West Coast Port Workers Have Contract, Backlog Will Take 2 Months To Clear Image courtesy of Corey Templeton
A little less than half of all imports that come to the United States by sea enter the country through ports affected by this dispute, including the super-busy ports at Los Angeles and Long Beach.
Now it’s like shipping companies have turned on a “firehose,” the CEO of the port of Long Beach told Bloomberg Business. Yet it will still take a while to put out the fire: he told CNBC that it will take about two months to catch up with the backlog, since unloading slowed since fall 2014.
There are more jobs than usual posted in union halls, and presumably plenty of overtime to go around as all parties try to clear the backlog. Ships full of toys and car parts are quite literally lined up off the coast.
West Coast Ports Face Several Months’ Backlog [Wall Street Journal]
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