Reasons include overstocked domestic inventories, strong U.S. dollar, lingering tariffs, and container volume shifting to East and Gulf Coasts, port leaders say.
The White House port and supply chain envoy met with Port of Oakland officials Aug. 29 at the California complex to discuss the facilitiy's ongoing supply chain issues.
California's Assembly Bill 5 (AB5), a gig economy law passed in 2019, could significantly disrupt the state's trucking industry, one trucking CEO warned.
as contractors while taking advantage of the employers insurance discouncil. the law could force independent drivers out of business while reducing trucking capacity. here's one trucker who says ab-5 could put him out of business unless governor newsome intervenes. >> i'm losing everything, my truck, my overpriced truck, the 17 years i've been dedicated to working here in the port, i'm based out of pork of oakland, due to ab-5. gavin newsome, he can do something. he hasn't done anything. eventually i think he builds the shortage in truckers because he's trying to push 70,000 out. >> governor newsome is standing in support of the ab5 law urging the protesters who shut down the port of oakland to focus on supporting the transition. ab5 was enacted in 2019 so no one should be caught by surprise by the law's requirement at this time and there are still
truckers protesting at the oakland port. the president of the oakland port services says that truckers have been restricted to designated free speech zones or face arrest. laura. >> laura: i love those free speech zones. matt thanks so much. joining me now is california assembly man also vice chair of the transportation committee. assembley man you say this is not just a local issue you say it will impact everyone. how so? >> this law is i will conceived we warned the governor when he signed it in 2019 but those 70,000 independent truckers represent 70% of the truckers that operate in and around the ports of california and 40% of the products and goods that come into the united states comes through the ports in california. and 30% of our exports go out through the ports. so this is a massive impact and
and there are still truckers protesting at the oakland port. the president of the oakland port services says that truckers have been restricted to designatedtr free speech zons or face arrest. laura , i love thoseha free speech zones. matt , thanks so much. joining me now is california assemblyman vince fong. he's also vice chair of the transportation committee. and now, assemblyman. this issue is not just a local issue. it's something that will impact everyone. how so? well, this law is an ill conceived law. we warned the governor when wece were debating this bill and when you signed in 2013. but those seventy thousand independent truckers represented 70% of the truckersr to operate ines and around the ports of california and 40 percent of the products c percent of the products c the united states come through the ports in california and 30 percent of our exports go out throughxp ports. so