Ports Traffic Down 33% Last Week; Will drop to Zero (From China) within 10 days. Only 5 to 7 Weeks Inventory in Warehouses

Source: https://halturnerradioshow.com/index.php/news-selections/national-news/ports-trraffic-down-33-last-week-will-drop-to-zero-from-china-within-10-days-only-5-to-7-weeks-inventory-in-warehouses

Gene Seroka, the Executive Director of the Port of Los Angeles, appeared on Bloomberg Business News, and revealed the ongoing Trade War with China has resulted in a 33% drop in Ocean Container Ships entering his Port last week. Seroka also revealed the drop will rise to about 80% after this coming week, and AFTER THAT,  Warehouses in the U.S. only have five to seven WEEKS of Inventory – then it’s all GONE.

The ongoing Trade War is approaching a very clear moment, where EVERY AMERICAN is going to see it and feel it.

This Trade War, made necessary because so many foreign countries have added Tariffs and Restrictions to US goods, began on April 10 and the very real effects are just now beginning to show up through a plunge in arriving Ocean Container freight.

By the end of this next coming week, (By Saturday, May 10)  alarm bells are going to start sounding because there won’t be any more incoming ocean freight coming in to Los Angeles from China.

One week after that, (Saturday, May 17) no more trucked-in China ocean freight arriving in Chicago, and A plummet in China freight arriving in Houston.

One week after that, (Saturday, May 24) no more China Ocean freight arriving in New York City.

From May 24, all the Warehouses, Logistics Centers and Distribution Centers throughout the entire United States, have only five (5) to Seven (7) WEEKS of various inventory.   So five weeks from May 24 is June 28.   BY JUNE 28, Americans will begin to see empty spaces on store shelves.   It will begin on the West Coast and rapidly move eastward.

Two weeks after that, by July 12, the warehouses, logistics centers, and Distribution centers, will ALL be empty of China freight.

Here is the video from Bloomberg Business TV, featuring Port of Los Angeles Executive Director, Gene Seroka:

 

 

MORE:

The National Retail Federation, and analysts at JP Morgan, are reporting “overall imports” are down 20% and China Imports — that have LEFT PORT – are down 75-80% ! ! ! !

Oh, and for those of you who are in denial, who refuse to acknowledge reality until it comes up and bites you in the butt, because you don’t want to believe your oh-so-cushy-lifestyle might be interrupted . . . . even if all the trade troubles halted TODAY, it would still take another 30 days before any goods manufactured in China, would even be arriving in Los Angeles.  40 days to Houston. 55 days to New York.

Share this

Need Reliable & Affordable Web Hosting?

The Tap is very happy to recommend Hostarmada.

HostArmada - Affordable Cloud SSD Web Hosting

Videos and Lectures from Pierre Sabak

In this new series of videos Pierre Sabak takes a deep dive into Alien Abductions, Language and Memory.

Descendant of a Cog - Deep Dive

Get Instant Access

To access the please choose the duration, click the BUY NOW button on the video player and purchase a ticket. Once you have made your purchase, you will be sent an automatic email confirmation with your access code details. This will give you unlimited access 24/7 to the recordings during your viewing period. You can watch the presentations on this page. Important: Please check your spam folder after your purchase, as sometimes the confirmations go to spam. If you don't receive your code within 15 mins, please contact us. You can access the video as soon as you receive your access code, which typically arrives in minutes. If you have any problems or questions about entering your password and accessing the videos, we have a help page. Secure Payment: Payment is taken securely by Stripe or PayPal. If you experience problems, please contact Pierre.

Watch on Pierre's Website

You can also watch on www.pierresabak.com