tag:blogger.com,1999:blog-6244999628674918029.post1258715143772544305..comments2024-03-28T18:08:20.711-05:00Comments on Bayou Renaissance Man: Trans-Pacific shipping: mixed signalsPeterhttp://www.blogger.com/profile/10595089829300831372noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-6244999628674918029.post-32319049689986977062020-08-14T20:30:28.357-05:002020-08-14T20:30:28.357-05:00I am in Indiana. In our state you get one half of ...I am in Indiana. In our state you get one half of your gross wages in unemployment up to $800 week. Therefore, if you grossed $400/per week your unemployment would be $200/per week under regular rules. With the stimulus of an extra $600 per week it works out to $800 per week. The stimulus,in this situation, doubled this person's wages. Is it no wonder the economy did totally tank. But remember Weimar Germany. They didn't foresee hyperinflation, but it happened. (By the way, the stock market of Germany soared into this).<br />Mr. Bhttps://www.blogger.com/profile/11922709713625073557noreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-53682096312573498832020-08-14T20:00:26.043-05:002020-08-14T20:00:26.043-05:00I work in the Import/Export business in the midwes...I work in the Import/Export business in the midwest. March was awful, but the rebound has been quite good since then. I won't say normal, because I haven't looked at the exact numbers but from what I've heard from the operations folks it's been a crazy busy summer so far. Inventivehttps://www.blogger.com/profile/05948239180441397440noreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-76050089160370772052020-08-14T19:54:15.109-05:002020-08-14T19:54:15.109-05:00Once the containers reach our West Coast, they mai...Once the containers reach our West Coast, they mainly move by rail, that is to say, the Union Pacific and BNSF. Volume on both are down. Not computer literate enough to find what the Canadian railroads are doing.Well Seasoned Foolhttps://www.blogger.com/profile/16670165728759453075noreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-51314453530211271272020-08-14T19:28:14.425-05:002020-08-14T19:28:14.425-05:00I suspect at least some of it is 'catching up&...I suspect at least some of it is 'catching up' from orders that weren't made, or weren't shipped, earlier in the year. A significant portion of those orders will delayed instead of cancelled. For example, the Christmas orders that are shipping now, late, instead of being here already. <br />At the same time, capacity has gone down to an extent because of ship retirements, limited crew, etc, so for a time there will be higher demand than supply, hence the rise in prices. <br />I'd be interested in finding out if this is happening nationally, or just on the West Coast. Remember that east Coast ports, particularly Savannah and Jacksonville, have been siphoning business from LA/ west coast for years and that siphoning has increased since the Panama Canal increased capacity several years ago.Jonathan Hhttps://www.blogger.com/profile/10476185257203343474noreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-89577693143656107142020-08-14T14:04:28.563-05:002020-08-14T14:04:28.563-05:00Concur with JNorth. It's a 'shift' in ...Concur with JNorth. It's a 'shift' in the loadouts...Old NFOhttps://www.blogger.com/profile/16404197287935017147noreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-49550190465130590512020-08-14T13:45:20.257-05:002020-08-14T13:45:20.257-05:00"Imports can't be lower than ever by one ..."Imports can't be lower than ever by one metric, but higher than ever by another!"<br /><br />Ha!<br /><br />2020 would like to talk to your manager about that.<br /><br />:DRatushttps://www.blogger.com/profile/02546867391478669489noreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-45437313754775436262020-08-14T13:30:24.345-05:002020-08-14T13:30:24.345-05:00If I'm reading this right the first one is dea...If I'm reading this right the first one is dealing with mass bulk shipments, aka Walmart want's a whole freighter load of widget-X or Ford want's 200,000 turbo encabulators. The second they are talking about spot rates so not how the big guys pay for stuff, this is more like the BF-F8HP radio I ordered a while back and had to come from China (pretty much every radio does these days). So we have a massive amount of people ordering stuff online going to them individually but people are not going to the stores so the big players shipments are down while the ships still get filled with tons of small orders.JNorthhttps://www.blogger.com/profile/01701578500596164529noreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-37167610751101657772020-08-14T12:32:51.000-05:002020-08-14T12:32:51.000-05:00And this Morning (08/14/2020) gCaptain reports tha...And this Morning (08/14/2020) gCaptain reports that the Port of LA is reporting this: https://gcaptain.com/port-of-los-angeles-reports-best-month-of-2020/<br />sooooo, now what?<br />Barry Joneshttps://www.blogger.com/profile/06837934781309726243noreply@blogger.com