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Almost half of the containers bound by freight rail out of the Port of Los Angeles are waiting nine-plus days to get out of the port and onto the rail. In September, the Port of Los Angeles moved a total of 954,706 twenty-foot equivalent units making the month its best September ever. "This is not impacting port operations," said Seroka. "We want to make sure we improve on all port operations. In September, the Port of Long Beach moved 829,499 twenty-foot equivalent units.
Persons: Mario Tama, Gene Seroka, Seroka, Donald Trump, Mario Cordero, Cordero, Matt Shay Organizations: Union Pacific Intermodal, Getty, San, Port, CNBC, U.S, Republican, National Retail Federation, Target, Walmart Locations: Los Angeles , California, West, of Los Angeles, San Pedro, LA, Long, Port of Long Beach, of Long, lading, Port of Los Angeles
Dockworkers strike in a picket line outside of the Port of Houston Authority on October 01, 2024 in Houston, Texas. The strike, affecting 36 ports, marked a historic event and was the first by the union since 1977. (Photo by Brandon Bell/Getty Images)The tentative agreement to suspend the International Longshoremen's Association strike may have consumers and businesses breathing a sigh of relief. In a statement Friday, the ILA said it wants to tighten the language related to the use of automation at ports. It is only a tentative agreement and automation at ports will remain a major stumbling block," said Peter Sand, chief shipping analyst at supply chain intelligence firm Xeneta.
Persons: Brandon Bell, Peter Sand, Harold Daggett, Daggett, Dennis Daggett, Harold Daggett's, that's, Sand, Dr, Michael Nacht, Larry Henry Organizations: Port, Houston Authority, International Longshoreman's Association, United States Maritime Alliance, International Longshoremen's Association, ILA, CNBC, Office, GAO, Public, University of California, Defense, ContainerTrac, International, Warehouse Union, Pacific Maritime Association Locations: Houston , Texas, U.S, Berkeley, Long Beach, Los Angeles , California, West Coast
Here’s the deal: The East Coast port strike is getting a lot of attention for its potential disruption to the economy — which is precisely the point. No dockworkers means no bananas (or whatever), which means no profits for the companies that produce and ship them. While research shows automation has obvious benefits, like lower operating costs and fewer human-related errors, port automation does not, on its own, significantly improve performance, according to a 2018 McKinsey report. But automation anxiety is rapidly spilling over into office work, where managers are adopting AI in the hopes of replacing human work or amplifying production. As Washington Post columnist Heather Long wrote Tuesday, the strike is “an early battle of well-paid workers against advanced automation.
Persons: CNN Business ’, It’s, , Dennis Daggett, Mark Felix, Sameera Fazili, Biden, it’s, , ” Fazili, Heather Long Organizations: CNN Business, New York CNN, Hollywood, McKinsey, International Longshoremen’s Association, Economic, Getty, National Economic Council, Washington Locations: New York, East Coast, China, Singapore, Europe, Port of New York, New Jersey, Long Beach, Los Angeles, AFP
The new issue for the global supply chain comes amid a rise in global demand, with shipments up 13% year-over-year in June. Air freight supply has increased, but only by 3% year-on-year, already causing higher costs for shippers due to the limited capacity, according to Xeneta. Thousands of flights were grounded or delayed at the world's largest air freight hubs in Europe, Asia and North America. "This is a reminder of how vulnerable our ocean and air supply chains are to IT failure." Ports, freight rails, report some issues, but normal operationsMost rails and ports were faring better after some early morning disruptions.
Persons: Buttigieg, Pete Buttigieg, van de Wouw, Niall van de Wouw, Xeneta, Berkshire Hathaway, Mario Cordero, Bethann Rooney, Emily Stausbøll, Stausbøll, Kpler, Matt Wright Organizations: U.S . Department of Transportation, Transportation, CNBC, Air, Microsoft, FedEx, UPS, Union Pacific, Pacific, CSX, Norfolk, BNSF, APM, Maersk, Port Authority, Port Authority of New, Port, U.S ., Harbour Master Locations: New York, U.S, China, Europe, Asia, North America, Norfolk Southern, Berkshire, Port, Houston, Los Angeles, of Long Beach, New Jersey, Port Authority of New York, Savannah, Virginia, Charleston Port, U.S . East Coast, Maritime, Gdansk, Dover, Felixstowe, Liverpool, Rotterdam
Crude oil futures held firm on Thursday as fears of war between Israel and the Iran-backed militia Hezbollah overshadowed soft U.S. gasoline demand. "The hurricane left a noticeable mark on US gasoline consumption," Prateek Kedia, vice president of global commodities research at JPMorgan, told clients in a research note Wednesday. Here are today's energy prices:But oil still managed to close slightly higher Wednesday, as escalating tensions on the Israel-Lebanon border provided a price floor. Daniel Yergin, vice chairman of S&P Global, told CNBC's "Squawk Box" on Wednesday that Middle East tensions are hanging over the market. He cautioned that oil could spike again, pointing to the April rally when prices broke above $90 per barrel when Israel and Iran teetered on the brink of war.
