5 votes

We were warned about the ports - A 2015 federal report predicted the entire slowdown that’s come to pass

1 comment

  1. AugustusFerdinand

    In July 2015, the Federal Maritime Commission, a federal agency with little name recognition and even less influence, released a report sounding the alarm about the state of America’s ports. A congestion crisis had been building for years and was fast becoming untenable; even the country’s relatively tepid economic-growth rate was straining against decades of disinvestment at its most critical trading hubs. Chassis weren’t available, trucks couldn’t get in or out, and terminals stayed perpetually clogged.

    That crisis had “resulted from events that have developed or emerged over a considerable period of time and from within the system itself, rather than being the result of external shocks, such as unanticipated surges in container volumes or management-labor issues,” the report surmised. “Many seem to think it is inevitable that embracing ‘business as usual’ will lead to significant further declines in the performance of the U.S. intermodal transportation system.”

    And then, of course, business went on as usual.

    4 votes