by donmcc on 3/6/21, 4:57 PM with 21 comments
by Shank on 3/6/21, 9:11 PM
I imagine that the whole thing cascaded from that. Online orders that would normally take a plane trip got redirected to the surface, and then the pipeline kept backing up. Until the world is connected and back to normal, bottlenecks like this will probably still exist.
by js2 on 3/6/21, 7:44 PM
If you want to know more about this, there's a pretty good book on it: The Box: How the Shipping Container Made the World Smaller and the World Economy Bigger
by cwwc on 3/6/21, 5:10 PM
Never thought of it in this sense as a zero-sum game — but it does make a lot of sense why this is pushing the stock up for companies like Triton International.
by ampdepolymerase on 3/6/21, 6:47 PM
by WJW on 3/6/21, 9:01 PM
by cmehdy on 3/6/21, 5:31 PM
> Some experts assume that as vaccinations increase and life returns to normal, Americans will again shift their spending — from goods back to experiences — reducing the need for containers.
Beyond masks, is it really the case that consumption of goods dramatically increased? Is it only a North America issue? A US issue?
by elzbardico on 3/8/21, 10:26 AM
by xyst on 3/6/21, 7:48 PM
besides labor costs, it doesn't make sense that an item that is bought in from X company with an HQ in Y country has to be manufactured in Z country and shipped thousands of miles to the consumer.
the amount of carbon generated from our reliance on third world countries must be ridiculously high, and wasteful.