Decoding The Supply Chain Crisis And The Everything Shortage | Decoded
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- čas přidán 30. 11. 2021
- There are nearly 100 ships waiting to dock at the Port of Los Angeles and the Port of Long Beach. Almost half a million containers are stuck on them, delaying the delivery of goods across the US.
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Decoding The Supply Chain Crisis And The Everything Shortage | Decoded
The lockdown changed everything. People’s priorities changed when they were forced to live differently. Mostly people figured out how poorly they’re treated as workers in this country. Rich CEOs getting wealthier every year while crapping on the employees. This has been accepted because people thought they couldn’t make it, but now with a different perspective it’s the employers that must change because they can’t make it
I can't fully blame the pandemic for it the system is way out dated and we need to get updated equitment
99⁹⁹⁹9
Do your damn job peasants
Way to go America. Keep those employees down, You are nothing without them. Pay a living wage and good benefits like they deserve.
Companies can't pay a "living wage " to every employee.
Some jobs are "entry level" that used to be for young people looking for their first job, or for low skill people.
Now if the job is a skilled position and the applicant has the skills and experience and shows that they'd be an asset to the company then yes a living wage is fair.
A "living wage" is ludicrous for a job at the golden arches manning the fry basket, or the shelf stocker at a big box store.
At this rate they will push cost to the consumer and will need to start tipping workers.....
@@jason9035 no companies can't unless the executives stop taking home millions a year, literally laid off airline workers despite still making millions... minimum wage doesn't allow people to live and whether it's a entry level job or not ppl should be pajd enough to live. they aren't bc ppl at the top are greedy they "need" 3 houses and 10 cars and that vacation on the Mediterranean. No one needs millions a year but a thousand more a month would change a lot of people's lives. How can anyone judge someone who doesn't advance past a stocker or fastfood worker- there's some reason why and that doesn't mean they should be penalized for the circumstances they faced. House payments or rent should be a 1/3 of the income that's impossible with minimum wage and whenever it's raised the cost of living raises so that way the ones at the top don't give up anything and in return those at the bottom gain nothing. If you work 40 hrs a week you shouldn't worry about whether you aren't gonna pay the electric bill or eat for the next week point blank end of story because without those stockers and "entry level" workers basic business would fall apart
@@alexrusso6503 Your are correct. And those who do take in millions, or more, seem zero concerned about building for the respective facets of service industry. Plus the jobs can be absolutely stressful. There is not enough room for everyone to constantly climb the ladder of society nor do all want to put up with the political, social structure, the ignorance within, to constantly “move up.” Also not moving towards an evolved system, constantly believing “this one works” is destructive. There are methods to simplify. We have the capability. But we are stuck in ways. Like choosing to be a three year old your entire life.
@@jason9035 those "entry level jobs" you speak of are only completely filled out when there is an excess of workers. Nobody wants to work a job that doesn't pay a living wage, they only work for that much when there are no other jobs available. So if companies want those jobs filled they have to pay more for them in a labor shortage
This is hilarious....blaming the people instead of the politicians....
I think the video blames the economic environment. And like all crisis, everyone played a role. But the culprit is Covid-19
The politicians own the media, they will never blame themselves.
What politicians made rules to slow down how they unload container ships?
@@andyjohnson3790 Some of the items on the ship have goods that are banned by the US. My guess is that there has to be a négociation going in to accept the goods ,thus slowing down unloading.
@@monmalin oh so "Your guess" is that the politicians and the media are slowly down the unloading of of cargo ships to make specific negotiations about illegal cargo.
Do you have any idea how dumb that sounds.
I think the the Port Authority and US Customs Agency has control over the dock yard and they don't make negotiations on the spot for illegal contiban or do they go through and inspect all the cargo.
Truck drivers should get paid hourly and overtime. End of story.
The issue with that is how regulated truck driving is combined with how terrible of a job it is. Truck drivers working hourly often have to follow a strictly mandated shift that limits work hours and/or continuous drive time per day. Ofc it’s for safety, but pay per load or hourly, it’s still never worth sitting in a truck for weeks on end separated from family and friends reading a lame magazine you got from the last truck stop.
