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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (53234)7/11/2006 2:49:20 AM
From: Elroy Jetson  Read Replies (1) | Respond to of 116555
 
This is an incredible news story on the 11 pm NBC local news in Los Angeles.

Two out of three shipping containers leaving the Port of Los Angeles on ships are "empties". The containers arrive full, but only 1/3 are full when they leave America.

Even with the shipment out of 2/3 "empties" - empty 40 foot long containers are stacking up on empty lots in Wilmington at the rate of 40,774 per month.

That's 368,863 containers shipped in and 327,089 shipped out during May.
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