What Makes U.S. Shipping So Difficult | CNBC Marathon

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  • Опубликовано: 7 июн 2024
  • CNBC Marathon reviews why the U.S. shipping industry is such a conundrum.
    First, CNBC explores how freight railroads became so profitable and how the industry plans to evolve to stay on top. The United States lags behind the rest of the world when it comes to passenger trains but when it comes to the freight railroad the U.S. is dominating. The U.S. freight rail network operates over 140,000 miles of privately-owned track in every state except Hawaii, according to the Association of American Railroads. It moves one-third of all U.S. exports and roughly 40% of long distance freight volume.
    Next, CNBC takes a look at American ports. The Port of Los Angeles, the busiest port in North America, saw record volume in 2021. Imports including furniture, car parts and apparel surged to a record 5.5 million TEU's in 2021, a 13% increase from the previous high in 2018. A TEU or twenty-foot equivalent unit is the industry standard to measure cargo capacity for ships and terminals. One 20 ft container can hold about 400 flat-screen TVs. But along with that volume came an array of headwinds impacting everyone from retail stores and large manufacturers to portside communities.
    Lastly, CNBC reviews why the U.S. and Canada haven’t done more claim the Arctic regions available for shipping. Two of the largest shippers in the world, MSC and Maersk, told CNBC they’ve decided not to ship in the Arctic. MSC cited both environmental degradation and unpredictability issues, among other considerations. Others, though, argue global environmental conditions could improve, with reduced carbon emissions from shorter transits. Arctic sea lanes might be ice-free in the summertime by 2035, according to scientists. That could mean faster global shipping times, and Russia and China are already taking the lead on their side of the frozen North. So why aren't the U.S. and Canada doing more? “It’s really a question of saving shipping cost-saving time versus that lack of predictability,” Gabriella Gricius from the North American and Arctic Defense and Security Network told CNBC.
    CNBC Marathon brings together the best of CNBC’s coverage on the U.S. shipping industry.
    Chapters:
    00:00 Introduction
    00:50 Why U.S. Freight Trains Are So Much Better Than Passenger Rail (Published Feb. 2022)
    15:49 Why U.S. Ports Are Some The Least Efficient In The World (Published Feb. 2022)
    30:17 Should The Arctic Be Open For Shipping (Published Feb. 2022)
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    What Makes U.S. Shipping So Difficult | CNBC Marathon

Комментарии • 640

  • @alexsteven.m6414
    @alexsteven.m6414 Год назад +269

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  • @DieselDucy
    @DieselDucy Год назад +131

    As a locomotive engineer for a class one railroad. I will say the working conditions at train companies in the USA are HORRIBLE! We are FORCED to drive trains dead tired. Punished if we try to take any time off work, including being HARASSED for taking FMLA leave.

    • @0fficialdregs
      @0fficialdregs Год назад +14

      i truly feel bad for you and all railroad employees who just wanna make a living and enjoy the railroads

    • @HTV-2_Hypersonic_Glide_Vehicle
      @HTV-2_Hypersonic_Glide_Vehicle Год назад +3

      @@0fficialdregs me too... this is why even though I would love to become a railroad engineer, these working conditions discourage me from pursuing the job

    • @0fficialdregs
      @0fficialdregs Год назад +2

      @@HTV-2_Hypersonic_Glide_Vehicle I would say look into the class 2 and 3 railroads, but I'm sure you want to work for one of the larger railroads instead.

    • @HTV-2_Hypersonic_Glide_Vehicle
      @HTV-2_Hypersonic_Glide_Vehicle Год назад +3

      @@0fficialdregs I like the idea (while it may not be realistic) of going to and from Texas to Colorado by freight train and going from the Gulf of Mexico into the Rockies.

    • @0fficialdregs
      @0fficialdregs Год назад +2

      @@HTV-2_Hypersonic_Glide_Vehicle I don't see anything wrong with that. that sounds amazing honestly

  • @CoachZed
    @CoachZed Год назад +142

    nice to see that the railroads are the most profitable they've been in history, yet their employees are striking because of how poorly they've been treated. It used to be that the railroad was one of the best jobs you could get, now its not much better than working fast food

    • @icanfartloud
      @icanfartloud Год назад

      The increase in money is directly tied to Biden shutting down pipelines so Soros' trains could get the contract to ship the oil, at least nowadays.

    • @kimobrien.
      @kimobrien. Год назад +9

      Its the Railay "Slave" Labor Act. In the 1950's a train crew was 5 people today the bosses want to run longer trains with just two crew and want to reduce that to one. Not tp mention all the other jobs that have been eliminated.

    • @maxwalsh234
      @maxwalsh234 Год назад +4

      @@kimobrien. yet trumpies pretend that everything is ok because h e saved a few steal mils 😂

    • @kimobrien.
      @kimobrien. Год назад +1

      @@maxwalsh234 No its people like you who are the ones pretending that capitalist Democrats are the saviors of mankind. Trump points out your hypocrisy and you go wild.

    • @kimobrien.
      @kimobrien. Год назад +1

      @@maxwalsh234 Queen Hillary was the candidate of indigestible promises by.coal bosses and steel magnates alike. People like Warren Buffet who brags about paying less taxes than his serrate and wanys bigger profots from BNSF. Jeff Bezos owner of the Washington Post and Amazon.

  • @jonathonwood2868
    @jonathonwood2868 Год назад +82

    Funny how they always say they are short on the labor side, it's not a people problem, if companies would pay better they would attract more people.

