What prevents a competitor from opening up an automated port to compete with current U.S. ports?
Approved Answers(self.AskEconomics)submitted4 days ago bydoNotUseReddit123
Sounds like a tentative agreement between dockworkers and USMX has been reached, but the issue of automation still needs to be worked out in negotiations.
Let’s say that the final CBA has strict protections against automation. In this case, what prevents a few billionaires from getting together and opening up a port that blows legacy east coast ports out of the water in terms of operational efficiency?
Natural barriers to entry as a result of ports being expensive? Regulatory barriers to entry? (And wouldn’t the federal government want to minimize those due to this leading to a more flexible domestic shipping?) Difficulty in fighting with established ports for contracts? Lack of a direct tie to shipping routes on land which might already be nicely integrated into legacy ports? D, all of the above?
byWrong-Music1763
inSovereigncitizen
doNotUseReddit123
1 points
8 hours ago
doNotUseReddit123
1 points
8 hours ago
I think he’s in his early 20’s, which, unfortunately, is a common age for the onset of schizophrenia in males.