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☆ White House puts corporate 'price gouging' front and center: 'We see American families hurting'
▼ + stars: | 2023-11-29 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

Companies should pass those savings on to consumers," White House Press Secretary Karine Jean-Pierre told reporters aboard Air Force One, en route to Colorado. "That's why taking on price gouging has been part of the President's economic agenda." But drawing a direct line from corporate pricing practices to how voters feel about the economy could prove challenging for the Biden White House. "Whether it's junk fees, whether it's price gouging, whether it's calling out big pharma, whether it's calling out big oil, we're going to continue to do that," Jean-Pierre said Tuesday. "Because of the price gouging, we see American families hurting," she said.

Persons: Joe Biden, Joe Biden's, Karine Jean, Pierre, Biden, Jean Organizations: Warehouse Union, Pacific Maritime Association, White, Companies, House Press, Air Force, Black, Biden White, Consumers Locations: Washington ,, Colorado

The second person familiar with the plans confirmed the presence of several large U.S. chips companies, including Amkor, their Vietnamese partners, such as tech company FPT (FPT.HM), and Vietnamese and U.S. top officials, including Secretary of State Antony Blinken. Chip designing firm Marvell has said it plans to build a "world-class" centre in Vietnam. Vingroup (VIC.HM), Vietnam's largest conglomerate and the parent of Nasdaq-listed electric car maker VinFast , has a unit focussed on AI. Boeing may announce a deal involving the sale of 50 of its 737 MAX jets, people familiar with the matter told Reuters. Reporting by Francesco Guarascio @fraguarascio; additional reporting by Fanny Potkin; Editing by William MallardOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Biden, Leah Millis, Antony Blinken, Janet Yellen, Marvell, Francesco Guarascio @fraguarascio, Fanny Potkin, William Mallard Organizations: Warehouse Union, Pacific Maritime Association, White, REUTERS, Rights, Intel, Google, Marvell, Boeing, Reuters, Sunday, Samsung, Qualcomm, Nasdaq, Thomson Locations: Washington , U.S, Rights HANOI, U.S, Hanoi, Vietnam, China, Taiwan

☆ Looming UAW strike puts 'Union Joe' Biden in a tough position
▼ + stars: | 2023-09-08 | by ( Emma Kinery | ) www.cnbc.com time to read: +3 min

US President Joe Biden tours the Mack Trucks Lehigh Valley Operations Manufacturing Facility alongside Martin Weissburg (R), President of Mack Trucks and Kevin Fronheiser (L), Shop Chairman of UAW Local 677, in Macungie, Pennsylvania, July 28, 2021. WASHINGTON — President Joe Biden finds himself in a tough spot between his "Union Joe" persona and his aggressive climate goals as the United Auto Workers prepare to strike. Speaking on CNBC's "Last Call" Wednesday, UAW President Shawn Fain said, "Endorsements are earned, not freely given. "He must know something we don't know," Fain said Monday. "He was on the air the other day encouraging people to stop paying union dues," Fain said referring to Trump.

Persons: Joe Biden, Martin Weissburg, Mack Trucks, Kevin Fronheiser, Joe, Biden, Shawn Fain, Fain, Karine Jean, Pierre, Biden's, Donald Trump, Trump, That's Organizations: Mack, Lehigh, Operations Manufacturing, UAW, Agency, Motors, General Motors, Ford, Stellantis, United Auto Workers, Wednesday, Warehouse Union, Pacific Maritime Association, White, Biden, Biden irked UAW, Labor, Detroit News, House Press Locations: Macungie , Pennsylvania, America, WASHINGTON, Michigan, Pennsylvania, Philadelphia, Pa

☆ Biden rejects conditions of plea deal for Sept. 11 attacks defendants
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +2 min