    • @Species-lj8wh
      @Species-lj8wh Год назад +8

      Its not the pay. Its the way they treat there employees. Want to work as a train engineer? Your expected to work 14 hours a day 5 days a week. You get 48 hours off. Not 2 days. If you got off at 6pm Friday your expected to be back on the clock at 6pm Sunday. Those 5 days on your on call. 24 hours a day.
      Mind, You will be paid up to 200k a year. With Golden Healthcare plans and Retirement. But they will run you hard and put you away wet.

    • @PRH123
      @PRH123 Год назад

      @@Species-lj8wh I would gladly agree to that

    • @davidshaffer4649
      @davidshaffer4649 Год назад +2

      It isn't just pay,but working conditions.i drive tractor trailer and looked into being an engineer and they have no holidays weekends and work on a 2hr call.they call you anytime and you show up in 2hrs or face the consequences.if they don't start treating people better they will be in worse shape than trucking no matter what they pay.

    • @PRH123
      @PRH123 Год назад +2

      @@davidshaffer4649 that’s why the us needs a national labor codex, as most all other countries in the world have…. Those sorts of demands simply wouldn’t be allowed… in the interests of protecting the employee, and in the interests of safety…. A tired overworked stressed out employee is unsafe…

    • @GintaPPE1000
      @GintaPPE1000 Год назад

      That's not how wages work. Especially not for transportation-related jobs. The freight companies just pass those costs onto the customers by raising shipping rates. Those manufacturers and producers in turn pass their shipping costs onto you, the buyers of their goods - including those hardworking engineers and yard crews who moved them. At best, the cost of everything only increases as fast as wages, so everyone is stuck where they are now. At worst, prices inflate faster than wages, and you just put more people into poverty.
      The only way to actually increase the average person's purchasing power is to either going to a Soviet-style command economy where the government sets the prices, or to decrease the cost of goods through greater efficiency. Like it or not, the American way of life is founded upon the lower third of the country being paid a pittance.

  • @cqd-tv4zi
    @cqd-tv4zi Год назад +81

    Why bother automating trains? It takes two men (one engineer, one conductor) to drive the train, which moves 200 trucks worth of goods. The rail needs one man per 100 containers, where the truck needs one man per each container, thus the saving will be minimal. Plus, many local yards still use manual rail switches, they are not going to update the entire system just for ‘automatic’ trains.

    • @matt0844
      @matt0844 Год назад +2

      My though exactly

    • @bnosza
      @bnosza Год назад +1

      @@matt0844 When the union strike for some reason that’s the main idea behind automated the whole thing i think.

    • @Kharmatos13
      @Kharmatos13 Год назад +3

      Automated trains can run 24/7 with no breaks and the companies don't have to be extorted by unions.

    • @robertomartin8731
      @robertomartin8731 Год назад +2

      Profits, who cares about workers. Corporation don't care about laborers they're just cost that can be reduced as much as possible.

    • @honkhonk8009
      @honkhonk8009 Год назад +1

      Its for safety reasons.
      Their gonna automate trains the same way they automate your airliners.
      Airliners dont need pilots to take off, fly, and land.
      Pilots are simply there to make sure everything works out, and to take over in emergencies.
      Train operators are prone to failure, no matter how you look at it. Its repetitive.
      Automating the system is a good plan. They already have automated alot of the system anyways.

  • @stacyjaye6350
    @stacyjaye6350 Год назад +104

    I'm a former teamster, and I am Union to my bone. But I can't back people that are against technology, like trying to save Coal jobs, for being against automation. Time marches on, folks. Lead, follow, or get the hell out of the way.

    • @Onehourworkout
      @Onehourworkout Год назад

      I call b******* f*** you

    • @yourfriend4104
      @yourfriend4104 Год назад +1

      What is even more confusing is that tech companies are automating the jobs that people aren't interested in or have enough of that they are fighting against. It's happening with the trucking business where there is a lack of truck drivers which is why companies are trying to provide some automation. I would only imagine if trucking companies would even refuse any truck drivers as it would be an expensive change.

    • @who2u333
      @who2u333 Год назад +1

      Yea, screw all of those folks threatening a strike right now and pretending that it is because of pay and working conditions.

    • @bighands69
      @bighands69 Год назад +9

      The US closed down US coal mines with the promise of fancy technology energy generation only to then import US coal from South America at a higher cost.

    • @Onehourworkout
      @Onehourworkout Год назад +6

      @@who2u333 they wanted time off unpaid

  • @gaslitworldf.melissab2897
    @gaslitworldf.melissab2897 Год назад +22

    That the carrying capacity is so much greater for trains should urge us to support trains. I do wish more trains offered passenger travel. I really prefer trains to airplanes and freeways. It's far more relaxing and you have space around you - even in regularly priced seats.

    • @westside213
      @westside213 Год назад +2

      You should move to Europe! I think you're going to be disappointed if you keep waiting for Americans to give up their cars (not gonna happen). Also, America is less dense than Europe and most parts of Asia and we should keep it that way! Stop trying to change this country, if you don't like it, leave!

    • @joebloe1401
      @joebloe1401 Год назад +1

      one TuSimple employee commented on December 5 saying: “We’re going through huge layoffs right now. Stock is at an all time low. No clear path to making money.”

    • @travelinman70
      @travelinman70 Год назад

      passenger trains are prevalent in Europe, but it's not "cheap".

  • @MinhLe-vj9ij
    @MinhLe-vj9ij Год назад +6

    Very informative presentation, we learn a lot from watching this program. Thank you for making it available to all of us. Again, thank you.

