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I was trying to be a bit dramatic there... Sure, it affects everything and given the complex interconnections and dependencies within production chains / netwo

by cmenge 5y ago

I was trying to be a bit dramatic there... Sure, it affects everything and given the complex interconnections and dependencies within production chains / networks, the cause-and-effect relationships are hard to understand and cause for concern. But given how complex and decentralized things are, I am still amazed we haven't seen worse effects (yet). I doubt that spare capacity in logistics alone would make a huge difference, because you'd also need spare parts, materials and manufacturing capacity, all of which are part of the same network.

CityOfThrowaway 5y ago
First one thing, and then the next. The spiral is in its early innings right now. Hold on tight!
- kwertyoowiyop 5y ago
  With shipping containers being sent back to Asia empty rather than taking an extra leg to mid-America to fill up on US farm products to sell in Asia, is the price of soybeans and corn in Asia going to spike soon?
  - m4rtink 5y ago
    Do you really ship this stuff in containers rather than by bulk carrier ?
    - OldHand2018 5y ago
      Farmers are smarter than you give them credit for. They check real-time shipping costs and choose the cheaper option. It takes a few dollars worth of cardboard to turn a shipping container into a suitable container for corn or soybean shipping (really!).
      - m4rtink 5y ago
        Interesting! Still packing/unpacking could take longer I guess, in comparison to a modern bulk terminal, right ?
  - deleted 5y ago
    [deleted]