But the problem is not simply the supply of trucks or hours of operation.
The backlogs have mostly been caused by a crush of goods coming from Asia.
American consumers who have been spending less on services, such as travel or going to movies or other events, have been spending more money on goods, from household goods to automobiles.
And the rise in imported goods and items that are built here with foreign sourced parts have resulted in more container volume trying to get through the ports than before the pandemic.
bam thats the biggest part of the problem right there
dont need a degrree in economics to see it either
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
0
Quote Originally Posted by fubah2:
Surging demand
BUSINESS INSIDER -
But the problem is not simply the supply of trucks or hours of operation.
The backlogs have mostly been caused by a crush of goods coming from Asia.
American consumers who have been spending less on services, such as travel or going to movies or other events, have been spending more money on goods, from household goods to automobiles.
And the rise in imported goods and items that are built here with foreign sourced parts have resulted in more container volume trying to get through the ports than before the pandemic.
bam thats the biggest part of the problem right there
But the problem is not simply the supply of trucks or hours of operation.
The backlogs have mostly been caused by a crush of goods coming from Asia.
American consumers who have been spending less on services, such as travel or going to movies or other events, have been spending more money on goods, from household goods to automobiles.
And the rise in imported goods and items that are built here with foreign sourced parts have resulted in more container volume trying to get through the ports than before the pandemic.
bam thats the biggest part of the problem right there
dont need a degrree in economics to see it either
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
0
Quote Originally Posted by fubah2:
Surging demand
BUSINESS INSIDER -
But the problem is not simply the supply of trucks or hours of operation.
The backlogs have mostly been caused by a crush of goods coming from Asia.
American consumers who have been spending less on services, such as travel or going to movies or other events, have been spending more money on goods, from household goods to automobiles.
And the rise in imported goods and items that are built here with foreign sourced parts have resulted in more container volume trying to get through the ports than before the pandemic.
bam thats the biggest part of the problem right there
But the problem is not simply the supply of trucks or hours of operation.
The backlogs have mostly been caused by a crush of goods coming from Asia.
American consumers who have been spending less on services, such as travel or going to movies or other events, have been spending more money on goods, from household goods to automobiles.
And the rise in imported goods and items that are built here with foreign sourced parts have resulted in more container volume trying to get through the ports than before the pandemic.
bam thats the biggest part of the problem right there
dont need a degrree in economics to see it either
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
0
Quote Originally Posted by fubah2:
Surging demand
BUSINESS INSIDER -
But the problem is not simply the supply of trucks or hours of operation.
The backlogs have mostly been caused by a crush of goods coming from Asia.
American consumers who have been spending less on services, such as travel or going to movies or other events, have been spending more money on goods, from household goods to automobiles.
And the rise in imported goods and items that are built here with foreign sourced parts have resulted in more container volume trying to get through the ports than before the pandemic.
bam thats the biggest part of the problem right there
But the problem is not simply the supply of trucks or hours of operation.
The backlogs have mostly been caused by a crush of goods coming from Asia.
American consumers who have been spending less on services, such as travel or going to movies or other events, have been spending more money on goods, from household goods to automobiles.
And the rise in imported goods and items that are built here with foreign sourced parts have resulted in more container volume trying to get through the ports than before the pandemic.
bam thats the biggest part of the problem right there
dont need a degrree in economics to see it either
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
0
Quote Originally Posted by fubah2:
Surging demand
BUSINESS INSIDER -
But the problem is not simply the supply of trucks or hours of operation.
The backlogs have mostly been caused by a crush of goods coming from Asia.
American consumers who have been spending less on services, such as travel or going to movies or other events, have been spending more money on goods, from household goods to automobiles.
And the rise in imported goods and items that are built here with foreign sourced parts have resulted in more container volume trying to get through the ports than before the pandemic.
bam thats the biggest part of the problem right there
Democrats are getting closer to a social spending bill to help America
Biden looks to scale back social spending bill to $2.2 trillion or less
The leader of progressive House Democrats said Tuesday her members had a "really good, productive meeting" with President Joe Biden as the president works to get separate wings of his party to agree to a legislative package between $1.9 trillion to $2.2 trillion for the climate and American social safety-net agenda.