    • @joebloe1401
      @joebloe1401 Год назад +1

      one TuSimple employee commented on December 5 saying: “We’re going through huge layoffs right now. Stock is at an all time low. No clear path to making money.”

  • @thestockfother
    @thestockfother Год назад +6

    Nationalize trains. Nationalize trains.
    Nationalize certain trains/tations routes for trade.

    • @johnsamuel1999
      @johnsamuel1999 Год назад +1

      Lol noo , thats a bad idea

    • @honkhonk8009
      @honkhonk8009 Год назад

      In Canada, we didnt nationalize our telecommunication infrastructure.
      Instead, we have regulation that forces them to fairly rent out their infrastructure to smaller companies, which in turn compete.
      Really helped us lower the price we pay in data.
      The US should do the same. Not fully nationalize, but partially.

  • @Parker307
    @Parker307 Год назад +103

    The freight train industry lobby is very very powerful. They have also been successful in shaping public opinion. People don't even think about passenger trains when thinking about travel. This is something that did not happen on accident. A lot of work on money has gone into people having that view in their heads.

    • @bighands69
      @bighands69 Год назад +6

      Train passenger transport in the US is only viable between close states or close cities. Otherwise people are flying.
      It would be very uneconomical to travel by train from La to New York.

    • @Parker307
      @Parker307 Год назад +22

      @@bighands69 This makes no sense. Freight rail people go on and on about how they can economically transport mass amounts but then when I comes to people there it's suddenly not economical. I know it's not exactly the same as people need services but it's not so so different that it overwhelm the inherent energy efficiency of trains. Russia is a big country and people travel by train for long distance there. It this because they irrationally want to spend more money on trains than flying? No, its because trains are good at moving stuff efficiently and that includes people.

    • @Spectification
      @Spectification Год назад +2

      @@bighands69 So the network connecting the cities between La and NewYork does not have to be built, got it!

    • @Pernection
      @Pernection Год назад

      @@Parker307 Freight is always full

    • @Aerrow62
      @Aerrow62 Год назад +3

      @@bighands69 Not many people actually travel from LA to NY compared to LA - SFO. The majority of travel happens within 5 hours of commute.

  • @austinhernandez2716
    @austinhernandez2716 Год назад +24

    Most rail tracks are private. That's the problem. Could you imagine all of our roads being private and semi trucks having to drive on them? Well that's how it is for railroads.

    • @MrKongatthegates
      @MrKongatthegates Год назад +1

      well, if they were public the unions would squeeze them dry so its pretty much a wash. More incentive to build more track if people and companies can actually own it. If it was public, there would be way less of it

    • @austinhernandez2716
      @austinhernandez2716 Год назад

      @@MrKongatthegates Then explain why it's so terrible in the US right now and why it's better in countries with public railroads. And you act like unions wanting human rights is a bad thing. It's called the free market and it goes both ways. What's your solution to unions? Slavery? You want reliable workers then treat them right. It's that simple.

    • @MrKongatthegates
      @MrKongatthegates Год назад +2

      @@austinhernandez2716 its not terrible in the US. Its awesome

    • @johnettipio
      @johnettipio Год назад +2

      @@austinhernandez2716 Unions can be good but when they become too powerful, they are no better that the companies they originally sought to protect their members from. To be honest, if we did have a national high speed rail network I probably wouldn't use it very much. I prefer to drive most places and if I had to get somewhere far away quickly, an airplane is much faster than a train. Please stop using slavery as nothing more than a buzz word. Slavery was/is an despicable practice. These people are not slaves. I agree that many railroad workers are underpaid but they can leave and find other work. I have never heard of slave that could choose a different master is he is unhappy. You are comparing bad working conditions to being forbidden from learning to read, forcefully breed like livestock, having your family separated and sold to the highest bidder, and being beaten or killed if you don't like it.

    • @thegreyghost5846
      @thegreyghost5846 Год назад

      @@austinhernandez2716 if railroads in the US are so terrible then please explain why we have the best freight network in the world

  • @MrJimmy-fl2bn
    @MrJimmy-fl2bn Год назад +23

    I like the idea of different RR companies being able to use track from a different company as long the as Company that owns the track doesn’t change an outrageous price and treats all traffic equally on the track and everyone operates safely.

    • @michaelschneider2874
      @michaelschneider2874 Год назад

      And The ports do not adjoin an efficient Large Railyard !

    • @Reid52
      @Reid52 Год назад +4

      It won't help. Precision railroading, which this video stupidly defends, makes trains so long that it's functionally impossible for multiple trains to utilize lengths of track because they're too long to use two-rail bypasses. They would need to make trains shorter and hire more labor to increase capacity along current networks, which they won't do because the industry won't hire enough people despite taking in massive profits.
      This video is utter BS, it's just PR from the rail industry trying to defend its profit margins. Nothing in it would work as a solution to anything.

    • @crl122486
      @crl122486 Год назад +1

      This is one of those rare instances where I support most of the Rail networks to be owned and ran by the Federal Government, but seeing how our Fed Govt operates, its a long shot

    • @torineg.847
      @torineg.847 Год назад +1

      It's all about money ! They to as what DieselDucy says in comments, It's another corporation that don't really care about the employees. as long as their making money.

    • @joebloe1401
      @joebloe1401 Год назад +1

      one TuSimple employee commented on December 5 saying: “We’re going through huge layoffs right now. Stock is at an all time low. No clear path to making money.”

