How Shipping Containers Control Global Trade
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День томуContainer shipping is responsible for moving 90% of the world’s goods, according to the World Economic Forum. But, if shipping containers aren’t at the right place at the right time, the global supply chain may face serious problems. It could result in high inflation, shortages of key materials and products as well as revenue losses to large and small businesses alike. At the same time, over 95% of shipping container manufacturing is happening in the nation that leads the world in exports - China, according to the Federal Maritime Commission. Here’s how shipping containers can save, or cripple, the global economy.
Chapters:
0:00 Introduction
1:29 Chapter 1: Globalization
4:22 Chapter 2: Container revolution
8:11 Chapter 3: Increased production
Produced and Edited by: Andrea Miller
Additional Reporting By: Lori Ann LaRocco
Animation: Jason Reginato
Supervising Producer: Lindsey Jacobson
Additional Footage: Getty Images, Maersk Line/Wikipedia C.C.
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How Shipping Containers Control Global Trade
@bubblegum9982 Місяць тому
The timing is nothing short of predominant.
@drewmqn Місяць тому
Wouldn't surprise me if this was sitting on their shelf ready to go and now was a time that would have interest/get clicks.
@Lkopnuf Місяць тому
You know that sentence makes no sense right? I think you mean prescient
@kap1526 29 днів тому
@@Lkopnuflmao yes it does not. What a bot 😂
@trepan4944 Місяць тому
You've got to be f-ing kidding me CNBC 😂😅 Who approved this video today?
@user-yv4gg7jb2f Місяць тому
same thought explains itself
@AndresGomez-wz3kp Місяць тому
lol this vid probably scheduled a week ago to upload lol
@youtubetim3577 Місяць тому
Lol
@nickd2296 Місяць тому
Yeah, it is scary that this released the same day.
@sc5922 Місяць тому
if there was a fatal car crash , we cannot talk about the automotive industry?
@17js Місяць тому
Either CNBC posted this video on purpose, or this video being posted now is just a coincidence after the news in Baltimore today…
@michaellong2439 Місяць тому
these are, in fact, the two options lmao
@mauryknows200 Місяць тому
Baltimore was just another expected False Flag
@the0ne809 Місяць тому
probably it was scheduled to be posted today ahead of time. most likely coincidence.
@mauryknows200 Місяць тому
@@the0ne809 It was a False Flag and many more are coming. More mass shootings? More toxic chemical spills? More weather manipulation? Sooooooo many are asleep and in a trance from those mRNA Gene therapy poison jabs. We are living in crazy times.
@khathn4200 Місяць тому
About to say the same thing
@Jimmy_Jones Місяць тому
I'm not sure about the economy. But it can cripple a bridge.
@kayrow11 Місяць тому
Underrated comment 😂
@kayrow11 Місяць тому
Underrated Comment 😂
@redden13 Місяць тому
Container ship hits Baltimore bridge.....**CNBC..."in unrelated events, here's this video"
@sp6068 Місяць тому
So y'all were actually waiting for that to happen then post this video by coincidence eh? lmao
@RiVer-Parish Місяць тому
It obviously crippled Baltimore's bridge.
@TheOneInTheFields Місяць тому
The timing of this is so chaotic 😂
@isittechno5116 Місяць тому
Yall wild for this one
@user-hg6ub1hq1t Місяць тому
Good timing bro
@amorales9613 Місяць тому
Good video. Very informative. Important information for consumers to know.
@tubby_1278 Місяць тому
Working at a shipping yard or harbor must be a great experience
@jesseisnotnice Місяць тому
ironic time to post this
@overwatch8848 Місяць тому
i’m not a conspiracy theorist but this is just…..😅
@youtubetim3577 Місяць тому
100% lol
@dummkompf Місяць тому
I recently saw a neighborhood that was entirely made up of shipping containers converted into homes. This was on an indian reservation so idk if they had electricity or plumbing
@Betweoxwitegan Місяць тому
Yeah, it's a thing. You can have electricity and plumbing in them however the insulation is worse in a metal box obviously and also it's really only a viable option in very rural areas, they aren't too shabby though
@multatuli1 Місяць тому
@@Betweoxwitegan it would be really hot in summer no? Like a can
@Betweoxwitegan Місяць тому
@@multatuli1 Pretty much yeah, if you open windows and keep them open you'll be fine though. You could also put in AC but obviously it's going to cost a lot of energy.
@eetu4942 Місяць тому
How Shipping Containers Can Cripple The Baltimore Bridge
@princeflurry Місяць тому
wow the timing on this video......
@christ9460 19 днів тому
you missed a bit here, the docks are optimized to operate as efficiently as possible, the problem lies in the lack of truck drivers and trucks, and that companies refuse to accept the container ex target, the truck drivers have to wait far beyond the time required by law and there is a lot of documentation on this,
@Yayahmun Місяць тому
Hmmm interesting timing🤔
@lasttwhisper Місяць тому
WHAT TIME ??
@Sacto1654 Місяць тому
But yet, shipping containers became a thing by the late 1970's because of their ability to move a huge amount of goods a lot faster and with lot less fear of goods being stolen by stevedores.
