 lety +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 Před 3 lety +5

      Hurrah capitalism works/sucks

    • @bikesweattearsrebuildvoyag7106
      @bikesweattearsrebuildvoyag7106 Před 3 lety +10

      the shipping oligopoly is just crushing it.

    • @TheFourthWinchester
      @TheFourthWinchester Před 3 lety +18

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

  • @jeffpollard7304
    @jeffpollard7304 Před 2 lety +6

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

    • @markrogers8388
      @markrogers8388 Před 2 lety +2

      Well where were ya when Donald was telling us this?

    • @sunstatesnipr1k759
      @sunstatesnipr1k759 Před 2 lety +1

      @@markrogers8388 lmao exactly

    • @jeffpollard7304
      @jeffpollard7304 Před 2 lety +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!

  • @two_toned_rooster
    @two_toned_rooster Před 3 lety +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 Před 2 lety +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 Před 2 lety +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 Před 2 lety +1

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

    • @joebuck4496
      @joebuck4496 Před 2 lety +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 Před 2 lety +1

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

  • @Rushmore222
    @Rushmore222 Před 3 lety +370

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

    • @markanderson7071
      @markanderson7071 Před 3 lety +41

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

    • @thatdude034
      @thatdude034 Před 3 lety +21

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

    • @redkap5816
      @redkap5816 Před 3 lety +32

      @@thatdude034 somebody gotta fix the wrench bot

    • @thatdude034
      @thatdude034 Před 3 lety +31

      @@redkap5816 yes, the wrenchbot fixerbot.

    • @redkap5816
      @redkap5816 Před 3 lety +22

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

  • @j4nv
    @j4nv Před 3 lety +213

    Excessive pointless consumerism is the real problem.

    • @neeljavia2965
      @neeljavia2965 Před 3 lety +2

      Lol

    • @TheGokki
      @TheGokki Před 3 lety +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 Před 3 lety +13

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

    • @konigstiger3252
      @konigstiger3252 Před 3 lety +12

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

    • @PinkJoy143
      @PinkJoy143 Před 3 lety

      That’s what I was thinking!

  • @GamerbyDesign
    @GamerbyDesign Před 3 lety +344

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

    • @ADobbin1
      @ADobbin1 Před 3 lety +6

      Forget the ships it'll be whole fleets.

    • @SAFbikes
      @SAFbikes Před 3 lety +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 Před 3 lety +12

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

    • @rauldempaire5330
      @rauldempaire5330 Před 3 lety +1

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

    • @aerisgainsborough2141
      @aerisgainsborough2141 Před 3 lety +1

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

  • @juanjavier962
    @juanjavier962 Před 2 lety +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 Před 2 lety +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 Před 2 lety +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 Před 2 lety +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 Před 2 lety

      That’s a whole shift wasted there

  • @fearsomefan1
    @fearsomefan1 Před 2 lety +33

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

    • @KNGexp
      @KNGexp Před 2 lety +2

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

    • @RebelsInc969
      @RebelsInc969 Před 2 lety +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 ✌👍
      czcams.com/video/tvHfs4NAlLU/video.html

    • @rariehlani1344
      @rariehlani1344 Před 2 lety

      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.

  • @greghilt8492
    @greghilt8492 Před 3 lety +12

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

  • @CR-qu5jc
    @CR-qu5jc Před 2 lety +10

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

  • @peace8373
    @peace8373 Před 3 lety +28

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

    • @tomasFL
      @tomasFL Před 3 lety +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 Před 3 lety +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 Před 3 lety +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 Před 3 lety +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 Před 3 lety +4

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

  • @FarahAbdul
    @FarahAbdul Před 3 lety +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.

  • @radnukespeoplesminds
    @radnukespeoplesminds Před 3 lety +97

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

    • @magicxsquare_
      @magicxsquare_ Před 3 lety +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 Před 3 lety +9

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

    • @mohnish7653
      @mohnish7653 Před 3 lety +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 Před 3 lety +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.

    • @dimitarspasov4134
      @dimitarspasov4134 Před 3 lety

      In that way milions would lose their jobs,and the developing world will suffer,thats the better way,we are buliding the poor counties wealth, if there is no jobs ,wars will begin and refugees will flee,look at china they are the main exporters of everything and if u see their GDP all this trade helped them to build their wealth

  • @xboxgammer8684
    @xboxgammer8684 Před 3 lety +6

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

  • @ilsalk
    @ilsalk Před 2 lety +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!