  • @EyeTech21
    @EyeTech21 Год назад +7

    just think about an 8000 mile journey for a box of shoes costing less than a chicken nugget, is unintentionally hilarious.

    • @honkhonk8009
      @honkhonk8009 Год назад +1

      But ironically enough the most cost effective method available.

  • @MinhLe-vj9ij
    @MinhLe-vj9ij Год назад

    Very informative program, thank you.

  • @keiththoma2559
    @keiththoma2559 Год назад +17

    We need STB to be more aggressive on making sure the freight rail industry is investing in improving the network and better compete with trucking. Every additional rail car is 1 to 2 trucks not on roads/highways.

    • @joebloe1401
      @joebloe1401 Год назад +1

      one TuSimple employee commented on December 5 saying: “We’re going through huge layoffs right now. Stock is at an all time low. No clear path to making money.”

  • @jewelzs1095
    @jewelzs1095 Год назад

    Good article. 👍

  • @ak6188
    @ak6188 Год назад +2

    Excellent documentary ❤❤

  • @danielfields4078
    @danielfields4078 Год назад +20

    It's a shame, that we don't have high speed rail.

    • @briandbeaudin9166
      @briandbeaudin9166 Год назад

      Not really. It is extremely expensive and would be massively underutilized in this country. China's high speed rail is losing immense amounts of money on a daily basis.

    • @arv9993
      @arv9993 Год назад +2

      @@briandbeaudin9166 nope, that’s not true. NE corridor, SF to LA and the Texas triangle and other major population centers will be perfectly suited for high speed trains. It’s more efficient than using cars. All the major countries have shown that HSR is a economic boon.

    • @noway5096
      @noway5096 Год назад

      @@arv9993 so I gotta rent a car where i'm going? nah, i'll drive.

    • @arv9993
      @arv9993 Год назад +1

      @@noway5096 no, you would use local trains or buses to get around. If you live in suburb or in a rural area then you would need a car.

  • @Theblackdahlia1
    @Theblackdahlia1 Год назад +1

    Norfolk Southern is always hiring, emails weekly about conductor, engineer, and yard jobs.

  • @jamisonmunn9215
    @jamisonmunn9215 Год назад +30

    There is only one reason why shipping the in USA sucks. . . Nothing is made here. Every city and town should be making something and that would help immensely.

    • @MALIK-fk1rz
      @MALIK-fk1rz Год назад +6

      and the lack of pay for these poor delivery drivers

    • @bighands69
      @bighands69 Год назад +3

      US shipping is the best in the world. The US has a river network that allows cargo to travel that no other country on earth has.

    • @jamisonmunn9215
      @jamisonmunn9215 Год назад +3

      @@bighands69 well then explain FedEx yesterday when their stock went down 20% because they can't make the money they should be making?

    • @Pernection
      @Pernection Год назад

      @@jamisonmunn9215 it might be competition or fuel costs

    • @Aerrow62
      @Aerrow62 Год назад +1

      @@bighands69 That network exists in unsustainable region where the modern manufacturing doesn't exist.coasts where the population exists always could use the oceans for coastal shipping.

  • @ChrisGuiver
    @ChrisGuiver Год назад +1

    Do the Deutsche Bundesbahn operate in the USA?
    At @15:11 a DB (german DB cargo) locomotive is shown pulling a train (the 295.019-4 is normally based in Hamburg, so it was a long train under a lot of water to reach the US)

  • @herrene05
    @herrene05 Год назад +1

    Beurocracy is the biggest hurdle to overcome in any type of businesses

  • @dragonskunkstudio7582
    @dragonskunkstudio7582 Год назад +1

    Autonomous vehicles will not need drivers but will need on board security personnel for trains and trucks for security and prevention of theft.

  • @lzh4950
    @lzh4950 Год назад +8

    Another advantage of the Arctic shipping corridor is being able to avoid maritime piracy hotspots e.g. Horn of Africa, Malacca Strait. If more ships use that corridor that could mean less ships using the more traditional route via the Indian Ocean & calling at ports like Singapore (probably why it had joined the Arctic Council as an observer member too, so it has more understanding about the impact of the Arctic shipping corridor)

    • @steveo9683
      @steveo9683 Год назад

      So you blame black people

    • @joebloe1401
      @joebloe1401 Год назад +1

      one TuSimple employee commented on December 5 saying: “We’re going through huge layoffs right now. Stock is at an all time low. No clear path to making money.”

  • @maxheadrom3088
    @maxheadrom3088 Год назад +11

    You can't compare only cost reduction between trucks and automated trucks - you need to show a comparison between trucks (automated or not) and rail. The reason rail is more economic comes from the characteristics of the wheels and the demands for the tracks. Metal on metal is more economic than rubber on road - and a lot less polutant. Tracks also require ramps to be 1/10 of road ramps - that's the main reason a rail track is more expensive than a road to built. Once built, however, you can get things working much closer to the optimum conditions.
    People may not be aware of this but tire dust is an important polutant and contributes to global warming. Tires produce rubber dust of different dimensions and some of that dust (I don't know the percentage) is part of what is called "dark aerosol". These particles raise to the upper atmosphere and because of a phenomenon cause by Earth's rotation fly to the north and south pole. The dust from the Northern Hemisphere goes to the North pole and vice-versa. That dark aerosol than falls over the snow and ice in the arctic and make it grey. Being grey it absorbs more heat from sunlight and melt faster - the first water from that melting snow/ice is black, btw, because of the dark particles. Dark water will also heat faster under the sunlight and the whole things will make ice/show to melt faster. Once Ice is melted, surfaces with a much greater hability to absorb energy from the sunlight are exposed. And that's how your car tires are an important cause of Global Warming. Automated trucks and cars are a really bad idea. More rail is an excellent idea.

