Well I’m a trucker and I’m ready to work just as soon as a company wants to pay me a livable wage. 14/hr isn’t it. Most don’t pay truckers hourly and if you sit at the dock for 10 hours it’s all unpaid for the driver. No thanks. Rather see it all collapse. The signs have been there for years and they ignored it.
@Judith Chambers I completely agree with the gist of your statement, but I take difference to the fact that you are putting dockworkers and truckers in the same bucket. The truck drivers are pathetically underpaid, while the dock workers with experience make 150 grand a year easily with some overtime, and they’re not generally speaking hustling their butts off at the truck drivers are.
I would ask the Transportation secretary what's going on but he's been out on paternity leave for 4 months with his husband I'm sure he doesn't know what's happening.
@@innout6707 , Oh I knew what it was before I even read the title. It’s called incompetence in management. Now it’s just to determine if they’re doing it on purpose. Which I believe they are.
The ships are unloading Maritime containers locally more and transferring them to road containers to get them back on ship quicker and not pay the train companies, this is adding to the clogging of the ports and screwing up the drayage and rail part of the Intermodal system th-cam.com/video/O0W5mck7OJU/w-d-xo.html
I survived the UPS strike of '97 which was bad. I worked for a large road feeder service and we were putting in insane hours and a nonstop pace. Literally as soon as you hung up the phone it was ringing with people waiting on the other end to scream for their stuff. This current situation is by leaps and bounds worse. Some of it can be blamed on Covid but a lot of it, the signs have been there for a long time. Antiquated systems, people burning out and not getting paid enough, dependence on foreign manufacturing. It's all coming to a head. I dont think we've seen the worst of it yet.
As a seasonal package handler, a driver once told me about how bad things were after unions (broke up?) in the late 90s there too. Tons went on strike, friends became enemies as some stayed and others striked, and human resources hadn't been the same since. Eventually UPS went into revolving door status since they apparently started taking anybody for driver positions. Workers were being stretched to the last penny and new hires didn't know what level of labor they were signing in to.
are chicken eggs also shipped in these imported freight. 60min reaches a new low of USG intel propaganda. the spokesman another Borat emptysuit. crude too. disconnect
Yes, just look at the show SHARK TANK, Mr Wonderful and the rest of the cast making billions off the Chinese production of goods for America!! Chinese pretty much own us now!!
Interestingly there was a time where we exported more products than we imported. Then came outsourcing. We have felt the sting of outsourcing for decades now.
Corporations and Businesses will always chase the lowest labor cost. This is just the nature of Capitalism and it will not change. In order to change that you would have to have Government mandate to businesses what they will and will not do, but then many people would call that Socialism.
@@jeffmason2691 As the saying goes one will pay just enough to keep someone from quitting, while one will work just hard enough to keep from being fired. A perfect system isn't it? I do disagree that anything less than corrupt Capitalism run amuck is Socialism. There can be regulations and and government that represents the people instead of businesses controlling government.
40%? People should have started sifting to the other domestic ports a long time ago. Drop west coast port traffic to 20% untill it normalizes. And. California is the only state that restricted truck intra-state travel statewide. News outlets aren't publicizing that Bull s.. It's illegal for older trucks to even go into Comifornia. To help haul products. Thanks C.A.R.B...
That’s because in the last few decades, no new ports were built and capacity expansion did not keep up either. The issue at Long Beach is a global domino effect, this report only shows half the issue. Those empty containers are supposed to come back to Asian ports to pick up products so in Asia, we are fighting over container scarcity and I had to eat my words that we won’t see pricing above 15k because the congestion is easing off and carriers are starting to ship empty containers back instead of waiting for loaded containers. In what kind of a world where prices goes up literally 10x and you get 0 assurances that what you paid for will be on schedule. Case in point, a container was booked and confirmed, the container was supposed to arrive 10 days prior to vessel departure, it cost $21k vs same container in 2019 at $2.1K. The container arrived 10 hours prior to vessel departure which means we missed the vessel loading cutoff or in layman’s term missed the boat. It was 3 weeks later before we got next available space for the next boat and we had to pay for holding that container for 3 weeks. The drama doesn’t end there, vessel delays in transit port then you hit the Long Beach traffic jam. In 2019, worst case at peak season aka year end holidays, max we would encounter is 10 days before truck pulls container out. This particular container was at port for 49 days. Now I’m in the glove business and I know full well that if my medical grade products don’t arrive on time, it directly impacts mortality rates. I had to get new warehouses to store the products because the logistics stuff I need to ship those products like containers and vessels are all still at Long Beach. Add to the fact that China ports get priority by the carriers so despite paying almost 10x price, I’m still at the back of the queue because my products don’t ship out of a China port. S**t show is really putting it mildly
@@WJWeber yeah but they are literally right across each other so from a geographical viewpoint it really has no diff. In practice, when talking to freight forwarders, we in the export import biz don't actually differentiate, we use LA and LGB interchangeably
As a truck driver I can tell you this… The shippers are rats, One of the biggest reasons truck drivers don’t move their freight is because of the absurdly low rates that they’re trying to pay to have us move their cargo And as a Videos said the warehouses are not moving fast enough, Their employees are not going to work their butts off if the warehouse employers are paying them minimum wage
The ships are unloading Maritime containers locally more and transferring them to road containers to get them back on ship quicker and not pay the train companies, this is adding to the clogging of the ports and screwing up the drayage and rail part of the Intermodal system th-cam.com/video/O0W5mck7OJU/w-d-xo.html
This is what you get with a Transportation Chief, Mayor Pete, taking 2 months off for "maternity leave". I guess it takes a long time to recover from passing baby twins through his @nu$, and that's only the 4th largest objects to pass through there.
Facts….they do these bs videos, courtesy of them to inform us what is really going on…not my fault, tag you it…but WE THE PPL ARE THE ONES PAYING FOR THEIR ENTERTAINMENT…..they probably betting on who are the fools that’s going to pay ten times more for a Barbie doll made in China….smh.
Facts….they do these bs videos, courtesy of them to inform us what is really going on…not my fault, tag you it…but WE THE PPL ARE THE ONES PAYING FOR THEIR ENTERTAINMENT…..they probably betting on who are the fools that’s going to pay ten times more for a Barbie doll made in China….smh.
@@laurastahlschmidt2424 Everybody had lockdowns and aren't doing as bad as we are. 24/7 shifts don't do anything when you still cannot get the containers of the docks. This is much more a logistics problem than a labor one. There is no reason why cargo containers aren't standardized so it doesn't matter what the color is, you should just be able to swap an empty one for a full one. We haven't invested properly in infrastructure for decades and it's finally catching up to us. Even with all the new money for infrastructure that just passed, it will take years just to catch up to current demand and it will take further investments to plan and build for the future.
I am from Europe, shipping and port companies are absolute THIEVES and are now free to charge exorbitant fees just to unload. We are frantically trying to find a port master that is not on their pay list. We contacted the port of X in Europe to lodge a complaint, and the response came not from the port authority, but from the shipping company, mocking us.
@Roman Varl, and people want to believe that the 'other' has taken 'their jobs' without remembering that thingy called *NAFTA*. The US makes *nothing* any longer because of that corporate bottom line (NAFTA).
@@tylerw9160 They could if there was a higher standard of living for blue color workers by bringing back at least the skilled manufacturing. Germans don't have a problem paying for German goods.
"Fun Fact: Things Made In The U.S.A DON'T get stuck in cargo ships/yards!!!!" - This is often not true. Just because something is made in the USA, doesn't mean that manufacturer doesn't source their materials' from overseas. I have plenty of suppliers in the USA that cannot fulfill orders because the Tier 2 suppliers are overseas. Its a trickle effect....
Perhaps if the “second tier suppliers” weren’t overseas but HERE, it wouldn’t be a problem. Of course their are resources needed from overseas but the fact is outsourcing our industries, manufacturing to Red China and other over seas countries put us in this situation, return it, we could be more self sustaining
I'm a trucker.. this is compounded because of CA insane over regulation of trucks. Small trucking companies don't want to get trucks backlogged into this log jam. Who wants to sit in line for a whole day making no $$?
I have a trucker friend that foresaw the backup when big box stores started closing and told me to invest in Maersk. They say 68% on here, but for my quarterly earnings on my August statement, it was up 82%
I hope so. It may incentivize companies to invest in local manufacturing. . . good for everyone (except transnational corporations) and the planet. Reminds me of the thought. . . If the US imports cookies from Germany, and Germany imports cookies from the US, wouldn't it make more sense just to exchange recipes?
@@markdavich5829, I just heard a cattle farmer in Texas I believe it was ? Say there is no shortage of beef in this country for the prices to be going up like they are. It’s the companies who process the meat and sell it. That’s where the price is coming from. So yes I would say these companies are price gouging the American public.
I work in the home furnishings industry. Telling customers that I cannot have their furniture delivered until April and May is really hurting everyone. Our nation is in a deep rut
I work selling windows and doors and I'm having people walk away because we are not three months out for all custom orders. We are going to a horrible place in the ext few years.
@Summit Support Service sorry to hear that. These guys at the top are hurting the economy so bad they don't even care. Will the profit now we go poor later.
Fortune 500 companies are making record profits as well. I don’t think industry is any hurry until they suck the stimulus money dry from everyone’s pockets.
The irony of costs for excessive holding of rail cars (demurrage) is that they are intended to incentivize the owner of the cargo to unload and free up the rail car quickly and not to treat a rail car as an extension of their warehouse. In this case the owners of the cargo are prevented access to their goods by the carrier. Current logistics practice in the US is a shambles..
But the ships are unloading Maritime containers locally more and transferring them to road containers to get them back on ship quicker and not pay the train companies, this is adding to the clogging of the ports and screwing up the drayage and rail part of the Intermodal system th-cam.com/video/O0W5mck7OJU/w-d-xo.html
They are unionized. Their pay is a negotiated contract between the Unions and their companies. Consequently, if they do not have a livable wage, then they need to address the issue with their Unions who they pay dues to represent them.
@@LEVELGAZANOW…..or they just need to get the education and training required, in order to get them the higher wages they are after. Unions aren’t really that necessary today; although they were very much necessary at one time.
They're laughing at everyone who believes this is unintended and even harder at those suffering the consequences of this strategic internal demolition.
