Trucking, Teamsters, And The San Pedro Harbor -- December 4, 2020

Think about this.

First, re-posting:

US ports:

• Port of Los Angeles: busiest it's been in 2000 years.
• ships wait to unload at Port of Los Angeles as imports boom -- Reuters;
• US import boom is delaying cargo at nation's busiest port -- Reuters;
• shipping container freight rates soar amid export boom -- Hellenic Shipping;
• container shipping is booming again; probably won't last -- Yahoo!Finance;
• it seems there is a trend here;

If you get the chance, wander down to the Port of Los Angeles and the Port of Long Beach -- they share the same San Pedro Harbor. Notice all the truck traffic.

The Teamsters must be doing very, very well with these records being set. 

House values will increase significantly in the San Pedro, CA, area.

But this is what gets me really, really excited.

It's only a matter of time before the County of Los Angeles mandates EV-only trucks to service the San Pedro Harbor ports. The mandate will come when EV truck manufacturers tell Janice Hahn they can meet demand. And assuming the Teamsters agree. Career politician and politically connected. Really, really politically connected.

My hunch: there's at least three truck manufacturers that are preparing for this mandate. We should see the mandate sooner than later. And the specs for the trucks don't have to be that onerous. The trucks will only be local -- Los Angeles County, serving customers inside the county, and transferring containers to BN (Warren Buffett/Berkshire Hathaway) and UNP on cargo headed outside the county.