Even if the insurance covers all of it the premiums are sure as shit going way up and also the company was dealt a huge infrastructural blow that will take months if not years to rebuild.
Don’t intend to dogpile I just must share this information to the people
Ontario is warehouseland. Without warehouses, there is nothing. It is the central logistics point for the entire West coast and Southwest. Ships come into Long Beach, goods go into these warehouses, and get in trucks to go across America. It is by the port (relatively) but land is cheaper than in LA.
This warehouse was probably the only supplier of those Kimberly Clark products for this entire side of the country. I used to work that account.
Fuck insurance that’s not even an afterthought right now. The losses from stretched supply chains and customers moving to competitors in desperation are going to hurt for years.
Where are those containers from overseas going to get loaded? Where are those trucks going to pick up product? Where is every business in 600 miles going to get their paper towels, toilet paper, and other paper products?
Where and when are they even going to open a replacement DC?
Right, it’s relentless organized campaigns of strike, blockade, sabotage etc. or credible threat of same that moves the needle towards making wage theft uninsurable (the precinct is profits in this diagram)
Has the right spirit, but I’m sure the company that owns the warehouse has insurance and will just cash out
Even if the insurance covers all of it the premiums are sure as shit going way up and also the company was dealt a huge infrastructural blow that will take months if not years to rebuild.
And meanwhile the workers who were already struggling are out of a job.
That’s the fault of the company that made the conditions for such an act possible.
Well actually getting a huge insurance payout isn’t guaranteed as they’re gonna fight it tooth and nail, and also fuck the insurance company too.
And even if they get the payout there’s no way it recoups the total lost revenue from harder to measure costs that come from such a large disruption.
And then of course insurance premiums go up…
Yeah I take it back, looks like they absolutely fucked shit up
Don’t intend to dogpile I just must share this information to the people
Ontario is warehouseland. Without warehouses, there is nothing. It is the central logistics point for the entire West coast and Southwest. Ships come into Long Beach, goods go into these warehouses, and get in trucks to go across America. It is by the port (relatively) but land is cheaper than in LA.
This warehouse was probably the only supplier of those Kimberly Clark products for this entire side of the country. I used to work that account.
Fuck insurance that’s not even an afterthought right now. The losses from stretched supply chains and customers moving to competitors in desperation are going to hurt for years.
Where are those containers from overseas going to get loaded? Where are those trucks going to pick up product? Where is every business in 600 miles going to get their paper towels, toilet paper, and other paper products?
Where and when are they even going to open a replacement DC?
This is an unmitigated disaster for KC.
Capital will adapt so fast it will make your head spin. Watch.
This firebug has created so much opportunity and presumably just given a liquid cash injection to a bunch of porkies. He’s a job creator for real.
I wouldn’t be so sure if they got an insurance policy that covers arson, they don’t even have sprinklers by the look of it.
they did, the system kinda stopped working when the roof collapsed
Right, it’s relentless organized campaigns of strike, blockade, sabotage etc. or credible threat of same that moves the needle towards making wage theft uninsurable
(the precinct is profits in this diagram)
Ah yes, the “they are invulnerable because magic bullshit that does not exist” trick.
No, everything has limits, and damage on this scale will quickly reveal them.