The White House confirmed that Biden concurred with Defense Secretary Lloyd Austin's recommendation not to accept the conditions, known as joint policy principles, as a basis for plea talks. "The 9/11 attacks were the single worst assault on the United States since Pearl Harbor. More than 3,000 people were killed in the hijacked plane attacks by al Qaeda militants using four commercial airline jets, flying two of them into the twin towers of the World Trade Center in New York City. The fourth plane went down in rural Pennsylvania after passengers fought back against the hijackers. Reporting by Jeff Mason and Dan Whitcomb; editing by Grant McCoolOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Biden, Leah Millis, Khalid Sheikh Mohammed, Biden, Lloyd Austin's, al, Jeff Mason, Dan Whitcomb, Grant McCool Organizations: Warehouse Union, Pacific Maritime Association, White, REUTERS, Guantanamo, New York Times, U.S, Times, White House, World Trade, Pentagon, Washington , D.C, Thomson Locations: Washington , U.S, United States, Pearl, New York City, Washington ,, Pennsylvania

He will have at least one advantage: Chinese President Xi Jinping will not be at the meetings. "But the question ... is whether the United States will be able to step up." FAST GROWTH, HIGH DEBTChinese Premier Li Qiang will represent China at the G20 as its leaders cope with sagging growth and a possible property debt crisis. For his part, Xi is also finding new ways to engage the developing world, hosting a gathering of Central Asian leaders and discussing development in May. Xi is also expected to attend an Asia-Pacific Economic Cooperation (APEC) summit in San Francisco in November, where he may meet with Biden.

Persons: Joe Biden, Leah Millis, Biden, Xi Jinping, Zack Cooper, Li Qiang, Vladimir Putin, Sergei Lavrov, Jake Sullivan, Donald Trump's, Sullivan, White, Khulu Mbatha, Cyril Ramaphosa, Trevor Hunnicutt, Nandita Bose, Michael Martina, Carien du, Don Durfee, Grant McCool Organizations: Warehouse Union, Pacific Maritime Association, White, REUTERS, Rights, World Bank, Bank, U.S, Partnership for Global Infrastructure, Investment, American Enterprise Institute, IMF, Global, White House, Trump, Republican, South, Central Asian, United, United Arab Emirates, Economic Cooperation, Biden, Thomson Locations: Washington , U.S, India, United States, Africa, Latin America, Asia, Washington, China, Russian, East, Central Asia, Saharan Africa, People's Republic, Ukraine, Brazil, South Africa, Beijing, Moscow, Russia, Saudi Arabia, Iran, Ethiopia, Egypt, Argentina, United Arab, San Francisco, Carien du Plessis, Johannesburg

☆ Biden to hail West Coast dockworker union contract as possibility of UAW strike looms
▼ + stars: | 2023-09-06 | by ( Emma Kinery | ) www.cnbc.com time to read: +1 min

WASHINGTON — President Joe Biden will celebrate the recent West Coast dockworker contract in a ceremony at the White House on Wednesday. Last week, the ILWU and the PMA ratified a contract after more than a year of negotiations that prompted the Biden administration to get involved. The contract is set to last for six years and was approved by 75% of union members who voted. It included increased pay and benefits for 22,000 workers across 29 ports on the West Coast. Chronic worker slowdowns plagued the ports as negotiations lagged on, in some cases diverting shipments and leading to temporary port closures.

Persons: WASHINGTON, Joe Biden, Biden, slowdowns Organizations: ., White, Warehouse Union, Pacific Maritime Association, Biden, PMA Locations: . West Coast, West

☆ West Coast Dockworkers Ratify Contract
▼ + stars: | 2023-09-01 | by ( Kurtis Lee | More About Kurtis Lee | ) www.nytimes.com time to read: +1 min

Dockworkers at ports along the West Coast have ratified a new contract, securing a sweeping agreement set to last six years and expected to ease tensions after cargo shipments were diverted to other regions. The contract between the International Longshore and Warehouse Union and the Pacific Maritime Association, which operates the terminals, covers 22,000 dockworkers at 29 ports from Los Angeles to Seattle. The contract was approved by 75 percent of members who voted, the union said late Thursday. The maritime association did not respond to a request for comment. The two sides announced in June that they had reached a tentative agreement after a year of negotiations that prompted intervention from the Biden administration and coincided with a decline in the volume of cargo at several major ports along the West Coast.