The real problem here is that every corporation has their supply chain overseas, mostly in China, instead of anywhere local in North America. They won't even set up shop in Mexico if it means saving a nickel. This is a problem of the free market's own making. We need higher tariffs for imports from overseas and we need to use that money to invest in automation in manufacturing to produce goods in the US for a cost that is similar to low wage workers overseas. It's not just about keeping the prices of goods from spiraling out of control, it's a national security weakness to have everything being manufactured by your enemy
After watching this and giving my outlook from a truckers perspective, I'd blame the logistics of the ports and rail services. If you can't store empties because of space, there should be a yard specifically for that and trucks should be coming the ports with chassis like thousands of them and the rail needs to have lanes of empty rail cars ready to be filled to eliminate back up issues. There should be plenty of container yards within the country, warehouses ready to be filled, and more ports within the country along the ocean borders
Pete Buttigieg ignored this issue, Biden ignored it, the slew of ships waiting dropped anchor and cracked open an underwater pipeline (now you hear nothing about that).
@Judith Chambers a lot of people got caught w their pants down. so called Smart Money doesn't look that smart. in the face of our 1st Pandemic in over a 100 years, that seemingly came out of nowhere, we were certainly not prepared. you can not create the infrastructure or talent to handle this surge w a snap of your fingers. there's a German word for taking satisfaction in others failures, = Schadenfreude. I haven't experienced that in this, not even briefly fleeting
@@b.l.8611 I hear you. Unfortunately, those truck only get about 7-8mpg and diesel is well over $4/gall. in California. Many of those drivers are self employed. Who is going to cover there extra costs of going to and from the military base?
It looks like CBS News went out of its way to interview everyone BUT the men and women who work those ports. The ILWU is the union that staffs the ports up and down the West Coast, and they have been vocal about this problem. The ILWU local in the San Francisco Bay Area say they have port workers sitting idle and could easily be taking these cargo ships. Why won't they be diverted up there?
It's possible that the workers can't talk to them anyway. Most companies have a media relations person and the workers aren't allowed to talk to the media without risking their jobs.
@@Jacaerys1 I believe the question is: Why not have the anchored ships pull their anchor and move their floating vessel to a different open and ready port just north of the backlog. At this ready port, workers are allegedly sitting idle and could assist. Surely them unloading ships at the San Francisco port instead of sitting idle would help, right? Fast Track? No. Easily? No. But FASTER than what we're doing, it would seem.
True. Propaganda needs media to be spread, there is no way to justify "high prices and shortages" if there is no carefully manufactured scripts on those culprits attacking our "consumerism". The opinion of people doing the dirty work on the inside will destroy their propaganda.
No it doesn’t. It has nothing to do with China. This was by design. If we manufactured everything here, the crysis would have been designed in a different way. This is about rising prices, making it harder for the common family to survive. The mark of the beast is here. What I know is this, this wasn’t done by accident, neither was Covid-19. We need to think critically about this.
@Private Person I don't want to go back to the '50's, but remember during the outset of the pandemic we didn't have enough ingredients for the medicines we needed or masks or medical equipment? It was all being imported from China and China had their hands full dealing with their own emergency so we ran short of everything. And now this.
@Private Person Things were cheaper to produce domestically because the cost of living vs minimum wage was smaller than it is today. If by comparison to Vietnam or India a worker can survive on less $ then the overall cost of labor is less. The cost of living has been so inflated and commodified that equal quality of lifes in the US vs vietnam or china are drastically different. A manufacturing job full time will pay for all your needs and costs in vietnam, but in the US you will be forced to take a night job to pay bills.
These cargo companies are price gouging... and they’re not paying employees more. Make these port jobs the most coveted jobs in the country and the freight will move. Make trucking a 6 figure job immediately and the freight will move. You have to give people incentive to do this work.
The port jobs in LA are the most coveted within the trucking community, the unions run the ports and most employees get paid ridiculous wages. The issues they are virtually unfireable and have no incentive to work harder. I’ve been dispatching for 7 years working directly with them, and it’s extremely rare to find someone with a sense of urgency willing to help truckers ingate empties and extracting loads.
@@fr2ncm9 Higher cost of goods lower demand and reduce port congestion, so yes, pay truckers 6 figures, sell microwaves for $1,000 and the supply chain is fixed. No more backlog.
These ports are owned by china based companies not by the cities they're in nor by america which is why china is purposely disrupting the supply chain.
@@billorights1596 You DO realize that there are people who eat almost nothing but fresh food and veggies, and still heavy, right? While yes, food choices can, and do, cause obesity, many people who are heavy have medical disorders that cause it as well.
The American media is silent on what is happening in China. Rolling blackouts due to China boycotting Australian coal, recent notices to stock up on food by the government, and multiple "accidents" causing massive explosions. Dictators like to start wars to distract from local problems, Taiwan anyone?
@@BridgetKF People don't exercise, they don't practice portion control, they think that just because they're eating veggies that they can douse those veggies in fatty sauces or cook them with large amounts of oils and fats. It's crazy how when I go to Europe, where people actually walk on a daily basis, I rarely see fat people.
@D Nutz I'm aware of the "calories in / calories out", thing. However, there are genetic disorders that, short of starving one's self, quite literally, to near death, the body is nearly incapable of losing weight very quickly at all. Those that suffer from those disorders are often heavily judged and people will say nasty things like "you eat too much junk food" or "you're fat because you eat too much of everything", or "you're effing fat because you're lazy." I can tell you, from experience, that there are genetic conditions that cause obesity as well. I'm one of those individuals. I eat one meal a day, nearly eat a pure vegetarian diet, and due to my disorder I eat less than 900 calories a day. I also go for long walks and take to the gym. To make up for missing nutrients, I take vitamins with water. I'm still very overweight. I have a severe genetic disorder. Now, the ONLY way I'm going to lose down to a "normal" weight, is to stop eating, entirely, for several months, possibly for nearly a year, and drink nothing but water. Of course, that would lead to me actually dying. Now if you're advocating for someone with such a condition to just DIE, I gotta wonder what's wrong with you that you'd rather someone die than simply live as healthy as possible. Now, that being SAID, what does a person's eating habits, and genetic conditions, have to do with the broken American supply and shipping systems?
6:45 There is NO SHORTAGE OF TRUCKERS! Go and see the lines! When truckers can't find a chassis any where in the city, how can we show up??? #blamegame
This supply chain crisis is by design all engineered by the agents of satan/nwo who want the great reset. World govts are colluding together at the expense of their own citizens to usher in new world order. Military checkpoints will be set up on us interstates for covid vaccination certification. Camps will be activated around the world. Police state/genocide is coming. New world order led by obama and pope francis is coming. Jesus christ is coming back for the rapture. Get ready. Dont believe the coming ufo alien abduction narrative
If only the overvalued USD hadn't forced production to go overseas. Having the primary world reserve currency forces a US trade deficit, and not just with China. Can't have your cake and eat it too.
If only average Amazon consumer stop looking for the cheapest, start paying attention on that sellers page where is their headquarters based off. Over 50% of current 3rd party sellers on Amazon are direct chinese sellers offering reversed engineered, copied inferior products, once invented by genuine American brands. If only Amazon, the US online shopping marketplate monopoly would stop carrying about profit only and stop giving advantage to Chinese copycats selling inferior products and counterfeit, if only local goverment regulations and restrictions on city, county, state, federal level were easier so that actual American brands and manufacturers would be givdn a chance to try in-house manufacturing while staying competitive? This is not a 1 day problem solved.. it will take decades to correct the current situation.
even if you don't outsource, someone else would, and someone else's product is much cheaper than yours, forcing you to rethink your decision and eventually still outsource it to keep your business going.
Other countries (China) have such efficient systems that subsidize costs for the laborer/worker that America cannot bring back the jobs--it's simply too expensive. We're simply forced out of the market. Health care, education, and transportation are great examples. What we're seeing is the culmination of decades of neoliberal globalization collapsing on itself. The derivation of the current economic malaise has to do with the pandemic, the pandemic just revealed what every semi-conscious person knew was happening. Covid is an afterthought if anything. The current state of the global market system is simply benefiting China as they will economically shift inward and further cement their economic security and prowess. Projections for further Chinese economic dominance has been accelerated. Meanwhile we're seeing higher inflation and lack of goods while there's a huge labor problem. Capitalism is ending/evolving whether we want it to our not.
Sadly, no. And now we pay $15 for Americans to flip burgers (we know who to thank for that). So probably it will never be advantageous to manufacture here.
@@markwilliams6196 "we know who to thank for that" People with morals? Nobody wants to serve you a burger, unless they can put some arsenic in it. It's the cost of health care. In other countries that is a government program. If manufacture was done here, how would it be shipped to other countries? This is a third world country. You don't see corps plopping down mega factories in Africa.
I work at the Seattle Tacoma ports for the last 12 years here is the problem we are having. 1. No chassis to pull the loads 2. Warehouses are not unloading fast enough. 3. Some terminala are not accepting empties leaving us stranded with empty containers and a chassis we can reuse. 4. The port should have been working longers hours and 7 days straight but they haven't changed nothing so far.
@@acbulgin2 I agree with the majority of this, and agree that money only has the value we give it. However, I'm not sold on the idea that trade should be done only with material goods (if I understand your post correctly) because having what is known as a "coincidence of wants" is very rare, which is why people invented currency in the first place. Our mistake is allowing the government to control the currency.
Outsourcing is the cost of this! build in America 🇺🇸 buy in America 🇺🇸 companies moving to China 🇨🇳 because of profits 📈 now will lose cheaper isn't always better !
When or if manufacturing does move back to the US, Americans will be complaining about skyrocketed prices of goods. Why do you think companies moved out of the US in the first place? This is just how economics and capitalism work. If the average wage in the US is the same as that in China, I’m sure manufacturing will be back in no time. You just can’t have it both ways.
@@doniel2008 Thank you for keeping it real. All these fake anti-globalists love to virtue signal with their fake "Go U.S.!" while shopping at Walmart and Target and stores that would be out of business if not for the cheap goods from China.
I'm a trucker and my only comment is that if a truck driver sits around for 24 hours making no money, no one cares, and this happens far more often than you could possibly imagine.
At no point do the mention the actual problem as being the actual problem. Rampant consumerism. How about just stop buying tons of crap that you don't need?
@@pearla4731 Did you not watch the video? There is so much junk piled up that the business owner can't get to their stuff because other stuff is piled on top of it. And that is just one of the problems. All stemming from people buying tons of crap because of the pandemic. The current system can't handle this much demand because a bottleneck has been created.
