Yes they are.
Some.
So listen to this tale of woe of the incompetence of upper level management.
They did a cost/benefit analysis of if they really need all that iron ore sitting on the ground in the winter "just in case".
The reviewed the last so many years, maybe 5 or something.
They determined that it was too costly to have the iron ore, just in case.
That was money sitting on the ground, not going to the bottom line. And the 4th quarter has less income, because other mfgers are having 4th quarter problems.
So, they bought only a small amount of iron ore.
You know what happened.
So here we are, losing approx. 5 million per day, just at my Caster.
And here's the clincher.
That's only the bad part, it's not the BAD part.
The BAD part is..........
We are so far behind on iron ore, that they estimate we will not be caught up by NEXT WINTER.
That's right. Next winter, we'll run out again......
Because
We only have so many iron ore freighters.
They already run somewhere around 90 to 95 percent usage.
Boat pulls in, and fills up. Goes to sea. Pulls in and is emptied.
There is hardly and downtime.
There are no "spare" boats to bring online.
So, how do you catch up?????????
There's some people out there, that should not only be fired, but have to repay their salaries .
This exact thing is effecting my job over here on the west side. 4 days instead of 5 this week and 3 days next week. And rumor has it its gonna get worse.