Persons: Alberto, Kedia, John Evans, Daniel Yergin, CNBC's Organizations: Beta Operating, JPMorgan, Israel, P Global Locations: Long Beach , California, Israel, Iran, U.S, Lebanon
Platform Eureka, an offshore oil and gas platform operated by Beta Operating Company LLC, off the coast of Long Beach, California, US, on Thursday, Nov. 2, 2023. Crude oil futures rose slightly on Monday as analysts see summer fuel demand pushing the market into a supply deficit in the coming weeks. Goldman Sachs analysts said Brent should rise to $86 in the third quarter as summer transportation and cooling demand pushes the market into a "sizeable" deficit of 1.3 million barrels per day. Here are today's energy prices:Oil prices posted a loss last week after OPEC+ agreed to increase production starting in October through September 2025. OPEC+ can delay, pause or reverse its decision to raise production if needed to stabilize the oil market, Goldman analyst Daan Struyven told clients in a Sunday note.
Persons: Goldman Sachs, Brent, Daan Struyven Organizations: Beta Operating, Goldman Locations: Eureka, Long Beach , California, OPEC
Platform Ellen and Elly, offshore oil and gas platforms operated by Beta Operating Company LLC, off the coast of Long Beach, California, US, on Thursday, Nov. 2, 2023. U.S. crude oil fell more than 1% on Tuesday, extending a recent losing streak to erase most of its gains for the year after OPEC+ announced plans to increase production starting in October. U.S. crude oil and global benchmark Brent both hit four-month lows earlier in the session. U.S. crude has fallen for five consecutive sessions now, with the July contract tumbling 3.6% on Monday in the wake of the OPEC+ meeting last weekend. Here are Tuesday's closing energy prices:In a surprise move, eight producers led by Saudi Arabia and Russia laid out a detailed plan to gradually phase out 2.2 million bpd of production cuts from October 2024 through September 2025, meaning oil supply will start increasing in the fourth quarter of this year.
Organizations: Beta Operating, OPEC, Brent Locations: Long Beach , California, Saudi Arabia, Russia
But the Biden administration, lawmakers and ports management continue to differ in their views of the true nature of the threat. Kurt Fredrickson, a Coast Guard spokesman, told CNBC via email that even if the software is not Chinese, all software has vulnerabilities, regardless of origin. "Software is everywhere," Gene Seroka, executive director of the LA port, told CNBC in a recent interview at the TPM conference. They warn the crane software concerns are part of a much larger societal risk. He added that regardless of the origin of the crane software and the origin of a crane's manufacturing, there are ways to mitigate cyber risk.
Persons: Biden, Jay Vann, Robert Murray, it's, Kurt Fredrickson, Murray, Carlos Gimenez, Melanie Stambaugh, Greg Ehrie, Doug Vogt, Vogt, Mario Cordero, Noel Hacegaba, Cordero, Gene Seroka, Lucian Niemeyer, Trump, Niemeyer Organizations: CNBC, ABB, Germany's Siemens, Counterterrorism, Law, Intelligence, Homeland Security, U.S . Coast Guard Cyber Command, Biden Administration, People's, Capitol, National Association of Waterfront Employers, Coast Guard, Transportation, Maritime Security, of South Carolina, Northwest Seaport Alliance, USCG, American Association of Port Authorities, New Jersey Port Authority, Siemens, New, Port, Biden, North Carolina Ports, ZPMC, NC, United States Coast Guard, Samsung, U.S . Department of Homeland Security, DHS, U.S . Coast Guard, Security, Defense for Energy, National Security, Management, Maritime Transportation, Joint Force, MTS, Readiness Locations: China, Swiss, People's Republic of China, U.S, of South, China . Port of Long Beach, Tacoma, Seattle, York, New Jersey, New York, Port of New Orleans, of Long Beach, Port of Long, Port of Los Angeles, Port, Oakland, Georgia, Finland, Japan, Taiwan, Europe, Shanghai
"The Vince Staples Show" is a semi-autobiographical series featuring the rapper navigating life in Long Beach. "The Vince Staples Show" opens with this disclaimer. Each episode lacks enough time to give viewers what they really want"The Vince Staples Show" episode 5, season 1. Staples shines when it appears he's being himselfIn "The Vince Staples Show," season 1, episode 2, Staples recognizes the bank robber as one of his friends. "The Vince Staples Show" is a limited-run five-episode series that may very well be a teaser to gauge response before Netflix commits to more episodes.
