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...]