Dan (the food industry CEO)

A lot of companies and a lot of organizations are being forced to use containers.

beyond what their lifespan is supposed to be because there are steel shortages globally right now.

So steel is expensive.

So the containers themselves cost more.

But really, a lot of it is labor.

You know, we here in the U.S., we're well aware of unemployment benefits, enhanced unemployment benefits and stimulus checks and what our government has been doing.

But really, the entire developed world has been doing the exact same thing.

So labor is a huge, huge problem right now.

There are not nearly as many dock workers.

We just don't have the human infrastructure that we need to efficiently and quickly move this freight.

So what's happening is there's massive delays in getting things anywhere.

Well, that leads to greater costs, right?

Because you're...

Your tanker is just sitting there off the coast, you know, hauling who knows what, as opposed to unloading and getting on to the next job.

So that's happening a lot.

The labor thing is a huge, huge problem really globally right now.

There are conflicting requirements regarding COVID all over the world.

I mean, every...

You can see in the U.S., right?

Los Angeles County just announced a couple of days ago that they're requiring masks again indoors, vaccinated or not.