I get paid by the mile and I make more than what you'd get paid by the hour. Most those trucks were daycats and they do get paid by the hour But they also get paid by the mile What needs to change is California's stupid 55 million hour law Truck should be able to go the same speed as the cars And California needs a backoff on their emission control stuff And the environmental stuff And let us truck drivers get to work The state also needs to get out of the way of people working If I want to work through lunch I should be no problem with me working through lunch and not taking a 30 minute break And there's a lot more to trucking than just getting paid by the mile it also depends on the cargoes hazardous Or not hazardous is it overweight
@@brandonkibel8322 are you saying that environmentaly laws in California make it so that people can't drive semi trucks? I thought CA had more vehicles on the road than any other state so I'm very confused at what your getting at?
"We've changed nothing and we have no idea how to attract more drivers!"
@@brandonkibel8322 you probably make more but are worth less per hour.
LA and Long Beach are packed… San Francisco is only at 44% more to other ports! Another issue is that California won’t allow a truck older than 2010 to come into the state… sounds like they are holding up interstate commerce! Supply chain holdups are a man made issue.
Who's going to truck that freight down from San Francisco back to socal smart guy!?
@@dark_child8766 dude it’s only 6-8 hours from the bay to SoCal. Besides, the cargo doesn’t stay in SoCal, it’s American freight going across America! Have you ever driven a truck? (They kind of go everywhere!) There are 47 states with CDL operators who like to work, but are being told they can’t just due to the age of their truck, and they can’t come into California…
@@TorturedPeace another example of market manipulation. They can temporarily lift the whatever level emissions tier mandate level they are on temporarily.
@@BossSpringsteen69 I heard something about that… right now due to the chip shortage; the EPA has given truck owners a get out of jail card due to not being able to get parts for the emission systems right now…
@@TorturedPeace umm last I heard new trucks are not even able to be ordered because the backlog is so bad. Waiving emissions is a publicity stunt to appear to be doing something. Your comment proves it works.
On case you were not aware... there are many semiconductor chips in every component of a vehicle. Hell, the "simple" tail light on a tractor that is almost never seen requires several chips.
It sounds like you are saying, time for corporate America to quit taking advantage of American workers.
If we are buying more goods than services then why are warehouses full? I'm still confused
Nobody wants to work in warehouses to get product out...low pay and long hrs.
Are you single
Everyone is stockpiling
Not only are warehouses not full, everyone bought things for working from home and the supply chain had to accommodate the switch, then everyone went back to work and the system tried to accommodate and now the world's shipping capacity is stuck in line because we never upgraded our port capacity from the 90s.
It's more complicated than you think and will get worse
@@hewhohasnoidentity4377 those shipping containers represent prosperity. Asia is producing things faster than america can unload it.
A passageway through the bering straight could help alleviate the congestion.
Not enough truck drivers??? That's BS!!! The problem is the State regulations on trucks entering the port. California regulations state that a trucks engine must be less than 10 years old to enter the port. The Teamsters Union has guaranteed 750,000 trucks to be there in 72 hours, all they have to do is temporarily relax the states regulations on trucks.
Funny we can creat a problem so easy, but can’t creat a easy soltion. The only problem other people holding things up.
The pistons for my engine are sitting out there, let’s goooooo
Incompetent elected officials in the state and national levels...
So true...
Let’s go bradon !!
Maybe pay people more…
Easy words to utter.
Pay them more. Ok let's use an example. You currently go to a fast food place to grab some lunch, a burger combo fries and a drink let's say it costs $5.
Ok so they take your advice and pay the employees more. So now your burger combo is 9-10 dollars instead of 5.
Well now you have to pay more for the same lunch but you aren't getting paid more.
It's a vicious cycle.
Companies can pay more when the employee earns it through hard work and dedication.
You can't expect to get rich by manning the fry basket.
Or hire people on work visas and illegals for less pay
Why the United States needs to produce their own stuff
🎯🎯🎯🎯🎯🎯🎯🎯🎯🎯🎯🎯🎯🎯🎯🎯🎯🎯🎯🎯🎯🎯🎯🎯🎯
You think we would’ve learned right after covid started
@@Danlikescheesteaks Our government is corrupt, they serve the rich corporations. Since Nixon secretly went to China to broker a trade deal at the behest of the rich business owners looking for cheap labor. A representative government would make laws to limit so much outsourcing. This crap is almost 50 years on.
