In particular, Long Beach and LA are substantially less productive than Chinese ports. The following table shows the Chinese working longer hours and moving more containers each hour:
The future is not great:
- 2022 is another labor negotiation. Recall 2014-15, the Longshoremen held up lots of containers
- Less than 1% of the originally proposed $2.3 billion infrastructure bill is for ports and waterways (and the infrastructure in the waterways needs serious help)
Numbers from May:
- May class 8 truck orders are down 32% from April, and trucking payrolls fell by 1900 [drivers]. But, employment in trucking is up 50,600 from the same time in 2020
- 5.95 million intermodal loads in Jan-May = record