What's going on at the ports?
It’s not immediately clear how long work stoppages at the ports will continue.
Source: politico.com
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West Coast port debacle strands U.S. ag exports
Patience wearing thin as shippers once again incur substantial losses.
Source: feedstuffs.com
Ag exports caught up in California port closures
U.S. ag exporters are suffering painful losses after a union stopped work at the ports of Los Angeles and Long Beach amid protracted contract negotiations, according to the Agriculture Transportation Coalition.
Source: agri-pulse.com
Amid collapsing trade volumes, 238 business groups ask Biden to intervene in contract talks for West Coast dockworkers
Amid growing anxiety among the financial elite, another important aspect of this letter must be stressed: The financial oligarchy’s fear that control over this contract negotiation may spill out of the hands of the pro-corporate ILWU.
Source: wsws.org
New legislation would end antitrust exemption for ocean carriers
The Ocean Shipping Antitrust Enforcement Act would repeal the exemption for foreign ocean carriers from all federal antitrust laws.
Source: furnituretoday.com