"We all still feel even more optimistic about getting to an agreement on a really transformational bill that will fundamentally lift people up," said Rep. Pramila Jayapal, D-Wash., chair of the House Progressive Caucus.
1
Democrats are getting closer to a social spending bill to help America
Biden looks to scale back social spending bill to $2.2 trillion or less
The leader of progressive House Democrats said Tuesday her members had a "really good, productive meeting" with President Joe Biden as the president works to get separate wings of his party to agree to a legislative package between $1.9 trillion to $2.2 trillion for the climate and American social safety-net agenda.
"We all still feel even more optimistic about getting to an agreement on a really transformational bill that will fundamentally lift people up," said Rep. Pramila Jayapal, D-Wash., chair of the House Progressive Caucus.
Democrats are getting closer to a social spending bill to help America Biden looks to scale back social spending bill to $2.2 trillion or less The leader of progressive House Democrats said Tuesday her members had a "really good, productive meeting" with President Joe Biden as the president works to get separate wings of his party to agree to a legislative package between $1.9 trillion to $2.2 trillion for the climate and American social safety-net agenda. "We all still feel even more optimistic about getting to an agreement on a really transformational bill that will fundamentally lift people up," said Rep. Pramila Jayapal, D-Wash., chair of the House Progressive Caucus.
What does the package provide?
Biden's social safety-net agenda seeks to transform the economy. But many of the proposals — higher taxes on VERY HIGH-income earners and corporations to pay for free community college, universal prekindergarten, subsidized child care, national paid leave, Medicare expansion and other liberal priorities — are still being debated on and could get cut from the final deal.
1
Quote Originally Posted by fubah2:
Democrats are getting closer to a social spending bill to help America Biden looks to scale back social spending bill to $2.2 trillion or less The leader of progressive House Democrats said Tuesday her members had a "really good, productive meeting" with President Joe Biden as the president works to get separate wings of his party to agree to a legislative package between $1.9 trillion to $2.2 trillion for the climate and American social safety-net agenda. "We all still feel even more optimistic about getting to an agreement on a really transformational bill that will fundamentally lift people up," said Rep. Pramila Jayapal, D-Wash., chair of the House Progressive Caucus.
What does the package provide?
Biden's social safety-net agenda seeks to transform the economy. But many of the proposals — higher taxes on VERY HIGH-income earners and corporations to pay for free community college, universal prekindergarten, subsidized child care, national paid leave, Medicare expansion and other liberal priorities — are still being debated on and could get cut from the final deal.
Quote Originally Posted by KellyM_1964: DOW flirts with new alltime high water mark on wednesday . previous high set this summer under president biden s & p index inches away from that goal line too
nasdaq comp peaked in early september , then dropped the whole month , but is on a solid rebound again on more positive economic outlooks
thanks joe !
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
0
Quote Originally Posted by KellyM_1964:
Quote Originally Posted by KellyM_1964: DOW flirts with new alltime high water mark on wednesday . previous high set this summer under president biden s & p index inches away from that goal line too
nasdaq comp peaked in early september , then dropped the whole month , but is on a solid rebound again on more positive economic outlooks
ports are congested as a result of the rapid rebound in demand for commodities and goods as much of the global economy has recovered from the pandemic.
Shipping costs have soared, and companies wanting to move goods around are struggling because there just aren't enough ships or containers available.
All the while prices are going up for consumers as a result.
blame joe biden for whats going on all around the globe !
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
1
Quote Originally Posted by fubah2:
BUSINESS INSIDER -
Around the world,
ports are congested as a result of the rapid rebound in demand for commodities and goods as much of the global economy has recovered from the pandemic.
Shipping costs have soared, and companies wanting to move goods around are struggling because there just aren't enough ships or containers available.
All the while prices are going up for consumers as a result.
blame joe biden for whats going on all around the globe !