Yeah with the labour shortage the only way that's possible is when robots produce most of them, not much positive impact for the working class
There isn't enough people working in the u.s. right now to meet those needs
Only a few sections are open 24 hours for a few days. Like 1 or 2
It's really horrible, am working in MAERSK this kind of situation lead to impact the global trading and supply chain .
What position your working bro?
Well at least these ships can prioritize cleaning the ship and maintence while waiting. Because they would usually never have time
they're playing tetris bruh
Consumption consumption consumption… stop importing and start building
This is a massive problem for all kinds of industries, whether it is retail business or the food industry etc. The lockdown has pretty much changed the way how supply chain works and it feels like it will so long to overcome these losses.
It's cool seeing sweetwater in a video that's not specifically music related. They're a phenomenal company.
The Problem is, We Need To "Buy American", Do More Shopping At Brick and Mortar Stores, And Support Local Businesses.
been saying this for 20 plus years
@@grapesurgeon Perhaps if we try enacting tariffs again on imports, it might cause many of the companies to bring manufacturing back to the states.
lol what a misleading title. It is a US shipping crisis caused by inefficient US shipping ports.
One of the major challenges is the efficiency of the terminals get lower the more packed they are. You cant easily hire more people to work in the terminals due to Union labor. The ILWU members in the terminals get paid really well so you cant say its a wage issue. In addition the port, not the terminals, will be charging an increasing tier rate of $100 per day starting on the 9th day from container discharge from vessel. Meaning 9th day $100, 10th day additional $200, 11th day additional $300, 12th day additional 400. This means $1000 in just 4 days. Its been postponed for almost a month now because terminal inefficiency does not give importers and truckers adequate opportunities to move cargo out.
I never heard a union Local President say in any general memberships meeting I've attended, we want fewer dues paying members🙃. Union membership has been going down since 1946. They want more members
US needs to upgrade their container terminals.
"Ships are keep on coming" while extra tariffs are still on.
How's that vaccine mandate working with those truck drivers?
How’s that low pay and no benefits?
@@Lorangebeatrice do you know any truck drivers, or are you taking what she's saying as the truth? Truck drivers make a lot of money.
@@Lorangebeatrice i personally know several truck drivers, all of whom make over 250k+ per year.
@@Lorangebeatrice that's probably how they can afford to stop working and still survive.
I feel like it depends on the company, some pay good and have good benefits and some don't. But I don't think that's the full story of why we're not able to get product like we're supposed to.
Let's go brandon 👏
Unintentional consequences of locking down right here.
This happened because workers realized all at once how abused and underpaid they are. This is on the shipping and trucking companies to pay more and drum out the abusive management. Furthermore, firing a trucker for getting brake checked by a Corolla diving in front of the truck or other such events that are no fault of the trucker needs to come to a full stop.
Also all trucks with engines older then 2010 are not allowed into California with out expensive exhaust upgrade that cost more then the truck. Thank you. The governor
Soooo this is why my guitar isnt here😂
Anyway, if the port is running at 120% capacity there CANT BE SHORTAGE on goods , nevertheless how mich ships are waiting....
It's plain and simple to figure out.... you just got to use common sense, we never had a problem until this year..thanks.
24/7 is a joke, that will never happen! These companies are making so much money, they don't want anything to change
All those material goods to fill your empty souls.
Same thing happened when Carter was President. With so call oil shortage . They weren't off loading the tankers.
First I've heard of it
This shortage is all artificially created.
People are bored, too much money and sitting at home, buying way too much crap they don't need.
Im not too far away from Fort Wayne, Indiana- :)
INFRASTRUCTURE! What is the problem USA has with this word?. Why are key workers like lorry divers on ridiculous pay -, low pay paid per load delivered?The favourite word in USA is "greed" New warehouses are being built for future but shortage of lorry drivers and delay at ports expose USA as a "car crash waiting to happen!. N B stacks of empy containers in ports no exports to use them!. Look at new container" offshore" ports where biggest containers unloaded and loaded within one day - huge infrastructure and open. 24/ and new highways to service these new facilities!. China and Asia are turning this this shipping crisis to increase usage of "Belt and Road initiative" and create new Asian markets!. USA will lose market share in future World Trade as "delivery" influences plans of Asian customers - failure to deliver is critical calculation for East and West!. Biden needs to spend his new funds earmarked "infrastructure" politics later - Chinese invasion with cars coming in 2022!