Persons: Biden Organizations: Warehouse Union, Pacific Maritime Association Locations: West, Los Angeles, Seattle, West Coast

☆ US West Coast port workers ratify contract agreement
▼ + stars: | 2023-08-31 | by ( ) www.reuters.com time to read: +1 min

Containers are shown staked-up at the Port of Long Beach as supply chain problem continue from Long Beach, California, U.S. November 22, 2021. Members of the ILWU voted 75% in favor of approving the West Coast port worker agreement that will expire on July 1, 2028. The union and the Pacific Maritime Association (PMA) employer group reached a tentative contract deal in June. That ended 13 months of talks and eased worries that related West Coast port disruptions could hit the all-important retail holiday shipping season. West Coast ports lost some business to U.S. rivals on the East Coast and Gulf of Mexico as extended talks fueled uncertainty.

Persons: Mike Blake, Willie Adams, Jim McKenna, Pratyush Thakur, Lisa Baertlein, Krishna Chandra Eluri, Sandra Maler Organizations: Port, REUTERS, dockworkers, Washington State, Warehouse Union, West, Los Angeles, Pacific Maritime Association, Thomson Locations: Port of Long Beach, Long Beach , California, U.S, California, Washington, Long, United States, West Coast, East Coast, Gulf of Mexico, Bengaluru, Los Angeles

☆ New Senate legislation seeks to revise national labor law, targeting port union workers
▼ + stars: | 2023-06-22 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +5 min

The legislation, sponsored by Idaho Republican Senator Jim Risch, would amend the National Labor Relations Act and the Labor Management Relations Act of 1947 to deter labor slowdowns and prohibit labor organizations from blocking the modernization of ports. It estimated a more widespread strike along the West Coast could cost approximately $1 billion per day. The recent union workers slowdowns impacted key transportation operations, including truckers, the freight rails and ocean vessels. As a result of the slowdowns, $5.2 billion in cargo was stuck off the West Coast ports. "The PLUS Act takes the important step of making intentional labor slowdowns an unfair labor practice.

Persons: slowdowns, Jim Risch, Ted Budd, Mike Crapo, Biden's, Julie Su, Risch, Biden, AB5, Budd, Crapo Organizations: Warehouse Union, Senate, Idaho Republican, National Labor Relations, Labor Management Relations, Pacific Maritime Association, U.S . Chamber, Commerce, Union Pacific, CNBC, Labor, California Labor, Workforce Agency, Capitol, Big Labor Locations: West Coast, West, Idaho, U.S, Los Angeles, Long, Port, Seattle, United States, North

The International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) employer group declined comment. Manufacturers, automakers and food producers which import or export goods also rely on the West Coast ports. "We urge the parties to quickly ratify the tentative agreement to bring certainty back to the West Coast ports," Shay said. Many of the ports' customers shifted a portion of their cargo to ocean trade gateways on the East Coast and Gulf Coast to avoid potential slowdowns from the Pacific Coast labor talks. After 72 hours, the ILWU and PMA hammered out a deal and credited Su with assisting in the efforts.

Persons: Labor Julie Su, Joe Biden, Suzanne Clark, Matthew Shay, Shay, Su, Lisa Baertlein, Barbara Lewis, Grant McCool, Deepa Babington Organizations: ANGELES, U.S ., Labor, Wall Street, Warehouse Union, Pacific Maritime Association, Biden, U.S . Chamber of Commerce, Walmart, Manufacturers, National Retail Federation, Pacific, PMA, Thomson Locations: WASHINGTON, U.S . West Coast, West Coast, U.S, COVID, West, East Coast, Gulf, San Francisco, Los Angeles, Long Beach, Oakland, Seattle, Washington

June 14 (Reuters) - The Longshore union and employers of 22,000 dockworkers at U.S. West Coast ports on Wednesday said they have reached a tentative deal on a new six-year contract, ending 13 months of talks and easing supply chain worries. "The tentative agreement delivers important stability for workers, for employers and for our country's supply chain," Su said in a statement on Wednesday. The tentative deal comes as retailers like Walmart (WMT.N) and Target (TGT.N) are starting to land merchandise for the critical back-to-school, Halloween and Christmas retail shopping seasons. Manufacturers, automakers and food producers who import or export goods also rely on the Pacific Coast ports. West Coast port market share dipped after some customers shifted cargo to rival East Coast and Gulf Coast ports to avoid potential labor disruptions during the negotiations.