  • @nicholasrv8834
    @nicholasrv8834 Před 3 lety +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.

  • @anthonysmz3
    @anthonysmz3 Před 3 lety +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.

  • @fescudder
    @fescudder Před 3 lety +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.

  • @datianlongan5567
    @datianlongan5567 Před 3 lety +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 Před 3 lety +2

      Gross

    • @ayoutubechannel921
      @ayoutubechannel921 Před 3 lety +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 Před 3 lety

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

    • @davidanderson2844
      @davidanderson2844 Před 3 lety +2

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

  • @urbanecobeauty
    @urbanecobeauty Před 2 lety +13

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

  • @paulkelly4731
    @paulkelly4731 Před 2 lety +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..

  • @dondaddah9141
    @dondaddah9141 Před 3 lety +11

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

    • @bramvanduijn8086
      @bramvanduijn8086 Před 3 lety +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 Před 3 lety

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

  • @vancepomerening4794
    @vancepomerening4794 Před 3 lety +66

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

    • @WPaKFamily
      @WPaKFamily Před 3 lety +2

      The Evergiven's captain was female btw.

    • @addiyat
      @addiyat Před 3 lety

      It is upscaling.

    • @mg4361
      @mg4361 Před 3 lety

      @@WPaKFamily that's a lie

    • @peterrabbitn787
      @peterrabbitn787 Před 3 lety

      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 Před 3 lety

      @@mg4361 And irrelevant!

  • @DanielDaniel-bo3fc
    @DanielDaniel-bo3fc Před 3 lety +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 Před 3 lety +2

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

  • @shanli766
    @shanli766 Před 3 lety +37

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

  • @taiyoctopus2958
    @taiyoctopus2958 Před 3 lety +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 Před 3 lety +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 Před 3 lety +1

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

    • @Van-..-z._-_z.-._-._.-z.
      @Van-..-z._-_z.-._-._.-z. Před 3 lety +9

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

    • @JamesThatcher
      @JamesThatcher Před 3 lety +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 Před 3 lety +1

      @@JamesThatcher I mean that’s fair

  • @nothandybutcheap2086
    @nothandybutcheap2086 Před 3 lety +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 Před 3 lety +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.

  • @brendan594
    @brendan594 Před 2 lety +1

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

  • @redpillaware5101
    @redpillaware5101 Před 3 lety +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 Před 3 lety +1

      u talkin bou yur "Penthouse" subscription yo'?

    • @redpillaware5101
      @redpillaware5101 Před 3 lety

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

    • @tacohero10
      @tacohero10 Před 3 lety

      @@redpillaware5101 lmfao. Enjoy your playboy magazines.

    • @redpillaware5101
      @redpillaware5101 Před 3 lety

      @@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 Před 3 lety +1

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

  • @rmazzella5303
    @rmazzella5303 Před 2 lety +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.

  • @sethb775
    @sethb775 Před 3 lety +4

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

  • @markdimitry9735
    @markdimitry9735 Před 3 lety +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 Před 3 lety +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 Před 3 lety

      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 Před 3 lety +1

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

    • @chadh8447
      @chadh8447 Před 3 lety +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 Před 3 lety +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.

  • @DRNewcomb
    @DRNewcomb Před 3 lety +26

    A problem that could be solved by increased domestic production.

    • @MihirParmar74
      @MihirParmar74 Před 3 lety +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 Před 3 lety +1

      @@MihirParmar74 I’m sure India Can

    • @scottprewitt4712
      @scottprewitt4712 Před 3 lety +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 Před 3 lety +3

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

    • @nanomag8592
      @nanomag8592 Před 3 lety

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

  • @mikebacchus5421
    @mikebacchus5421 Před 3 lety +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 Před 2 lety

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

  • @fredcarr3550
    @fredcarr3550 Před 3 lety +18

    Bring back manufacturing to the US and Canada.

  • @mcconn746
    @mcconn746 Před 2 lety +1

    Labor shortages is only part of the problem. According to a truck driver cousin, a big part of the problem is that the port has blocked many non-union truck drivers from picking up freight. They used to pick up nearly half of the freight. The problem is that the Democrat party is beholden to unions.

  • @pennsylvaniatoast
    @pennsylvaniatoast Před 3 lety +23

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

    • @peter.g6
      @peter.g6 Před 3 lety +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 Před 3 lety +4

      Then your iphones would have been more expensive.