Persons: Vince Staples, Staples, , Netflix Staples, Kenya Barris, Ian Edelman, Ramona, serendipitously, Andrea Ellsworth, Anita, Vanessa Bell Calloway, Rick Ross, he's, George Clooney, Queen Latifah Organizations: Service, Netflix Locations: Long Beach, Long Beach , California, America, Long, Staples
There have been enough offbeat comedies about rappers and hip-hop lately to make up their own genre — the shape-shifting surreality of “Atlanta,” the scatological farce of “Dave,” the social-media savvy of “Rap Sh!t” — not to mention a list of dramas and docu-series from “Empire” to “Wu-Tang: An American Saga.”On Thursday, Netflix adds “The Vince Staples Show,” an impressionistic alt-comedy built around the deadpan sensibility of its star. It is mordantly funny and visually arresting, although at five brief episodes, it’s more of an EP than a magnum opus. Staples, once affiliated with the alternative hip-hop collective Odd Future, is known not just for his music but for a self-aware sense of humor that’s made him a sharp presence on social media. In the series, whose executive producers include Staples and Kenya Barris (“black-ish”), he plays a version of himself, flexing his sardonic voice while playing with the sense of danger that informs many of his lyrics. In the first episode, Vince is pulled over after making a U-turn in his home town of Long Beach, Calif.
Persons: Dave, “ Wu, Vince Staples, Staples, that’s, Vince, Organizations: Netflix, Staples, Kenya Barris Locations: Atlanta, Kenya, Long Beach, Calif
Photos You Should See View All 45 ImagesNear the Hollywood Hills, floodwaters carried mud, rocks and household objects downhill through Studio City, city officials said. Downtown Los Angeles received nearly 7 inches (18 centimeters) of rain by Monday night, nearly half the yearly average of 14.25 inches (36 centimeters). The danger wasn’t over despite a projected dip in the rainfall, warned Ariel Cohen, meteorologist in charge of the National Weather Service bureau in Los Angeles. “We’ll get any help on the way as soon as you guys request it,” he told Los Angeles Mayor Karen Bass in a telephone call. Associated Press journalists Michael R. Blood and Eugene Garcia in Los Angeles and Amy Taxin in Orange County contributed to this report.
Persons: , Keki Mingus, “ I’ve, ” Drake Livingston, Livingston, Ariel Cohen, “ It’s, Tony Sanz, ” Crews, , Nathan Lopez, Gavin Newsom, Joe Biden, “ We’ll, Los Angeles Mayor Karen Bass, ___ Watson, Michael R, Eugene Garcia, Amy Taxin Organizations: ANGELES, National Weather Service, Authorities, Hollywood, Downtown, Los Angeles Fire Department, San Bernardino County Fire Department, Rancho, Santa Cruz County . Police, Gov, Los Angeles Mayor, Associated Press Locations: Southern California, Los Angeles, Northern California, Studio City, Beverly Crest, Downtown Los Angeles, LA, Los Angeles County, Santa Ana, San Bernardino, Rancho Dominguez, Compton, Long Beach, San Francisco Bay, Carmichael, Sacramento, Boulder, Santa Cruz County, Yuba City, San Francisco, San Diego, Orange County
HUNTINGTON BEACH, Calif. (AP) — Federal officials on Tuesday recommended increasing the distance from undersea pipelines that vessels are allowed to anchor in Southern California, citing a 2021 oil spill they said was caused by ships whose anchors were dragged across a pipeline after a storm. The agency's board members recommended that authorities increase the safety margin between ships anchored on their way to and from the ports of Los Angeles and Long Beach and undersea pipelines in the area. Political Cartoons View All 1283 ImagesThey also urged vessel traffic services across the country to provide audible and visual alarms to those tasked with keeping watch when anchored vessels near pipelines. The recommendations as well as several others followed a nearly four-hour hearing on the spill, one of the largest in Southern California in recent years. A message was also left for the Port of Long Beach.
