General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSo it has begun.
Dock workers and Container Haulers are being laid off or sent home because Container Ships from China are not Berthing in LA and Long Beach. Guy's this is going to get ugly damn fast.
The two major Railroads that haul these Containers will be Annulling or out right canceling Trains shortly.
And the Layoffs will spread accordingly.
BigmanPigman
(51,430 posts)I was laid off (and a coworker) the day after the 1987 stock market crash and hours cut drastically during the Bush "1" term. This is going to be a lot worse!!!
uponit7771
(90,225 posts)so like in 2007 - 08 is structural and not a blip.
Also a lot of US shale companies were financed with junk bond money.
Watch the LIBOR
Bernardo de La Paz
(48,786 posts)Totally Tunsie
(10,885 posts)We're all going to suffer bigly from the coming recession.
CaptYossarian
(6,448 posts)His stupidity and collection of personality disorders have allowed this to grow exponentially.
It's his and his alone. I don't care where it started. He slashed the pandemic team and severely cut CDC funding.
Totally Tunsie
(10,885 posts)Hope it works its magic in November!
rockfordfile
(8,682 posts)lame54
(35,134 posts)We did that for 2 years
Left most stores empty handed
iluvtennis
(19,757 posts)It would take long time to get manufacturing setup here to fill the gap.
trof
(54,255 posts)Wellstone ruled
(34,661 posts)JIT Auto parts.
Wellstone ruled
(34,661 posts)Last Night about 8 MT,noticed BNSF East Bound Container Trains out of Long Beach,and LA were running darn light. Shorter Trains with less double stacks. West bound were mostly empty Containers to be shipped back to China or Eourpe.
MFGsunny
(2,356 posts)MoonlitKnight
(1,584 posts)Business slowdown.
Wellstone ruled
(34,661 posts)Been down that friggin road a few times . Always had the local Unemployment Office Addy and Phone numbers handy just in case as well as a 20 papercliped to the Post it note,just in case. Gas money or Bus fare.
yaesu
(8,020 posts)wouldn't have been tested. They felt sickly & got tested. Hanks has diabetes so he may have problems. Movie production for his new film will be shut down which raises another industry concern. This shit is crazy.
Wellstone ruled
(34,661 posts)the Aussie's are ahead of the curve.
Efilroft Sul
(3,573 posts)I lost eight jobs today because my client smartly canceled its attendance at shows scheduled for April and May or the shows' organizers postponed the events.
The loss of income will hurt, but I'm glad I work with level-headed people.
Wellstone ruled
(34,661 posts)Vegas. Industry shows are the gravy for Vegas. Billions in Revenue.
Efilroft Sul
(3,573 posts)Hoping that my client's keynote sales pitches can be made into webinars that I can promote for them.
If coronavirus hits us hard, springtime in America is going to look like the fifth anniversary of the Thanos snap.