We are forgetting another major issue. The "brokers". They are taking advantage of the truck drivers. So that results in drivers rejecting loads for paying to low, but yet they are making record breaking profits. Please can anyone explain that.
Actually, Trucker pay has gone up 15% for Hub Group, Schneider and JB Hunt. I cannot speak for other companies, but those 3 I know. They are competing for drivers and they are increases driver wages in the process.
Because the city builds and controls the facilities, not the federal government. If you build it, they will come. It's a guaranteed money maker for cities with waterways.
@@bzdtemp no he is right, china owns the majority of all shipping ports in the u.s., just look up mitch mcconnells wife and the company her family owns
@@dougmoore4653 nope China has no control or investment in us ports . No foreign company is allowed in so that’s one reason USA is in such a mess but don’t forget the unions …highest paid jobs in America and many are on the rolls and don’t even need to turn up . Complete resistance to modernisation as well
Everyone is getting price gouged from small businesses to workers to consumers while a few CEOs at the top of these chains are making record profits. Inflation is NOT caused by these supply chain issues, this is just an excuse to charge everyone more and especially to avoid paying workers more.
@@ddcc66 how does the government confiscating less cause a problem? It’s not like the government actually runs on tax money, why anyone has to have their income confiscated is crazy. The government just prints what it needs.
And don’t believe its just one political entity either. I can already see narrow minded people screaming BIDEN this TRUMP that….. They’re all involved. Democrats and republicans making money of this
That would be because the US has a hard time competing cost wise on the world stage. As Americans only a small percentage of the working population would be able to afford US made goods. And compared to other countries our individual income is pretty strong.
Yes, the economy spent many decades switching to Just in Time manufacturing to cut costs. Orders are no longer put in anticipation of demand, rather it responds directly to it. It means the system is completely reactionary and vulnerable to disruptions in the supply of goods at any point.
There definitely seems to be a lot of issues within the supply chain but we can't ignore the fact that we do over consume. With the population growing the way it is and the ever increasing need to have the newest items, it just will not be sustainable to continue to consume the way we have.
Evidence for this please. Too many people on here are making claims about things they probably have no clue about. How are corporations pocketing money on extra shipping costs they have to pay. Also, how is it not due to demand? We are coming out of a global pandemic where people are starting to spend more.
LA port director: "We gotta get the workforce in the trucking and warehouses that matches the ports" Hiring companies: best we can do is 10 dollars an hour
Ports are robust because for the last century the most organized workers and union has been longshoremen. You get better paid in that job than teachers, medics, doctors, or any other logistics field.
It's not even $10 an hour. A truck driver said that nonunion contractors are paid by the load and pay their own expenses. With the congestion lines they're losing money instead of making money on their trips.
@@Gyvie-marie Independent truck drivers are making a killing right now. The way to do is own your own cab, use one of the apps to pick up cargo and negotiate the price. People will pay top dollar to move goods, if you work for a trucking company, they'll just reap all the profits for themselves.
@@eliasadam2345 there is no negotiating price, shippers put out what the load pays and you take it or not, and truck owners are not making record profits, they are facing massive costs with trucks that last 5 times less than what we used to get out of them, our operating costs have tripled with more down time for repairs, its hard to find a truck repair shop that is not 3 weeks out getting to your repair
Only union workers are allowed to unload these ships. Then the trucks have to meet the tightest fuel emissions. People are now paid to stay home. The sum of all this is creating a huge backlog.
I had heard about this for months but we flew into LA the other day and I saw the ships with my own eyes. It’s unbelievable to think about the millions of products that are just anchored off shore because the ports are already full. Insane.
California's Governor banned trucks made before 2011, the number of vessel have remained the same as last year. Look at how many trucks are available to transport those containers. The Liberal Media won't tell the truth. In Oakland you can see there are no trucks to move those containers. It's not the ships It's lack of truckers.
Glad to see this 60 min episode. I’ve been going through the same issues with my company. I paid millions of dollars in absurd premiums and fees. Companies can’t survive the super inflated container prices, random demurrage fees and prolonged delays. The ocean liners and freight forwarders are all getting filthy rich while US companies and the American people suffer great losses. It’s highway robbery and we have little leverage to stop them.
@@muzerhythm2242 Now the administration wants to not have the container ships at anchor off the coast. But wants they floating around in the pacific, wasting fuel instead of at anchor. So to fight air pollution near the shore, they create even more out in the pacific where it will eventually blow towards land anyways. So out of sight, out of mind. Like the tons of pollution in the factories over in China.
In contradiction to what 60 minutes reported, these ports are not owned by the cities they're in nor america..... they are owned by china based companies and are purposely disrupting the supply line and delaying everything. They delay trucks for hours upon hours to check out a container and don't want to pay demurrage time so it's not feasible for trucking companies to have their trucks sit all day and lose money.
The question is are you willing to pay 4x the price for American made goods? Minimum wage here is around $8 in the cheapest of states, it's maybe 50 cents an hour in china. I've tried manufacturing in the US. The cost is too high, and that makes my prices so high, no one would buy what I make. I've tried, trust me, the best I could find was 4x what china would do it for with shipping included.
@@heyaisdabomb I don't doubt what you're saying is true. My question is, how did it work in the past when we built an American middle class? We can't do what other countries do?
No all your products are parked on the side of the road while the driver sleeps in the cab because he is homeless... no rentals availibel and even the worst hotels charge $120/ night.
The problem here is Americans are not willing to pay American wages for American goods and Americans can't and are unwilling to work harder and compete with the rest of world.
Requires a Big socialist policy telling business they can only use domestic products to run and build… and then ya know there’s the whole gigantic price increase (unless we use robots for most of our labor.. and power them with free energy…). In other words that idea is not all sunshine and rainbows.
@@Krizbonz Made in America is a great political propaganda but it will never work when Americans are not willing to make sacrifice and can't compete with the rest of the world. Global economy is a fair game.
The Ports are to blame. As a trucker and married to a marine clerk at the ILWU. The Ports dont want to update their systems and make it more automated... Thus creating more union jobs.
While there's plenty of blame to be distributed and I understand the issue with the ports for I worked extensively with container port terminals for over 20 years, I also live with someone who not only worked as a shipping agent for many years, managed a port terminal for several and has been working the last 15 years as an importer of commercial packaging for some of the largest companies in the US. For the last two years I have witnessed first hand (on a daily basis) the escalation of freight charges by shipping lines for no apparent reason. That is NOT the port's fault or trucking lines or rail services. As the episode indicated, improvements at port facilities are under the jurisdiction of the municipalities they are located. My front row seat to this supply chain crisis confirms that no single sector is solely responsible but the shipping carriers most certainly shoulder a large portion of the blame.
@@psymi-hk1fp voters can't vote international shipping carriers out of office. Voters would never have voted for their local governments to appropriate funds to modernize container port systems. Voters don't care about truckers or railroad services.
Americans have a choice to make. Either keep importing cheap goods from overseas (made by sweatshop labor) or buy goods made by Americans and pay slightly higher prices.
Good luck with that. Apparently cheap goods + expensive overseas shipping combined is still less expensive than producing goods in the US. Apple could have built their iPhone in the US but if that happens, an iPhone would have cost $2000 dollars and thus make them less competitive. That's why they only kept high tech jobs in the US and outsourced manufacturing.
For over 20 years I worked with shipping lines, container terminals, trucking lines, you name it. My significant other started off as a ship agent eventually landing herself as an asst. mgr. of a shipping terminal. For the last 20 years she has been a general manager of a packaging manufacturer. Like all things their US manufacturing operation was rendered non- competitive with Asian producers. So the last 15 years of that time has been strictly importation of the same goods they produced. Between the two of us we have seen every aspect that drives this supply chain and for the last 2+ years have been on the front line of this crisis. I read a lot of very uninformed comments here stating tired old mantras like "BUY US" or ridiculous opinions like placing blame on the Dems, secretary of trans., Biden and making claims that "Trump wouldn't have let this happen" (Spoiler Alert: the supply chain crisis started on his watch and yet it's not his fault either!). Simplistic solutions will not resolve this problem. 60 minutes spelled it out very plainly. The only fault I would have with it is this problem is not restricted to the US. THIS IS NOT A PROBLEM THAT WAS CAUSED BY POLITICIANS AND IT WILL NOT BE REMEDIED BY THEM EITHER!
I’m agree with everything you said except “THIS WAS NOT A PROBLEM CAUSED BY POLITICIANS” The stimulus Bills passed (by both the Trump and Biden administrations) during COVID was a very significant contributor to this problem. If we are going to lock down the economy to slow the spread of a virus, that should mean that we all need to lock down and make sacrifices. Sitting at home buying things on Amazon is NOT A SACRIFICE! All of the economists that I listen to predicted that shutting down the American service industry and then giving every American thousands of dollars of printed money to spend on products made in China would lead to supply chain problems and an inflation crisis. There were underlying problems in the supply chain to begin with but stimulus bills and the extra unemployment benefits are the tsunami that triggered the current mess that we are in. The responsible thing for politicians to do would have been to let the dollar deflate until COVID was over, then maybe pass stimulus bills to get the economy moving again, AFTER the coronavirus passed. They could have done rent and/or food vouchers during COVID for the people that needed it, but giving people thousands of dollars of straight cash is recipe for unintended consequences (not to mention the debt we incurred that we are also going to need to deal with). Your right that politicians are not going to be able to remedy the problem now that the bear is out of its cage.
The solution I’m taking is making myself available to everyone I have on my gift list is to use my help with any type of task on their To Do list. My presence will also serve to get back into family and friends relationships lost during this Pandemic. I have always thought that a father is not someone who buys you a gift on special occasions. A father is someone who is there to teach you and guide you so when you spread your wings there’s less bumps and bruises. Wrapped gifts are nice but I’m not going to gift the greedy.
Thank you Juan. I'm afraid people aren't bringing up the elephant in the room: consumerism. From what I've read and heard from people working in the supply chain, this was inevitable given the consumer boom of the pandemic. I hope that higher-priced good help people prioritize where/how they spend their money.
Minimalism! We’ve stopped buying “stuffs” for Christmas gifts for years. There are many other ways to celebrate the holiday season… no more pressure, no more rush and we feel so good!
Hopefully people will learn to look beyond the singleminded pursuit of the acquisition and consumption of foreign made goods and do more environmentally friendly reuse and recycling and locally made products...
There are more than enough outside truckers that are willing and capable of handling this amount of cargo. And good minute that. But my coworkers don’t always treat them properly or efficiently.
