In particular, Long Beach and LA are substantially less productive than Chinese ports. The following table shows…

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 in 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