Industry: Trade
News
March 28, 2015
U.S. consumer spending barely rose in February as households used the windfall from lower gasoline prices to boost savings to the highest level in more than two years, the latest sign that the economy hit a soft patch in the first quarter.
News
Feb. 19, 2015
The amount of cargo that moved through the Port of Long Beach in January took a nearly 19 percent nosedive compared to the same month last year because of ongoing congestion and labor strife, officials said late Wednesday.
News
Feb. 15, 2015
The labor dispute between West Coast ports and the longshormen’s union is having an effect on the California economy. Nick Vyas directs the Center for Global Supply Chain Management at the University of Southern California. He estimates California has lost between a half billion and a billion dollars since the port labor dispute began. And he says state leaders should take an active role in trying to end the dispute.
News
Feb. 15, 2015
You can debate what’s causing gridlock at the ports of Los Angeles and Long Beach; The dockworkers’ union blames the shipping companies, and the shippers blame the dockworkers. But this much is for sure: increasing delays in moving cargo are getting costly for California exporters, especially for growers, which are experiencing the worst delays they have seen in 13 years.
News
Feb. 12, 2015
Why isn't there a national conversation about the West Coast port slowdown? That's exactly what Peter Friedmann, executive director of the Agriculture Transportation Coalition, wants to know.
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