Quote Originally Posted by KellyM_1964: Quote Originally Posted by KellyM_1964: DOW flirts with new alltime high water mark on wednesday . previous high set this summer under president biden s & p index inches away from that goal line too nasdaq comp peaked in early september , then dropped the whole month , but is on a solid rebound again on more positive economic outlooks thanks joe !
I know my portfolio is doing well!
How stocks are doing in 2021 (YTD)
• DOW +16.35% • NASDAQ +17.33% • S&P +20.77%
1
Quote Originally Posted by KellyM_1964:
Quote Originally Posted by KellyM_1964: Quote Originally Posted by KellyM_1964: DOW flirts with new alltime high water mark on wednesday . previous high set this summer under president biden s & p index inches away from that goal line too nasdaq comp peaked in early september , then dropped the whole month , but is on a solid rebound again on more positive economic outlooks thanks joe !
But the problem is not simply the supply of trucks or hours of operation.
The backlogs have mostly been caused by a crush of goods coming from Asia.
American consumers who have been spending less on services, such as travel or going to movies or other events, have been spending more money on goods, from household goods to automobiles.
And the rise in imported goods and items that are built here with foreign sourced parts have resulted in more container volume trying to get through the ports than before the pandemic.
Wanted: 80,000 truck drivers to help fix the supply chain
(CNN) The trucking industry is short 80,000 drivers, a record high, Chris Spear, President and CEO of the American Trucking Associations, tells CNN.
That's a 30% increase from before the pandemic, when the industry (under trump) had already faced a labor shortage of 61,500 drivers.
0
Quote Originally Posted by Fubah2:
Surging demand
BUSINESS INSIDER -
But the problem is not simply the supply of trucks or hours of operation.
The backlogs have mostly been caused by a crush of goods coming from Asia.
American consumers who have been spending less on services, such as travel or going to movies or other events, have been spending more money on goods, from household goods to automobiles.
And the rise in imported goods and items that are built here with foreign sourced parts have resulted in more container volume trying to get through the ports than before the pandemic.
Wanted: 80,000 truck drivers to help fix the supply chain
(CNN) The trucking industry is short 80,000 drivers, a record high, Chris Spear, President and CEO of the American Trucking Associations, tells CNN.
That's a 30% increase from before the pandemic, when the industry (under trump) had already faced a labor shortage of 61,500 drivers.
But the problem is not simply the supply of trucks or hours of operation.
The backlogs have mostly been caused by a crush of goods coming from Asia.
American consumers who have been spending less on services, such as travel or going to movies or other events, have been spending more money on goods, from household goods to automobiles.
And the rise in imported goods and items that are built here with foreign sourced parts have resulted in more container volume trying to get through the ports than before the pandemic.
Wanted: 80,000 truck drivers to help fix the supply chain
(CNN) The trucking industry is short 80,000 drivers, a record high, Chris Spear, President and CEO of the American Trucking Associations, tells CNN.
That's a 30% increase from before the pandemic, when the industry (under trump) had already faced a labor shortage of 61,500 drivers.
0
Quote Originally Posted by Fubah2:
Surging demand
BUSINESS INSIDER -
But the problem is not simply the supply of trucks or hours of operation.
The backlogs have mostly been caused by a crush of goods coming from Asia.
American consumers who have been spending less on services, such as travel or going to movies or other events, have been spending more money on goods, from household goods to automobiles.
And the rise in imported goods and items that are built here with foreign sourced parts have resulted in more container volume trying to get through the ports than before the pandemic.
Wanted: 80,000 truck drivers to help fix the supply chain
(CNN) The trucking industry is short 80,000 drivers, a record high, Chris Spear, President and CEO of the American Trucking Associations, tells CNN.
That's a 30% increase from before the pandemic, when the industry (under trump) had already faced a labor shortage of 61,500 drivers.
But the problem is not simply the supply of trucks or hours of operation.
The backlogs have mostly been caused by a crush of goods coming from Asia.
American consumers who have been spending less on services, such as travel or going to movies or other events, have been spending more money on goods, from household goods to automobiles.
