(11-14-2021, 10:37 PM)p_rushing Wrote:

(11-14-2021, 10:12 PM)homebiscuit Wrote: I watched it too. Another important point raised is that U.S. ports lag far behind Asian and European ports in terms of technology and efficiency. The reason being is U.S. ports are owned and operated by the cities in which they're located. That was somewhat of a surprise to me. I figured at a minimum they were run by the states with federal oversight.

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Probably because of the huge amounts of imports arriving from Asia, mostly China. They're not going to use eastern ports because the one cost which dictates the profitability of shipping more than any other is fuel.

Fuel isn't a huge deal but does cost more. The fees for the canal passing is high. You have ships sitting there for a long time losing money instead of going to another port because they don't want that additional cost.

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