Persons: Andrew Ehlers, , Organizations: , National Transportation Safety, MSC Danit, NTSB, Port, Marine Exchange, U.S . Coast Guard, Surf Locations: HUNTINGTON BEACH, Calif, Southern California, Houston, Huntington Beach, Beijing, Los Angeles, Long, Port of Los Angeles, Port of Long Beach, Danit
WASHINGTON (AP) — The Transportation Department on Friday awarded $653 million in grants to upgrade and improve 41 water-based ports across the United States. The grants are part of the $1 trillion in infrastructure investments included in a bipartisan law signed by President Joe Biden in 2021. Biden administration officials said the projects being supported will allow ports to meet greater shipping demands as well as lowering costs for consumers and improving worker safety. He said the goal of the projects is to improve the infrastructure for ports so that they can withstand the kinds of shocks seen during the pandemic. “Today’s announcement is another big step in that direction.”The grants included $43.4 million to replace a dock in Cold Bay, Alaska.
Persons: Joe Biden, Biden, Pete Buttigieg, Buttigieg, Organizations: WASHINGTON, Transportation Department, Transportation Locations: United States, Cold Bay , Alaska, The, Long Beach, California, Port, Newark, New Jersey
The decision by Saudi Arabia and Russia to extend the voluntary cuts drove up oil prices to over $90 a barrel in late September. Saudi crude exports to China rose to nearly 1.6 million bpd in September, up from 1.2 million bpd in August and 1.37 million bpd in July, Kpler data showed. U.S. CRUDE EXPORTS FALLAs the U.S. sees less crude imports, it has exported less oil to Europe. U.S. crude exports to Europe fell to 1.86 million bpd in September and 1.84 million bpd in August, from 2.01 million bpd in July, Kpler data showed. Tight supply led the premium for front-month Brent crude futures to rise to as much as $3.26 a barrel above the second month , the highest since 2022.
Persons: Lucy Nicholson, Matt Smith, Smith, refiners, Vortexa's Rohit Rathod, Adi Imsirovic, Brent, Stephanie Kelly, Alex Lawler, David Gregorio Our Organizations: Port, REUTERS, Brent, Organization of, Petroleum, Total U.S, Americas, Kpler, West, Surrey Clean Energy, CSIS, Midland, P, Insights, Thomson Locations: Port of Long Beach, Port of Los Angeles, Los Angeles , California, U.S, Saudi Arabia, Europe, Russia, Nigeria, Algeria, Saudi, China, Richmond , California, Los Angeles, Midland, Brent
Late last year, it installed 38 chargers for electric trucks operated by Maersk at two sites in the Los Angeles area. There were 1.8 million conventional medium and heavy duty commercial vehicles operating in the state in 2021, according to data from the California Air Resources Board. Arnold said electric charging sites might be more lucrative than traditional industrial outdoor storage properties. The EV-charging business' chicken-and-egg problemOne of the biggest constraints to the development of charging sites is the availability of power. PDS operates about 320 diesel rigs, Gillis said, but because of the rules, will purchase "20 to 30 electric trucks" a year to steadily electrify its fleet.