This is the beginning of the end of extra long global supply chains. Now is the time to reshore, or at least near-shore industry. Automation and robotics have made it cheap (finally) for major industries to return.
Let say we want to make fur toys again in US , say Ohio, lol! You have to have someone provide you the little button eyes, tiny zippers, the stuffings, little hats...... so on, it is called the supply chain. No to mention the labor union, medical insurance. In the end, your little teddy bear is going to cost $25 to make, who you are going to sell to?
This is happening LITERALLY in my backyard. Wilmington, CA (aka the Heart of the Harbor) is the port of L.A. Cargo trucks were being parked in local neiborhoods. 😳
Where else are they supposed to park? The nearest decent sized truck stop is in Ontario which is about 50 miles away. Maybe the residents that live in that area should petition local government to allow the drivers stage at the Long Beach aquarium where there is a huge parking lot.
@@thecandyman9124 well where are residents suppose to park? They get f*cked over if they park illegally. It shouldn't be the people's responsibility to find parking for these trucks.
@@loui30 I agree and that's what I was saying. The drivers can't park anywhere close to the port because Californians hate big trucks. So where are they supposed to park? I know it's not fair to the residents like yourself that have to deal with parking issues but where are the drivers supposed to park? It's cheaper for the truck drivers to pay a parking ticket than it is to keep driving back and forth to a truck stop 50 miles away. Unfortunately the issue will just keep getting worse.
I I don't buy stuff that I don't need.. I have to convince myself that I need it.. I drive a motorcycle ( even in winter) I may get some heated gear this year. I don't like spending the money for it.
The Ports are to blame. As a trucker and married to a marine clerk at the ILWU. The Ports dont want to update their systems and make more automated. Thus creating more jobs for the unions.
Hearing the man from Learning resources talk about the increased costs of containers and storage fees I can understand why goods have gone up. It starts at the top above these smaller companies.
Do you have an idea of why this is happening? I would enjoy hearing another theory. Actually, I would love to know someone else has SOME idea about what’s actually happening. I don’t think we can change what’s being done, but Americans at least deserve the truth. We are being manipulated, and lied too.
Stop pointing fingers, isolate the problem and get the job done. 50 years ago we did what some say was impossible; we put a man on the moon. Now, 50 years later, we can't move a package from a local port to anywhere in the country. It's the truckers fault, no it's the shippers fault, no it's caused by backup in the supply chain, no it's caused by a shortage of workers, no it's this, no it's that, and meanwhile nothing ever gets done. What there is no shortage of; is excuses.
We don't want to talk about it because wages are so far behind now. A living wage falls somewhere between $50 and $60/hr now. People have been sacrificing in order to keep working. More people are now able to survive easier by not working than by working. 14/hr is starvation wages.
Well I’m a trucker and I’m ready to work just as soon as a company wants to pay me a livable wage. 14/hr isn’t it. Most don’t pay truckers hourly and if you sit at the dock for 10 hours it’s all unpaid for the driver. No thanks. Rather see it all collapse. The signs have been there for years and they ignored it.
Hopefully you can get those wages and value you deserve and produce! Solidarity to you and good luck
@@electronic_bunny Hopefully. Thank you!
I am so sorry. I see truckers everyday and pray for them as they go by- it’s a tough job and you do not get compensated for what you are worth.
@Judith Chambers I completely agree with the gist of your statement, but I take difference to the fact that you are putting dockworkers and truckers in the same bucket. The truck drivers are pathetically underpaid, while the dock workers with experience make 150 grand a year easily with some overtime, and they’re not generally speaking hustling their butts off at the truck drivers are.
$14h?You need to move into a different field of trucking my man
This is one of the oldest tricks in the book. Create a problem, then sell the solution.
🎯
I would ask the Transportation secretary what's going on but he's been out on paternity leave for 4 months with his husband I'm sure he doesn't know what's happening.
@@tonyrains217 Perhaps you missed the part where this started long before the Biden administration.
@@frankd.506 Let's go Brandon
@@brendaforliberty6836 LET'S GET BANNON
13 minutes of each part of the supply chain blaming each other.
Yeah. For a video titled “what caused America’s supply chain crunch?” I sure did not learn a thing about what caused Americas supply chain crunch.
@@innout6707 8:00 is the bottleneck
@@innout6707 , Oh I knew what it was before I even read the title. It’s called incompetence in management. Now it’s just to determine if they’re doing it on purpose. Which I believe they are.
The ships are unloading Maritime containers locally more and transferring them to road containers to get them back on ship quicker and not pay the train companies, this is adding to the clogging of the ports and screwing up the drayage and rail part of the Intermodal system
th-cam.com/video/O0W5mck7OJU/w-d-xo.html
I survived the UPS strike of '97 which was bad. I worked for a large road feeder service and we were putting in insane hours and a nonstop pace. Literally as soon as you hung up the phone it was ringing with people waiting on the other end to scream for their stuff. This current situation is by leaps and bounds worse. Some of it can be blamed on Covid but a lot of it, the signs have been there for a long time. Antiquated systems, people burning out and not getting paid enough, dependence on foreign manufacturing. It's all coming to a head. I dont think we've seen the worst of it yet.
this comment is vastly underrated
Spot on.
So true and add on Items not being made in the USA. Corporate greed is the problem too.
@@CGAZ66 That's a big on pick the money don't reinvest for the long run take the profits now
As a seasonal package handler, a driver once told me about how bad things were after unions (broke up?) in the late 90s there too.
Tons went on strike, friends became enemies as some stayed and others striked, and human resources hadn't been the same since. Eventually UPS went into revolving door status since they apparently started taking anybody for driver positions. Workers were being stretched to the last penny and new hires didn't know what level of labor they were signing in to.
Maybe the real solution is to stop buying so much crap you don't need.
Tell the cargo ships to go back. We need the green paper, not goods.
The world is fukt
Maybe you should oppress yourself and stop projecting
I don't care what nobody says.....I need that new flat screen I just ordered.
or start manufacturing more 'crap' here?
Pardon the language...but this isn't the definition of a "bottleneck" it's the definition of a clusterfuck.
Pretty sure that an actual Bottle Neck is the very definition of a bottleneck!
@@ErikMeinhardtAnacortes No that's not true!
It is a deregulation clusterfuck. Welcome to unfettered capitalism & the "free market"!
are chicken eggs also shipped in these imported freight. 60min reaches a new low of USG intel propaganda. the spokesman another Borat emptysuit. crude too. disconnect
You must be a carpenter because you dam sure hit the nail on the head witch they are not using
it doesn't help that everything we need has to be delivered by ship from Asia. That is our fault, starting from the 80's
Yup. But all of the Buy American are “just a bunch of racists.” We gave our power away years ago.
Mexico factories don’t seem so bad suddenly!
Yes, just look at the show SHARK TANK, Mr Wonderful and the rest of the cast making billions off the Chinese production of goods for America!!
Chinese pretty much own us now!!
Flag-pin wearing Chamber of Commerce Republicans fought hard for this. I believe the cry was profits simply not high enough.
Hate to break this too you but try the 50's
Interestingly there was a time where we exported more products than we imported. Then came outsourcing. We have felt the sting of outsourcing for decades now.
Corporations and Businesses will always chase the lowest labor cost. This is just the nature of Capitalism and it will not change. In order to change that you would have to have Government mandate to businesses what they will and will not do, but then many people would call that Socialism.
@@jeffmason2691 As the saying goes one will pay just enough to keep someone from quitting, while one will work just hard enough to keep from being fired. A perfect system isn't it?
I do disagree that anything less than corrupt Capitalism run amuck is Socialism. There can be regulations and and government that represents the people instead of businesses controlling government.
40% of all imports come through Long Beach? That's not just an economic issue, that is a national security issue.
40%?
People should have started sifting to the other domestic ports a long time ago.
Drop west coast port traffic to 20% untill it normalizes.
And. California is the only state that restricted truck intra-state travel statewide. News outlets aren't publicizing that Bull s..
It's illegal for older trucks to even go into Comifornia. To help haul products.
Thanks C.A.R.B...
That’s because in the last few decades, no new ports were built and capacity expansion did not keep up either. The issue at Long Beach is a global domino effect, this report only shows half the issue. Those empty containers are supposed to come back to Asian ports to pick up products so in Asia, we are fighting over container scarcity and I had to eat my words that we won’t see pricing above 15k because the congestion is easing off and carriers are starting to ship empty containers back instead of waiting for loaded containers. In what kind of a world where prices goes up literally 10x and you get 0 assurances that what you paid for will be on schedule. Case in point, a container was booked and confirmed, the container was supposed to arrive 10 days prior to vessel departure, it cost $21k vs same container in 2019 at $2.1K. The container arrived 10 hours prior to vessel departure which means we missed the vessel loading cutoff or in layman’s term missed the boat. It was 3 weeks later before we got next available space for the next boat and we had to pay for holding that container for 3 weeks. The drama doesn’t end there, vessel delays in transit port then you hit the Long Beach traffic jam. In 2019, worst case at peak season aka year end holidays, max we would encounter is 10 days before truck pulls container out. This particular container was at port for 49 days.
Now I’m in the glove business and I know full well that if my medical grade products don’t arrive on time, it directly impacts mortality rates. I had to get new warehouses to store the products because the logistics stuff I need to ship those products like containers and vessels are all still at Long Beach. Add to the fact that China ports get priority by the carriers so despite paying almost 10x price, I’m still at the back of the queue because my products don’t ship out of a China port.
S**t show is really putting it mildly
No. 40% for two ports. Long Beach and Los Angeles combined. The former being the 2nd and latter the largest port in the us
@@WJWeber yeah but they are literally right across each other so from a geographical viewpoint it really has no diff. In practice, when talking to freight forwarders, we in the export import biz don't actually differentiate, we use LA and LGB interchangeably
Exactly!
As a truck driver I can tell you this…
The shippers are rats, One of the biggest reasons truck drivers don’t move their freight is because of the absurdly low rates that they’re trying to pay to have us move their cargo
And as a Videos said the warehouses are not moving fast enough, Their employees are not going to work their butts off if the warehouse employers are paying them minimum wage
The ships are unloading Maritime containers locally more and transferring them to road containers to get them back on ship quicker and not pay the train companies, this is adding to the clogging of the ports and screwing up the drayage and rail part of the Intermodal system
th-cam.com/video/O0W5mck7OJU/w-d-xo.html
They've been doing it for decades, though.
