Shortage of everything?

davans said:
We’ve got containers over seas that we cannot get on freight ships.

Freight ships in holding patterns off the west coat that can’t get in the port. Refueling and riding in circles.

Ships at port that can’t get unloaded.

containers unloaded at the port that we cannot get on rails or trucks.

Container freight up from $2500 to nearly 15k
Click to expand...

And yet few are asking, who’s pocketing that $12,500?

Fuel prices are up, but labor prices haven’t increased that much in the rest of the world.

Same with lumber. A friend has his own timber company and he’s not seeing hugh increase in what he gets from the lumber mills, but lumber is up 300% in some places?

Where’s the money going? There’s no “shortage” of timber, but a huge increase in prices of lumber.

There’s a shortage of workers in the US, but not a shortage of goods bound for the USA? Or is the labor issue truly worldwide?

One of the busiest restaurants in Toccoa had to close yesterday morning, their prime day of breakfast sales, because they can’t get anyone to work.

Supply and demand vs. what the market will bear. Which is it in these situations?

Too many folks happy to stay home and live on the dole.
 
GodBlessTheUSA said:
And yet few are asking, who’s pocketing that $12,500?

This is a great question and I imagine will apply to everything below for the most part.

Fuel prices are up, but labor prices haven’t increased that much in the rest of the world.

Up? This is a nice way of putting it.

Same with lumber. A friend has his own timber company and he’s not seeing hugh increase in what he gets from the lumber mills, but lumber is up 300% in some places?

Where’s the money going? There’s no “shortage” of timber, but a huge increase in prices of lumber.

This is absolutely insane. Watch what happens to the Price of fuel as this pipeline is shut down. Sams Club in Columbus is out of Diesel and is projected to run out of gas by the middle to the end of next week. I was able to talk with the manager over fuel as this is who this information came from.

There’s a shortage of workers in the US, but not a shortage of goods bound for the USA? Or is the labor issue truly worldwide?

Look at the quality of those coming into the workforce today that are in the trade positions... For instance: Lowe’s and Home Depot along with many other companies in the area are hiring all the time however, the folks they hire are walking out of the “JOB” because they are expected to “work”. I know that’s a novel concept for the 20 somethings and below, and probably applies to some 30 somethings as well.

Managers I talk with at various business (restaurants) also have the same issues as above.... folks are making tons more off unemployment and stimmy’s and when called to see if they want their jobs back after leaving, they try to pressure the managers for more money....

Hard to give raises when there is little to no clientele. This equates to folks not coming back to work and working half/ minimal staffed and a whole host of other reasons.

One of the busiest restaurants in Toccoa had to close yesterday morning, their prime day of breakfast sales, because they can’t get anyone to work.

Shortage of workers... True- with the Govt Stimmy’s and unemployment payouts through the roof, why would anyone receiving the ladder handout want to return to a job when they are making more unemployed....

True Jobs are plentiful however, now that Biden said in his address to Congress, “send the minimum wage raise to 15.00 an hour to my desk so we can make this a reality” only hurts businesses that can’t afford to pay employees this or COLA doesn’t dictate the hike in pay for the areas folks are in.

Supply and demand vs. what the market will bear. Which is it in these situations?

Too many folks happy to stay home and live on the dole.
Click to expand...

I like where your head is at.... see indented response above.


Sent from my iPhone using Tapatalk
 
The World Economy Is Suddenly Running Low on Everything

A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s companies furiously trying to stock up.

Mattress producers to car manufacturers to aluminum foil makers are buying more material than they need to survive the breakneck speed at which demand for goods is recovering and assuage that primal fear of running out. The frenzy is pushing supply chains to the brink of seizing up. Shortages, transportation bottlenecks and price spikes are nearing the highest levels in recent memory, raising concern that a supercharged global economy will stoke inflation.

Copper, iron ore and steel. Corn, coffee, wheat and soybeans. Lumber, semiconductors, plastic and cardboard for packaging. The world is seemingly low on all of it. “You name it, and we have a shortage on it,” Tom Linebarger, chairman and chief executive of engine and generator manufacturer Cummins Inc., said on a call this month. Clients are “trying to get everything they can because they see high demand,” Jennifer Rumsey, the Columbus, Indiana-based company’s president, said. “They think it’s going to extend into next year.”

The difference between the big crunch of 2021 and past supply disruptions is the sheer magnitude of it, and the fact that there is — as far as anyone can tell — no clear end in sight. Big or small, few businesses are spared. Europe’s largest fleet of trucks, Girteka Logistics, says there’s been a struggle to find enough capacity. Monster Beverage Corp. of Corona, California, is dealing with an aluminum can scarcity. Hong Kong’s MOMAX Technology Ltd. is delaying production of a new product because of a dearth of semiconductors.

https://www.bloomberg.com/news/arti...-companies-panic-buying-as-supplies-run-short
 
Easy to charge more when there's tons of free money being thrown into the streets. Once that cow dries up, we'll see if prices settle, or if more craziness will ensue.
 
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