Chaos Strikes Global Shipping
nytimes.com
Chaos Strikes Global Shipping
1–10 of 25 posts
Re: Chaos Strikes Global Shipping
#2> Every container that cannot be unloaded in one place is a container that cannot be loaded somewhere else.
Never thought of it in this sense as a zero-sum game — but it does make a lot of sense why this is pushing the stock up for companies like Triton International.
Re: Chaos Strikes Global Shipping
#3Interesting that the conclusion has to do with the type of consumption, because as I was reading the article I was unable to figure out whether there had been an increased consumption or "just" a lack of availability of containers and workers. But the article ends with:
> Some experts assume that as vaccinations increase and life returns to normal, Americans will again shift their spending — from goods back to experiences — reducing the need for containers.
Beyond masks, is it really the case that consumption of goods dramatically increased? Is it only a North America issue? A US issue?
Re: Chaos Strikes Global Shipping
#4> Every container that cannot be unloaded in one place is a container that cannot be loaded somewhere else. Never thought of it in this sense as a zero-sum game — but it does make a lot of sense why this is pushing the stock up for companies like Triton International.
That's the rationale for building "megaports." Few giant automated ports save on ships having to hop around smaller ports to unload few containers.
Re: Chaos Strikes Global Shipping
#5> Every container that cannot be unloaded in one place is a container that cannot be loaded somewhere else. Never thought of it in this sense as a zero-sum game — but it does make a lot of sense why this is pushing the stock up for companies like Triton International.
That's the rationale for building "megaports." Few giant automated ports save on ships having to hop around smaller ports to unload few containers.
[deleted]
Re: Chaos Strikes Global Shipping
#6Interesting that the conclusion has to do with the type of consumption, because as I was reading the article I was unable to figure out whether there had been an increased consumption or "just" a lack of availability of containers and workers. But the article ends with: > Some experts assume that as vaccinations increase and life returns to normal, Americans will again shift their spending — from goods back to experi…
Working in shipping. No, it’s the same in Europe and partially also elsewhere. People shift spending from services to home office equipment, furniture, electronics, ...
Re: Chaos Strikes Global Shipping
#7[deleted]
Re: Chaos Strikes Global Shipping
#8Where's Flexport when you need them? Weren't they supposed to disrupt this space?
Re: Chaos Strikes Global Shipping
#9Interesting that the conclusion has to do with the type of consumption, because as I was reading the article I was unable to figure out whether there had been an increased consumption or "just" a lack of availability of containers and workers. But the article ends with: > Some experts assume that as vaccinations increase and life returns to normal, Americans will again shift their spending — from goods back to experi…
The article talks about dockworkers and truck drivers falling ill and quarantining, as well as what Americans spend their money on has changed. Instead of spending money on going out, we are spending it on home focused items, specifically ones that are shipped and made in China.
Re: Chaos Strikes Global Shipping
#10> Since they were first deployed in 1956, containers have revolutionized trade by allowing goods to be packed into standard size receptacles and hoisted by cranes onto rail cars and trucks — effectively shrinking the globe.
If you want to know more about this, there's a pretty good book on it: The Box: How the Shipping Container Made the World Smaller and the World Economy Bigger