Skip to comments.Why the West Coast port slowdowns are cracks in the foundation of the U.S. economy
Posted on 02/12/2015 10:23:22 AM PST by george76
One of the big reasons for the slowdown at the 29 West Coast ports isn't on the tip of everyone's tongues, including elected officials, is because the public doesn't see it, he said.
It's like cracks in the foundation of a house: virtually invisible but still very dangerous for the structural integrity of the house.
(Excerpt) Read more at bizjournals.com ...
Teamsters, you rock. Oh, wait. No you don’t. Some carrier from the Orient has said they are DONE with portland, oregon due to slow downs and sometimes no activity at all when trying to offload or onload and will no longer be using portland for any of their business. So, how cost effective is it to do the Panama Canal transit and go to the Gulf Coast or even the east coast ports?
Overpaid dock workers, not even bothering to do the job they have today, want to get more money to probably not do the job they have tomorrow. Average pay with benefits tops $150,000 a year for each of the primadonnas.
Fire the commie slugs!
The Longshoremen, being a large, well-funded and politically active union know that Obama and his crew will have their back, no matter how much chaos they create in the US economy.
China will save us. A Mexican port to transfer containers via rail to the US is being discussed.
A larger Panama Canal transit to the Gulf and East Coasts ... will help.
Apparently, some smaller dry product is being - expensively - flow in and out.
“Some carrier from the Orient has said they are DONE with portland, oregon due to slow downs and sometimes no activity at all when trying to offload or onload and will no longer be using portland for any of their business.”
I have seen numerous mentions of avoiding West Coast ports in financial statements by companies saying they have found alternative routes for their supplies and merchandise. McDonald’s said it was using all alternatives to get fries to critical overseas markets. It has also been casually alluded to in other business articles. Business in the ports won’t dry up, but it will drop off for a long time.
Bulky items, like food products, coal, etc. are sitting in rail yards and such ... waiting to be loaded onto out going ships.
Hurts farmers, ranchers, and other working Americans.
Here’s a better link to the whole story w/o clicking through multiple pages
Unfortunately, this article answers nothing.
Ironically, I just sent an email to someone addressing the lack of attention to the actual causes of the just-announced Hanjin pullout of Port of Portland, which include a combination of lack of chassis, lack of trains and, of course, obamacare & contract negotiations.
I’m still looking for a decent analysis of the whole situation...
Communist took over the West Coast docks.
One can make a deal with the Mafia not the Communist
Mexicans, doing the jobs that Americans will not do.
One likely factor is the new NoCare taxes / fees on the Union Cadillac health insurance plan that the Union members do not want to pay.
In Isaac Asimov’s series “Foundation”, one of his early indications of collapse of the Empire was the failure of goods and energy transport from where it was produced to where it was consumed.
Also the flow was one direction, to prosperous planets and/or cities.
Classic 50’s SciFi with little or no female characters but an interesting view considering the state of our worldwide economy.
a lot of container ships are too big for the Panama Canal aren’t they?
Work began in 2007 to expand the Panama canal with a third set of locks to enable it to handle the modern mega-freighters that global shipping companies prefer.
Initially scheduled for completion in 2014, the project’s due date has been pushed back to early 2016.
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