    • @noahthenormal
      @noahthenormal Год назад

      @@collenflarity7856 Aren't you dead?

    • @LWoodGaming
      @LWoodGaming Год назад

      @@collenflarity7856 who are you talking to?

    • @melaniecotterell8263
      @melaniecotterell8263 Год назад

      Mag lev? What about the bats and the bees. They just need to make tires white,

    • @OmmerSyssel
      @OmmerSyssel Год назад

      Thanks for an excellent contribution. 👏🏻

    • @joebloe1401
      @joebloe1401 Год назад +1

      one TuSimple employee commented on December 5 saying: “We’re going through huge layoffs right now. Stock is at an all time low. No clear path to making money.”

  • @louminatti3776
    @louminatti3776 Год назад +2

    expand capacity and nationalize the rails themselves. end the monopoly.

  • @paladinsorcerer67
    @paladinsorcerer67 Год назад +5

    I support dock workers and I support avoiding automation of ports. I can live if my stuff from China gets here a bit later than expected, if it means that vitally important workers have a good paying job. If the workers can upskill and save themselves physical labor, then I support that, but not at the expense of too many layoffs.

    • @scaryb69
      @scaryb69 Год назад

      Why stop at transport? Why any stuff from China?

  • @Mr1159pm
    @Mr1159pm Год назад +19

    Rails need to be separated from carriers and they need to provide equal access to all carriers. This will improve competition. Currently it's pretty much an oligopoly.

    • @kimobrien.
      @kimobrien. Год назад

      It will be an even more powerful oligarchy afterwords.

    • @joebloe1401
      @joebloe1401 Год назад +1

      one TuSimple employee commented on December 5 saying: “We’re going through huge layoffs right now. Stock is at an all time low. No clear path to making money.”

  • @mikeem848
    @mikeem848 10 месяцев назад

    @3:58 Where did you guys find this footage of the V&T??????

  • @Fellowtellurian
    @Fellowtellurian Год назад +2

    The freight rail network should be giving up track hours to passenger rail in order to move people off of aviation. Passenger aviation is the three highest contributor to transportation emissions.

  • @vej007
    @vej007 Год назад

    Yes.

  • @Beantastrophe
    @Beantastrophe Год назад +3

    Companies want one person doing all the jobs of an entire team save a dollar. They aren't actually hiring

  • @ejonesss
    @ejonesss Год назад +1

    if the problem is money maybe the companies should diversify (csx novelties or csx casino and resort).

  • @wilee.coyote5298
    @wilee.coyote5298 Год назад +1

    15:19 a 50% increase in freight volume? What causes this?

  • @GamerbyDesign
    @GamerbyDesign Год назад +1

    Autonomus trains is proably a way easier problem to solve than autonomous trucks.

  • @tanujSE
    @tanujSE Год назад

    It's good if we have travel for commodities to travel and exchange world wide but there must not be private property with class relation

  • @bomk3956
    @bomk3956 11 месяцев назад

    Big problems for shipping:
    1) the Jones Act is completely outdated.
    The Jones Act restricts maritime shipping within us and needs to be massively overhauled and is massively outdated. It restricts shipping companies and makes maritime shipping extremely expensive.
    2) Freight railroads don't share tracks very often, and when they do they charge extremely high rates. Just like roads, railroads should be nationalized and maintenance can still be contracted out so that people can make money off of it.

  • @joebloe1401
    @joebloe1401 Год назад

    one TuSimple employee commented on December 5 saying: “We’re going through huge layoffs right now. Stock is at an all time low. No clear path to making money.”

  • @wagnsprinter
    @wagnsprinter Год назад +1

    These videos are so well done, they're like an Art Piece every single one of them....

  • @Iquey
    @Iquey Год назад +2

    The timing this video is being released. Is it a coincidence with the potential rail strikes? Or were they working on it for a while?

    • @thekeith-donovanexperience
      @thekeith-donovanexperience Год назад

      Hmm good observation

    • @katherynemero4118
      @katherynemero4118 Год назад

      I know that there are people out there that can see it coming. If you're into that stuff, this outcome would have been obvious. These people are called economists. They study this, and they know. It's just not your thing is all.

  • @ronaldpiper4812
    @ronaldpiper4812 Год назад

    Secure doors with bolt seal or make all locked in the car. Some do. Seal every container empty loads. And a generic seal on every load. Not blue with CATERPILLAR ON them. Or may tag. OR hump them containers real hard bent the door locks they get open at consignee.

  • @trukeesey8715
    @trukeesey8715 Год назад +1

    Choo choo is the most enjoyable way of travelling, compared to horseless carriage or aeroplane. I won't say anything about bicycle, horse, cart, nor boat in this comparison. Nor balloon.

  • @michaziobro5301
    @michaziobro5301 Год назад +1

    It is easier to do Autonomous trains than trucks.