This is what you get with a Transportation Chief, Mayor Pete, taking 2 months off for "maternity leave". I guess it takes a long time to recover from passing baby twins through his @nu$, and that's only the 4th largest objects to pass through there.
Then try to get loaded or unloaded quickly at a warehouse, LOL 3 - 8 hour wait .
well they are minimum wage jobs, stop with the Bernie mentality
Sounds like every body is blaming everybody else and laughing while they count the money.
Facts….they do these bs videos, courtesy of them to inform us what is really going on…not my fault, tag you it…but WE THE PPL ARE THE ONES PAYING FOR THEIR ENTERTAINMENT…..they probably betting on who are the fools that’s going to pay ten times more for a Barbie doll made in China….smh.
Facts….they do these bs videos, courtesy of them to inform us what is really going on…not my fault, tag you it…but WE THE PPL ARE THE ONES PAYING FOR THEIR ENTERTAINMENT…..they probably betting on who are the fools that’s going to pay ten times more for a Barbie doll made in China….smh.
Nailed it
Notice they did not address their governor’s lockdowns or the ports lack of 24/7 labor, both occurring for months.
@@laurastahlschmidt2424 Everybody had lockdowns and aren't doing as bad as we are. 24/7 shifts don't do anything when you still cannot get the containers of the docks. This is much more a logistics problem than a labor one. There is no reason why cargo containers aren't standardized so it doesn't matter what the color is, you should just be able to swap an empty one for a full one. We haven't invested properly in infrastructure for decades and it's finally catching up to us. Even with all the new money for infrastructure that just passed, it will take years just to catch up to current demand and it will take further investments to plan and build for the future.
I am from Europe, shipping and port companies are absolute THIEVES and are now free to charge exorbitant fees just to unload. We are frantically trying to find a port master that is not on their pay list. We contacted the port of X in Europe to lodge a complaint, and the response came not from the port authority, but from the shipping company, mocking us.
Yeah BLAH BLAH BLAH BLAH ! It was SUCH a coincidence that the clueless and inept biden ushered in the problem so it was KNOWN to ALL ! HILARIOUS !!!
Maybe it's time to start considering manufacturing something in-house
@Roman Varl, and people want to believe that the 'other' has taken 'their jobs' without remembering that thingy called *NAFTA*. The US makes *nothing* any longer because of that corporate bottom line (NAFTA).
@@maryrodger5130 its not about jobs, its about sustainability of the economy as a whole
@@RomanVarl I understand that Roman, what I was doing was making another point.
For example?
Where would raw materials come from?
America made a choice 40+ years ago and the bill came due.
We chose cheap foreign made goods instead of American made.
Rome outsourced its military to Germanic tribes and everything worked out fine. Trust the process.
Most Americans can’t afford American made goods anymore
@@tylerw9160 They could if there was a higher standard of living for blue color workers by bringing back at least the skilled manufacturing. Germans don't have a problem paying for German goods.
We?
@@stevenkaminsky6319 baby boomers and their disposable lifestyle wrecked the country
"Fun Fact: Things Made In The U.S.A DON'T get stuck in cargo ships/yards!!!!" - This is often not true. Just because something is made in the USA, doesn't mean that manufacturer doesn't source their materials' from overseas. I have plenty of suppliers in the USA that cannot fulfill orders because the Tier 2 suppliers are overseas. Its a trickle effect....
Fun facts it isnt as bad as it seems
Perhaps if the “second tier suppliers” weren’t overseas but HERE, it wouldn’t be a problem. Of course their are resources needed from overseas but the fact is outsourcing our industries, manufacturing to Red China and other over seas countries put us in this situation, return it, we could be more self sustaining
Agreed. That is what peple don't understand about "Made in X country" that the parts and materials could be shipped from elsewhere.
@@pharezknights5467 tip while all the stuff on those ships turns to crap by spring.
There is a difference between “made in the USA” and “assembled in the USA”
Lot of Muricans don’t get that.
I'm a trucker.. this is compounded because of CA insane over regulation of trucks. Small trucking companies don't want to get trucks backlogged into this log jam. Who wants to sit in line for a whole day making no $$?
I have a trucker friend that foresaw the backup when big box stores started closing and told me to invest in Maersk. They say 68% on here, but for my quarterly earnings on my August statement, it was up 82%
Smart
Great friend, and great insight, listen to him more often ,
What did he tell you about investing in cryptocurrency?
The shipping companies are ABSOLUTELY price gouging. And once they go up, they're never coming back.
I hope so. It may incentivize companies to invest in local manufacturing. . . good for everyone (except transnational corporations) and the planet. Reminds me of the thought. . . If the US imports cookies from Germany, and Germany imports cookies from the US, wouldn't it make more sense just to exchange recipes?
@@markdavich5829, I just heard a cattle farmer in Texas I believe it was ? Say there is no shortage of beef in this country for the prices to be going up like they are. It’s the companies who process the meat and sell it. That’s where the price is coming from. So yes I would say these companies are price gouging the American public.
Well, Biden did just spend billions on larger ports so hang onto your butts
THE WEST IS TO BLAME FOR ALL MODERN PROBLEMS IN SOCIETY.
@@thewealthand_health its also to blame for all the positive advances in society. Eastern countries just spread viruses and cheap products
Fun Fact: Things Made In The U.S.A DON'T get stuck in cargo ships/yards!!!!
Buy usa = no problem
To be fair, they could just as easily be stuck at a bunch of train yards
Too much reliance on foreign made goods
Amen, Trump was the one who understood.
and another thing your reducing carbon by doing that do you how much ships burn compared to a truck.
I work in the home furnishings industry. Telling customers that I cannot have their furniture delivered until April and May is really hurting everyone. Our nation is in a deep rut
Smh
I work selling windows and doors and I'm having people walk away because we are not three months out for all custom orders. We are going to a horrible place in the ext few years.
@@Thelefthook13 that sucks man. It’s crazy how much the pandemic effects our life’s. Over a year later.. smh
@Summit Support Service sorry to hear that. These guys at the top are hurting the economy so bad they don't even care. Will the profit now we go poor later.
@Summit Support Service they will profit now and the poor suffer later.
Fortune 500 companies are making record profits as well. I don’t think industry is any hurry until they suck the stimulus money dry from everyone’s pockets.
I believe that
The system isn't
broken. It's just being overwhelmed by our expectations.
I believe it as well, many are taking advantage of this situation.
@@thomasridley8675 profit motive friend, above all else, is what history shows us
@@thomasridley8675 Yes, it's called greed
The irony of costs for excessive holding of rail cars (demurrage) is that they are intended to incentivize the owner of the cargo to unload and free up the rail car quickly and not to treat a rail car as an extension of their warehouse. In this case the owners of the cargo are prevented access to their goods by the carrier. Current logistics practice in the US is a shambles..
well said!
I do believe you mean 'detention' and not 'demurrage'
@@07scaper76 no it's demurrage, detention is for holding the container
But the ships are unloading Maritime containers locally more and transferring them to road containers to get them back on ship quicker and not pay the train companies, this is adding to the clogging of the ports and screwing up the drayage and rail part of the Intermodal system
th-cam.com/video/O0W5mck7OJU/w-d-xo.html
Suddenly the world sees a lot more essential workers beyond the hospitals…
I hope they are essential enough to receive a livable wage.
They are unionized. Their pay is a negotiated contract between the Unions and their companies. Consequently, if they do not have a livable wage, then they need to address the issue with their Unions who they pay dues to represent them.
@@LEVELGAZANOW Are the warehouse workers unionized too?
Every single job is essential to the people working them….
@@LEVELGAZANOW…..or they just need to get the education and training required, in order to get them the higher wages they are after. Unions aren’t really that necessary today; although they were very much necessary at one time.
They're laughing at everyone who believes this is unintended and even harder at those suffering the consequences of this strategic internal demolition.
The American Way
I agree with you !!! Stupid adults trying to manipulate the greatest free country on earth !! All for greed of a stinkin dollar ! 🤯
The real problem here is that every corporation has their supply chain overseas, mostly in China, instead of anywhere local in North America. They won't even set up shop in Mexico if it means saving a nickel. This is a problem of the free market's own making. We need higher tariffs for imports from overseas and we need to use that money to invest in automation in manufacturing to produce goods in the US for a cost that is similar to low wage workers overseas. It's not just about keeping the prices of goods from spiraling out of control, it's a national security weakness to have everything being manufactured by your enemy
Too little too late mate
This right here. This year is a mess, but maybe it can be modernized and resolved in 5 years or something.
@@andresjg6 Modernize and catch up with the rest of the modern world, and the USA won't do that because "Whine - we won't make as much money then!"
Wasn’t Trump in favor of tariffs for imported goods? Oh but Trump was SO bad….serves you all right.
won't those tariff prices be passed on to the consumers?
After watching this and giving my outlook from a truckers perspective, I'd blame the logistics of the ports and rail services. If you can't store empties because of space, there should be a yard specifically for that and trucks should be coming the ports with chassis like thousands of them and the rail needs to have lanes of empty rail cars ready to be filled to eliminate back up issues. There should be plenty of container yards within the country, warehouses ready to be filled, and more ports within the country along the ocean borders
I agree. Drop the containers in the Mojave for the time being. There's plenty of room
Pete Buttigieg ignored this issue, Biden ignored it, the slew of ships waiting dropped anchor and cracked open an underwater pipeline (now you hear nothing about that).
@Judith Chambers a lot of people got caught w their pants down. so called Smart Money doesn't look that smart. in the face of our 1st Pandemic in over a 100 years, that seemingly came out of nowhere, we were certainly not prepared.
you can not create the infrastructure or talent to handle this surge w a snap of your fingers.
there's a German word for taking satisfaction in others failures, = Schadenfreude. I haven't experienced that in this, not even briefly fleeting
Use the Military Bases near the Ports? Military can help with the transport of the empties.
@@b.l.8611 I hear you. Unfortunately, those truck only get about 7-8mpg and diesel is well over $4/gall. in California. Many of those drivers are self employed. Who is going to cover there extra costs of going to and from the military base?
It looks like CBS News went out of its way to interview everyone BUT the men and women who work those ports. The ILWU is the union that staffs the ports up and down the West Coast, and they have been vocal about this problem. The ILWU local in the San Francisco Bay Area say they have port workers sitting idle and could easily be taking these cargo ships. Why won't they be diverted up there?
It's possible that the workers can't talk to them anyway. Most companies have a media relations person and the workers aren't allowed to talk to the media without risking their jobs.
