In this episode, Mark Hall and Dr. Walter Kemmsies discuss the state of the ports in the US. In August 2020, Top 10 port authorities around the country started to handle over 2 million imported containers (TUE) a month. That trend continue to 25 consecutive months of peak season import volumes. The trucking industries and trains were stretched to the limit and unable to handle the volumes. Since August of 2022, we’re seeing a decline. Minus one percent in September. By March its down by 30 percent. Water’s been choppy but stabilization is on the horizon. A few months ago, for the first time in decades, New York and New Jersey surpass Long Beach volume. Tune in for more.
The threat or the worry over recession has been the theme or a sub-theme for the last year. At the same time the stock...
A stock broker said to another stock broker: "We need chaos to make money. When is flat and predictable, nobody trades. We don't make...
The Feds' incredible interest rate error caused a recession in the consumer goods industry. Cost to ship a container from China dropped below the...