Google "gaports awe1". Add in that the new Panamax ships have a larger capacity, meaning that it is going to 4 to 6 days longer than by rail to the east coast after dropping them off at Long Beach
a) take longer to load and unload
b) because toll through the canal is based on the capacity of the ships - meaning that ships might wait in port an extra day to catch more containers. to make the trip cost effective.
Supply chain is important. Just in time manufacturing requires the parts get there when they are needed.( I was trained in this field and developed some of the first computer software ).
I got in over a decade ago at $36 a share and hold Georgia Power Preferred . Right now it is overpriced - in fact I sold some off last week a) to buy an SUV and because I feel that the price like get back to $50. It rose this high because of BREXIT. I like the income that I am getting and will continue hold.
He spend a lot of time just giving himself 10 thumbs down for each message. He must have a well-deserved inferiority problem.
Reinsurance policies are quite cheap. I carry an umbrella policy for myself and had one for the LLC my wife and I had.
Railroads have a monopoly on moving large, bulky products, like coal, wood chips, iron ore, corn, wheat, ethanol. It is very easy for truckers to compete with one another, driving down profitability to below zero..
Boeing makes its planes in several plants. The semicompleted 737 fuselages travel by rail from Kansas to Washington state - try moving those over the road.
The time value cost of Get the book "Principles of Transportation Economics" by Kenneth Boyer.
One benefit is that there is now more time for track maintenance. I saw huge piles of corn lying on the ground covered with tarps because the grain elevators will filled up in Iowa and Illinois. One of these days the farmers are going to need to sell it, even at a loss and there will be long strings of triple-bottomed covered hoppers and corn syrup tank cars.
Yesterday's Wall Street Journal forecasted a 10% increase by 2020. I think the figure is overstated.
A couple of weeks ago I saw how the CSX is taking advantage of the lower traffic levels to do heavy track maintenance in central Georgia.
NS has given over a major West Virginia over to WATCO to run it as a shortline.
I was out in Iowa last week, seeing what is happening on the BNSF and UP - coal is not entirely dead. Still some big piles of grain on the ground, covered with tarps.
There is a 20 mile Iowa Northern branch south of Garner, Iowa that is almost filled (except for grade crossings and driveways.) with covered hoppers that used for fracking sand or portland cement. I would estimate over 2,000 cars, some very new..