Persons: Julie Su, Joe Biden, Su, James McKenna, Willie Adams, Gene Seroka, Lisa Baertlein, Kanjyik Ghosh, Christopher Cushing, Michael Perry, Simon Cameron, Moore Organizations: ., U.S, Labor, Warehouse Union, Pacific Maritime Association, ILWU International, West Coast, Los Angeles, Walmart, Manufacturers, East, Port of Los Angeles, Twitter, Thomson Locations: . West Coast, San Francisco, California, Washington State, Long, United States, West Coast, East Coast, Gulf Coast, Panama, China, Port of, Los Angeles, Bengaluru

☆ Tentative agreement ends worker slowdowns and stoppages that crippled West Coast ports
▼ + stars: | 2023-06-15 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +2 min

A tentative deal between the Pacific Maritime Association and the International Longshore and Warehouse Union was announced Wednesday night, ending 14 days of worker slowdowns and stoppages that crippled port productivity. The new contract is for six years and will cover workers at all 29 West Coast ports. "We are also pleased to turn our full attention back to the operation of the West Coast Ports." In a landslide vote, ILWU Canada workers authorized a strike at Canadian West Coast ports as early as June 24. Correction: A tentative deal between the Pacific Maritime Association and the International Longshore and Warehouse Union was announced Wednesday night.

Persons: slowdowns, James McKenna, Willie Adams, Labor Julie Su, Su Organizations: Pacific Maritime Association, Warehouse Union, West Coast Ports, Labor, CNBC, SSA, Logistics, Canadian Locations: Coast, San Francisco, California, Los Angeles, Long Beach, Oakland, The, Seattle's, Port, Seattle, Canada, Canadian West, Panama, East Coast

☆ For ILWU, West Coast port deal to be union-ratified, here's what has to happen next
▼ + stars: | 2023-06-15 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +4 min

But the proposed labor deal is a far way from being fully approved, according to the International Longshore & Warehouse Union. "The ILWU is pleased to have reached a tentative agreement with PMA last night," said a statement from ILWU President Willie Adams on Thursday afternoon. "These delegates will carefully review the tentative agreement and make a recommendation to the rank and file who will then vote on the tentative agreement," Adams said. "We will not be sharing details of the tentative agreement publicly until we have completed the ratification process," he stated. President Biden nominated Acting Secretary Su on February 28 to replace Labor Secretary Marty Walsh, who stepped down in March.

Persons: Julie Su, Willie Adams, Adams, Labor Su, Biden, Su, Marty Walsh, Price Rupert, CNBC's Lori Ann LaRocco Organizations: Biden, Labor, Warehouse Union, PMA, Pacific Maritime Association, United Mine Workers, AFL, Senate, Los Angeles Chamber of Commerce, U.S . Chamber of Commerce, ILWU, U.S . Locations: West Coast, California, San Francisco, Seattle, West, Vancouver, U.S . West Coast, Panama, East Coast

☆ Pacific Maritime Association and the International Longshore and Warehouse Union reach tentative labor agreement
▼ + stars: | 2023-06-14 | by ( Vanessa Yurkevich | ) edition.cnn.com time to read: +1 min

CNN —The Pacific Maritime Association and the International Longshore and Warehouse Union reached a tentative agreement Wednesday after more than a year of negotiations. The new six year deal covers workers at all 29 West Coast Ports and comes after worker stoppages that closed various West Coast port terminals in recent weeks. The deal was reached with assistance from Acting Labor Secretary Julie Su who met with both sides earlier this week, the PMA and the ILWU said in a joint statement. Details of the deal will not be released and is subject to ratification. “We are also pleased to turn our full attention back to the operation of the West Coast Ports,” they said.

