3/ tariffs. So it’s actually higher than usual because of that. But in the first and second week of May it drops off dramatically. I’ve heard the drop off described in different ways. But the most optimistic seems to be a reduction in imports of about 50% or a bit less. Ships to the west coast go… - ThreadSky

joshtpm.bsky.social • 1 day ago

3/ tariffs. So it’s actually higher than usual because of that. But in the first and second week of May it drops off dramatically. I’ve heard the drop off described in different ways. But the most optimistic seems to be a reduction in imports of about 50% or a bit less. Ships to the west coast go…

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joshtpm.bsky.social•1 day ago

4/ and to the east coast through the canal. So it hits the west coast first. Then it shows up in Chicago a week or so later as rail and trucking freight drop off. Then on the east coast as ships don’t arrive there. I was talking to one regional banker in the mid Atlantic who told me …

dredecopp.bsky.social•1 day ago

Apparently the Port of Seattle (closest in the continental USA to Asia) is a ghost town today.

wndlb.bsky.social•21 hours ago

Here you go with the numbers ALL detailed: https://www.vizionapi.com/blog/tariff-tracker?_gl=1*rate1c*_up*MQ..*_ga*NzcyMjY3ODEwLjE3NDU2MTI3NDM.*_ga_2FGCSDCLV4*MTc0NTYxMjc0Mi4xLjAuMTc0NTYxMjc0Mi4wLjAuMA..

chrisvdkieboom.bsky.social•1 day ago

It almost sounds like tracking the movement of New World gold and silver in 16th century Spain through inflation

fancycwabs.bsky.social•1 day ago

The good news is all those out of work truck drivers can convoy to Washington DC to celebrate their new freedom, the way they went to DC to protest having to wear masks and get vaccinated.

unhipcat.bsky.social•1 day ago

remember that gimmeyourmoney site that took donations to pay for people’s gas to drive to dc for that tractor parade or something several years ago?
How did that thing work out?
how did drivers tell the pumps to just put their fill-up on that website’s bill?
what a bunch of fools.

joshtpm.bsky.social•1 day ago

5/ that after the first week or may there are simply no ships from China arriving. Whatever the precise specifics the point is that this is already locked in. The severe drop off has already happened but it’s all off set by weeks because the Pacific Ocean is big and ocean freight speed is …

truthhawk.bsky.social•1 day ago

This is huge and being ignored. Most China tariffs are still on, but delayed for others. Regardless, NOBODY want to ship anything because cargo could be stranded en route if Trump wakes in a bad mood. Even during worst of COVID, some shipping continued. This will be worse for supply chains.

joshtpm.bsky.social•1 day ago

6/ relatively slow. And it has knock on effects in domestic shipping. It will hit trucking hard but that’s still a couple weeks away. Even if you only have roughly a 50% drop off in volume that shows up not just as rising costs but shortages. And even Trump woke up tomorrow and …

joshtpm.bsky.social•1 day ago

7/ called everything off you’d still have a significant period of shortages locked in. And obviously that’s not going to happen. We will also almost certainly see a limited version of the supply chain snarls we say during the pandemic. There are reports of some containers simply sitting or …

greybunny.bsky.social•6 hours ago

"A limited version"?! Be serious here, we've lost more shipping already than we had at the peak of the pandemic. The ports at Seattle and LA are *empty*. Truckers in LA are trying to sell off their trucks before the glut hits.

joshtpm.bsky.social•1 day ago

8/ being abandoned in ports. Also when there’s no product you start laying off truckers or independents do something else. So when the product comes back on line the system to move the product out of port doesn’t come back immediately. The upshot is that we’ve already locked in a long hot …

thebestgay91.bsky.social•1 day ago

Are there specific types of products we should be concerned about, or are we so totally dependent that it will be an across the board lack of access?

kingcrabmi.teamlh.social•1 day ago

My dumb question is what happens to these ships in the interim? Is there enough regional or global space for them to dock or do they idle or anchor in the ocean while waiting for a future load? The way logistics has evolved makes me suspect there’s limited free space in ports

peanut24.bsky.social•1 day ago

Not to mention that when the supply chain unsnarls, the pent up demand will cause an uptick in inflation, just like after the pandemic. It took years to straighten that out.

joshtpm.bsky.social•1 day ago

9/ imports summer regardless of what happens now.

dahoovster.bsky.social•1 day ago

Also, if anyone is able to make a sale for export, they need the emptied container to ship back. If those never arrive… even more problems.

scottgoeke.bsky.social•1 day ago

there’s layers of knock on effects this time vs 2020, too

1. no business has been able to to any planning—and will be leery of acting even if he calls off all the tariffs because he’s so erratic

2. containers! they’re going to be stacked in storage, they’re not just ready to go if things change…

llannerch.bsky.social•1 day ago

Laying off truckers like Ben?

Source: https://www.bbc.co.uk/news/articles/cly1n7jz587o

richardhanley.bsky.social•1 day ago

Longshoremen's union supported Trump. "He’s a hero to our ILA union and members," said the ILA president.

dickius.bsky.social•1 day ago

This is what the Teamsters wanted.

https://www.nytimes.com/2024/07/16/us/politics/teamsters-boss-sean-obrien-rnc.html

aristoph.bsky.social•10 hours ago

📌

graham6732.bsky.social•1 day ago

I suspect that those of us in niche regional trucking are going to be competing soon with some long haul companies and owner-operators desperate for work. Add enough trucks into the pool and rate cuts are inevitable. We'll all be struggling (failing) soon enough.

chrissmithmuso.bsky.social•1 day ago

Bigly. That fucking moron.

torsade.bsky.social•19 hours ago

Art supplies, probably medical supplies, cleaning and sanitizing supplies, sports supplies, little parts that make things work in all kinds of equipment and disciplines.

nansv.bsky.social•1 day ago

Are ships now on their way, so there is just a window with no ships arriving? Or are things still at a standstill, with very few ships on their way?

wallaby67.bsky.social•1 day ago

It tells me China was planning for this well in advance. Come to think of it, all the other nations were ready for this. Supply chains already shifted. It's almost as if the only place in the world anyone falls for Trump's B.S. is the United States.

yimmysue.bsky.social•1 day ago

....and Canada.

Canada was caught flat footed. Didn't learn a thing from the first Trump go-round, never spent a minute thinking of reactions, alternatives or contingencies, and will suffer beyond imagination from this.

Booing the anthem at hockey games is their best idea so far.

aletheion.bsky.social•1 day ago

s gonna cost a lot of jobs

tuftmama.bsky.social•1 day ago

I’ve been talking to people all weekend at a craft fair I’m doing to promote my rug making school and people are taken aback when I tell them I’ll be forced to close because of the tariffs. And not just because of the costs. The materials just can’t get here. People have no idea what’s coming.

derrelldurrett.bsky.social•1 day ago

I've seen the charts (though not forward-looking ones). Is that reduction year-over-year ? Compared to some other baseline?

johnpfisher.bsky.social•1 day ago

Saw this today, RE West coast freight
https://www.seattletimes.com/business/tariff-tit-for-tat-has-seattle-waiting-for-the-ships-to-come-in/

airwolf.bsky.social•1 day ago

It will be about 50% down to west coast ports the week ending May 10th. The following week it will drop by another third *week-over-week*.

airwolf.bsky.social•1 day ago

https://bsky.app/profile/airwolf.bsky.social/post/3lnkuk6ftwk2y

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