And the rise in imported goods and items that are built here with foreign sourced parts have resulted in more container volume trying to get through the ports than before the pandemic.
Wanted: 80,000 truck drivers to help fix the supply chain
(CNN) The trucking industry is short 80,000 drivers, a record high, Chris Spear, President and CEO of the American Trucking Associations, tells CNN.
That's a 30% increase from before the pandemic, when the industry (under trump) had already faced a labor shortage of 61,500 drivers.
0
Quote Originally Posted by Fubah2:
Surging demand
BUSINESS INSIDER -
But the problem is not simply the supply of trucks or hours of operation.
The backlogs have mostly been caused by a crush of goods coming from Asia.
American consumers who have been spending less on services, such as travel or going to movies or other events, have been spending more money on goods, from household goods to automobiles.
And the rise in imported goods and items that are built here with foreign sourced parts have resulted in more container volume trying to get through the ports than before the pandemic.
Wanted: 80,000 truck drivers to help fix the supply chain
(CNN) The trucking industry is short 80,000 drivers, a record high, Chris Spear, President and CEO of the American Trucking Associations, tells CNN.
That's a 30% increase from before the pandemic, when the industry (under trump) had already faced a labor shortage of 61,500 drivers.
But the problem is not simply the supply of trucks or hours of operation.
The backlogs have mostly been caused by a crush of goods coming from Asia.
American consumers who have been spending less on services, such as travel or going to movies or other events, have been spending more money on goods, from household goods to automobiles.
And the rise in imported goods and items that are built here with foreign sourced parts have resulted in more container volume trying to get through the ports than before the pandemic.
Wanted: 80,000 truck drivers to help fix the supply chain
(CNN) The trucking industry is short 80,000 drivers, a record high, Chris Spear, President and CEO of the American Trucking Associations, tells CNN.
That's a 30% increase from before the pandemic, when the industry (under trump) had already faced a labor shortage of 61,500 drivers.
0
Quote Originally Posted by Fubah2:
Surging demand
BUSINESS INSIDER -
But the problem is not simply the supply of trucks or hours of operation.
The backlogs have mostly been caused by a crush of goods coming from Asia.
American consumers who have been spending less on services, such as travel or going to movies or other events, have been spending more money on goods, from household goods to automobiles.
And the rise in imported goods and items that are built here with foreign sourced parts have resulted in more container volume trying to get through the ports than before the pandemic.
Wanted: 80,000 truck drivers to help fix the supply chain
(CNN) The trucking industry is short 80,000 drivers, a record high, Chris Spear, President and CEO of the American Trucking Associations, tells CNN.
That's a 30% increase from before the pandemic, when the industry (under trump) had already faced a labor shortage of 61,500 drivers.
But the problem is not simply the supply of trucks or hours of operation.
The backlogs have mostly been caused by a crush of goods coming from Asia.
American consumers who have been spending less on services, such as travel or going to movies or other events, have been spending more money on goods, from household goods to automobiles.
And the rise in imported goods and items that are built here with foreign sourced parts have resulted in more container volume trying to get through the ports than before the pandemic.
Wanted: 80,000 truck drivers to help fix the supply chain
(CNN) The trucking industry is short 80,000 drivers, a record high, Chris Spear, President and CEO of the American Trucking Associations, tells CNN.
That's a 30% increase from before the pandemic, when the industry (under trump) had already faced a labor shortage of 61,500 drivers.
"That's a pretty big spike," Spear added. Many drivers are retiring, dropping out of the industry. Increased consumer demand, prompting a need for more drivers, also plays a huge role in the shortfall.
This comes at a time when US ports are backlogged -- primarily because there are few trucks and drivers to pick up cargo -- creating a supply chain slowdown.
0
Quote Originally Posted by fubah2:
Surging demand
BUSINESS INSIDER -
But the problem is not simply the supply of trucks or hours of operation.
The backlogs have mostly been caused by a crush of goods coming from Asia.
American consumers who have been spending less on services, such as travel or going to movies or other events, have been spending more money on goods, from household goods to automobiles.