    • @peter.g6
      @peter.g6 Před 3 lety +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 Před 3 lety +1

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

    • @chengong388
      @chengong388 Před 3 lety +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.

  • @TheDreadedAssassin
    @TheDreadedAssassin Před rokem

    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. 😂

  • @brittthomas5946
    @brittthomas5946 Před 3 lety +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 Před 3 lety +3

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

    • @beback_
      @beback_ Před 3 lety +4

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

    • @paulo7200
      @paulo7200 Před 3 lety +3

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

    • @jermainerace4156
      @jermainerace4156 Před 3 lety +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 Před 3 lety +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.

  • @MIKESGREATSTORY
    @MIKESGREATSTORY Před 2 lety +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.

  • @Only4hands
    @Only4hands Před 3 lety +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 Před 3 lety

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

  • @TheYeti37
    @TheYeti37 Před 3 lety +8

    I work for DHL & we’re months behind

  • @eastmanwebb5477
    @eastmanwebb5477 Před 3 lety +21

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

    • @NoJusticeNoPeace
      @NoJusticeNoPeace Před 3 lety +8

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

    • @eugrus
      @eugrus Před 3 lety +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 Před 3 lety

      @@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 Před 3 lety +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 Před 3 lety

      @@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.

  • @hadimaghami6740
    @hadimaghami6740 Před 3 lety +75

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

  • @SM77785
    @SM77785 Před 3 lety +5

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

  • @Starry_Night_Sky7455
    @Starry_Night_Sky7455 Před 3 lety +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 Před 3 lety +4

      There is too much in packing the products.

    • @Carnageloser7
      @Carnageloser7 Před 3 lety +2

      3d printers will be the solution to this.

    • @henrychoy2764
      @henrychoy2764 Před 3 lety +2

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

    • @jorisessen8410
      @jorisessen8410 Před 3 lety +5

      @@henrychoy2764 ur typing gives me physical pain

    • @actualizacionmanual7839
      @actualizacionmanual7839 Před 3 lety +1

      Comprar tirar comprar

  • @taiyoctopus2958
    @taiyoctopus2958 Před 3 lety +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 Před 3 lety

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

  • @jamesdennis8385
    @jamesdennis8385 Před 3 lety

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

  • @daivietnguyen7289
    @daivietnguyen7289 Před 2 lety +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 Před 2 lety +2

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

  • @FreeKanal
    @FreeKanal Před 2 lety +20

    Lets go Brandon !

  • @arnoldfrackenmeyer8157
    @arnoldfrackenmeyer8157 Před 2 lety +10

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

    • @akimateru7980
      @akimateru7980 Před 2 lety +2

      Exactly.

    • @RebelsInc969
      @RebelsInc969 Před 2 lety +1

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

    • @suzh7301
      @suzh7301 Před 2 lety +2

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

    • @arnoldfrackenmeyer8157
      @arnoldfrackenmeyer8157 Před 2 lety +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 Před 2 lety

      @@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?

  • @OBAskincare
    @OBAskincare Před 3 lety +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 Před 2 lety

      stop breeding or mother nature will do it 4 you

  • @zapfanzapfan
    @zapfanzapfan Před 3 lety +28

    Don't like shipping? Then stop buying stuff!

    • @Andy-rn2xl
      @Andy-rn2xl Před 3 lety +3

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

  • @michaelimbesi2314
    @michaelimbesi2314 Před 3 lety +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 Před 3 lety

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

  • @drboze6781
    @drboze6781 Před 3 lety +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 Před 3 lety

      Im on it. Thank you

    • @trickytrixie5805
      @trickytrixie5805 Před 3 lety

      Yes price of the container is figured into costs

    • @grooviefan
      @grooviefan Před 2 lety

      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.

  • @stardog2779
    @stardog2779 Před 2 lety +2

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

  • @michaelmullin3585
    @michaelmullin3585 Před 3 lety +25

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

    • @Myname-il9vd
      @Myname-il9vd Před 3 lety +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 Před 3 lety +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 Před 3 lety +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 Před 3 lety

      @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 Před 3 lety +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.

  • @TheHouseofChameleons
    @TheHouseofChameleons Před 2 lety +1

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

    • @grooviefan
      @grooviefan Před 2 lety

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

  • @moobiemaykker9639
    @moobiemaykker9639 Před 2 lety +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.

