China has pursued numerous commercial and infrastructure deals around the world in recent years. Critics see this as a Chinese effort to extent its influence abroad.
These financial maneuvers are a source of concern for many — including the head of the US Navy.
At the Port of Oakland there are massive cranes sitting there that are veritable money-printing machines. As ships coming from Asia dock in the San Francisco Bay, these industrial behemoths quickly usher goods-bearing containers off the deck and onto land. Modern container ships are filled with thousands of containers. At peak efficiency, a single crane can remove about 40 of these per hour — and for each one they unload, companies moving containerized cargo are charged a terminal handling fee of around $300.
Continue reading… “Why America’s shipping ports aren’t automated”
By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.
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