Persons: Julie Su, ” James McKenna, Willie Adams Organizations: CNN, Pacific Maritime Association, Warehouse Union, Coast Ports, Labor, West Coast Ports Locations: West Coast

☆ West Coast Dockworkers Reach Contract Deal With Port Operators
▼ + stars: | 2023-06-14 | by ( Kurtis Lee | ) www.nytimes.com time to read: 1 min

After a year of contract negotiations that resulted in numerous delays and a decline in the movement of cargo at ports along the West Coast, union dockworkers and port operators have reached a tentative deal set to last for six years. In a joint statement released late Wednesday, the International Longshore and Warehouse Union and the Pacific Maritime Association announced a tentative agreement on a new contract that covers 22,000 workers at 29 ports from San Diego to Seattle, some of the busiest in the world. Details about the agreement, which is expected to be formally ratified by both sides, were not immediately released. President Biden, who stepped in last year to urge a swift resolution, released a statement congratulating both parties for reaching an agreement “after a long and sometimes acrimonious negotiation.”

Persons: Biden, ” Organizations: Warehouse Union, Pacific Maritime Association Locations: West Coast, San Diego, Seattle

☆ Biden Acting Labor Secretary Julie Su engaged in tense West Coast port contract negotiations
▼ + stars: | 2023-06-12 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +3 min

Julie Su testifies before a Senate Health, Education, Labor and Pensions Committee hearing on her nomination to be Labor Secretary, on Capitol Hill in Washington, U.S., April 20, 2023. President Biden's Acting Labor Secretary Julie Su is in current communication with labor and port management representatives in an effort to help broker a deal at a time of rising tensions at ports up and down the West Coast. President Biden nominated Acting Secretary Su on February 28 to replace Labor Secretary Marty Walsh, who stepped down in March. She was previously confirmed by the Senate to serve as the deputy secretary of labor on July 13, 2021. It estimated a more widespread strike along the West Coast could cost approximately $1 billion per day.

Persons: Julie Su, Biden's, Su, Su's, Biden, Marty Walsh, Suzanne Clark, Paul Brashier Organizations: Health, Education, Labor, Capitol, California Labor, Workforce Development Agency, Warehouse Union, Pacific Maritime Association, The Department, United Mine Workers, AFL, Senate, Los Angeles Chamber of Commerce, National Retail Federation, National Association of Manufacturers, . Chamber of Commerce, U.S . Chamber of Commerce, ILWU, Canadian, Logistics, ITS Logistics Locations: Washington , U.S, West, West Coast, Los Angeles, Long, U.S, ILWU Canada, Canadian West Coast, Panama, East

☆ ILWU Canada workers authorize strike in landslide vote, a 'significant blow' to West Coast ports
▼ + stars: | 2023-06-12 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +3 min

In a landslide vote, over 99% of ILWU Canada union workers critical for West Coast port operations, including in Vancouver and Prince Rupert, voted in favor of supporting a strike. The biggest port to be affected is the Port of Vancouver, the largest port in Canada. It is estimated that Canadian West Coast ports handle almost $225 billion worth of cargo a year, with items transported by rail including many consumer products, from apparel to electronics and home goods. The threat of a strike is occurring as labor tensions have escalated at U.S. West Coast ports. "This is a significant blow to operations on the West Coast," said Paul Brashier, vice president of drayage and intermodal at ITS Logistics.

Persons: Prince Rupert, Port of Prince Rupert, Prince Rupert Port Authority's, Brian Friesen, Berkshire Hathaway, Port, slowdowns, Paul Brashier, Adil Ashiq Organizations: ILWU, British Maritime Employers Association, Federal Maritime Conciliation, Port, Vancouver, Vancouver Fraser Port Authority, U.S, BNSF, U.S ., Pacific Maritime Association, ITS Logistics, Cargo, MarineTraffic, CNBC Locations: ILWU Canada, West Coast, Vancouver, of Vancouver, Canada, Canadian, Vancouver Fraser, U.S, Port of Vancouver, Port of, West, CN, Canadian Pacific, Berkshire, U.S . West Coast, Port, Seattle, Midwest, Chicago, Panama, East, North America

☆ PMA says US West Coast port workers shut down Port of Seattle; workers' union denies claim
▼ + stars: | 2023-06-10 | by ( ) www.reuters.com time to read: +2 min

"On the first shift today, the ILWU refused to dispatch any longshore workers to container terminals, the PMA said, resulting in the shutdown of the port. The ILWU, however, said that the West Coast ports are open and accused the PMA of "leveraging one-sided information to influence the process." “Despite what you are hearing from PMA, West Coast ports are open as we continue to work under our expired collective bargaining agreement,” said ILWU International President Willie Adams. West Coast ports stretching from California to Washington state are critical to the U.S. supply chains and the economy. The largest U.S. business group on Friday urged President Joe Biden to intervene immediately and appoint an independent mediator to address a protracted West Coast ports labor dispute.