And the rise in imported goods and items that are built here with foreign sourced parts have resulted in more container volume trying to get through the ports than before the pandemic.
Wanted: 80,000 truck drivers to help fix the supply chain
(CNN) The trucking industry is short 80,000 drivers, a record high, Chris Spear, President and CEO of the American Trucking Associations, tells CNN.
That's a 30% increase from before the pandemic, when the industry (under trump) had already faced a labor shortage of 61,500 drivers.
"That's a pretty big spike," Spear added. Many drivers are retiring, dropping out of the industry. Increased consumer demand, prompting a need for more drivers, also plays a huge role in the shortfall.
This comes at a time when US ports are backlogged -- primarily because there are few trucks and drivers to pick up cargo -- creating a supply chain slowdown.
But the problem is not simply the supply of trucks or hours of operation.
The backlogs have mostly been caused by a crush of goods coming from Asia.
American consumers who have been spending less on services, such as travel or going to movies or other events, have been spending more money on goods, from household goods to automobiles.
And the rise in imported goods and items that are built here with foreign sourced parts have resulted in more container volume trying to get through the ports than before the pandemic.
Wanted: 80,000 truck drivers to help fix the supply chain
(CNN) The trucking industry is short 80,000 drivers, a record high, Chris Spear, President and CEO of the American Trucking Associations, tells CNN.
That's a 30% increase from before the pandemic, when the industry (under trump) had already faced a labor shortage of 61,500 drivers.
"That's a pretty big spike," Spear added. Many drivers are retiring, dropping out of the industry. Increased consumer demand, prompting a need for more drivers, also plays a huge role in the shortfall.
This comes at a time when US ports are backlogged -- primarily because there are few trucks and drivers to pick up cargo -- creating a supply chain slowdown.
0
Quote Originally Posted by fubah2:
Surging demand
BUSINESS INSIDER -
But the problem is not simply the supply of trucks or hours of operation.
The backlogs have mostly been caused by a crush of goods coming from Asia.
American consumers who have been spending less on services, such as travel or going to movies or other events, have been spending more money on goods, from household goods to automobiles.
And the rise in imported goods and items that are built here with foreign sourced parts have resulted in more container volume trying to get through the ports than before the pandemic.
Wanted: 80,000 truck drivers to help fix the supply chain
(CNN) The trucking industry is short 80,000 drivers, a record high, Chris Spear, President and CEO of the American Trucking Associations, tells CNN.
That's a 30% increase from before the pandemic, when the industry (under trump) had already faced a labor shortage of 61,500 drivers.
"That's a pretty big spike," Spear added. Many drivers are retiring, dropping out of the industry. Increased consumer demand, prompting a need for more drivers, also plays a huge role in the shortfall.
This comes at a time when US ports are backlogged -- primarily because there are few trucks and drivers to pick up cargo -- creating a supply chain slowdown.
Wanted: 80,000 truck drivers to help fix the supply chain
Many drivers are retiring, dropping out of the industry. Increased consumer demand, prompting a need for more drivers, also plays a huge role in the shortfall.
This comes at a time when US ports are backlogged -- primarily because there are few trucks and drivers to pick up cargo -- creating a supply chain slowdown.
President Biden directed the Ports of Los Angeles and Long Beach to move to 24/7 operations. However, the ports can't yet work round the clock because importers don't have enough drivers to move their cargo at all hours.
"24/7 operations - it's an improvement," said Spear. "But it doesn't matter if it's a port in LA or Long Beach, or the last mile of delivery from a train to a warehouse in Wichita. You're going to need a driver and a truck to move that freight."
Truck drivers move 71% of the US economy's goods.
*ed. is it truly logical and rational to blame any president for this? We were already short over 61,000 drivers under the trump admin!!
1
Quote Originally Posted by fubah2:
Wanted: 80,000 truck drivers to help fix the supply chain
Many drivers are retiring, dropping out of the industry. Increased consumer demand, prompting a need for more drivers, also plays a huge role in the shortfall.
