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Friday, 2 September 2016
quote [ The bankruptcy of the Hanjin shipping line has thrown ports and retailers around the world into confusion, with giant container ships marooned and merchants worrying whether hundreds of tonnes of goods being carried by the South Korean company will reach shelves. ]
It is an event like this that underscores how fragile the global economy really is. The cumulative effects of this, if it is not seen to quickly are an immediate rise in shipping fees and layoffs in manufacturing and retailing across the globe. Oh....and sparse shelves come Christmas....
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bbqkink said @ 5:55pm GMT on 2nd September
It is a plant in mexico waiting for materials so that their product can be shipped to Alabama to be finished, then shipped overseas to Europe to market.
Having a hard time felling sorry for a manufacture that would stretch out his supply chain that far trying to save a couple of pennies.
>could face a temporary paralysis
Good, a few empty shelves may wake people up.
bbqkink said @ 6:02pm GMT on 2nd September
It is a plant in mexico waiting for materials so that their product can be shipped to Alabama to be finished, then shipped overseas to Europe to market.
Having a hard time feeling sorry for a manufacture that would stretch out his supply chain that far trying to save a couple of pennies.
>could face a temporary paralysis
Good, a few empty shelves may wake people up.
<-- Entry / Current Comment
bbqkink said @ 5:55pm GMT on 2nd September
It is a plant in mexico waiting for materials so that their product can be shipped to Alabama to be finished, then shipped overseas to Europe to market.
Having a hard time feeling sorry for a manufacture that would stretch out his supply chain that far trying to save a couple of pennies.
>could face a temporary paralysis
Good, a few empty shelves may wake people up.
