How Shipping Containers Control Global Trade

  Рет қаралды 283,999

CNBC

CNBC

Күн бұрын

Container 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

Пікірлер: 168
@bubblegum9982
@bubblegum9982 2 ай бұрын
The timing is nothing short of predominant.
@drewmqn
@drewmqn 2 ай бұрын
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
@Lkopnuf 2 ай бұрын
You know that sentence makes no sense right? I think you mean prescient
@kap1526
@kap1526 2 ай бұрын
@@Lkopnuflmao yes it does not. What a bot 😂
@trepan4944
@trepan4944 2 ай бұрын
You've got to be f-ing kidding me CNBC 😂😅 Who approved this video today?
@AndresGomez-wz3kp
@AndresGomez-wz3kp 2 ай бұрын
lol this vid probably scheduled a week ago to upload lol
@youtubetim3577
@youtubetim3577 2 ай бұрын
Lol
@nickd2296
@nickd2296 2 ай бұрын
Yeah, it is scary that this released the same day.
@sc5922
@sc5922 2 ай бұрын
if there was a fatal car crash , we cannot talk about the automotive industry?
@youtubetim3577
@youtubetim3577 2 ай бұрын
@@sc5922 massive difference
@Jimmy_Jones
@Jimmy_Jones 2 ай бұрын
I'm not sure about the economy. But it can cripple a bridge.
@kayrow11
@kayrow11 2 ай бұрын
Underrated comment 😂
@kayrow11
@kayrow11 2 ай бұрын
Underrated Comment 😂
@17js
@17js 2 ай бұрын
Either CNBC posted this video on purpose, or this video being posted now is just a coincidence after the news in Baltimore today…
@michaellong2439
@michaellong2439 2 ай бұрын
these are, in fact, the two options lmao
@mauryknows200
@mauryknows200 2 ай бұрын
Baltimore was just another expected False Flag
@the0ne809
@the0ne809 2 ай бұрын
probably it was scheduled to be posted today ahead of time. most likely coincidence.
@mauryknows200
@mauryknows200 2 ай бұрын
@@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
@khathn4200 2 ай бұрын
About to say the same thing
@redden13
@redden13 2 ай бұрын
Container ship hits Baltimore bridge.....**CNBC..."in unrelated events, here's this video"
@RiVer-Parish
@RiVer-Parish 2 ай бұрын
It obviously crippled Baltimore's bridge.
@sp6068
@sp6068 2 ай бұрын
So y'all were actually waiting for that to happen then post this video by coincidence eh? lmao
@GungaLaGunga
@GungaLaGunga 2 ай бұрын
global systemic corporate corruption $190 BILLION! These are the families that rule the world. Who are these people? Bring them to justice.
@christ9460
@christ9460 Ай бұрын
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,
@isittechno5116
@isittechno5116 2 ай бұрын
Yall wild for this one
@TheOneInTheFields
@TheOneInTheFields 2 ай бұрын
The timing of this is so chaotic 😂
@tubby_1278
@tubby_1278 2 ай бұрын
Working at a shipping yard or harbor must be a great experience
@amorales9613
@amorales9613 2 ай бұрын
Good video. Very informative. Important information for consumers to know.
@princeflurry
@princeflurry 2 ай бұрын
wow the timing on this video......
@user-hg6ub1hq1t
@user-hg6ub1hq1t 2 ай бұрын
Good timing bro
@jesseisnotnice
@jesseisnotnice 2 ай бұрын
ironic time to post this
@Effervescent_Smegma
@Effervescent_Smegma 2 ай бұрын
The biggest problem is moving the empty containers back to where they are needed.
@MCorpReview
@MCorpReview 2 ай бұрын
It’s crazy 😂to make the return trip empty yo 😢
@overwatch8848
@overwatch8848 2 ай бұрын
i’m not a conspiracy theorist but this is just…..😅
@youtubetim3577
@youtubetim3577 2 ай бұрын
100% lol
@arriogonsalves1785
@arriogonsalves1785 2 ай бұрын
The timing of this video...😮
@glasshaven.
@glasshaven. 2 ай бұрын
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.
@dohminkonoha3200
@dohminkonoha3200 2 ай бұрын
Chinese 🇨🇳 AI unmanned port is amazingly good.👍
@Sacto1654
@Sacto1654 2 ай бұрын
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.
@dummkompf
@dummkompf 2 ай бұрын
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
@Betweoxwitegan 2 ай бұрын
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
@multatuli1 2 ай бұрын
​@@Betweoxwitegan it would be really hot in summer no? Like a can
@Betweoxwitegan
@Betweoxwitegan 2 ай бұрын
