THIS WILL BE FUN TO WATCH: Carriers Must Move 60K Containers Out Of Los Angeles/Long Beach By Halloween or face $100 a day surcharge EACH.
(www.zerohedge.com)
π EYES ON! π
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How is it their fault they canβt unload?
I don't think anyone who knows what is actually happening is assigning blame to the carriers or the ports. It is interesting to see what is happening, because this all falls to the signing of E.O.#13848.
We are not doing business with countries determined to aid in the election fraud (CHINA), so that is why the cargo ships sit there, that is why there is a microchip shortage, and "everything" shortage. We are punishing China (they need our cash for their export economy to function). It is a war of attrition. We need their stuff, but they REALLY NEED our cash.
So, it will be interesting to watch where all these containers end up.
Hmmm.wonder why it only applies to cali ports couse chinas unloading at other ports.almost like it's not in force
Do you have a source for this information?
I would be interested to see and learn more.