@@Name-cz5jj true investigative reporting is DEAD!! All we get now is the party line
You can talk all you want to, but there Is no damn way workers are gonna fast track their way through hundreds of backed up container ships easily.
@@Jacaerys1 I believe the question is: Why not have the anchored ships pull their anchor and move their floating vessel to a different open and ready port just north of the backlog. At this ready port, workers are allegedly sitting idle and could assist. Surely them unloading ships at the San Francisco port instead of sitting idle would help, right? Fast Track? No. Easily? No. But FASTER than what we're doing, it would seem.
True. Propaganda needs media to be spread, there is no way to justify "high prices and shortages" if there is no carefully manufactured scripts on those culprits attacking our "consumerism".
The opinion of people doing the dirty work on the inside will destroy their propaganda.
I’m speachless
It highlights the problem of buying too much from China and we don't make enough of our own goods anymore.
Look up fiancialization.
No it doesn’t. It has nothing to do with China.
This was by design.
If we manufactured everything here, the crysis would have been designed in a different way.
This is about rising prices, making it harder for the common family to survive.
The mark of the beast is here.
What I know is this, this wasn’t done by accident, neither was Covid-19.
We need to think critically about this.
No. It highlights that requiring vaccinations for people who work in the docks is a really dumb idea.
@Private Person I don't want to go back to the '50's, but remember during the outset of the pandemic we didn't have enough ingredients for the medicines we needed or masks or medical equipment? It was all being imported from China and China had their hands full dealing with their own emergency so we ran short of everything. And now this.
@Private Person Things were cheaper to produce domestically because the cost of living vs minimum wage was smaller than it is today. If by comparison to Vietnam or India a worker can survive on less $ then the overall cost of labor is less. The cost of living has been so inflated and commodified that equal quality of lifes in the US vs vietnam or china are drastically different. A manufacturing job full time will pay for all your needs and costs in vietnam, but in the US you will be forced to take a night job to pay bills.
These cargo companies are price gouging... and they’re not paying employees more. Make these port jobs the most coveted jobs in the country and the freight will move. Make trucking a 6 figure job immediately and the freight will move. You have to give people incentive to do this work.
That will increase the cost of goods. Do you want to pay $1000 for a microwave oven?
The port jobs in LA are the most coveted within the trucking community, the unions run the ports and most employees get paid ridiculous wages. The issues they are virtually unfireable and have no incentive to work harder. I’ve been dispatching for 7 years working directly with them, and it’s extremely rare to find someone with a sense of urgency willing to help truckers ingate empties and extracting loads.
Companies pay people more 😂
@@fr2ncm9 Higher cost of goods lower demand and reduce port congestion, so yes, pay truckers 6 figures, sell microwaves for $1,000 and the supply chain is fixed. No more backlog.
exactly, there isn't a "shortage" of truck drivers, offer 100,000 salary and every trucker position will be filled in a week.
maybe USA Made, Made in the USA would help?
Financialization
Greed has a price that we have not seen yet....but soon will....
Sounds like they have a genius supply chain.
it been working just fine and there's other ports on the west coast, that's not the only one
I just know it must be China's fault, I dunt know why, but it must be the Chinese and CCP.
Hybrid warfare, or whatever it's called.
We
These ports are owned by china based companies not by the cities they're in nor by america which is why china is purposely disrupting the supply chain.
Holiday presents are the least of people’s worry….food should be on people’s minds.
Source your food locally.. stop eating out of boxes.. stop being obese..
@@billorights1596 You DO realize that there are people who eat almost nothing but fresh food and veggies, and still heavy, right? While yes, food choices can, and do, cause obesity, many people who are heavy have medical disorders that cause it as well.
The American media is silent on what is happening in China. Rolling blackouts due to China boycotting Australian coal, recent notices to stock up on food by the government, and multiple "accidents" causing massive explosions. Dictators like to start wars to distract from local problems, Taiwan anyone?
@@BridgetKF People don't exercise, they don't practice portion control, they think that just because they're eating veggies that they can douse those veggies in fatty sauces or cook them with large amounts of oils and fats. It's crazy how when I go to Europe, where people actually walk on a daily basis, I rarely see fat people.
@D Nutz I'm aware of the "calories in / calories out", thing. However, there are genetic disorders that, short of starving one's self, quite literally, to near death, the body is nearly incapable of losing weight very quickly at all. Those that suffer from those disorders are often heavily judged and people will say nasty things like "you eat too much junk food" or "you're fat because you eat too much of everything", or "you're effing fat because you're lazy." I can tell you, from experience, that there are genetic conditions that cause obesity as well.
I'm one of those individuals. I eat one meal a day, nearly eat a pure vegetarian diet, and due to my disorder I eat less than 900 calories a day. I also go for long walks and take to the gym. To make up for missing nutrients, I take vitamins with water. I'm still very overweight. I have a severe genetic disorder. Now, the ONLY way I'm going to lose down to a "normal" weight, is to stop eating, entirely, for several months, possibly for nearly a year, and drink nothing but water. Of course, that would lead to me actually dying. Now if you're advocating for someone with such a condition to just DIE, I gotta wonder what's wrong with you that you'd rather someone die than simply live as healthy as possible.
Now, that being SAID, what does a person's eating habits, and genetic conditions, have to do with the broken American supply and shipping systems?
6:45 There is NO SHORTAGE OF TRUCKERS! Go and see the lines! When truckers can't find a chassis any where in the city, how can we show up??? #blamegame
“It’s not me.” Should be the title of this story.
"Family Circus" of shipping.
This supply chain crisis is by design all engineered by the agents of satan/nwo who want the great reset. World govts are colluding together at the expense of their own citizens to usher in new world order. Military checkpoints will be set up on us interstates for covid vaccination certification. Camps will be activated around the world. Police state/genocide is coming. New world order led by obama and pope francis is coming. Jesus christ is coming back for the rapture. Get ready. Dont believe the coming ufo alien abduction narrative
If only I hadn't outsourced all of my production jobs to china.....
Hmmmm......
Would you pay two thousand for a cell phone made in US if you could buy one from China for a one thousand.
If only the overvalued USD hadn't forced production to go overseas.
Having the primary world reserve currency forces a US trade deficit, and not just with China. Can't have your cake and eat it too.
If only average Amazon consumer stop looking for the cheapest, start paying attention on that sellers page where is their headquarters based off. Over 50% of current 3rd party sellers on Amazon are direct chinese sellers offering reversed engineered, copied inferior products, once invented by genuine American brands. If only Amazon, the US online shopping marketplate monopoly would stop carrying about profit only and stop giving advantage to Chinese copycats selling inferior products and counterfeit, if only local goverment regulations and restrictions on city, county, state, federal level were easier so that actual American brands and manufacturers would be givdn a chance to try in-house manufacturing while staying competitive? This is not a 1 day problem solved.. it will take decades to correct the current situation.
even if you don't outsource, someone else would, and someone else's product is much cheaper than yours, forcing you to rethink your decision and eventually still outsource it to keep your business going.
CEOs maximizing their annual bonuses.
At $20,000/container, isnt it now cheaper to manufacture here?
Other countries (China) have such efficient systems that subsidize costs for the laborer/worker that America cannot bring back the jobs--it's simply too expensive. We're simply forced out of the market. Health care, education, and transportation are great examples. What we're seeing is the culmination of decades of neoliberal globalization collapsing on itself. The derivation of the current economic malaise has to do with the pandemic, the pandemic just revealed what every semi-conscious person knew was happening. Covid is an afterthought if anything.
The current state of the global market system is simply benefiting China as they will economically shift inward and further cement their economic security and prowess. Projections for further Chinese economic dominance has been accelerated. Meanwhile we're seeing higher inflation and lack of goods while there's a huge labor problem. Capitalism is ending/evolving whether we want it to our not.
They will let the consumer pay that cost
Sadly, no. And now we pay $15 for Americans to flip burgers (we know who to thank for that). So probably it will never be advantageous to manufacture here.
@@markwilliams6196 my local Burger King is advertising $18/hr in LA
@@markwilliams6196 "we know who to thank for that"
People with morals? Nobody wants to serve you a burger, unless they can put some arsenic in it.
It's the cost of health care. In other countries that is a government program.
If manufacture was done here, how would it be shipped to other countries? This is a third world country. You don't see corps plopping down mega factories in Africa.
I work at the Seattle Tacoma ports for the last 12 years here is the problem we are having.
1. No chassis to pull the loads
2. Warehouses are not unloading fast enough.
3. Some terminala are not accepting empties leaving us stranded with empty containers and a chassis we can reuse.
4. The port should have been working longers hours and 7 days straight but they haven't changed nothing so far.
The LA/Long Beach port is open 360 days a year from 7am to 3am .....We moved 21+ million TEUs in 2021 ....what did Tacoma move?
I have heard this too
@@TheFK8Life you legit working for China.
@@heldtoahigherstandard5915 We have the money - China works for us
The world works for us
@@TheFK8Life China works for us? You're living in a decade long ago. The US is almost completely dependent on items manufactured over seas.
Tons of gently used items at thrifts stores!
BOOM!
Business sez:
Every crisis is an opportunity for outsized profits.
Yep, and the Left loves defending those rich people while also claiming their against them.
Nope, Regulations say you can't do that. What're people supposed to do, ignore the government?
@@acbulgin2 I agree with the majority of this, and agree that money only has the value we give it. However, I'm not sold on the idea that trade should be done only with material goods (if I understand your post correctly) because having what is known as a "coincidence of wants" is very rare, which is why people invented currency in the first place. Our mistake is allowing the government to control the currency.
Outsourcing is the cost of this! build in America 🇺🇸 buy in America 🇺🇸 companies moving to China 🇨🇳 because of profits 📈 now will lose cheaper isn't always better !
Exactly, and they are not talking about that. All of them , journalists, politicians, business people.
Wow, you're very naive. RetrumpliQans say they want lower prices which means they don't care where stuff is made as long as it's cheap.
When or if manufacturing does move back to the US, Americans will be complaining about skyrocketed prices of goods. Why do you think companies moved out of the US in the first place? This is just how economics and capitalism work. If the average wage in the US is the same as that in China, I’m sure manufacturing will be back in no time. You just can’t have it both ways.
@@doniel2008 Thank you for keeping it real. All these fake anti-globalists love to virtue signal with their fake "Go U.S.!" while shopping at Walmart and Target and stores that would be out of business if not for the cheap goods from China.