This comes at a time when US ports are backlogged -- primarily because there are few trucks and drivers to pick up cargo -- creating a supply chain slowdown.
President Biden directed the Ports of Los Angeles and Long Beach to move to 24/7 operations. However, the ports can't yet work round the clock because importers don't have enough drivers to move their cargo at all hours.
"24/7 operations - it's an improvement," said Spear. "But it doesn't matter if it's a port in LA or Long Beach, or the last mile of delivery from a train to a warehouse in Wichita. You're going to need a driver and a truck to move that freight."
Truck drivers move 71% of the US economy's goods.
*ed. is it truly logical and rational to blame any president for this? We were already short over 61,000 drivers under the trump admin!!
Wanted: 80,000 truck drivers to help fix the supply chain
Many drivers are retiring, dropping out of the industry. Increased consumer demand, prompting a need for more drivers, also plays a huge role in the shortfall.
This comes at a time when US ports are backlogged -- primarily because there are few trucks and drivers to pick up cargo -- creating a supply chain slowdown.
President Biden directed the Ports of Los Angeles and Long Beach to move to 24/7 operations. However, the ports can't yet work round the clock because importers don't have enough drivers to move their cargo at all hours.
"24/7 operations - it's an improvement," said Spear. "But it doesn't matter if it's a port in LA or Long Beach, or the last mile of delivery from a train to a warehouse in Wichita. You're going to need a driver and a truck to move that freight."
Truck drivers move 71% of the US economy's goods.
*ed. is it truly logical and rational to blame any president for this? We were already short over 61,000 drivers under the trump admin!!
1
Quote Originally Posted by fubah2:
Wanted: 80,000 truck drivers to help fix the supply chain
Many drivers are retiring, dropping out of the industry. Increased consumer demand, prompting a need for more drivers, also plays a huge role in the shortfall.
This comes at a time when US ports are backlogged -- primarily because there are few trucks and drivers to pick up cargo -- creating a supply chain slowdown.
President Biden directed the Ports of Los Angeles and Long Beach to move to 24/7 operations. However, the ports can't yet work round the clock because importers don't have enough drivers to move their cargo at all hours.
"24/7 operations - it's an improvement," said Spear. "But it doesn't matter if it's a port in LA or Long Beach, or the last mile of delivery from a train to a warehouse in Wichita. You're going to need a driver and a truck to move that freight."
Truck drivers move 71% of the US economy's goods.
*ed. is it truly logical and rational to blame any president for this? We were already short over 61,000 drivers under the trump admin!!
Many drivers are retiring, dropping out of the industry. Increased consumer demand, prompting a need for more drivers, also plays a huge role in the shortfall.
This comes at a time when US ports are backlogged -- primarily because there are few trucks and drivers to pick up cargo -- creating a supply chain slowdown.
President Biden directed the Ports of Los Angeles and Long Beach to move to 24/7 operations. However, the ports can't yet work round the clock because importers don't have enough drivers to move their cargo at all hours.
"24/7 operations - it's an improvement," said Spear. "But it doesn't matter if it's a port in LA or Long Beach, or the last mile of delivery from a train to a warehouse in Wichita. You're going to need a driver and a truck to move that freight."
Truck drivers move 71% of the US economy's goods.
*ed. is it truly logical and rational to blame any president for this? We were already short over 61,000 drivers under the trump admin!!
Joe Biden's bipartisan infrastructure bill
awaiting action in Congress would authorize hundreds of billions of dollars for transportation, which would include workforce development for the trucking industry.
That would allow 3,000 drivers between the ages of 18-20 to undergoing professional training, permitting them to drive tractor-trailers across state lines. Currently, drivers must be 21 to do so.
0
Quote Originally Posted by fubah2:
Wanted:
80,000 truck drivers to help fix the supply chain
Many drivers are retiring, dropping out of the industry. Increased consumer demand, prompting a need for more drivers, also plays a huge role in the shortfall.
This comes at a time when US ports are backlogged -- primarily because there are few trucks and drivers to pick up cargo -- creating a supply chain slowdown.