Persons: Henrik Holland, John O'Leary, O'Leary's, Holland, Crawford Arnold, Arnold, Southern California Reuters Arnold, Vernon, Rivian, Gage, Zeina, Azzi, she'd, Jim Hurless, Hurless, Michael Bresnahan, Bresnahan, Elon Musk, Tesla, Greg Pearson, Pearson, Frank Schulz, Marijan Murat, Jim Gillis, Gillis, Emil Abdelshehid, We're, Nikola, Moshe Cohen, Cohen Organizations: Shell, Prologis, Maersk, Daimler Truck North, Mercedes, Freightliner, Government, California Air Resources Board, US Department of Energy, IOS, Investors, Shipping, Southern California Reuters, Amazon, FedEx, UPS, Colorado ., Chateau Energy Solutions, Tesla, Klabin, Getty, Los, Pacific Drayage Services, Los Angeles Department of Water, PDS, Volvo, Inc Locations: Southern California, Danish, Los Angeles, Long, Los Angeles County, Torrance, Daimler Truck North America, California, Vernon, of Long Beach, Newark , New Jersey, Texas, New York City, New Jersey, Colorado, Inland, Fontana, San Bernardino, Brooklyn
REUTERS/Lucy Nicholson/File Photo Acquire Licensing RightsOct 23 (Reuters) - Jason Andringa’s company was part of the stampede of U.S. businesses that built factories in China. But the mood of Vermeer and many other global producers has turned sour on China. Rather than expand in China, these companies are directing new investments to other low-cost countries such as Vietnam and India. Ryan Gunnigle, CEO of Atlanta-based toy maker Kids2, said he is continuing to invest in his China factories, adding both automation and new capacity. The CEO of Danby Appliances, a Canadian company that sells over half of its products in the U.S., got 85% of its goods from Chinese factories five years ago.
Persons: Lucy Nicholson, Jason Andringa’s, Vermeer, Biden, Joe Biden, Xi Jinping, Gina Raimondo, Matt Dollard, Ryan Gunnigle, Kids2, Jim Estill, He’s, Danby, Timothy Aeppel, Anna Driver Organizations: Port, REUTERS, U.S ., U.S, Nvidia, Wall Street, U.S . Bureau, China Business Council, Reuters, Asia Pacific Economic Cooperation, Trump, RSM US, Appliances, Thomson Locations: Port of Long Beach, Port of Los Angeles, Los Angeles , California, U.S, China . Iowa, China, Mexico, Asia, San Francisco, Beijing, Washington, Taiwan, Vietnam, India, Atlanta, Canadian, Turkey, Canada
IndyCar will return to the Milwaukee Mile next season and Texas Motor Speedway is off the calendar for the first time since 1997 in the 2024 schedule released Monday. NASCAR is expected to return to the oval, and IndyCar will race the Indianapolis road course only once — in May ahead of the Indianapolis 500. IndyCar is still finalizing an exhibition race to be held in Argentina next season that was not part of Monday's schedule announcement. Political Cartoons View All 1176 ImagesSebastien Bourdais won the final IndyCar race at the track in West Allis, Wisconsin. IndyCar is coming off its most-watched season on record with an average Total Audience Delivery of 1.32 million viewers.
Persons: Rodger Ward, Michael Andretti, Bobby Unser, Mario Andretti, A.J, Foyt, Gordon Johncock, Johnny Rutherford, Tom Sneva, Paul Tracy, Al Unser, Sebastien Bourdais, Roger Penske, Peacock, , Mark Miles Organizations: IndyCar, Milwaukee Mile, Texas Motor, NBC, Texas, NASCAR, Indianapolis Motor Speedway, Indianapolis, Milwaukee, Labor, Indianapolis Motor, Wisconsin, Fair, NBC Sports, Penske Entertainment Corp, USA, Motorsports Park, America, Speedway, International Raceway Locations: Southern California, Nashville, , Argentina, West Allis , Wisconsin, Milwaukee, Wisconsin, St . Petersburg , Florida, Toronto, St . Petersburg, Long Beach, Detroit, Laguna Seca
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
Rep. Robert Garcia, a freshman Democrat from California, is a self-described urbanist. The former mayor of Long Beach has crowdsourced ideas for urbanist legislation. "I think a good city, good urbanism, is a dense core, it's walkable, it's bikeable, and there's also a focus on public transit," Garcia said in an interview. He wants to bring policies that have worked in Long Beach and California to the entire country. Garcia said he's made connections with fellow Democratic members who see eye to eye on housing, transportation, and other related issues.