Financialization
I'm a trucker and my only comment is that if a truck driver sits around for 24 hours making no money, no one cares, and this happens far more often than you could possibly imagine.
At no point do the mention the actual problem as being the actual problem. Rampant consumerism. How about just stop buying tons of crap that you don't need?
Rampant consumerism is not a “problem” for the business owners, obviously.
That is a ridiculous perception of issues. No more video games for you. Its time to live in the real world
/sarcasm Just buy video games made in America /sarcasm
@@bullsmurf no such thing
@@pearla4731 Did you not watch the video? There is so much junk piled up that the business owner can't get to their stuff because other stuff is piled on top of it. And that is just one of the problems. All stemming from people buying tons of crap because of the pandemic. The current system can't handle this much demand because a bottleneck has been created.
We are forgetting another major issue. The "brokers". They are taking advantage of the truck drivers. So that results in drivers rejecting loads for paying to low, but yet they are making record breaking profits. Please can anyone explain that.
Because Americans LOVE union busting. For 40 years, we voted for union hating politicians in both parties. And here we are.
we outsources the companies and the manufacturing, in doing so we have lost control of our own shipping system, its called corporate greed
Actually, Trucker pay has gone up 15% for Hub Group, Schneider and JB Hunt. I cannot speak for other companies, but those 3 I know. They are competing for drivers and they are increases driver wages in the process.
“I can, for MONEY.” - Gromflamite
@@livefree1030 but your cost of living went up 30%
Why does a local city have a control over a port that is taking in foreign product? Seems like this should be a state or federal level thing.
China bought control over the port
Because the city builds and controls the facilities, not the federal government. If you build it, they will come. It's a guaranteed money maker for cities with waterways.
@@dougmoore4653 You seems to have some sort of obsession. You should seek help.
@@bzdtemp no he is right, china owns the majority of all shipping ports in the u.s., just look up mitch mcconnells wife and the company her family owns
@@dougmoore4653 nope China has no control or investment in us ports . No foreign company is allowed in so that’s one reason USA is in such a mess but don’t forget the unions …highest paid jobs in America and many are on the rolls and don’t even need to turn up . Complete resistance to modernisation as well
Globalisation and globalised supply chains are the worst things to ever happen. Self sufficiency should be our goal.
From what I understand it helps the economies of all countries involved to import and export
Everyone is getting price gouged from small businesses to workers to consumers while a few CEOs at the top of these chains are making record profits. Inflation is NOT caused by these supply chain issues, this is just an excuse to charge everyone more and especially to avoid paying workers more.
It's about supply and demand. People need containers to ship and there aren't enough of them.
Easy to theorize something, harder to prove it. I've seen the Long Beach harbor recently, there's a lot of ships backed up.
Inflation is also cause by 9 trillion dollars being created out of thin air
@@joshuagarner1654 Or that tax cut the wealthy got!
@@ddcc66 how does the government confiscating less cause a problem? It’s not like the government actually runs on tax money, why anyone has to have their income confiscated is crazy. The government just prints what it needs.
If y’all can’t see that they did this on purpose idk what to tell you. Don’t just believe what they say. Actually look it up.
And don’t believe its just one political entity either. I can already see narrow minded people screaming BIDEN this TRUMP that….. They’re all involved. Democrats and republicans making money of this
You tell em bro, bird aren't real!
We don’t export anything. That’s the problem.
Yes we do, scrap metals, soy bean, hay, cardboard and plastic. All crap
That would be because the US has a hard time competing cost wise on the world stage. As Americans only a small percentage of the working population would be able to afford US made goods. And compared to other countries our individual income is pretty strong.
We export most of our chicken feet to China.
@@boomup2117 China wants all of US' high tech stuffs including those applicable to military. But US doesn't export them to China.
@@adeebihabibi Agreed however currency adjustment will never account for enough.
In Europe, they've asked retired truck drivers to return to work but I reckon we're not that desperate.
Guess I'm buying a playstation 3 and playstation 2 and gluing them together :-/
I'll just keep using my Atari!
That's impressive
@Control-Alt-Delete 2.5
I just watched this whole thing and still have no idea what is going on.
lots of people making money by holding packages hostage.
Well, I was told that the reason we're having a supply chain problem is because Buttigieg took paternity leave...
Financialization
Me too and I’m supposed to write a paragraph on this for bonus points 😔
At least they were able to get all those Christmas decoration in the stores by August.
Anyone blaming the human workers down the line are heartless, soulless monsters
The supply chain problem seems more structural as opposed to "consumer demand." They keep blaming the consumers while pocketing the money.
Yes, the economy spent many decades switching to Just in Time manufacturing to cut costs. Orders are no longer put in anticipation of demand, rather it responds directly to it. It means the system is completely reactionary and vulnerable to disruptions in the supply of goods at any point.
@@tboneforreal dam good point. I find myself doing the same to avoid needing investors… but yeah has its perks.
There definitely seems to be a lot of issues within the supply chain but we can't ignore the fact that we do over consume. With the population growing the way it is and the ever increasing need to have the newest items, it just will not be sustainable to continue to consume the way we have.
Evidence for this please. Too many people on here are making claims about things they probably have no clue about. How are corporations pocketing money on extra shipping costs they have to pay. Also, how is it not due to demand? We are coming out of a global pandemic where people are starting to spend more.
LA port director: "We gotta get the workforce in the trucking and warehouses that matches the ports"
Hiring companies: best we can do is 10 dollars an hour
Ports are robust because for the last century the most organized workers and union has been longshoremen. You get better paid in that job than teachers, medics, doctors, or any other logistics field.
$10 per hour for the workers?They are better off on social security.
It's not even $10 an hour. A truck driver said that nonunion contractors are paid by the load and pay their own expenses. With the congestion lines they're losing money instead of making money on their trips.
@@Gyvie-marie Independent truck drivers are making a killing right now. The way to do is own your own cab, use one of the apps to pick up cargo and negotiate the price. People will pay top dollar to move goods, if you work for a trucking company, they'll just reap all the profits for themselves.
@@eliasadam2345 there is no negotiating price, shippers put out what the load pays and you take it or not, and truck owners are not making record profits, they are facing massive costs with trucks that last 5 times less than what we used to get out of them, our operating costs have tripled with more down time for repairs, its hard to find a truck repair shop that is not 3 weeks out getting to your repair
Support local business, artists, Etsy etc
This could be a good for artist, crafters and resale.
Until they run out of supplies for their art because it also comes from China
@@Elizabeth-kd8ib true but artists are so resourceful and creative. They can turn art into anything
Only union workers are allowed to unload these ships.
Then the trucks have to meet the tightest fuel emissions.
People are now paid to stay home.
The sum of all this is creating a huge backlog.
Dis shows how dependent Americans are on Chinese goods.
cheap labor is always been Amerikkka goal.
@@robertburnam5433 For CEOs.
Just don't buy Toys and Cookware from China
Why buy ANYTHING from China? iPhones? Get something else!
I had heard about this for months but we flew into LA the other day and I saw the ships with my own eyes. It’s unbelievable to think about the millions of products that are just anchored off shore because the ports are already full. Insane.
I mean dump a bucket into another bucket with a small hole at the bottom and you’ll get the same effect. Open a trucking company.
@@Lucas_Antar
I can't imagine a more miserable job than trucking. Dealing with other drivers on the roads would be a clucking nightmare.
@@yourlogicalnightmare1014 I said open a trucking company not becoming a trucker.
💯 % DELIBERATE.
@@Lucas_Antar you don't start at the top. Got life twisted son.
California's Governor banned trucks made before 2011, the number of vessel have remained the same as last year. Look at how many trucks are available to transport those containers. The Liberal Media won't tell the truth. In Oakland you can see there are no trucks to move those containers. It's not the ships It's lack of truckers.
Glad to see this 60 min episode. I’ve been going through the same issues with my company. I paid millions of dollars in absurd premiums and fees. Companies can’t survive the super inflated container prices, random demurrage fees and prolonged delays. The ocean liners and freight forwarders are all getting filthy rich while US companies and the American people suffer great losses. It’s highway robbery and we have little leverage to stop them.
And part of the strategy: we don't ship back empty containers, California STRICT regulations, ect.
@@muzerhythm2242 Now the administration wants to not have the container ships at anchor off the coast. But wants they floating around in the pacific, wasting fuel instead of at anchor. So to fight air pollution near the shore, they create even more out in the pacific where it will eventually blow towards land anyways.
So out of sight, out of mind. Like the tons of pollution in the factories over in China.
That is ridiculous price per container to ship to America no way
In contradiction to what 60 minutes reported, these ports are not owned by the cities they're in nor america..... they are owned by china based companies and are purposely disrupting the supply line and delaying everything.
They delay trucks for hours upon hours to check out a container and don't want to pay demurrage time so it's not feasible for trucking companies to have their trucks sit all day and lose money.
@@JCA-Z Yep, it is an embargo. An act of war. A way to get extra profits.
I love America, but we are the greediest country in the world.
stop buying crap from china
He is kind to call it a "bottleneck." I'd call it a "clusterf**k."
We used to say in the Marines " a Chinese fk story !!! 🤯
What caused our supply chain crunch? The answer is not complicated: exporting our manufacturing capacity.
Exactly
The question is are you willing to pay 4x the price for American made goods? Minimum wage here is around $8 in the cheapest of states, it's maybe 50 cents an hour in china. I've tried manufacturing in the US. The cost is too high, and that makes my prices so high, no one would buy what I make. I've tried, trust me, the best I could find was 4x what china would do it for with shipping included.
@@heyaisdabomb I understand completely and this will keep on going because money dictates everything
@@heyaisdabomb I don't doubt what you're saying is true. My question is, how did it work in the past when we built an American middle class? We can't do what other countries do?
American made and American sold doesn't get stuck in ports.
No all your products are parked on the side of the road while the driver sleeps in the cab because he is homeless... no rentals availibel and even the worst hotels charge $120/ night.
Produce more goods HERE IN THIS COUNRY that’s the solution. Pay Americans better wages and make the products here
Makes no sense. It's not economical to make here! Wages are too high
The problem here is Americans are not willing to pay American wages for American goods and Americans can't and are unwilling to work harder and compete with the rest of world.
Requires a Big socialist policy telling business they can only use domestic products to run and build… and then ya know there’s the whole gigantic price increase (unless we use robots for most of our labor.. and power them with free energy…). In other words that idea is not all sunshine and rainbows.