@@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
@eetu4942 2 ай бұрын
How Shipping Containers Can Cripple The Baltimore Bridge
@lasttwhisper
@lasttwhisper 2 ай бұрын
WHAT TIME ??
@iamandrewyang
@iamandrewyang 2 ай бұрын
how soon is too soon? this. this is too soon.
@nancyharvey2729
@nancyharvey2729 2 ай бұрын
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
@AuroraParra-ey3vc 2 ай бұрын
Assets that can make one successful in life
@AuroraParra-ey3vc
@AuroraParra-ey3vc 2 ай бұрын
1 Forex 2 Share 3 Stocks market
@HannahWebb-ry9xm
@HannahWebb-ry9xm 2 ай бұрын
You are right.
@HannahWebb-ry9xm
@HannahWebb-ry9xm 2 ай бұрын
But I don't know why people remain poor due to ignorance..
@billytorres3715
@billytorres3715 2 ай бұрын
Investing in crypto currency now is the best thing to do despite with the current down price in the market
@American_Energy
@American_Energy 2 ай бұрын
This story is about 3 years too late
@Yayahmun
@Yayahmun 2 ай бұрын
Hmmm interesting timing🤔
@matteyo24
@matteyo24 2 ай бұрын
Either good timing or bad timing for this CNBC lol
@GD-8
@GD-8 2 ай бұрын
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... 🙄
@Variety1985
@Variety1985 2 ай бұрын
KOOL ... and after a fair amount of use they can be turned into HOMES!!
@justayoutuber1906
@justayoutuber1906 Ай бұрын
FEWER people, not "less people"
@alessandrobogoni
@alessandrobogoni 2 ай бұрын
Cargo shipment helps manufacture economies to grow their gdp. Material speaking.
@gustavoestacio8606
@gustavoestacio8606 2 ай бұрын
Brazil is ready to receive investments in the manufacturing industry in all sectors. Come to Brazil 🇧🇷
@Reezy884
@Reezy884 2 ай бұрын
The timing of this video is just way too suspicious 😭
@heeral07
@heeral07 2 ай бұрын
In INDIA TVS SUPPLY CHAIN is one of the prominent company
@ALWH1314
@ALWH1314 2 ай бұрын
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?
@whatislifebuttheenjoymento3405
@whatislifebuttheenjoymento3405 25 күн бұрын
The chinese
@auro1986
@auro1986 2 ай бұрын
how? they also transport people and weapons
@Goat1229
@Goat1229 Ай бұрын
Happy birthday 🎂🎁🎈🎉 😂
@viteusthemad
@viteusthemad 2 ай бұрын
End the Jones act
@michaelw.8331
@michaelw.8331 2 ай бұрын
Worlds most expensive box? 😹
@Lololol45
@Lololol45 2 ай бұрын
Excellent timing, eh CNBC? 😂
@eternal2187
@eternal2187 2 ай бұрын
Read the room.
@oiseau21100
@oiseau21100 12 күн бұрын
The port in Vietnam seems flooded. Sea level is raising and threatens the ports. Climate change causes sea-level rise, heatwaves and superstorms, and we could avoid it if the number of objects manufactured iin the world were reduced.
@EartheeBailee
@EartheeBailee 2 ай бұрын
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.
@travel.inspection
@travel.inspection 4 күн бұрын
Here is our take on twenty-foot shipping container revolution 👉 kzbin.info/www/bejne/eX6bqXSXoamCbLM
@user-vo5ez9gz7p
@user-vo5ez9gz7p 2 ай бұрын
Who decided the length of these containers?
@HarrryTries
@HarrryTries 2 ай бұрын
China has a lot of power as a whole
@anthonytyrone1940
@anthonytyrone1940 2 ай бұрын
Read the room cnbc
@user-cw1fx2bw1e
@user-cw1fx2bw1e 2 ай бұрын
Next time developed a new box.
@mikebostic9518
@mikebostic9518 2 ай бұрын
The irony in this video being posted today.
@mack-uv6gn
@mack-uv6gn 2 ай бұрын
De-risking?👍
@Scorpio-gb8ss
@Scorpio-gb8ss 2 ай бұрын
Time traveling algorithm 🤫😂😅
@abnersanchez3463
@abnersanchez3463 2 ай бұрын
Seriously guys… today?
@rgen28
@rgen28 2 ай бұрын
What we require is Teleportation.
@jimbeam4111
@jimbeam4111 2 ай бұрын
The Houthies jamming them up
@Waltaere
@Waltaere 2 ай бұрын
🤔
@x-men69-96
@x-men69-96 2 ай бұрын
Why can we just make it locally?
@sn5301679
@sn5301679 2 ай бұрын
Usually about the price... if its cheaper to make outside. Also some local species like fruit and fish might only available in certain regions.
@duran9664
@duran9664 Ай бұрын
❌❌❌WRONG❌❌❌ Leasing Companies = %48 Ocean Carriers = %52 ⁉️ What about tiny houses ⁉️
@onLYbyM
@onLYbyM 2 ай бұрын