  • @42meep13
    @42meep13 Год назад +1

    I feel like if the rail companies really wanted to push that clean factor they mentioned, they should actually push to electrify their lines, as a Pantagraph Electric Locomotive is more energy efficient, and can be even cleaner (depending on power plant fuel and scrubber quality), compared to Diesel Electric Locomotives.
    From my understanding, they won't because it would increase how much tax they have to pay on their infrastructure.
    I know some say the US lines are just too long, but the TRANS SIBERIAN RAILWAY is fully electrified.
    Just don't do Battery Electric Locomotives, that's just dumb. (Batteries on a Pantagraph Electric as a backup is okay, but they shouldn't be the primary power source)

  • @yeaho7935
    @yeaho7935 Год назад

    How long it going to take for me to my goods that's what I need to know

  • @ronaldpiper4812
    @ronaldpiper4812 Год назад

    Around Chicago one carrier with global 1 and 2 and western and many others. They closed them. Elwood is not answer to all problems. Bottleneck longshoremen,carb, and twice. It's fixable but there on inside looking out.

  • @0fficialdregs
    @0fficialdregs Год назад

    let's not forget there are Class 2 and 3 railroads that could contribute as well

  • @ronaldpiper4812
    @ronaldpiper4812 Год назад

    Appts to pick up. In LA?
    SORT AND GET the loads out to Barstow. As long as the container doesn't local delivery. Get it out of CA. nevada lots of room and truck friendly. And move when ever. The cost can only handle so many containers and anything California related. A port in a real busy city and were can you expand in the water. If they really wanted to fix it they could

  • @dlewis9760
    @dlewis9760 Год назад +1

    Every politician wants a railroad stop for passengers even if no one uses the facilities. It's called bringing home the bacon. I was watching RUclipsr 企鵝交通手札. He was talking about more tracks between Taipei City and Keelung. They put the tracks in. The new route has more stops. It's slower than the original line. Lots of people don't use it. And we are talking about a route that works as it is not that far from one end to the other.

  • @TheZodiacRipper
    @TheZodiacRipper 11 месяцев назад

    Are both the tracks and the trains privately owned in the Us?

  • @CuriousEarthMan
    @CuriousEarthMan Год назад

    39:50 : "ore and iron are the two main minerals that can be harvested in the arctic". I get iron is a mineral (metallic type), but what do they mean by ore? I understand iron ore, but what do they mean by ore as being one of two primary minerals which can be harvested in the arctic?

  • @watsapp1266
    @watsapp1266 Год назад

    Thanks for your comment

  • @sirbonobo3907
    @sirbonobo3907 Год назад +7

    never let privat companies own public infrastuctur this is always bad for the society.

    • @melaniecotterell8263
      @melaniecotterell8263 Год назад +5

      Private companies are greedy. Government is inefficient, and greedy.

  • @DougGrinbergs
    @DougGrinbergs Год назад +1

    5:48 railroads nationalized in most of the rest of the world 8:26 Amtrak pays freight RRs $142M annually for track rights.

    • @rebecca.smith.
      @rebecca.smith. Год назад

      Stup!d !d!ot. Japan has the best railway and it certainly is NOT nationalised. I live in the UK and the Nationalised service is expensive and non existent, run as a monopoly.

  • @yeaho7935
    @yeaho7935 Год назад +1

    Why company like Amazon need is own Port

  • @ArgonDavid
    @ArgonDavid Год назад +2

    More and more transportation & manufacturing within USA for USA Citizens & USA residents and reduce dependency on other Nations like China etc. 🙏

  • @elijahmumfordjr1703
    @elijahmumfordjr1703 Год назад +2

    did you see that youtube tried to block my messages

  • @295g295
    @295g295 Год назад

    11:45 - Can a *container* be moved from a *ship* to a *railcar* without being pulled by a trailer-truck?

    • @Tgspartnership
      @Tgspartnership Год назад

      autonomous rail cars would be similar to the autonomous cars in the dock yards

  • @mafiousbj
    @mafiousbj Год назад +5

    In most other countries both passenger and freight trains share the rail network (no fees attached)...no wonder Amtrak doesn´t work in the US if they have to build their own separate rail network besides the freight one, which probably has the best route paths already and has bought the land when it was dirty cheap.
    Also, just decentralize the west coast, it´s insane just two ports handle 40% of all containers exports into the country

    • @alfaeco15
      @alfaeco15 Год назад +1

      A freight only railroad is far cheaper and more efficient to operate than a combined one. Far lower safety requirements when no people need to be transported to, and less operational hindrances (you are doing just one thing)

    • @alfaeco15
      @alfaeco15 Год назад +1

      In Europe we have less space and more populated areas. Not easy to build/have operation specific rail networks.

  • @XOPOIIIO
    @XOPOIIIO Год назад +5

    It's ridiculous that ports are closed on weekends.

    • @charlesjay8818
      @charlesjay8818 Год назад +1

      ports should never close, it should be a 24 hour operation 7 days a week. Just employ 2 sets of staff for day and night shift.

  • @diannadima7082
    @diannadima7082 Год назад +2

    But rail is not safe from theft. I have personally lost so many of my orders because of theft. This is wrong there is no security.

  • @alfaeco15
    @alfaeco15 Год назад

    Autonomous trucks? Pipe dream.

  • @jonathankovacs1809
    @jonathankovacs1809 Год назад +1

    CoachZed you are right It used to be that the railroad was one of the best jobs you could get my father worked for Santa Fe RR as a shop foreman he loved his job and it paid him well but now that the greedy money grubbing dirty CEO's living high on the hog with six figure incomes have ruined everything!

  • @desistang8794
    @desistang8794 Год назад

    Key word, private vs public

  • @robertdamin8723
    @robertdamin8723 Год назад

    Who do you think are the profiter well it must be all the owners and the share holders is it not? Or tell me otherwise if it is not the case.