Persons: ”, Willie Adams, Joe Biden, Suzanne Clark, Biden, Gokul, Diane Craft, Andrea Ricci Organizations: Pacific Maritime Association, International, Warehouse Union, Port, ILWU, Unions, . Chamber of Commerce, Thomson Locations: Port of Seattle, West, West Coast, California, Washington, U.S, Port, Seattle, Bengaluru

☆ Port of Seattle closed due to ILWU labor strife
▼ + stars: | 2023-06-10 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +1 min

The labor strife continues on the west coast with the announcement of the Port of Seattle shutting down due to the International Longshore and Warehouse Union (ILWU) refusing to dispatch labor to work at the container terminals. The West Coast ports have faced continuous worker slowdowns and stoppages all week where an estimated $5.2 billion of trade is floating off the Ports of Los Angeles, Long Beach, and Oakland. "Despite what you are hearing from PMA, West Coast ports are open as we continue to work under our expired collective bargaining agreement," stated International President Willie Adams. The Port of Seattle and its twin port, The Port of Tacoma, make up what is called the Northwest Seaport Alliance (NWSA). The Port of Seattle is one of the top maritime ports in North America that U.S. ag exporters rely on to ship their produce and grain.

Persons: Willie Adams Organizations: Port, Warehouse Union, Pacific Maritime Association, Northwest Seaport Alliance Locations: Seattle, West, Los Angeles, Long Beach, Oakland, West Coast, The Port, Tacoma, North America, China, Japan, Vietnam, South Korea, Taiwan, Thailand, Indonesia, Malaysia, Philippines, India

REUTERS/Carlos BarriaJune 9 (Reuters) - The largest U.S. business group on Friday urged President Joe Biden him to intervene immediately and appoint an independent mediator to address a protracted West Coast ports labor dispute. West Coast ports stretching from California to Washington state are critical to U.S. supply chains and the nation's economy. U.S. Chamber of Commerce CEO Suzanne Clark in a letter to Biden cited "continued and potentially expanded service disruptions at these ports heading into peak shipping season." Workers reported for duty on Thursday and Friday at the Port of Los Angeles, officials said. "Operations going into the weekend seem to be the most normal they've been" since labor disruptions started late last week, Los Angeles port spokesman Phillip Sanfield said, adding that the port has limited weekend hours.

Persons: Carlos Barria, Joe Biden, Suzanne Clark, Biden, Phillip Sanfield, David Shepardson, Chizu Nomiyama, Mark Potter Organizations: Shipping, Port, REUTERS, . Chamber of Commerce, Pacific Maritime Association, Warehouse Union, Workers, Retailers, Thomson Locations: Oakland, Oakland , California, U.S, West Coast, California, Washington, Seattle, Tacoma, Los Angeles, Long, Port of Los Angeles, San Francisco, East Coast, Gulf of Mexico, Asia, Panama

The "slow and go" pace of the International Longshore and Warehouse Union workforce at West Coast ports has slowed ground port productivity to a crawl. "Our data shows that vessels will continue arriving at West Coast ports in the coming days with significant amounts of cargo to unload," said Kyle Henderson, CEO of Vizion. Truck and container backupsThe average truck turns to go in and out of the West Coast ports are up. West Coast ports, which had lost significant volume to East Coast ports over the past year due to volatility in the labor contract talks, had in recent months begun to gain back volume. Recent Panama Canal low water levels limited cargo throughput, and soon after that, large parts of U.S. West Coast ports stopped handling inbound and outbound container trade.