Persons: Robert Garcia, it's bikeable, there's, Garcia, he's, Jake Auchincloss, Seth Moulton of, Greg Casar of, Sen, Brian Schatz, hasn't, I've Organizations: Service, Republican, DC, Department of Transportation, Democratic Locations: California, Long, Wall, Silicon, Long Beach, Long Beach and California, Seth Moulton of Massachusetts, Greg Casar of Texas, Hawaii
Last week, total rail volume from Canada to the U.S. was down 12%, according to The Association of American Railroad's latest rail traffic report for the week ending July 22. This was an improvement given the first full week of the strike saw a 46% decrease in rail trade from Canada, and the second week suffered a 36% decrease. Rail traffic from Canada into the U.S. had a third-straight weekly drop as a result of the on-again, off-again strike at the West Coast Canadian ports. When the first strike ended on its thirteenth day, delays for rail containers were estimated at 39 to 66 days. Adding another day with the on-again, off-again strike last week, brings the congestion removal tally up to 42-70 days.
Persons: Port of Prince Rupert, Doug Macdonald, Rupert, Blaine Davidson, Terri Shimensky, Shimensky, Eric Byer, Byer, NACD Organizations: The Association of American, West Coast, Railway Association of Canada, CNBC, The Railway Association of Canada, Port, National Association of Chemical Distributors, CN, U.S ., Railroads, Canada, Association of American Railroads Locations: Canada, Port of Vancouver, Port of, Vancouver, Ohio, of Long, U.S . West Coast, U.S, Chicago, West
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
Tugboats guide the Mediterranean Shipping Co. (MSC) Mia container ship arriving at the Port of Los Angeles in Los Angeles, California, U.S., on Wednesday, April 1, 2020. The number of vessels due to dock at the Port of Los Angeles and Long Beach is increasing as labor slowdowns at West Coast port terminals have impacted supply chain operations, from trucks to rails and ocean carriers. Data from MarineTraffic shows that vessel problems are shifting from isolated to more pervasive. He said these vessels have yet to be loaded/offloaded and sent away, critical to make room for the next wave of vessels heading to Los Angeles. At the Port of Los Angeles, the CMA CGN Lyra has been at the dock since May 31; CMA CGM Amerigo Vespucci has been there since June 1.
Persons: Adil Ashiq, Lyra, Amerigo Vespucci Organizations: Mediterranean Shipping Co, Port, Marine Exchange, Southern, Vessel Traffic Service, North, MarineTraffic, MSC, CNBC, Tesla, CMA, Ports Locations: Port of Los Angeles, Los Angeles , California, U.S, Long, West Coast, Port of Long, Southern California, Los Angeles, LA, North America, of Los Angeles, Europe, Port of Oakland
Rep. Nanette Barragan (D-CA) speaks alongside US Department of Transportation Secretary Pete Buttigieg after a tour of the Ports of Los Angeles and Long Beach during a press conference at the Port of Long Beach on January 11, 2022 in Long Beach, California. Two Democratic lawmakers are calling on Medicare to provide more information on how the program will make good on its promise to cover Alzheimer's treatments for seniors. Medicare has promised to cover Alzheimer's antibody treatments on the same day the medications receive full approval by the Food and Drug Administration. The federal health program will cover the treatments through Part B of the program for seniors. Eshoo and Barragan told Brooks-LaSure that they are worried the registry could present a barrier to care.
Persons: Nanette Barragan, Pete Buttigieg, Anna Eshoo, Chiquita Brooks, LaSure, Eshoo, Barragan, Brooks Organizations: US Department of Transportation, Port, Democratic, Health, Medicare, Medicaid Services, Food and Drug Administration, FDA Locations: Los Angeles, Long, Port of Long Beach, Long Beach , California
The Port of Long Beach is the second-busiest U.S. container terminal and a key driver of economic activity. That industry accounts for about half of the volume at the nation's container ports and is gearing up for back-to-school, Christmas and key sales events. That facility is majority owned by container shipping giant Mediterranean Shipping Company SA (MSC). Pacific Container Terminal, owned by Carrix Inc's SSA Marine, was closed on Monday for normal operational reasons having nothing to do with labor, terminal general manager Randy Galosic told Reuters. Many West Coast terminals are fully or partly owned by those shipping companies.
Persons: Biden, dockworkers, David French, TTI, Lee Peterson, Randy Galosic, Lisa Baertlein, Will Dunham, Chizu Organizations: National Retail Federation, Mediterranean Shipping Company SA, Warehouse Union, Coast, Container, Carrix, SSA, Reuters, ILWU, Long, Thomson Locations: ANGELES, West Coast, Southern California's Port, Long, Oakland , California, California, Washington, TTI, Los Angeles, Oakland, Long Beach, West
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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