@GungaLaGunga Місяць тому
global systemic corporate corruption $190 BILLION! These are the families that rule the world. Who are these people? Bring them to justice.
@arriogonsalves1785 Місяць тому
The timing of this video...😮
@MCorpReview Місяць тому
It’s crazy 😂to make the return trip empty yo 😢
@Effervescent_Smegma Місяць тому
The biggest problem is moving the empty containers back to where they are needed.
@alessandrobogoni Місяць тому
Cargo shipment helps manufacture economies to grow their gdp. Material speaking.
@ALWH1314 Місяць тому
Every week my recycle trash bin is filled with empty Amazon shipping boxes, and most of these stuff I bought are made in China including these shipping boxes. So who should I blame?
@nancyharvey2729 Місяць тому
Success seems to be connected with action successful people keep moving. They make mistakes. But they don't quit. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works.
@AuroraParra-ey3vc Місяць тому
Assets that can make one successful in life
@AuroraParra-ey3vc Місяць тому
1 Forex 2 Share 3 Stocks market
@HannahWebb-ry9xm Місяць тому
You are right.
@HannahWebb-ry9xm Місяць тому
But I don't know why people remain poor due to ignorance..
@billytorres3715 Місяць тому
Investing in crypto currency now is the best thing to do despite with the current down price in the market
@glasshaven. 28 днів тому
By controlling shipping container manufacture, they can undercut/influence global trade through pricing, sale volume and manufacture to market timing. They can essentially control the export sector, the question for each country would be; of how much value are our exports to china? I can’t see that import control reduction would be effective leverage against chinas economy, especially as imports are usually required and chosen for their cost effectiveness. The logical option would be to levy an import tax against china if they artificially control shipping container production.
@matteyo24 Місяць тому
Either good timing or bad timing for this CNBC lol
@American_Energy Місяць тому
This story is about 3 years too late
@iamandrewyang Місяць тому
how soon is too soon? this. this is too soon.
@Variety1985 Місяць тому
KOOL ... and after a fair amount of use they can be turned into HOMES!!
@gustavoestacio8606 Місяць тому
Brazil is ready to receive investments in the manufacturing industry in all sectors. Come to Brazil 🇧🇷
@heeral07 Місяць тому
In INDIA TVS SUPPLY CHAIN is one of the prominent company
@dohminkonoha3200 Місяць тому
Chinese 🇨🇳 AI unmanned port is amazingly good.👍
@Reezy884 Місяць тому
The timing of this video is just way too suspicious 😭
@michaelw.8331 Місяць тому
Worlds most expensive box? 😹
@justayoutuber1906 14 днів тому
FEWER people, not "less people"
@Lololol45 Місяць тому
Excellent timing, eh CNBC? 😂
@GD-8 Місяць тому
Obviously it was a coincidence; the topic is not even closely related... If they were purposely trying grab attention, they would've chosen something actually relevant, like "aging container ships" or "US bridge design flaws" or "operating a container ship" People always like to find the tiniest similarities in things and imagine that it was all fate or some conspiracy... 🙄
@viteusthemad Місяць тому
End the Jones act
@EartheeBailee Місяць тому
I think it’s neutral timing to post this video. I see both sides. The Baltimore bridge incident is horrific however citizens need to know how container ships operate so we better understand the issue. Was this video a little insensitive, idk maybe? It’s informative and needed as most people have no idea about the logistics of this industry.
@HarrryTries Місяць тому
China has a lot of power as a whole
@eternal2187 Місяць тому
Read the room.
@Goat1229 День тому
Happy birthday 🎂🎁🎈🎉 😂
@auro1986 Місяць тому
how? they also transport people and weapons
@Scorpio-gb8ss 28 днів тому
Time traveling algorithm 🤫😂😅
@mikebostic9518 Місяць тому
The irony in this video being posted today.
@mack-uv6gn Місяць тому
De-risking?👍
@anthonytyrone1940 Місяць тому
Read the room cnbc
@x-men69-96 Місяць тому
Why can we just make it locally?
@sn5301679 Місяць тому
Usually about the price... if its cheaper to make outside. Also some local species like fruit and fish might only available in certain regions.
@user-cw1fx2bw1e 26 днів тому
Next time developed a new box.
@abnersanchez3463 Місяць тому
Seriously guys… today?
@byronchavarria4954 Місяць тому
They Should Use Cargo Planes Instead Of Cargo Ships
@TaureanAmmons Місяць тому
Costs are too high. Airline infrastructure unreliable at the moment. Not to mention a lack of air traffic controllers to handle more air traffic.
@bryceoutten5088 Місяць тому
Bad timing with this one 😭
@OneSillyWanker Місяць тому
I thought my gf had the most expensive box..
@mack-uv6gn Місяць тому
😂
@rgen28 Місяць тому
What we require is Teleportation.
