The latest weekly update of container shipping rates show that prices - already at all time high - have not come down. Rates from China to the US east coast are now at nearly $20,000 per FEU, and now a new threat looms which could send already sky high prices into orbit. As the delta variant spreads on the mainland, most Chinese ports are now requiring a Covid test for all crew, with vessels forced to remain at anchor until negative results are confirmed, and requiring ships to quarantine for 14-28 days if they previously berthed in India or changed crew within 14 days of arriving.
That spells further delays, further price increases and, according to Splash, shipping will need to start to make contingency plans should China - the world’s most important nation for shipping movements - emerge as another pandemic epicenter.
Yet another reason to move manufacturing back to the US, or at least out of Asia.
Manufacturing was quickly moving back to the USA under Trump's leadership with all kinds of incentives. China's puppet Bidden basically put a stop to that.
ReplyDeleteHas China been behind all the movements to make manufacturing in America too expensive? Is China behind the radical environmental movement? How about union rules? Is the CCP backing laws making risk too high? Is there any part of our MSM China does not control?
ReplyDeleteMaybe not behind those destroy the American economy, but they approve. However, they are 100% behind the Covid which is a great force multiplier in the crippling of the economy.
DeleteSo China has a quarantine, but the US lets anyone and everyone cross our borders willy nilly. A shame Trump didn't require anyone crossing the border to quarantine for at least 40 days at their own expense. We would have nipped most of the variant Chinaflu, such as the Indian Delta, in the bud. Diversity and open borders kill.
ReplyDeleteWar takes many forms.
ReplyDeleteimagine how many of those containers have 40 chinese, a propane stove, 400 cans of spam and a wok in them.
ReplyDeletethey don't take the containers back when they are empty. you would think there would be mountains of them in port cities
The port cities is just where they take em off the boat. From there they are trailered throughout the US. There's a few places in Indianapolis (a major midwest hub) that has thousands of them stacked up.
DeleteThere’s a big inland port near Dalton, GA, which is in the mountains and nowhere near the ocean. It has stacks of Conex containers full of carpet to be loaded on rail cars and taken to Savannah, 300 miles away.
DeleteThey should send em back to China, slammed to the brim with illegals, poofters, and crybaby wannabe communists, then strap US politicians all over the deck.
DeleteMoving manufacturing back to the USA would be senseless. 'Merican workers are far too greedy and slothful to make it profitable. All they want to do is twiddle their thumbs and riot in today's world.
ReplyDelete