  • @Hathorr1067
    @Hathorr1067 Před 2 lety

    '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!'

  • @stephenhousley9024
    @stephenhousley9024 Před 2 lety +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

  • @jw8749
    @jw8749 Před 3 lety +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 Před 2 lety +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 Před 2 lety

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

    • @DxBlack
      @DxBlack Před 2 lety

      ​​ @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 Před rokem

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

    • @nipungupta6237
      @nipungupta6237 Před rokem

      @@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

  • @ge2623
    @ge2623 Před 3 lety +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?

  • @fnusecurity5112
    @fnusecurity5112 Před 2 lety +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.

  • @rauldempaire5330
    @rauldempaire5330 Před 3 lety +5

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

  • @mrMacGoover
    @mrMacGoover Před 3 lety +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 Před 3 lety +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 Před 3 lety

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

    • @CalgarGTX
      @CalgarGTX Před 3 lety

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

  • @RS-ft7nv
    @RS-ft7nv Před 3 lety +20

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

    • @MarkWTK
      @MarkWTK Před 3 lety +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 Před 3 lety +6

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

    • @fred5149
      @fred5149 Před 3 lety

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

    • @curmudgeon1933
      @curmudgeon1933 Před 3 lety +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 Před 3 lety

      @@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

  • @andyrains611
    @andyrains611 Před 2 lety +1

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

  • @habi00
    @habi00 Před 2 lety +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.

  • @paintedbird6791
    @paintedbird6791 Před 3 lety +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 Před 3 lety

      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

  • @IReapZz95
    @IReapZz95 Před 3 lety +10

    Sounds to me like container companies have created an oligopoly

  • @PinkJoy143
    @PinkJoy143 Před 3 lety +2

    Bring American factories back. Provide decent wages and benefits. Only use shipping when absolutely necessary. And cut back!

    • @tomasFL
      @tomasFL Před 3 lety

      The only way for this is to skyrocket import taxes, are you ready for this? Since we depend on global supply it will anyway inflate prices even if you start producing things here, importing raw materials will also will go high cause other economies won’t be waiting is to build factories and will respond with export taxes, so basically it’s not that easy solution

    • @PinkJoy143
      @PinkJoy143 Před 3 lety

      @@tomasFL Dang, point taken…

  • @treering8228
    @treering8228 Před 3 lety +19

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

    • @John77Doe
      @John77Doe Před 3 lety +1

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

    • @jermainerace4156
      @jermainerace4156 Před 3 lety +2

      While they swim in battery acid from sunken ships.

    • @JaredW-te6ho
      @JaredW-te6ho Před 3 lety +1

      @@jermainerace4156 as compared to oil?

    • @curmudgeon1933
      @curmudgeon1933 Před 3 lety +1

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

    • @bramvanduijn8086
      @bramvanduijn8086 Před 3 lety

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

  • @cees2315
    @cees2315 Před 3 lety +5

    Have you seen a Tesla burning for 24 hours? This ship has 7,000 of those batteries. And they name it Zero Emission? It will turn in MEGA EMISSION.

    • @jimScienceNerd
      @jimScienceNerd Před 3 lety

      Just saw a news report where firefighters said it would just be better to let the car battery burn itself out. And yes it will take a long... time. Why is everything so complicated?

    • @shanew7361
      @shanew7361 Před 3 lety

      @@jimScienceNerd Because people are brainwashed in school and taught not to question reality if so you're a racist etc. Pretty pathetic.

    • @raypitts4880
      @raypitts4880 Před 3 lety

      word is take longer to get there
      less to put out and still get paid.

  • @mikedar8484
    @mikedar8484 Před 2 lety +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.

  • @larryhardee1914
    @larryhardee1914 Před 3 lety +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 Před 3 lety

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

    • @orangemoonglows2692
      @orangemoonglows2692 Před 2 lety

      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 Před 2 lety

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

    • @orangemoonglows2692
      @orangemoonglows2692 Před 2 lety +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 Před 2 lety

      @@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....

  • @ygreq
    @ygreq Před 3 lety +39

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

    • @terrycoontz
      @terrycoontz Před 3 lety +3

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

    • @Groaznic
      @Groaznic Před 3 lety +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 Před 3 lety +7

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

    • @LEO-xo9cz
      @LEO-xo9cz Před 3 lety +1

      @@sysbofh The costs for those making money.

