111 and rising...

[Jolly]

https://www.msn.com/en-us/money/markets/a-record-111-container-ships-are-floating-off-california-s-busiest-ports-despite-biden-s-24-7-schedule-and-looming-fines/ar-AAQx8ns?ocid=msedgntp

[LuFins Dad]

658 and rising. That's the number of pianos we have on backorder.

[Jolly]

Talked with one of my friends this past week...They can't get LazyBoy recliners. He has 300 with customer deposits on backorder.

[Mik]

But….but….Brandon said he was gonna fix it and make the dock workers go 24-7…..

[Jolly]

Gonna ain't got here yet.

[Copper]

A lot of shipping companies are altering their plans to dock first here in Norfolk/Portsmouth, excellent facilities and the ships are getting in and out quickly.

Competition is a good thing.

[Mik]

Not if you are shipping from east Asia.

[LuFins Dad]

@mik said in 111 and rising...:

Not if you are shipping from east Asia.

Apparently, the Panama Canal won't accommodate these new superfreighters like the one that got stuck in the Suez Canal.

There has been some little movement with the new fining system that's being set up where they fine the shipping company $100 for the first day a container isn't picked up, $200 for the second, $400 for the third, $800 for the fourth, and so on... A big part of this logjam is still getting enough unionized trucks that match AB5 so the shippers are having to cave which is going to cost them the consumer billions of dollars.