Persons: Kyle Henderson, lashers, Xeneta, Peter Sand, Hapag Lloyd, Paul Brashier, Jerome Powell, Jonathan Ostry Organizations: Fenix Marine Services, Warehouse, Port, CNBC, Vizion, Logistics, Pacific Maritime Association, Long, PMA, Marine Services, East Coasts, Fenix Marine, U.S ., East Coast Ports, CMA, ITS Logistics, Los Angeles, Federal, Georgetown Locations: West Coast, Port of Oakland, Port of Los Angeles, Long Beach , California, Oakland, Los Angeles, Long, Port of Long, Long Beach, Seattle, Tacoma, West, U.S, East, Coast, East Coast, Panama, U.S . West Coast, Gulf, Asia, South America, Los, Houston, Savannah

☆ Freight railroad alert raised to 'red' as shippers fear more West Coast port tensions
▼ + stars: | 2023-06-07 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +2 min

The slowdown in International Longshore and Warehouse Union work at West Coast ports has created a congestion contagion that is spreading to the freight railroads, with uncertain consequences for the supply chain. The West Coast ports, including Los Angeles and Long Beach, had seen an uptick in recent activity as labor talks progressed, taking back some volume from East Coast ports which had gained amid the labor tensions over the past year. That port processes less railroad freight compared to the ports of Los Angeles and Long Beach, which have been open with only certain terminals targeted for shutdowns. Brashier said there is concern that inland port intermodal (IPI) freight will be hit next. "Without a concrete resolution in sight, a lack of reliable communication from either party and the ILWU actions, shippers should stay vigilant and close to the situation on the West Coast as the situation remains extremely fluid," he said.

Persons: Paul Brashier, Brashier Organizations: ITS Logistics, Port, Rail, Los, Pacific Maritime Association, The Association of American Railroads, shutdowns Locations: West Coast, Los Angeles, Long, East Coast, U.S, Port, Oakland

☆ West Coast port labor issues continue as some Los Angeles-bound rail shipments get paused
▼ + stars: | 2023-06-06 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +3 min

Aerial view of containers and cargo ships at the Port of Los Angeles on Jan. 19, 2022 in San Pedro, California. Union Pacific is no longer accepting exports or empty containers at its Denver rail terminal destined for the Port of Los Angeles, a proactive move that reflects the supply chain issues that have arisen due to ongoing West Coast port labor issues. That is critical for food and agriculture shipments, where products can spoil — the U.S. agriculture industry uses the West Coast predominantly for its goods. The Port of Los Angeles is the nation's busiest port, processing $440 billion in cargo value per year. Berkshire Hathaway subsidiary BNSF and Union Pacific are the railroads servicing the West Coast ports.

Persons: Paul Brashier Organizations: Port, San Pedro , California ., San Pedro , California . Union Pacific, CNBC, Ocean, CMA, Pacific, Union Pacific, Berkshire Hathaway, BNSF, ITS Logistics, Pacific Maritime Association, Oakland, Truckers, Marine Services, Maersk Locations: Port of Los Angeles, San Pedro , California, San Pedro , California . Union, Denver, West Coast, Los Angeles, East Coast, Long, U.S, Seattle, OOCL, COSCO Shipping, Sealand, Evergreen

☆ West Coast dockworkers disrupt trade for a fourth day, says maritime group
▼ + stars: | 2023-06-05 | by ( Vanessa Yurkevich | ) edition.cnn.com time to read: +4 min

CNN —For a fourth day, dockworkers at West Coast ports in the United States are disrupting international trade, according to the Pacific Maritime Association. The West Coast ports, which once handled the bulk of US trade — especially during the pandemic, have relinquished some volume to the Gulf and East Coast Ports. The West Coast ports have said they are capable and open for business. Much of the diverted cargo may never return to the West Coast,” the PMA said. “We are getting there but it’s important to understand that West Coast dockworkers kept the economy going during the pandemic and lost their lives doing so.

Persons: Biden, ”, David French, Willie Adams, “, dockworkers Organizations: CNN, Pacific Maritime Association, Port, Warehouse Union, PMA, East Coast, National Retail Administration, National Retail Federation Locations: dockworkers, West Coast, United States, Port of Long, Los Angeles, Long, Oakland, Seattle, Port, Tacoma, Gulf, East, East Coast Ports, West, California

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