Commodity shortages

#876
#876
This feels manufactured

Truckers, port workers vent as supply chain frustration mounts: 'A lot of us are willing to work'

Toward that end, Executive Director of the Port of Long Beach, Mario Cordero, told Yahoo Finance Live that Long Beach implemented a 24/7 pilot program at one of their terminals “weeks ago.”

However, truckers like Rameriz hasn’t seen any changes. “I don’t know anybody that is working 24/7,” he explained to Yahoo Finance. “If there was work, we [would] be working 24/7.”
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According to a longshoreman who only identified himself as Alfred, who works at California's San Pedro Bay Port Complex, the Pacific Maritime Association (PMA) is “cutting the work.”

He added: “They're the ones who are not training: skilled positions. [That] means crane operators, top handler drivers, trans drivers. They're the ones who are keeping the ships out there at sea anchored.”
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“There are truck drivers that come in and are waiting for a chassis and the company does not allow us to give them it,” Alfred said.

“If we don't have the space and we need to get some of this cargo out, why are we holding chassis, and not giving them to the drivers so they could pick up their load to make more space for us,” he added.
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#877
#877
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#878
#878
RollinVol said:
I told someone weeks ago it felt manufactured. I saw an interview with the ceo of the Los Angeles port. He was basically saying the reason for the backup is we haven’t spent enough on west coast ports. We needed to pass the infrastructure bill so the port could get more money.
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The dumb sheep, unfortunately, would believe that if we passed the bill, then that would suddenly free everything up.
 
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#879
#879
RollinVol said:
I told someone weeks ago it felt manufactured. I saw an interview with the ceo of the Los Angeles port. He was basically saying the reason for the backup is we haven’t spent enough on west coast ports. We needed to pass the infrastructure bill so the port could get more money.
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Well, of course that's the problem - that infrastructure bill money will reach that port in what? Early to mid-2023 at the earliest?
 
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#880
#880
RollinVol said:
I told someone weeks ago it felt manufactured. I saw an interview with the ceo of the Los Angeles port. He was basically saying the reason for the backup is we haven’t spent enough on west coast ports. We needed to pass the infrastructure bill so the port could get more money.
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I read that the longshoremen union has opposed automation of the ports.

Longshore Union Speaks Out Against Automation of Port Container Terminal - Latest industry shipping news from the Handy Shipping Guide

Longshore-Labor: Port automation clash brewing between ILWU, employers

of course xiden is all about the unions.
 
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#882
#882
hUTch2002 said:
I figured some would find this interesting.
Supply chain disruption expected through all of 2022
The only thing is the people predicting things to return to normal at the start of 2023 are doing so off of how past supply and demand cycles worked. The current issues weren’t caused by a normal supply and demand cycle though so I don’t think the prediction of things swinging drastically the other direction in 2023 will be correct. I believe we are resetting to a new level of expectation for the foreseeable future. I do think it’ll get better but things won’t go back to the way they were for a very long time, if ever.
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Good, hopefully it gets real bad before next November just in time for the midterms.
 
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#883
#883
None of this is coincidental, remember the midterms are just next fall.
 
#889
#889
CagleMtnVol said:
If people think things are bad now just wait until truckers go on strike, if Joe tries forcing truck drivers to get vaxxed.
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Truckers won’t go on strike, maybe the teamsters but that is such a small percentage of truckers it will barely be noticed. Good truck drivers will just move to other jobs and our highways will just become more dangerous.
 
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#890
#890
AM64 said:
The real issue is that maturity and not a specific age should determine when a lot of things change, and we don't have a very good handle on that at all. Insurance companies have apparently learned a lot more about the behavior of "young adults" than the government has - otherwise the voting age would be significantly higher than it is now. Another example: kids who grew up on farms learned far more about rifles for hunting than their city counterparts, so how could anyone possibly relate responsible gun ownership to age rather than societal issues? I guess there has to be a cutoff somewhere - I'd suggest insurors generally know better than even parents.

My other take is that with the advent of technology and social media, kids are exposed to stuff they are too immature to deal with on a rational basis and that it's delaying maturity and creating more harm by mixing juvenile brains with adult topics ... and expecting juveniles to be adults. A lot of parents live vicariously through their own kids, and they aren't necessarily much more mature than teens themselves, and I'm very glad to be successfully past the parenting years and not having to contend with the peer pressure and some idiot parents pushing it.
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I can't really argue with any of that. The human brain isn't fully developed until a person turns 25, but some mature earlier, and some mature later.
 
