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Message

Supply Chains Implode As "Price Doesn’t Even Matter Anymore"
Posted on 4/28/21 at 1:17 pm
Posted on 4/28/21 at 1:17 pm
Shipping from Asia is insane right now with astronomical freight rates, container shortages and a backlog of products. What a mess
LINK
quote:
The number of container ships stuck at anchor off Los Angeles and Long Beach is down to around 20 per day, from 30 a few months ago. Does this mean the capacity crunch in the trans-Pacific market is finally easing? Absolutely not, warned Nerijus Poskus, vice president of global ocean at freight forwarder Flexport. “It’s not getting better. It’s getting worse,” he told American Shipper in an interview on Monday.
“What I’m seeing is unprecedented. We are seeing a tsunami of freight,” he reported.
quote:
“Buckle up. The month of May will be the worst people have ever seen,” he predicted. Because some shippers will have to wait in line behind the growing backlog in Asia, he expects “what’s going to happen soon is that some importers won’t even be able to get on the boat. For them, it will almost feel like trade is coming to a halt.”
LINK
Posted on 4/28/21 at 1:19 pm to Palmetto08
Should do everything possible to move manufacturing here as Trump wanted
But China Joe has already reversed that policy
But China Joe has already reversed that policy
Posted on 4/28/21 at 1:19 pm to Palmetto08
Would be nice if we started manufacturing our needs here again so we didn't need to worry about waiting in line behind Asian markets (who I don't blame for prioritizing themselves).
Posted on 4/28/21 at 1:20 pm to Palmetto08
If only there were a country on this side of the ocean where we could manufacture products so we wouldn't be dependent on Chi na for goods.
Posted on 4/28/21 at 1:21 pm to Palmetto08
Zerohedge is a good source
Posted on 4/28/21 at 1:21 pm to Palmetto08
but air jordans and iphones are on the boat right?
Posted on 4/28/21 at 1:22 pm to Palmetto08
I just don't understand why we haven't built a bridge to China yet.
Posted on 4/28/21 at 1:22 pm to Palmetto08
So, is this the shite en route to the fan?
Posted on 4/28/21 at 1:22 pm to Bestbank Tiger
Took the words out my mouth.
We have people who need work.
We have places that need business.
But China Joe has decided keeping American jobs home is irrelevant.
We have people who need work.
We have places that need business.
But China Joe has decided keeping American jobs home is irrelevant.
Posted on 4/28/21 at 1:24 pm to Swagga
quote:
We have people who need work.
We have places that need business.
Imagine if that fricking absurd injection in to M1 was a joint public-private investment in to strategic manufacturing capacity.
Who am I kidding, it's not like the shite would work anyway.
Posted on 4/28/21 at 1:25 pm to Cosmo
quote:
Should do everything possible to move manufacturing here as Trump wanted
I agree, but a big issue with this is on our end too. The ports are just a disaster right now, especially Long Beach. I think yesterday or Monday was the first time is quite a while they dropped below 20 ships just sitting out waiting to come in. New York is having a ton of issues too.
It is an absolute mess right now.
Posted on 4/28/21 at 1:26 pm to Swagga
They can't find people to work in this part of Florida. Stim checks not helping
Posted on 4/28/21 at 1:26 pm to Swagga
quote:
Took the words out my mouth. We have people who need work. We have places that need business. But China Joe has decided keeping American jobs home is irrelevant.
The best way to reverse this is to reduce regulation, reduce pay, and reduce benefits. Who's game?
This post was edited on 4/28/21 at 1:28 pm
Posted on 4/28/21 at 1:27 pm to Bluefin
quote:
I just don't understand why we haven't built a bridge to China yet.
china could do it over the weekend
Posted on 4/28/21 at 1:28 pm to SippyCup
quote:
So truck nuts ON / OFF
Saw a set on a brand new Honda Civic this morning.
Posted on 4/28/21 at 1:29 pm to Swagga
quote:
We have people who need work.
We do? We have jobs going unfilled because Americans are too lazy to do them.
Posted on 4/28/21 at 1:30 pm to GoCrazyAuburn
quote:
It is an absolute mess right now.
This is what happens when you make unemployment benefits more than survival money...
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