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by gulfie 3804 days ago
Due to shipping company economics the ships are in port. http://www.zerohedge.com/news/2016-01-11/nothing-moving-balt...

Amazon needs move product to make money. If others will not physically move that product to the US, then they'll have to do it. More expensive is better than none at all.

1 comments

The ships are moving. Zero Hedge's Tyler Durden didn't pay for access to the data that shows the ships that aren't in port, didn't realize it, and came to the wrong conclusion that ships aren't shipping.

It's like looking at a parking lot and concluding no cars are on the freeway.

Yeah this guy is a real amateur, probably the worst analysis I've ever read about the shipping industry.