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.
It seems like we're (hopefully) getting out of the pandemic ... so what will be our new normal? Walter and Mark discuss what new...
China’s debt to GDP ration is 297%. Some of the increase in debt is because of the belt and road initiative. They lent money...
Walter and Mark discuss the cargo ship that was stuck in the Suez Canal in March 2021. It brought up the question of how...