President Biden directed the Ports of Los Angeles and Long Beach to move to 24/7 operations. However, the ports can't yet work round the clock because importers don't have enough drivers to move their cargo at all hours.
"24/7 operations - it's an improvement," said Spear. "But it doesn't matter if it's a port in LA or Long Beach, or the last mile of delivery from a train to a warehouse in Wichita. You're going to need a driver and a truck to move that freight."
Truck drivers move 71% of the US economy's goods.
*ed. is it truly logical and rational to blame any president for this? We were already short over 61,000 drivers under the trump admin!!
Joe Biden's bipartisan infrastructure bill
awaiting action in Congress would authorize hundreds of billions of dollars for transportation, which would include workforce development for the trucking industry.
That would allow 3,000 drivers between the ages of 18-20 to undergoing professional training, permitting them to drive tractor-trailers across state lines. Currently, drivers must be 21 to do so.
Many drivers are retiring, dropping out of the industry. Increased consumer demand, prompting a need for more drivers, also plays a huge role in the shortfall.
This comes at a time when US ports are backlogged -- primarily because there are few trucks and drivers to pick up cargo -- creating a supply chain slowdown.
President Biden directed the Ports of Los Angeles and Long Beach to move to 24/7 operations. However, the ports can't yet work round the clock because importers don't have enough drivers to move their cargo at all hours.
"24/7 operations - it's an improvement," said Spear. "But it doesn't matter if it's a port in LA or Long Beach, or the last mile of delivery from a train to a warehouse in Wichita. You're going to need a driver and a truck to move that freight."
Truck drivers move 71% of the US economy's goods.
*ed. is it truly logical and rational to blame any president for this? We were already short over 61,000 drivers under the trump admin!!
Joe Biden's bipartisan infrastructure bill
awaiting action in Congress would authorize hundreds of billions of dollars for transportation, which would include workforce development for the trucking industry.
That would allow 3,000 drivers between the ages of 18-20 to undergoing professional training, permitting them to drive tractor-trailers across state lines. Currently, drivers must be 21 to do so.
0
Quote Originally Posted by fubah2:
Wanted:
80,000 truck drivers to help fix the supply chain
Many drivers are retiring, dropping out of the industry. Increased consumer demand, prompting a need for more drivers, also plays a huge role in the shortfall.
This comes at a time when US ports are backlogged -- primarily because there are few trucks and drivers to pick up cargo -- creating a supply chain slowdown.
President Biden directed the Ports of Los Angeles and Long Beach to move to 24/7 operations. However, the ports can't yet work round the clock because importers don't have enough drivers to move their cargo at all hours.
"24/7 operations - it's an improvement," said Spear. "But it doesn't matter if it's a port in LA or Long Beach, or the last mile of delivery from a train to a warehouse in Wichita. You're going to need a driver and a truck to move that freight."
Truck drivers move 71% of the US economy's goods.
*ed. is it truly logical and rational to blame any president for this? We were already short over 61,000 drivers under the trump admin!!
Joe Biden's bipartisan infrastructure bill
awaiting action in Congress would authorize hundreds of billions of dollars for transportation, which would include workforce development for the trucking industry.
That would allow 3,000 drivers between the ages of 18-20 to undergoing professional training, permitting them to drive tractor-trailers across state lines. Currently, drivers must be 21 to do so.
awaiting action in Congress would authorize hundreds of billions of dollars for transportation, which would include workforce development for the trucking industry.
That would allow 3,000 drivers between the ages of 18-20 to undergoing professional training, permitting them to drive tractor-trailers across state lines. Currently, drivers must be 21 to do so.
Spear believes younger drivers are the KEY answer to the labor shortage. "I think that clearly is the most impactful thing that could be done right now to alleviate this problem. So next year, [we] are not going to be having this conversation because it will alleviate itself because we're investing," said Spear.
0
Quote Originally Posted by fubah2:
Joe Biden's bipartisan infrastructure bill
awaiting action in Congress would authorize hundreds of billions of dollars for transportation, which would include workforce development for the trucking industry.
