Posted on 10/14/2021 1:14:18 PM PDT by blam
A Moody’s report revealed supply chain disruptions will continue to increase costs for consumers before the crisis will resolve itself – perhaps in 2023, CNN reported Wednesday.
Moody’s Analytics warned the business community on Monday:
Supply chain disruptions “will get worse before they get better. As the global economic recovery continues to gather steam, what is increasingly apparent is how it will be stymied by supply-chain disruptions that are now showing up at every corner.
Moody’s also said the shortage of truck drivers could be the “weakest link” in the supply chain, causing ports to remain full, which delays ships scheduled to pick up freight in Asia and return to America. Moody’s wrote:
Because deliveries are not made in time, costs and prices will rise and GDP growth worldwide will not be as robust as a result. This presents a serious challenge to harmonizing the rules and regulations by which transport workers move in and out of ports and hubs around the world.
CEO of Freight Right Global Logistics Robert Khachatryan confirmed to Breitbart News on Tuesday the transit time from Asia has become greater by four to six weeks due to port delays that are mainly a function of truck drivers not picking up freight at the port.
Meanwhile, a Biden-Harris administration official on Tuesday blamed the private sector for the supply chain crisis.
“The supply chain is essentially in the hands of the private sector so we need the private sector to step up to help solve these problems...
(snip)
(Excerpt) Read more at breitbart.com ...
Fly camels to Paris! Fly camels to Paris!
And what’s “Mayor Pete”, our esteemed Secretary of Transportation, doing to remedy this situation?
Don’t worry...Dementia Joe is on the case...for years...he knew about it before it existed and has been planning....planning on who he can blame for the problem.
Here’s not aware there’s a problem...
The net effect acts like a “Supply Chain” issue. The actual cause is primarily a “labor shortage” though. Even though, technically, there are lots of able bodied human beings who could work, product isn’t being produced or isn’t moving (supply chain) due to lack of willing labor.
Every appliance relies on hundreds of suppliers. Every supplier relies on dozens or hundreds of other suppliers, even if it’s mostly just raw materials. You knock out one supplier, and the effect ripples.
Low wages... compared to what? (hint: ridiculous unemployment benefits)
There will be a significant amount of firings around early Dec which will affect all segments of the economy due to people not taking the shot.
This is another problem of the ageing workforce
Not just anyone can drive a big rig. A lot of the drivers who did this their whole lives started retiring around 2018. The Logistics industry been trying to figure out how to fix this problem for 2-3 years now.
It ain't a wage issue in Trucking
Just one of the dozens of trucking ad in my area.
$35-65/Hr Truck Driver Jobs - No Experience Needed (FT/PT)
he might be too busy driving the wrong way on the hershey highway...
-Cheap Chinese Crap? Who cares. If we never import another bolt or battery from the Chicoms we would be better off for it
Truck drivers? PAY. THEM. You can’t both limit the speed they can drive and the number of hours they can drive without driving them away from the trade. IF truckers were paid what they are worth, things might be more expensive, but the roads would be safer. I can’t stand Harris, and a lot of drones are way overpaid, but truckers have a vital job and should be making enough to recruit and retain.
Yep, the shortage was around before COVID it’s just gotten a lot worse. You’d think money (high wages) would fix it but you can’t rush experience.
Time to open a chain of truck driving schools?
If anyone in the Logistics industry asked more than one or two truckers, they’d get all the answers they need. Go to any site frequented by truckers and there is no shortage of clarity as to why even $30 or $40 an hour is not enough to retain many of them.
“No Experience Needed”
They can drive the box trucks etc. but they won’t be driving hazardous or temp-control. They’ll be driving gravel. Can’t hurt gravel.
It’s like cutting off your arm and wondering why you’re having trouble with the violin.
That’s a bit more graphic than what I might have said, but probably not untrue.
Or he might be out pedaling around on his bicycle signaling how much he loves Mother Erf.
I don’t drive much since I been working from home since March 2020 due to this whole Covid thing.
However when I use to commute I would watch the big rigs I encountered. It was pretty interesting to see how many were obviously being driven by rookie drivers.
We can train as many as we want but the problem is it takes specific set of skills, built up over 3-5 years, to be good at it. The Fed mandated DOT “safety” regime is so rigorous now that it only takes a relatively minor screw up to make a driver unemployable.
“The supply chain is essentially in the hands of the private sector so we need the private sector to step up to help solve these problems...”
Show me one, not two or three, just ONE thing the government (especially a leftist government) is better at than the “private sector.”
Lots of big-rig truck crash videos on YouTube. Inexperienced drivers flipping loads during turns. Veering into cars in blind spots. Etc.
Now multiply that by a lot of newbie truck drivers crashing trucks, and goods will never get to destinations.
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