Industry: Trade
News
Jan. 21, 2015
Locally, logistic jobs increased and dockworker pay surged as businesses throughout the United States ordered more products from Asia to meet growing demand at home. Cargo volumes at the neighboring ports climbed nearly 4% from 2013 to 15.2 million container units, making 2014 the third-busiest year on record, behind only 2006 and 2007.
News
Jan. 14, 2015
Sales at retailers and restaurants decreased a seasonally adjusted 0.9% in December from a month earlier, the Commerce Department said Wednesday. But that drop, the largest since last January, likely overstates the severity of the pullback. Some economists blamed technical factors such as seasonal adjustments, warning about potential revisions to the data or a rebound in coming months.
News
Dec. 16, 2014
A labor dispute is apparently delaying American potato shipments at American West Coast ports, thereby limiting supplies in Japan. Labor disputes have resulted in protests in ports in California and the Pacific Northwest over the past couple years.
News
Nov. 18, 2014
Mar's ordinance requires businesses to pay employees for four hours if an employee is either on-call or sent home early, and mandates businesses to offer extra hours to part-time workers before hiring new employees. Chiu's legislation calls on formula retail stores to post employees' schedules 14 days in advance, give workers extra pay for changing a schedule at the last minute, and allow the same access to requests for time off and particular work schedules to part-time workers that they do for full-time employees.
News
Nov. 18, 2014
In a letter to the Obama administration released Tuesday, the Agriculture Transportation Coalition of Washington, D.C., and its 61 signees said the delays at the West Coast ports, including Los Angeles and Long Beach, are having a “disastrous impact” on United States exports. Customers are cancelling their orders, the letter says, and getting new sources for their produce.
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