Of course CNBC won't mention why the Houthis are interrupting ships that ARE GOING TO ISRAEL. 😂
@AvenueI77
@AvenueI77 2 ай бұрын
Weird timing im glad i wasn't the only that notice in the comments
@petrelliandrea
@petrelliandrea 2 ай бұрын
Interesting
@bryceoutten5088
@bryceoutten5088 2 ай бұрын
Bad timing with this one 😭
@byronchavarria4954
@byronchavarria4954 2 ай бұрын
They Should Use Cargo Planes Instead Of Cargo Ships
@TaureanAmmons
@TaureanAmmons 2 ай бұрын
Costs are too high. Airline infrastructure unreliable at the moment. Not to mention a lack of air traffic controllers to handle more air traffic.
@robertskolimowski7049
@robertskolimowski7049 2 ай бұрын
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🤦‍♂️
@agustinherrera1575
@agustinherrera1575 2 ай бұрын
And what about teen girl voice?
@MrMountain707
@MrMountain707 2 ай бұрын
This wasn't a problem back when everything was made in America!
@AjaySivaram-by8vl
@AjaySivaram-by8vl 2 ай бұрын
@ Ch of the value of the text status of time attachment of
@samthomas6045
@samthomas6045 2 ай бұрын
Bruh.......
@harveypost1841
@harveypost1841 2 ай бұрын
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.
@itzdcx7991
@itzdcx7991 2 ай бұрын
damn soo this why Baltimore bridge collapse😅
@Pasha8204
@Pasha8204 2 ай бұрын
Need 4k
@jamram9924
@jamram9924 2 ай бұрын
The steel from the collapsed bridge in Baltimore, MD will be recycled into……shipping containers??😮
@chiquita683
@chiquita683 2 ай бұрын
Too soon
@juandoe2696
@juandoe2696 2 ай бұрын
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
@drunkenbeing
@drunkenbeing Ай бұрын
US doesn't know but there is chip inside the container and China spying on US.🤣
@reis1185
@reis1185 2 ай бұрын
So trading in surplus will cripple the economy? Lol
@alecinukpuk709
@alecinukpuk709 2 ай бұрын
This not true
@user-xs5ss7jg9g
@user-xs5ss7jg9g Ай бұрын
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.
@Whatisyourname748
@Whatisyourname748 2 ай бұрын
Wtf
@AhDollar
@AhDollar 2 ай бұрын
br5h someone at cnbc has a warped sense of humor lol
@3jims
@3jims 2 ай бұрын
Fjb
@user-qi1he1lt7t
@user-qi1he1lt7t 20 күн бұрын
china ,china ,china WTF , find a new maker ,new provider.
@presto999
@presto999 2 ай бұрын
ironic
@TheRealRobertG
@TheRealRobertG 2 ай бұрын
It’s about time companies started passing costs onto their overpaid executives and incredible profits rather than to consumers!
@4.0gpa44
@4.0gpa44 2 ай бұрын
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.
@jamessmyth5949
@jamessmyth5949 2 ай бұрын
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.
@JpsReplayCenter
@JpsReplayCenter 2 ай бұрын
Horrible timing 😂...
@randypatungan2525
@randypatungan2525 2 ай бұрын
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
@user-vv7tx6gd9c
@user-vv7tx6gd9c 2 ай бұрын
Plandemic
@MADmidway
@MADmidway 2 ай бұрын
WTF? How convenient this video comes out today. FJB
@estherckloepfer2603
@estherckloepfer2603 2 ай бұрын
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
@inevahdie 2 ай бұрын
I don’t think your aluminium tin foil hat is thick enough
@Mauricemaurice94
@Mauricemaurice94 2 ай бұрын
Too soon… never miss a chance to make money, right? This old video that you’re reposting 😒
@cezaryadamski8786
@cezaryadamski8786 Ай бұрын
Americans are losing everywhere and the world rejoices .
@QuietStormX
@QuietStormX 2 ай бұрын
Bring it all back to U.S. !!!!!!!!! Save than shipping from other places. Driving up $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ ;-(
@zuessjr
@zuessjr 2 ай бұрын
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..
@alecinukpuk709
@alecinukpuk709 2 ай бұрын
Bull shoiiuiiiiiit
@MosesKim-je5rj
@MosesKim-je5rj 2 ай бұрын
You should have more sense than to post this. How do you think families of those who perished or are missing feel?
@ronniegaucho10
@ronniegaucho10 2 ай бұрын
Too soon maybe??? Maybe let the search and rescue finish before you drop this unbelievably convenient video? No okay...🤦🏿‍♂️
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