  • @danieldegracia1690
    @danieldegracia1690 Год назад

    Weather is young " as far as historical data" So yeah it changes,( hopefully not too soon)

  • @MASS1866
    @MASS1866 Год назад +1

    Not sure of American rail companies but CN and CP have become so profitable on the back of less maintenance workers and so less maintenance in general on the rail lines and so a huge drop in safety and usability of the rail system.
    As far as autonomous shipping, having driverless trains is practically a moot point in comparison to trucks as there is a two to four hundred percent difference in the manpower currently needed for trucking as opposed to rail. Also, there is almost no take in this article as to the implications of the loss of the thousands of jobs related to this automation. We are tearing down the economy to make profit in the short term and huge economic loss and poverty in the long term. There are more and more people looking for work and more and more jobs lost to tech. Looks kind of Orwellian. 😒

  • @omegaman4153
    @omegaman4153 Год назад +1

    interesting that five railroad companies combined, generated less annual revenue than UPS.

  • @christopherstrong880
    @christopherstrong880 Год назад

    Profitable feight network

  • @paladinsorcerer67
    @paladinsorcerer67 Год назад +1

    I've heard that due to predatory trucking hiring, jobs in trucking have become terrible careers as of the last 20 years. It seems that employers will reduce wages and benefits so much that they end up going to AI trucking by their own practices.

    • @joebloe1401
      @joebloe1401 Год назад +1

      one TuSimple employee commented on December 5 saying: “We’re going through huge layoffs right now. Stock is at an all time low. No clear path to making money.”

  • @stevenherrold5955
    @stevenherrold5955 Год назад

    i heard a funny story a man was asking for tickets to fly to hawaii when he was given a quote he said i will check amtrak . can
    you imagine his embarrassment when they said we don't go to hawaii

  • @williamohara8153
    @williamohara8153 Год назад

    Much of the available capacity on the intermodal is never used. Most of the containers leave via truck instead of rail because shippers don't choose rail.
    It's faster to ship from China via LA or LB. It takes longer to reach ports such as Georgia or Boston. Why would they ship via a slower way ? It isn't really the fault of the Jones act.

  • @HTV-2_Hypersonic_Glide_Vehicle
    @HTV-2_Hypersonic_Glide_Vehicle Год назад +1

    1:28 CNBC didn't even try to find an American autotrain

  • @doomas3022
    @doomas3022 Год назад

    We should have a east west shipping channel similar to China's North South shipping channel to aid with USA moving freight.

  • @ArgonDavid
    @ArgonDavid Год назад +1

    Huge Electrification initiatives of USA Railroads, Trucks, Ports, airports and roads are very crucial to survival of communities and reducing carbon emissions as well as slowing climate change effects on Earth and Earth's Northern hemisphere . 🙏

  • @doomas3022
    @doomas3022 Год назад

    We should have an American internal shipping channel. An East to West channel starting in Mission Bay? (San Diego CA) or South Los Angeles CA? San Francisco CA (area) would also be a viable starting point. The I40 or in between the I40 and I10 corridor would be optimal? That makes it way through to the Chesapeake Bay?? (Virginia)
    Or just redesign the ports?? to funnel the the ships through just a shipping channel that goes "around" Los Angeles? Just North or Just South of it??
    Ships hold way more than trains/railroads and obviously trucking can handle. Exponentially higher volumes moved via water.
    We could also just consider just copying what the Chinese do? How do they move freight so well??

    • @stuartnochance
      @stuartnochance Год назад +2

      Do you realize how many locks would be needed to get ships over the Rockies? And how would you keep the higher locks full of water? That’s a hell of a lot of pumping!

  • @deanseawa
    @deanseawa Год назад

    You actually have to include in your narration that the railroad system predates Automobiles and airplanes? Thank you for making it very clear who your intended audience is.

  • @friendsofthegerund7693
    @friendsofthegerund7693 Год назад +2

    "Arctic" is an adjective word, not a noun. The Arctic what? Arctic circle? Arctic sky? Arctic wildlife? There must be a noun following the word "Arctic". Minus 1 point.

  • @googleyoutubechannel8554
    @googleyoutubechannel8554 11 месяцев назад

    "prototypes of self driving trains" :) - taking into account all tricky edge cases, this is still like a weekend project for cal tech undergrads, lack of self driving trains has nothing to do with tech development.

  • @stacyclarkson6202
    @stacyclarkson6202 Год назад

    West coast to East coast on rail takes a month, takes a truck a week! :) Im a TRUCKER!

  • @markissboi3583
    @markissboi3583 Год назад +1

    Amazon boxes looted and thrown across railtracks 2:58 Securty 2 years L8tr we'll look into this . /..\ why some your parcels never arrived .

  • @expletivedeleted7853
    @expletivedeleted7853 Год назад

    Shareholders love PSR, but not one shipper loves it. It’s ridiculous that a vital part of our economy is held hostage to greed from wall street.

  • @cliffwoodbury5319
    @cliffwoodbury5319 Год назад

    Open the Arctic. How about build rail networks in the nations of Central America as they have none. By taking all the goods they export to the U.S. by rail, many ships would be able to be used in other locations and open the logjam of American ports. This would also allow citizens from the 2 regions to go back and forth in interaction on coach passage!

  • @CMDRScotty
    @CMDRScotty Год назад +3

    Sound like the Union of the ports wants the American people to pay higher prices. They should accept new technology and the company with the government should offer free education, moving credits, and retraining for people displaced by automation.

  • @travelinman70
    @travelinman70 Год назад

    greedy corporations focused on profit instead of customer service has made shipping difficult.

