West Coast Ports Hit Hard By Slow-Downs

Peter's Commentary: The US West Coast ports are partially shutting down four days this weekend. Shipping lines and terminal operators are stopping the unloading of ships on Thursday (Lincolns birthday), Saturday, Sunday and Monday (Presidents Day). This is because they don't want to pay holiday overtime to the workers who they allege have deliberately slowed operations to create a … [Read more...]

Devastating Shutdown of US Supply Chain Feared

Peter's Commentary: One Week To Looming Port Shutdown 29 US West Coast ports could shut down within a week due to unsuccessful wage hike negotiations. These ports handle 43.5% of all containerized cargo in the US and are responsible for 12.5% of US GDP. Talks between the Pacific maritime association (PMA), representing port management and the international Longshore and Warehouse Union have … [Read more...]