That would allow 3,000 drivers between the ages of 18-20 to undergoing professional training, permitting them to drive tractor-trailers across state lines. Currently, drivers must be 21 to do so.
Spear believes younger drivers are the KEY answer to the labor shortage. "I think that clearly is the most impactful thing that could be done right now to alleviate this problem. So next year, [we] are not going to be having this conversation because it will alleviate itself because we're investing," said Spear.
awaiting action in Congress would authorize hundreds of billions of dollars for transportation, which would include workforce development for the trucking industry.
That would allow 3,000 drivers between the ages of 18-20 to undergoing professional training, permitting them to drive tractor-trailers across state lines. Currently, drivers must be 21 to do so.
Spear believes younger drivers are the KEY answer to the labor shortage. "I think that clearly is the most impactful thing that could be done right now to alleviate this problem. So next year, [we] are not going to be having this conversation because it will alleviate itself because we're investing," said Spear.
0
Quote Originally Posted by fubah2:
Joe Biden's bipartisan infrastructure bill
awaiting action in Congress would authorize hundreds of billions of dollars for transportation, which would include workforce development for the trucking industry.
That would allow 3,000 drivers between the ages of 18-20 to undergoing professional training, permitting them to drive tractor-trailers across state lines. Currently, drivers must be 21 to do so.
Spear believes younger drivers are the KEY answer to the labor shortage. "I think that clearly is the most impactful thing that could be done right now to alleviate this problem. So next year, [we] are not going to be having this conversation because it will alleviate itself because we're investing," said Spear.
awaiting action in Congress would authorize hundreds of billions of dollars for transportation, which would include workforce development for the trucking industry.
That would allow 3,000 drivers between the ages of 18-20 to undergoing professional training, permitting them to drive tractor-trailers across state lines. Currently, drivers must be 21 to do so.
Spear believes younger drivers are the KEY answer to the labor shortage. "I think that clearly is the most impactful thing that could be done right now to alleviate this problem. So next year, [we] are not going to be having this conversation because it will alleviate itself because we're investing," said Spear.
1
Quote Originally Posted by fubah2:
Joe Biden's bipartisan infrastructure bill
awaiting action in Congress would authorize hundreds of billions of dollars for transportation, which would include workforce development for the trucking industry.
That would allow 3,000 drivers between the ages of 18-20 to undergoing professional training, permitting them to drive tractor-trailers across state lines. Currently, drivers must be 21 to do so.
Spear believes younger drivers are the KEY answer to the labor shortage. "I think that clearly is the most impactful thing that could be done right now to alleviate this problem. So next year, [we] are not going to be having this conversation because it will alleviate itself because we're investing," said Spear.
Quote Originally Posted by KellyM_1964: Quote Originally Posted by KellyM_1964: DOW flirts with new alltime high water mark on wednesday . previous high set this summer under president biden s & p index inches away from that goal line too nasdaq comp peaked in early september , then dropped the whole month , but is on a solid rebound again on more positive economic outlooks thanks joe !
I know my portfolio is doing well!
How stocks are doing in 2021 (YTD)
• DOW +16.35% • NASDAQ +17.33% • S&P +20.77%
im spread out bit more in nasdaq doing well too
even tho the economic outlook was very slightly reduced recently the markets r doing great !
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
0
Quote Originally Posted by fubah2:
Quote Originally Posted by KellyM_1964:
Quote Originally Posted by KellyM_1964: Quote Originally Posted by KellyM_1964: DOW flirts with new alltime high water mark on wednesday . previous high set this summer under president biden s & p index inches away from that goal line too nasdaq comp peaked in early september , then dropped the whole month , but is on a solid rebound again on more positive economic outlooks thanks joe !
I know my portfolio is doing well!
How stocks are doing in 2021 (YTD)
• DOW +16.35% • NASDAQ +17.33% • S&P +20.77%
im spread out bit more in nasdaq doing well too
even tho the economic outlook was very slightly reduced recently the markets r doing great !
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