plants

3y

The Cali port is a "labor shortage" (read: wage and safety shortage)

The bigger picture? There's a lot to it. Basically, everything is stretched to the maximum. And it has been for awhile.

https://www.forbes.com/sites/forbesbusinessdevelopmentcouncil/2021/05/25/how-the-shipping-container-crisis-demonstrates-the-risk-of-imbalance-in-global-trade/?sh=160a07bd1090

May article ^

https://www.cnn.com/2021/08/23/business/global-supply-chains-christmas-shipping/index.html

https://www.cnn.com/2021/08/23/business/global-supply-chains-christmas-shipping/index.html

And then a couple more recent articles. One talking about the recent Cali thang

plants

3y

The Cali port is a "labor shortage" (read: wage and safety shortage)

The bigger picture? There's a lot to it. Basically, everything is stretched to the maximum. And it has been for awhile.

https://www.forbes.com/sites/forbesbusinessdevelopmentcouncil/2021/05/25/how-the-shipping-container-crisis-demonstrates-the-risk-of-imbalance-in-global-trade/?sh=160a07bd1090

May article ^

https://www.cnn.com/2021/08/23/business/global-supply-chains-christmas-shipping/index.html

https://www.cnn.com/2021/08/23/business/global-supply-chains-christmas-shipping/index.html

And then a couple more recent articles. One talking about the recent Cali thang

GottaGloUp1Day

3y

My store has barely anything on the shelves

Boyingreen

3y

how can one profit off this? do we short transportation companies? buy food stocks?

Boyingreen

3y

why the laughter ?

plants

3y

This is not the place to be asking those questions

MrMudManMood

3y

@op update pls

plants

3y

from reddit:

I work for one of the largest independent tire dealers in the US. I won't say which, but we are one of the top 3 by volume sold. We are expecting to see 1/2 of the normal number of tires that we usually receive this year.

We just had our annual "state of the industry" meeting. Currently there are very few 19" tires available (snow tires especially). Many are on back order with no ETA.

We also were informed that the ports are adding a $25,000 per container covid surcharge for unloading them from the ships. Not sure if this is limited to our industry, but it adds approximately $30 to the cost of each tire, which obviously varies by size.

In addition to this, tire prices are up by about 15% this year and we expect to see 1 more price increase this year.

Compounding this issue is the purchase of Cooper by Goodyear. Goodyear has elected to shut down a couple of Cooper's brands and along with it, a couple factories (no more Mastercrafts). They are also stopping production of Dunlop tires that are not OEM on production vehicles.

Our industry is silently freaking out because no tires means no delivery trucks.

If you, or someone you know needs tires soon, I would highly suggest buying them sooner rather than later.

MrMudManMood

3y

@op update pls

ghosting

3y

good thing I just got new tires 😈

plants

3y

thinking of getting some as well.

and this goes out to everyone:

now is the time to think about what might happen if your power goes out during the winter. do you have a way to generate heat without electricity? A way to charge your phone? What about if you don't have clean running water for a week and you're snowed in? How do you cook? Eat? Bathe?

Things can change very quickly, and a very small amount of effort put into disaster preparedness means a world of difference.

ghosting

3y

I live in texas so the power grid got me 😌🤝

ghosting

3y

I live in texas so the power grid got me 😌🤝