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#892
#892
Our government at work.
Can't increase the minimum wage without pissing off big business?
Pay people an extra 300 bucks to stay home.

Can't slow China imports without pissing off big business?
Bottleneck the ports.

Money has to flow to the PACs.
Don't piss off Wall Street.
 
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#893
#893
allvol123 said:
He has a trillion dollar car company that gets massively subsidized by the federal govt. He is a grand con artist.
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I heard Trump took massive tax cuts for his businesses too. Musk isn't "gaming" the system by taking tax cuts that the .gov gave his company, he's taking what they allow, just like I do every year when I pay my taxes. If he's breaking the law, then he needs to be punished, but if he's taking legal tax cuts, more power to him.
 
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#894
#894
VolStrom said:
I heard Trump took massive tax cuts for his businesses too. Musk isn't "gaming" the system by taking tax cuts that the .gov gave his company, he's taking what they allow, just like I do every year when I pay my taxes. If he's breaking the law, then he needs to be punished, but if he's taking legal tax cuts, more power to him.
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Don't hate the player, hate the elected officials that are so easily bought off they make the game what it is.
 
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#895
#895
VolStrom said:
I heard Trump took massive tax cuts for his businesses too. Musk isn't "gaming" the system by taking tax cuts that the .gov gave his company, he's taking what they allow, just like I do every year when I pay my taxes. If he's breaking the law, then he needs to be punished, but if he's taking legal tax cuts, more power to him.
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A con artist isn’t necessarily a criminal.
 
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#896
#896
RollinVol said:
I told someone weeks ago it felt manufactured. I saw an interview with the ceo of the Los Angeles port. He was basically saying the reason for the backup is we haven’t spent enough on west coast ports. We needed to pass the infrastructure bill so the port could get more money.
Click to expand...

This is when we need Reagan and we have biden. Unions had a big part of putting us in this mess with their eternal push for increased wages and benefits that overpriced US labor and sent jobs elsewhere. Now they don't want to unload the product that should have been manufactured here in the first place. A good president wouldn't allow a mob to continue a crisis like this, but we don't have one of those. Dims will continue to collude with the port mob until it becomes an embarrassment - especially if they believe the port mob can help with the infrastructure bill. Somehow I can't see the FBI and DOJ investigating and showing the "crisis" is manufactured either.
 
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#897
#897
allvol123 said:
A con artist isn’t necessarily a criminal.
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Give Trump credit.
His real estate developments only conned the rich.
Most developers con the folks just wanting to upgrade their homes. And there are a lot more of those. One born every minute as the old saying goes. And they never get an even break.
 
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#899
#899
allvol123 said:
A con artist isn’t necessarily a criminal.
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I just read comments about the commodity market elsewhere, then comments to this post, and put 2 and 2 together. I'm fully convinced the rightful name should be the Conmodity Market because it leverages the prospect of the future to generally inflate the cost of commodities - true self fulfilling prophecy - or making it happen. Imagine how gas and oil prices might be different if an investor had to actually take possession of and store the gas and oil rather than play con games that simply boost the cost that real users and distributors pay in the future. It's simply gambling; only you as the end user generally get stuck with the tab. A recent article pointed out that historically speaking greater wealth has never been transferred from the middle class to the wealthy than now. Whether accurate or not, guess where some (maybe a lot) of that transaction takes place?
 
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#900
#900
AM64 said:
I just read comments about the commodity market elsewhere, then comments to this post, and put 2 and 2 together. I'm fully convinced the rightful name should be the Conmodity Market because it leverages the prospect of the future to generally inflate the cost of commodities - true self fulfilling prophecy - or making it happen. Imagine how gas and oil prices might be different if an investor had to actually take possession of and store the gas and oil rather than play con games that simply boost the cost that real users and distributors pay in the future. It's simply gambling; only you as the end user generally get stuck with the tab. A recent article pointed out that historically speaking greater wealth has never been transferred from the middle class to the wealthy than now. Whether accurate or not, guess where some (maybe a lot) of that transaction takes place?
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The commodity markets do draw in a lot of speculators, but at the core it shifts the risk away from farming, mining, extraction, harvesting, and similar type companies that don’t want to put their operations in jeopardy with exposure to the price changes of the commodities that they produce.
 
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