  • @amazon4716
    @amazon4716 Год назад +1

    One united railroad
    With multiple companies competing sounds fair.
    No monopoly.

  • @TheHouseofSniffers
    @TheHouseofSniffers Год назад

    Never was a problem 2 years ago.

  • @thorstenroberts4726
    @thorstenroberts4726 Год назад +11

    It's difficult to compartmentalize freight rail from end to end shipping. New rails seem to be hard to build and a big part of the solution might be to extend the part of end to end shipping that is provided by freight rail. Passenger rail as it currently exists in the US is too slow to compete with air travel.

    • @Spectification
      @Spectification Год назад +4

      Japand and other HSR projects would beg to disgree in the 400 miles segment...

    • @thorstenroberts4726
      @thorstenroberts4726 Год назад +8

      @@Spectificationcorrect. Allow me to clarify: passenger rail in this country is too slow. I think the US could benefit greatly from a robust HSR system.

    • @Spectification
      @Spectification Год назад +3

      @@thorstenroberts4726 That I agree with as well.

    • @Aerrow62
      @Aerrow62 Год назад +2

      HSR can compete with flight and be cheaper and faster upto 600 miles of travel while maglevs can compete with airlines up to 1200 miles of travel. Across the east and west coast maglevs can beat airlines in reach, speed and cost. The trains have higher initial cost and long gestation period but airlines are technically more expensive to operate from day one and need higher maintenance from increased wear and the nature of airport dependency adds commute time to end destination by it's very nature.

    • @genrabbit9995
      @genrabbit9995 Год назад +1

      Not with highspeed trains. When you are to travel like 1000km/640miles, an d you add waiting time, travel time etc. Then highspeed train all of a sudden is absolute possible. And by highspeed train I mean trains which on average travels at 200mph/320kmh.

  • @kimcissell1905
    @kimcissell1905 Год назад

    Hold out for what they need

  • @jasonogren5135
    @jasonogren5135 Год назад

    We have forgotten that in order to have a future industry…… we need future consumers and workers … we have traded our birth rate for a stock portfolio,,, I wonder if that will work out??

  • @AuissidoraineDANE
    @AuissidoraineDANE Год назад

    Mitigate some of that consumer demand. Find the middle ground.

  • @NuestraPatriaGrande
    @NuestraPatriaGrande Год назад +1

    Our companies do well. The problem is that workers are not paid enough and healthcare and sick leave lags behind other industries. The plight of workers ushered the need for labor unions . Labor Day in most of the world ios still may 1st. Elites unfortunately control our government and how our tax funds are used. We spend more for war industries than we do for infrastructure spending and improvement of workers rights to a living wage and benefits. It is ridiculous to expect students to want to go into vocational training when we are not taking care of them once they start to work.Four year careers open up to much higher incomes and benefits.

  • @basshunterdota625
    @basshunterdota625 Год назад +2

    US lags heavily in infrastructure.

  • @legaleagle1433
    @legaleagle1433 Год назад

    BNSF is a subsidiary of Warren Buffet's Berkshire Hathaway's holding company and has made HUGE profits this last year. The profits are driven by the need to return dividends to investors.

  • @kamnapavon4638
    @kamnapavon4638 Год назад

    The #1 Best Answer for Emissions Reduction.... Nothing else is viable at an Expedited Rate..
    Electric Engines can be taken Offline, Charged, then Added back to the Line....... Along the Way..
    Nothing else would compare..
    Forcing Amazon to be Grounded, along with USPS, UPS, FEDEX, etc..... would save more Fuel than all the Cars used by the Public.. Same would be True of Public Transport or Airlines....

  • @seeranos
    @seeranos Год назад +1

    43 minutes on supply chains and freight, and not one mention of the problems of Precision Scheduled Rail. Railways are profitable despite giving up on quick deliveries or efficient routing, by grinding their conductor/engineers to dust, and handicapping any competing rail traveling on their tracks.
    150 car trains on 1 track rails with only 75 car passing channels means every track can only ever handle a single train at a time, and passing tracks sit unused, except for the 4 hours where Amtrak trains are forced onto them to let these massive freight trains pass.
    That’s not to mention how double-stacked cars forgo efficient routes and sometimes force the destruction of efficient routes because the trains can’t fit the tunnels.

    • @Tgspartnership
      @Tgspartnership Год назад +1

      they could use a complete paradigm change

    • @seeranos
      @seeranos Год назад +1

      @@Tgspartnership I agree. Something to temper the profit-at-all-costs paradigm.

  • @jarrodyuki7081
    @jarrodyuki7081 Год назад

    yep!!!!!!!!!!!!!!!!

  • @welsthe3rd
    @welsthe3rd Год назад +3

    SOoOOoo profitable 💰💰 ... Can't afford sick days tho

    • @blackhawk7r221
      @blackhawk7r221 Год назад

      Remind me again…..just how many paid sick days do they already get?

    • @welsthe3rd
      @welsthe3rd Год назад +1

      @@blackhawk7r221 as many as you want!!... as long as you only want ZERO sicks days ☠️

    • @bomk3956
      @bomk3956 11 месяцев назад

      @@blackhawk7r221 zero

  • @3rdworldgarage450
    @3rdworldgarage450 Год назад +1

    Passenger rail in the US is expensive, slow and inconvenient. Of course no one wants to use it. It may be passable for small journeys, but for longer distances it is a poor third behind flying or driving.

  • @PetstoUwU
    @PetstoUwU 7 месяцев назад

    It's so weird if I as a European order something from Japan its like max. 30€. If I order from America more like 60€ and up...