Last week I was doing an Interstate driving trip from KY to GA. One trailer had an advertisement on the back trying to get drivers for the trucking company, promising “No East Coast loads”.
For different reasons, the East Coast of the U.S. is currently being simultaneously deprived of ease-of-access by inbound seaborne shipping through either the Panama Canal (drought conditions) OR the Suez Canal (Houthi attacks).
That leaves rail and OTR trucking.
Disrupting either to any appreciable extent while seaborne freight is being choked off would seem to constitute a real threat to supply/pricing stability going forward.
This situation really ought not to be brushed off as obviously insignificant.
Last week I was doing an Interstate driving trip from KY to GA. One trailer had an advertisement on the back trying to get drivers for the trucking company, promising “No East Coast loads”.
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Most truckers hate taking their rigs into New York City.