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October 23, 2021
Chip industry is falling pretty much precipitously. 37% back in 1990. it is expected to fall to about 10% by the end of this decade, and if you think about the potential ripple effect here, just in terms of a car, about 1,500 chips go into a typical car. if even one is stuck on a container ship off the coast of california, theyre not going to build that car. thats kind of what were dealing with and why this is, as i said, yet another dimension in this growing supply chain crisis. alex. >> i just...
October 23, 2021
Businesses get hurt. >> companies are losing money because theyre not able to get products on themselves. >> theyre is no creative way for a quick fix to this problem right now until the goods, both the end-user goods and the components get into the country and get into the factories and the manufacturer stands. until then, were going to star running out of things fred. >> who do you think and do more? >> the container ship revolutionized the way the worl moves cargo. it fueled the rise of china...
October 22, 2021
Manufacturers hands. until then, we are going to start running out of things. >> who do you think can do more? >> i believe it up to the ports and mr. president. >> >> so the container ship really revolutionized the way world moves cargo china and dependence on it what we are seeing a global supply chain overwhelmed and no silver bullets, were told, to end it any time soon. bret? >> william la jeunesse in the water off port of los angeles, william, thanks. now to some good news for a change. the...
October 22, 2021
The spoilage that is occurring is where companies are losing money. theyre not able to get products on the shelves in customers hands. >> so cargo used to travel by crate and barrel and bag and right now everything that moves across the pacific and the atlantic is by container ship. while all of us would like to see more products made in america, this mode of travel for cargo has changed the world. experts say theres no silver bullet to solve the problem we have. back to you. >> martha: incredib...
October 22, 2021
Ships are stuck wanting to unload everything americans are waiting for. >> dana: fox team coverage. hillary vaughn at the white house, chris wallace with analysis and william la jeunesse is getting us started in los angeles at the port. maybe youre in the water. >> almost, dana. have you ever been to a wal-mart or a home depot and wondered how did all this stuff get here? well, this is how. but when there is a kink in the supply chain, it is a mess. take a look. right now were in san pedro bay. ...
October 22, 2021
Making that happen, they say its a goal, but its not a reality. the waters off the coast of basically long beach and los angeles, its never been this busy and crowded. 109 ships are waiting just to come into port. half of them out here are at anchor and the other half are in a holding pattern up and down the coast waiting for their turn. some of these container ships are three football fields long, 50 yards wide. a long field goal. they can care are up up to 25,000 tons. thats like looking at ev...
October 21, 2021
Americans seem to be facing shortages at every turn. Here's everything you need to know about what's causing the supply-chain crisis.
October 21, 2021
Like 19 to back 22 guys and youre out in the middle of the water. 19 to my 22 guys every single day and you cant contact your family, sometimes its like being in jail. >> its truancy ports around the world but worse here because of the backup in the ports. 2-3 miles up the ports of l.a. and long beach and what youre looking at is a massive traffic jam in the pacific. right now there are 167 ships of these ports, that is a record. the focus of the supply chain crisis are these, the container ship...
October 20, 2021
The global supply chain has been stretched past its limit during the pandemic and experts say consumers are more than partly to blame.
October 20, 2021
You are going to have to wait longer. even longer if the companies that are trying to deliver your goods to your home or your store and they have these mask mandates or they have these vaccine mandates and people arent going to comply, then they are going to leave their jobs. steve: heres one of the problems. i was reading this morning that in denver, school kids, they cant get them milk. they are running out of milk in short supply right now. canned goods, boxed items also short supply. the pro...