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What Makes U.S. Shipping So Difficult | CNBC Marathon

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2 years ago

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CNBC Marathon reviews why the U.S. shipping industry is such a conundrum.

First, CNBC explores how freight railroads became so profitable and how the industry plans to evolve to stay on top. The United States lags behind the rest of the world when it comes to passenger trains but when it comes to the freight railroad the U.S. is dominating. The U.S. freight rail network operates over 140,000 miles of privately-owned track in every state except Hawaii, according to the Association of American Railroads. It moves one-third of all U.S. exports and roughly 40% of long distance freight volume.

Next, CNBC takes a look at American ports. The Port of Los Angeles, the busiest port in North America, saw record volume in 2021. Imports including furniture, car parts and apparel surged to a record 5.5 million TEU’s in 2021, a 13% increase from the previous high in 2018. A TEU or twenty-foot equivalent unit is the industry standard to measure cargo capacity for ships and terminals. One 20 ft container can hold about 400 flat-screen TVs. But along with that volume came an array of headwinds impacting everyone from retail stores and large manufacturers to portside communities.

Lastly, CNBC reviews why the U.S. and Canada haven’t done more claim the Arctic regions available for shipping. Two of the largest shippers in the world, MSC and Maersk, told CNBC they’ve decided not to ship in the Arctic. MSC cited both environmental degradation and unpredictability issues, among other considerations. Others, though, argue global environmental conditions could improve, with reduced carbon emissions from shorter transits. Arctic sea lanes might be ice-free in the summertime by 2035, according to scientists. That could mean faster global shipping times, and Russia and China are already taking the lead on their side of the frozen North. So why aren’t the U.S. and Canada doing more? “It’s really a question of saving shipping cost-saving time versus that lack of predictability,” Gabriella Gricius from the North American and Arctic Defense and Security Network told CNBC.

CNBC Marathon brings together the best of CNBC’s coverage on the U.S. shipping industry.

Chapters:
00:00 Introduction
00:50 Why U.S. Freight Trains Are So Much Better Than Passenger Rail (Published Feb. 2022)
15:49 Why U.S. Ports Are Some The Least Efficient In The World (Published Feb. 2022)
30:17 Should The Arctic Be Open For Shipping (Published Feb. 2022)

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What Makes U.S. Shipping So Difficult | CNBC Marathon

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Why Corporate America Is Spending More On Security

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1 day ago

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September 9, 2026

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Private security has become a major business as companies invest more in security guards, executive protection, corporate security, surveillance technology and physical security services. CNBC’s Alex Harring goes inside Allied Universal to examine what is driving demand, how technology is reshaping the private security industry and why low pay, high turnover, training and growing responsibilities remain challenges for security guards.

Chapters:
0:00 Introduction
2:16 Inside Allied Universal
5:00 Demand for security
6:44 Labor force

Produced by: Charlotte Morabito
Reporting by: Alex Harring
Edited by: Erin Black
Camera: Mickey Todiwala
Animation: Jason Reginato, Emily Park, Alisa Stern
Senior Managing Producer: Shawn Baldwin
Additional Footage: Getty Images, Allied Universal

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Crime Is Falling. So Why Is Private Security Booming?

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Scopely CEO: Personalized Content Is ‘Next Big Stage Of Entertainment’ | CNBC

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2 days ago

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September 8, 2026

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Walter Driver, CEO of video game app company Scopely, discuss the Apple’s phone application ecosystem and how entertainment and content consumption will change on smartphones.
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Scopely CEO: Personalized Content Is ‘Next Big Stage Of Entertainment’ | CNBC

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How corporations use Ireland to dodge taxes

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2 days ago

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September 8, 2026

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A large number of U.S. companies have operations in Ireland, and names such as Apple, Microsoft and Pfizer appear to have taken steps to stow intellectual property in the country to reduce their effective corporate income tax rates.

Members of President Donald Trump’s administration have signaled that some of that activity should return to the states.

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UPS Successfully Tests Residential Delivery With Drones | CNBC

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2 days ago

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September 8, 2026

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UPS worked with truck-launched drone-maker Workhorse Group to demonstrate how efficient drones can be to provide delivery services.
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UPS Successfully Tests Residential Delivery With Drones | CNBC

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Here’s Why Every Industry Should Be Looking At Blockchain | CNBC

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2 days ago

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September 8, 2026

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The technology behind bitcoin may prove as transformative as the internet. With or without cryptocurrency, blockchain looks here to stay.
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Here’s Why Every Industry Should Be Looking At Blockchain | CNBC

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