Anyone want to take a stab at how

[Coach McGuirk]

much it costs for a Transpacific modern container cargo vessel to make the 14 day journey from China to the US west coast at current fuel costs?

[landpoke]

I've had a few so sure: 750000.

[Coach McGuirk]

Originally Posted by landpoke

I've had a few so sure: 750000.

Well I need to leave for home so here it goes.

oil prices topped US$119 per barrel this week, in turn pushing marine bunker fuel prices up past $552 per ton. at $552 per ton, with fuel consumption at 217 tons per day, and a 14 day voyage, a single round trip voyage for this one vessel would produce a fuel bill of $3,353,952.

So when you start seeing your "made in China" products rising this is me passing on our fuel costs to you since the shipping lines are passing it to us.

[il Padrino Ute]

Made in China?

I've resolved to buy American, dammit. At least I'll give it a try.

[jay santos]

Originally Posted by il Padrino Ute

Made in China?

I've resolved to buy American, dammit. At least I'll give it a try.

Why?

[il Padrino Ute]

Originally Posted by jay santos

Why?

Because I'd rather that American manufacturers get my money and it's my way to protest the treatment of Tibet by China.

[Spaz]

Originally Posted by il Padrino Ute

Because I'd rather that American manufacturers get my money and it's my way to protest the treatment of Tibet by China.

Personally, I'd rather that American manufacturers specialize in something they have a competitive advantage in.


Interestingly, the increase in transportation costs could lead to an increase in the advantage of American manufacturers. This could result in a number of beneficial (if only temporary) shifts in the market for domestic goods.

[Coach McGuirk]

Originally Posted by Spaz

Personally, I'd rather that American manufacturers specialize in something they have a competitive advantage in.


Interestingly, the increase in transportation costs could lead to an increase in the advantage of American manufacturers. This could result in a number of beneficial (if only temporary) shifts in the market for domestic goods.

It is not there yet. But I have been having new products bid domestically for the first time in a long time. The gap is still great enough that importing still wins out even figuring logistics, carrying costs, etc but it is closer than it ever has been.

[MikeWaters]

don't forget the weak dollar, that is pushing up the price of both imports and oil. (which ChinoCoug says is economically beneficial for the average American).

[jay santos]

Originally Posted by MikeWaters

don't forget the weak dollar, that is pushing up the price of both imports and oil. (which ChinoCoug says is economically beneficial for the average American).

The weak dollar has a much bigger impact than transportation costs. However, China's currency is artificially pinned to the dollar so the transportation costs could affect that relationship.

Buying American because you want to send a political message about Tibet is understandable.

Buying American because you want to financially support American companies is an old way of thinking that shows complete lack of understanding of the global economy.