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Businesses large and small and across many sectors share their views on the massive West Coast port cargo delays.
More than 40% of retailers and manufacturers plan to shift volume to East Coast ports on a long-term basis as a result of chronic congestion on the West Coast, according to the findings of a new American Shipper research report.
Speaking to an LA Chamber event in Washington, the official who brokered the Feb. 23 labor deal said LA Mayor Garcetti and Port Director Seroka were instrumental in solving the crisis-level contract talks.
Volumes benefited from gains on East-West routes as well as regional and specialty brands, according to the French ocean carrier.
OOCL launches new intra-Asia service, NYK establishes logistics subsidiary in Myanmar, Cavotec wins 10m euros in port equipment orders, and Braemar SA opens dedicated office in Turkey.
The German ocean carrier said its financial results were impacted by costs from merger with Chilean liner CSAV.