.
Definitely didn’t happen overnight. These ships been backing up since the beginning of the year. How about decode why la/Long Beach has over 80 ships waiting and the port of Oakland has a couple?
This lacks information. One example, trucks are also used as a cheaper form of storage, taking transport capacity away.
Medical supplies clothing and furniture? We don't need none of that bs anyways so send it back and get it out the way
Dont the items in those containers suffer from exposure to heat, humidity, cold or weight stacked?
Maybe that’s the idea 💡
You don't wanna know how much money that is, just waiting xd
This is all intentional. It's the gr8re-set. Wake up ppl.
I talked to several independent truckers. I've had two in the family. All said they had a hard time making a living wage after expenses. Most live and many cook in their sleeper cabs, a crappy mundane life, not at all like the adventures of Smoky and the Bandit.
If inflation is highest then why people are buying more goods?
Because cash isn’t worth anything. It’s not worth putting in the bank
Where is the department of transportation? On mr. Mom..still leave on paternity leave?
This is all about everybody agreeing on computers computers and robots they want us to agree to robots
I have a crazy idea! Why don't they use other ports in West coast?
There are only 9 container ports on the west coast and last I checked there were all at or over capacity
Mclean must be unhappy in heaven to see his "invention" simply could not be implemented in his own country! I believe most of the container are railed to the inland States of US. Why is warehousing become an issue here? In ASEAN, delivery more than 3/4 days already mean unnecessary charges, imagine it seems it takes 9 days to deliver at the West Coast ports! The extra costs generated at these US ports will finally make the shipping lines to recover their losses from the rest of the world! And Asian governments should take note of this!
It's not that hard to solve this problem 😂🤣🤣
This port causing a supply chain crisis
Anyone working in port?
Great Reset Business.
Ahhh so it's Cali. Geez will they just fall off already.
Pay them better and people will want to work them jobs. If not business goes bust and they lose out in the long run
Of the pages of the hand book
Luckily theres still plenty of bloke on bloke action at the all male brothel
So-called experts say 2023. Not. Talk to somebody that actually works in the industry. Any backlog to 2023. Would be intentional market manipulation.
Each day is charged a charter rate. Invest in shipping 🚢...
Nfa
That’s what you think
Look, lady. It means what it is not what a stranger says it means.
PAY WORKERS MORE!
It’s not always about the pay. CDL driver here: worked for a Teamster shop in Seattle driving 8 axle truck and pup dumpers making 28.53hr… sucked! Seriously, not a fun experience…
Worked for a non-union shop making 19.75hr in Seattle hauling bridge components… such a better job, even with the lower wage!
Oh yeah this works for the inflation deal hold all the products offshore while the demand is grows and prices rise and inflation gets worse than an earthquake or something wipes out all those packages on the coast yeah
Shut all the pipelines down.
Shut all the trucks down.
There not telling you that with COVID shut downs and natural diesasaters many of these containers no longer have a destination.
They allready said why.
Its about compliance.
Very pointless a lot of warehouses are not open 247
There should have been an industry group or government agency screaming the sky is falling years ago, before the sky fell. This will become much worse without bold and extreme action and cooperation.
At this point I only see one solution, and it would be a cure worse than the problem:
A national effort to tell everyone in the US to severely minimize all but the most essential purchases.
The second step is to have Congress pass a massive spending bill and use eminent domain crafted to minimize delay tactics and prioritize getting money out and land for ports to expand or new facilities added. This would also include the water side dredging and work necessary to bring the ports online. Rail and Interstate spurs need to be brought into the ports. Right now not a single US port can accept the biggest ships. That needs to change. We need to slow the demand for inbound traffic and increase port capacity substantially before allowing normal consumer spending to return.
