Two US Ports Are Devastating the Global Supply Chain — Is It Incompetence or Done by Design?Dr. Joseph Mercola shares important facts and asks great questions in the article below, but I'll take it a step further and say this. Yes, the supply chain collapse is being done on purpose.by Dr. Joseph Mercola July 18, 2022 in OpinionsShipping Supply Chain
STORY AT-A-GLANCE
More than 80% of global merchandise trade by volume is carried by ships, which means disruptions to ports can lead to major economic disruption
The Container Port Performance Index ranks 370 ports that had a minimum of 20 ports of call within the 12-month study period
Coming in second to last and last were Long Beach and Los Angeles ports in California, with index values of -281.841 and -348.928, respectively
At top performing ports like King Abdullah Port in Saudi Arabia, 97 containers were moved per hour, compared to just 26 at the California ports, highlighting the stark differences in efficiency
The weaknesses at U.S. ports are contributing to high inflation, which is exacerbated by supply chain issues that make it more expensive to move goods
Illustrating the fragility of global supply chains, in March 2021, a massive container ship became wedged across the Suez Canal in Egypt — blocking “an artery of world trade,” triggering a rise in oil prices and leading to fallout that affected shipping around the globe.1
It’s hard to believe that a single incident could have ripples that congest the supply chain around the globe, but it’s true that a single weak link can have devastating effects. In 2021, another weak link came to light in Southern California, where two ports came in last on the Container Port Performance Index, created by the World Bank and S&P Global Market Intelligence.2
Ports Play a Critical Role in Global Economy<..snip..>
https://noqreport.com/2022/07/18/two-us-ports-are-devastating-the-global-supply-chain-is-it-incompetence-or-done-by-design/