@@Krizbonz Made in America is a great political propaganda but it will never work when Americans are not willing to make sacrifice and can't compete with the rest of the world. Global economy is a fair game.
Retailers who buy from domestic producers aren't suffering this problem.
@Hello Wayward how are you doing?
The Ports are to blame. As a trucker and married to a marine clerk at the ILWU. The Ports dont want to update their systems and make it more automated...
Thus creating more union jobs.
voters are to blame
While there's plenty of blame to be distributed and I understand the issue with the ports for I worked extensively with container port terminals for over 20 years, I also live with someone who not only worked as a shipping agent for many years, managed a port terminal for several and has been working the last 15 years as an importer of commercial packaging for some of the largest companies in the US. For the last two years I have witnessed first hand (on a daily basis) the escalation of freight charges by shipping lines for no apparent reason. That is NOT the port's fault or trucking lines or rail services. As the episode indicated, improvements at port facilities are under the jurisdiction of the municipalities they are located. My front row seat to this supply chain crisis confirms that no single sector is solely responsible but the shipping carriers most certainly shoulder a large portion of the blame.
@@psymi-hk1fp voters can't vote international shipping carriers out of office. Voters would never have voted for their local governments to appropriate funds to modernize container port systems. Voters don't care about truckers or railroad services.
This is inflation and supply chain issues are world wide, its not just the USA.
Americans have a choice to make. Either keep importing cheap goods from overseas (made by sweatshop labor) or buy goods made by Americans and pay slightly higher prices.
And employ fellow Americans
@@nothingevermatters..1109 Cheap of course.
Human nature.
A benefit now trumps a benefit down the track.
Slightly ? You mean significantly higher prices lol
Ha ha Americans don't have a choice 😅 all the crap we buy is made overseas
Good luck with that. Apparently cheap goods + expensive overseas shipping combined is still less expensive than producing goods in the US. Apple could have built their iPhone in the US but if that happens, an iPhone would have cost $2000 dollars and thus make them less competitive. That's why they only kept high tech jobs in the US and outsourced manufacturing.
Price gouging at it's best!
YES, 3X the amount! OMG
For over 20 years I worked with shipping lines, container terminals, trucking lines, you name it. My significant other started off as a ship agent eventually landing herself as an asst. mgr. of a shipping terminal. For the last 20 years she has been a general manager of a packaging manufacturer. Like all things their US manufacturing operation was rendered non- competitive with Asian producers. So the last 15 years of that time has been strictly importation of the same goods they produced. Between the two of us we have seen every aspect that drives this supply chain and for the last 2+ years have been on the front line of this crisis. I read a lot of very uninformed comments here stating tired old mantras like "BUY US" or ridiculous opinions like placing blame on the Dems, secretary of trans., Biden and making claims that "Trump wouldn't have let this happen" (Spoiler Alert: the supply chain crisis started on his watch and yet it's not his fault either!). Simplistic solutions will not resolve this problem. 60 minutes spelled it out very plainly. The only fault I would have with it is this problem is not restricted to the US. THIS IS NOT A PROBLEM THAT WAS CAUSED BY POLITICIANS AND IT WILL NOT BE REMEDIED BY THEM EITHER!
I’m agree with everything you said except “THIS WAS NOT A PROBLEM CAUSED BY POLITICIANS”
The stimulus Bills passed (by both the Trump and Biden administrations) during COVID was a very significant contributor to this problem. If we are going to lock down the economy to slow the spread of a virus, that should mean that we all need to lock down and make sacrifices. Sitting at home buying things on Amazon is NOT A SACRIFICE! All of the economists that I listen to predicted that shutting down the American service industry and then giving every American thousands of dollars of printed money to spend on products made in China would lead to supply chain problems and an inflation crisis. There were underlying problems in the supply chain to begin with but stimulus bills and the extra unemployment benefits are the tsunami that triggered the current mess that we are in. The responsible thing for politicians to do would have been to let the dollar deflate until COVID was over, then maybe pass stimulus bills to get the economy moving again, AFTER the coronavirus passed. They could have done rent and/or food vouchers during COVID for the people that needed it, but giving people thousands of dollars of straight cash is recipe for unintended consequences (not to mention the debt we incurred that we are also going to need to deal with). Your right that politicians are not going to be able to remedy the problem now that the bear is out of its cage.
What do you see as the primary issue?
We produce 100% here in the USA & have for almost 20yrs, all of our stores will get their orders on time. 🇺🇸
Financialization.
@@charlesputnam9370 was this comment meant for me?
Look it up.
I’m familiar with the word, my question was what were you trying to imply lol.
The solution I’m taking is making myself available to everyone I have on my gift list is to use my help with any type of task on their To Do list. My presence will also serve to get back into family and friends relationships lost during this Pandemic. I have always thought that a father is not someone who buys you a gift on special occasions. A father is someone who is there to teach you and guide you so when you spread your wings there’s less bumps and bruises. Wrapped gifts are nice but I’m not going to gift the greedy.
Buy usa easy fix
Thank you Juan. I'm afraid people aren't bringing up the elephant in the room: consumerism. From what I've read and heard from people working in the supply chain, this was inevitable given the consumer boom of the pandemic. I hope that higher-priced good help people prioritize where/how they spend their money.
Minimalism! We’ve stopped buying “stuffs” for Christmas gifts for years. There are many other ways to celebrate the holiday season…
no more pressure, no more rush and we feel so good!
Very well said
I wish I was on that list! This is admirable & very well said.
Let's stop buying things that we don't need just to put it in the closets, garages and storages. We can slow down the demand this way.
Hopefully people will learn to look beyond the singleminded pursuit of the acquisition and consumption of foreign made goods and do more environmentally friendly reuse and recycling and locally made products...
Awww, that's nice Alex I remember when I had hope...
“Locally made” products still require globally sourced raw materials.
There are more than enough outside truckers that are willing and capable of handling this amount of cargo. And good minute that. But my coworkers don’t always treat them properly or efficiently.
This is the beginning of the end of extra long global supply chains. Now is the time to reshore, or at least near-shore industry. Automation and robotics have made it cheap (finally) for major industries to return.
Let say we want to make fur toys again in US , say Ohio, lol! You have to have someone provide you the little button eyes, tiny zippers, the stuffings, little hats...... so on, it is called the supply chain. No to mention the labor union, medical insurance. In the end, your little teddy bear is going to cost $25 to make, who you are going to sell to?
Corpus Christi Tx has been debating near-shore and it looks like it may be in the works soon!
Greed, greed greed. It funnels down from the top. Once prices rise, they won't fall.
This is happening LITERALLY in my backyard. Wilmington, CA (aka the Heart of the Harbor) is the port of L.A. Cargo trucks were being parked in local neiborhoods. 😳
BS!!!
@@internet2055 here's proof if you think I'm lying for some reason. th-cam.com/video/vBkZs21pJqo/w-d-xo.html
Where else are they supposed to park? The nearest decent sized truck stop is in Ontario which is about 50 miles away. Maybe the residents that live in that area should petition local government to allow the drivers stage at the Long Beach aquarium where there is a huge parking lot.
@@thecandyman9124 well where are residents suppose to park? They get f*cked over if they park illegally. It shouldn't be the people's responsibility to find parking for these trucks.
@@loui30 I agree and that's what I was saying. The drivers can't park anywhere close to the port because Californians hate big trucks. So where are they supposed to park? I know it's not fair to the residents like yourself that have to deal with parking issues but where are the drivers supposed to park? It's cheaper for the truck drivers to pay a parking ticket than it is to keep driving back and forth to a truck stop 50 miles away. Unfortunately the issue will just keep getting worse.
This says a lot about the U.S. We consume wayyy too much. This should be a wake up call to start saving money
I I don't buy stuff that I don't need.. I have to convince myself that I need it.. I drive a motorcycle ( even in winter) I may get some heated gear this year. I don't like spending the money for it.
This country has become way to greedy
*too
Quit relying on two ports and divide the work load
The sleepness and infighting of our great leaders in DC are the roots of every problem we face today.
Why? For not regulating the supply chain?
The Ports are to blame. As a trucker and married to a marine clerk at the ILWU. The Ports dont want to update their systems and make more automated.
Thus creating more jobs for the unions.
Hearing the man from Learning resources talk about the increased costs of containers and storage fees I can understand why goods have gone up. It starts at the top above these smaller companies.
Destruction by Design. Lol
We the people see the fake 💩💩💩💩💩💩 60 minutes and others are SPEWWWWWWING
Just like with the Great Recession.
Absolutely
Do you have an idea of why this is happening? I would enjoy hearing another theory. Actually, I would love to know someone else has SOME idea about what’s actually happening. I don’t think we can change what’s being done, but Americans at least deserve the truth. We are being manipulated, and lied too.
It’s all part of the plan by the Democrats to destroy America!
Can you say conundrum? What a mess.
How about we just start manufacturing most of this here again for a change.
There is no we.
So basically he parties that are doling out the fines are making profit off the market instability. Got it👌🏾
@BT That too!
That and the inept/corrupt government officials that allow this behavior to take place.
Where one suffers, the others benefit.
This is what bifobama looks like
Stop pointing fingers, isolate the problem and get the job done. 50 years ago we did what some say was impossible; we put a man on the moon. Now, 50 years later, we can't move a package from a local port to anywhere in the country. It's the truckers fault, no it's the shippers fault, no it's caused by backup in the supply chain, no it's caused by a shortage of workers, no it's this, no it's that, and meanwhile nothing ever gets done. What there is no shortage of; is excuses.
@Hello how are you doing?
Owners pay the truck driver more.
We don't want to talk about it because wages are so far behind now. A living wage falls somewhere between $50 and $60/hr now. People have been sacrificing in order to keep working. More people are now able to survive easier by not working than by working. 14/hr is starvation wages.
yes, as putin said recently, the existing model of capitalism now is totally defunct and exhausted
Look's like Santa's gonna have to give his Reindeer some blow this year.
Lmao
Lol
Lol thank you. Made my Monday.
What about the elves
@@nickp9994 meth
why can't they re route some of those ships to other US ports? spread the load around.
Texas already has said that their ports are open and ready to accept ships. This is being done on purpose now
@@buzza2077 LMAO!
@Control-Alt-Delete I walked right into that one 🤣
@@buzza2077 Well yes I would assume it's not by accident...
@@buzza2077
Needs to be 24 hour warehouses for required goods
There is zero chance that this video gives an accurate account of what is happening
If there is "so much stuff coming into the country" prices should be going down, not up.
My bet says this is all by design.