@duran9664 6 днів тому
❌❌❌WRONG❌❌❌ Leasing Companies = %48 Ocean Carriers = %52 ⁉️ What about tiny houses ⁉️
@onLYbyM 27 днів тому
Of course CNBC won't mention why the Houthis are interrupting ships that ARE GOING TO ISRAEL. 😂
@Waltaere Місяць тому
🤔
@agustinherrera1575 Місяць тому
And what about teen girl voice?
@samthomas6045 Місяць тому
Bruh.......
@jimbeam4111 Місяць тому
The Houthies jamming them up
@itzdcx7991 Місяць тому
damn soo this why Baltimore bridge collapse😅
@user-vo5ez9gz7p Місяць тому
Who decided the length of these containers?
@TheRealRobertG Місяць тому
It’s about time companies started passing costs onto their overpaid executives and incredible profits rather than to consumers!
@4.0gpa44 Місяць тому
The inflation the government created is so bad that even if the CEOs were paid nothing they'd still have to raise prices a lot.
@AvenueI77 Місяць тому
Weird timing im glad i wasn't the only that notice in the comments
@robertskolimowski7049 Місяць тому
We should not be shipping that much in the first place. Granted, some stuff we have to, but a lot of products we could easily source locally (or at least eg. within Europe), that would be easily possible if it weren't for the greed of big corporations, where every cent per item saved matters enormously🤦♂️
@harveypost1841 Місяць тому
Sen.McCollum is it wife daughter of container magnate...Samantha's cousin dies in car plunging into lake..then several minute staring into the void..I'm bac then bridge collision...justca thought.
@petrelliandrea Місяць тому
Interesting
@juandoe2696 Місяць тому
I always get a good laugh when Washington's central planners tell the "free market" what to do and then preaches about the invisible hand of the market...lol
@chiquita683 Місяць тому
Too soon
@reis1185 Місяць тому
So trading in surplus will cripple the economy? Lol
@AhDollar Місяць тому
br5h someone at cnbc has a warped sense of humor lol
@MrMountain707 Місяць тому
This wasn't a problem back when everything was made in America!
@jamram9924 Місяць тому
The steel from the collapsed bridge in Baltimore, MD will be recycled into……shipping containers??😮
@presto999 Місяць тому
ironic
@AjaySivaram-by8vl Місяць тому
@ Ch of the value of the text status of time attachment of
@Whatisyourname748 Місяць тому
Wtf
@drunkenbeing 16 днів тому
US doesn't know but there is chip inside the container and China spying on US.🤣
@randypatungan2525 Місяць тому
Undemecratic countries are so eager specially with billion people. Us and allies should be hard-working to counter the desperate moves of these undemocratic nations
@alecinukpuk709 Місяць тому
This not true
@3jims Місяць тому
Fjb
@Pasha8204 Місяць тому
Need 4k
@JpThagreat Місяць тому
Horrible timing 😂...
@user-xs5ss7jg9g 25 днів тому
This was a complete waste of time to watch.. shipping in America is so expensive because of regulation like the Jones act, the labor unions at the ports of America.. they only work 9 to 5:00 Monday to Friday compared to the rest of the world.. there are so many inefficiencies built-in on purpose because of unions.
@MADmidway Місяць тому
WTF? How convenient this video comes out today. FJB
@QuietStormX Місяць тому
Bring it all back to U.S. !!!!!!!!! Save than shipping from other places. Driving up $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ ;-(
@user-vv7tx6gd9c Місяць тому
Plandemic
@estherckloepfer2603 Місяць тому
Isn't it a little scary that a bridge named after the write of our National Anthem was hit after trump had stood in attention to the "hostages'" own national Anthem? Strange!!!
@inevahdie Місяць тому
I don’t think your aluminium tin foil hat is thick enough
@ronniegaucho10 Місяць тому
Too soon maybe??? Maybe let the search and rescue finish before you drop this unbelievably convenient video? No okay...🤦🏿♂️
@jamessmyth5949 27 днів тому
Capitalism and the desire to want higher remuneration along with ever cheaper goods has priced the manufacture of many of these imports which once were made locally, out of the market. China is responsible for the manufacture of the majority of sea containers and just about everything that's imported inside them. Puts your economy in a precarious position being so reliant when there's disruption to the supply chain.
@zuessjr Місяць тому
I go to the port and I see containers sit for months...problem the port people are slow no.2 the ports move when they wanna move no.3 the port workers are lazy no.4 it's a hassle trying to get your load at time no.5 theirs is not enough appointments for every company no.6 they take a hour and half lunch which is dumb you should have a lunch crew as well..the port is a headache working down their but it's a job for lazy truck drivers who like to sit around and these companies are dumb because they are cool with it..
@Mauricemaurice94 Місяць тому
Too soon… never miss a chance to make money, right? This old video that you’re reposting 😒
@alecinukpuk709 Місяць тому
Bull shoiiuiiiiiit
@cezaryadamski8786 21 день тому
Americans are losing everywhere and the world rejoices .
@alecinukpuk709 Місяць тому
Stop lying to people cnbc
@MosesKim-je5rj Місяць тому
You should have more sense than to post this. How do you think families of those who perished or are missing feel?
@kennymccartney1619 Місяць тому
Americans crying in the comments about timing when everything they buy comes via container ships...
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