I got word from my cousin, who is a longshoreman. On October 1st, longshoremen will be shutting down all East Coast ports from Texas to Maine. Nothing will be offloaded from the ships coming into these ports.
While some goods may trickle in from the West Coast, you can expect prices of those goods to double, possibly triple.
The rising cost of goods will be blamed on the Biden/Harris regime. This could propel Trump even further. My cousin believes that this strike could last a month or more because no one is budging.
Stay safe frens.
So is this because of a strike by the longshoremen or something else? And if it's a strike, what's the reason for the strike? What kinds of items do they ship, everything from food to necessities? Trying to figure out what we need to stock up on.
All I can share is what I was told. I am unsure of the reason as to why they're striking. He suggested the following.
Supplies, diapers, formula, meds & canned goods.
They're striking because Maersk won't agree to a raise. All the other carriers agreed to give the longshoremen a raise since they worked all through covid. Maersk is the largest carrier and they refuse, and are trying to break the union over a pay raise when profits are at an all-time record. I'll post a video from their union leader once I find it.
Typical greedy fucks...
I’m a capitalist. I believe strongly in capitalism and its ability to lift people from poverty.
But when your company is making record profits, yet refuses to give you a raise, and your CEO gets a bonus of almost a BILLION dollars. Yeah, the term greddy fucks most certainly applies here.
Thanks!
Boeing just went on strike also. I imagine spare parts for all Boeing planes may be in jeopardy soon as well.
I did some sleuthing and found this:
What kind of goods are shipped from longshoreman on the east coast?
Source:
Potential port strike has retailers, manufacturers scrambling East Coast and Gulf Coast ports handle about 43% of all US imports
https://www.freightwaves.com/news/potential-port-strike-has-retailers-manufacturers-scrambling
More of a reason to make/produce/grow this stuff here.
It truly is. Think of the cost to transport. Yes, they make it cheaper overseas, but how can we control the quality? And if we reduce the transportation costs, maybe the manufacturing costs being more if made here, will be offset by no transport fees.
Worth doing, for sure.
So I probably need to get my Christmas shopping done now (since I'm already stocked up on "goods").
That's what I'm thinking.