The San Francisco Chronicle has now noticed just how bad the global supply chain has become, and how bad it is hitting the Bay area
Mac Harman, CEO of Redwood City’s Balsam Hill, is paying 270% more to import artificial Christmas trees and decorations from overseas factories. “Ocean freight rates have gone up like crazy,†he said.
Steve Snodgrass, chief financial officer of Graniterock, a major Watsonville construction materials supplier, paid $2.5 million for spring delivery of 10 concrete mixer trucks. He’s still waiting.
Their travails illustrate how clogged the global supply chain has become. Pandemic disruptions and labor shortages are exacerbating issues with the complex way products are sourced from components made all over the world. A single choke point — such as carmakers’ current struggles to get key computer chips — can create a significant bottleneck for an entire industry.
“These are problems that have always been there but the pandemic exposed a lot of them,†said Trent Willis, president of ILWU Local 10, the union for Oakland longshore workers.
Can you guess what word is missing from the entire story? It’s “Biden”. Now, Surrender Joe is not necessarily to blame for this, but, you know that if Trump was president the media would be noticing the supply chain issues quite a bit more and be Blaming him. Certainly, Biden’s anti-business policies do not help, but, for the most part, it’s not his fault. He’s just doing absolutely nothing to alleviate the issue. Even all you Trump haters have to admit that Trump would be working hard to fix the problem. Perhaps involving Mean Tweets, but, Joe and his administration are MIA
Downstream, all those holdups will translate for consumers into higher prices and longer waits. It won’t mean a return to the early pandemic days when store shelves were stripped bare of essentials. You’ll still be able to buy a laptop, exercise bike or jeans — if you’re flexible about which brand. If you have your heart set on a specific model, however, you may have months-long delays. And there may be spot shortages of some goods, ranging from cars to appliances to home decor.
It’s not just one factor hindering the production and movement of goods.
“Every part of the supply chain has reached capacity,†said Jim McKenna, CEO of the Pacific Maritime Association, which represents the ocean carriers and terminal operators who operate at the 29 West Coast ports. “It’s a global issue, and there are no easy ways to fix it. The volume is unrelenting and it’s forecasted to continue through the first part of 2023. This is far from over.â€
Joe doesn’t care how this is hurting the Little People. He’s focused on his hardcore, big government agenda. And taking every weekend off.
Read: JoEconomy: Epic Cargo Backlog Hits Northern California »