It has been known for decades that we were importing everything. The concept of the container and the movement of containers was created in the US. This should have been known and dealt with long ago. Now we are in a position that fixing the problem is not a realistic option.
All of these ships stuck in the US loop are also reducing capacity for the rest of the world. The consequences have barely started to appear.
Bring in foreigners they want to work
Business.
I bet there are a ton of them there graphics cards in those containers too!! Nvidia and AMD been sold out for months
Evergiven but worse
Do the Long Shore men get any overtime? Are Americans on a high ordering stuff from China? I guess its too expensive to make stuff yourself in the West..
Buy American stock American build like brewbilt , we are punishing ourselves for not choosing quality over price and U.S. made
Why work when you can get free money from the government….
It seems like America would get smart, and open a lot more factories in America!
We will soon be paying enough for goods to pay our own workers $15-20/hour.
There is no worker shorage, just a wage shortage, and a stupid president who keeps paying people to stay home. 🤣
The companies aren't hiring people is the issue. I know two people trying to get any old job. Fast food, retail, warehouse etc. They take forever to call back and half the time they don't fill the position. All bs
Noone getting money to stay home that ended in Sept learn to read and not listen to oan
Noone wants to work for crap wages
@@NickPapagiorgio2024 I know of laid off people making 40k/ year staying home, plus they get food stamps and Medicaid. Unbelievable to me!
@@zztop8592 why would they work then ? Why get a job that's only giving 10 per hour when I can stay home and get more ?
@@zztop8592 un true Noone gets extra money now
If company's were willing to adjust their profit margins then perhaps they could pay enough and provide the benefits to get the numbers to where things can actually operate with efficiency. Unfortunately the relentlessly higher targets that all corporations use to measure year on year performance means this is not going to happen. Disappointingly this video had no real solutions as well
Certified Gold!!!!!🤨
Less than 50 by my count
Take a look in Rotterdam how they solved the same problem
Joe Biden fixing supply issue thank you Mr president
Fining companies 100$ per day per container that sits at docks over the 24 hour mark
Stores are getting product now or companies face big fines
Nice to see a president actually do something
THANK YOU PRESIDENT BIDEN 🙏 ❤ 🙌 💙
Getting gas down by releasing our reserves
Making companies deliver product instead of intentionally leaving it on docks to drive up prices
Haaaaahaaaaaaa Biden is the issue. Who the hell do you think the company’s will charge when they get the $100 fine. You fool. Biden is going to cause a bigger issue if he makes the driver get the vaxx. Biden celebrating a .02 gas drop. What a joke Let’s go Brandon
Thats My President! D A F
It all feels like Idiocracy movie especially with the pop sounds every time a new idiot is born
Let’s go Brandon
The solution to congested ports is to build a railroad from China to North America!
That's what happen when the government is taxing the heck out of the factory it cost the factory to cut down on paying the workers decent salary n benefits so what the factory does run over seas than we pay more for the goods does that make sense .
I don’t think that’s the reason dude. Low wages is not due to taxation, corporate profits aren’t going through a recession. Even during good times, wage growth lags inflation
IMO, this presentation is politicized. Main issue is the thousands of empties at LA/LB. Now that Christmas has passed, halt unloading of vessels and clear out containers - especially empties. Very little to do with trucker shortages. Current administration has done little except focus on COVID and mandates.
It doesn’t help that our President can’t complete a full sentence lol 😂
I guess you, Twig, are a supporter of the traitor of the USA on Jan.6; Trump committed treason and you don’t care???????
@@sandyleonard4780 lmao, nope I’m just a college kid who wants to have a bright future. It’s sad seeing Biden sleep on stage.
He tries... dosnt always work, but he slurs something out.
@@theglowingrectangle4175 he is basically an elderly Ron Burgundy
More than just that port to go to on the west coast but its all politics.
No one has thus problem only USA
In my opinion
Why is chinah building unloading docks all over the world????
Well when u pay ppl to not work, impose all kinds of mandates and regulations on them and ban owner operators..... 🙄
Damn
Nice going, Joe. A "24/7" system with few workers. Good one. 👍 Go eat your cookies and milk, and off to bed now🙄
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
Thanks Brandon, Mayor Pete. Bang up job.
This is the end of capitalism