Cordinate System Question Parent/Child

So I have made a GameObject that acts as a container for all of the game pieces. This is the parent. I have a bunch of child objects.

I'm interested in one of the child objects position. But I don't quite understand when I output it's localposition it's a constant.

Can someone give me some information to the reason this is happening?

If the localPosition isn't changing that means the object isn't moving with respect to the parent.