    • @ADobbin1
      @ADobbin1 Před 3 lety +1

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

  • @williammerrow
    @williammerrow Před 2 lety

    Just what I would expect from CNBC

  • @stonecoldsteveaustin4590
    @stonecoldsteveaustin4590 Před 3 lety +17

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

  • @AA-qk4ou
    @AA-qk4ou Před 2 lety

    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.

  • @tomassoyweyvon4902
    @tomassoyweyvon4902 Před 3 lety +3

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

  • @bssw218
    @bssw218 Před 3 lety +42

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

  • @danieldavid3160
    @danieldavid3160 Před 3 lety +5

    I´m somewhat unsure but, I feel this `traffic-jam´ of ship containers was planned and, well in advance!

    • @sidehop
      @sidehop Před 3 lety

      Well, part of it could be...creating demand is a norm in any business.

    • @danieldavid3160
      @danieldavid3160 Před 3 lety

      @@sidehop Hmm! That sounds a little too `simple and convinient´. What appears to be happening, with the huge delays with containers across the globe, is planned for a very nasty purpose!

    • @sidehop
      @sidehop Před 3 lety +1

      @@danieldavid3160 They are smart people after all...how much they can take advantage of the situation ahead of time and forecast such an event would also make sense.

    • @danieldavid3160
      @danieldavid3160 Před 3 lety

      @@sidehop "Yes we can!"

  • @KirkHMiller
    @KirkHMiller Před 2 lety +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!

  • @juanfo7307
    @juanfo7307 Před 3 lety +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 Před 3 lety +1

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

    • @juanfo7307
      @juanfo7307 Před 3 lety

      @@nstl440 you can never have enough spares

  • @victoriancu7358
    @victoriancu7358 Před 3 lety +1

    maybe we just need to stop buying pointless crap

    • @tomasFL
      @tomasFL Před 3 lety

      We are just too wealthy to be said, poor people don’t spend money on crap, and I mean whole population is rich like never before in terms of having access for cheep things we never had before due to production improvements

  • @dondaddah9141
    @dondaddah9141 Před 3 lety +13

    They seem to want to boot the actual human element

    • @josephmccoy6574
      @josephmccoy6574 Před 3 lety +2

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

    • @angelgjr1999
      @angelgjr1999 Před 3 lety +1

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

    • @asuch874
      @asuch874 Před 3 lety +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 Před 3 lety +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 Před 3 lety

      @@tjwoosta pffft.

  • @aboveduality1300
    @aboveduality1300 Před 2 lety +2

    When "they know and tell you" before it happens, it means they are neck deep in it, and they are telling you the farthest thing from the truth. This is engineered.

  • @marilynalspachtoth5635
    @marilynalspachtoth5635 Před 2 lety +3

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

  • @danielwilliams6956
    @danielwilliams6956 Před 3 lety +2

    I hate purchasing anything made in China. Sometimes I do without the item, however minor. Don't you feel the same?

  • @stanimal8
    @stanimal8 Před 3 lety +16

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

    • @deepserket4390
      @deepserket4390 Před 3 lety +1

      @pinned - Crypto Daily Trade SIgnals stop scamming

  • @raymondholley8646
    @raymondholley8646 Před 2 lety +1

    Yeah and when the ship School electrical what's shipping cost quadruple and it'll be on the back of the consumer if it ever happens which I doubt amount of batteries it would take to move a ship that size for that distance it would take up the whole ship capacity in batteries

  • @simonfleming886
    @simonfleming886 Před 3 lety +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.

  • @allnewcarshowroom5355
    @allnewcarshowroom5355 Před 3 lety +2

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

  • @masonfarnsworth6730
    @masonfarnsworth6730 Před 3 lety +19

    "Alright boys we had afew weeks off. Now let's cash in that overtime baby!!!" Said no one ever.

  • @frankangermann6460
    @frankangermann6460 Před 3 lety +2

    What a wonderful globalized world.....

  • @TeamKaosNZ
    @TeamKaosNZ Před 3 lety +6

    Well we all know what happens when a battery hits sea water, Wonder what the 'enviromental impact' will be when one of these electric Ships sinks?

    • @TrapperBV
      @TrapperBV Před 3 lety +1

      No worse than if a diesel one sinks…

  • @chevychase3103
    @chevychase3103 Před 2 lety +1

    This lady's never been on a container ship!