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Search resuls for: "Seroka"


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☆ Rail cargo is still lagging, but the delays are shortening, says Port of Los Angeles' Gene Seroka
  + stars: | 2022-10-24 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRail cargo is still lagging, but the delays are shortening, says Port of Los Angeles' Gene SerokaGene Seroka, Port of Los Angeles, joins 'The Exchange' to discuss port problems and supply issues still plaguing the U.S.
☆ Port Labor Talks Stall as Worker Disruptions Grow
  + stars: | 2022-09-19 | by ( Paul Berger | ) www.wsj.com   time to read: +5 min
West Coast port labor talks are stalled as dockworker disputes hit the region’s big trade gateways, according to shipping industry officials who fear the negotiations could take months to resolve. “What you are starting to hear is people are losing faith,” said one shipping industry official. In August 40,000 containers were diverted from the Port of Los Angeles to the neighboring Port of Long Beach because of one labor dispute. The concerns over the progress of the talks comes as labor disputes around the U.S. are growing. Shipping industry officials say they also want the government to get more involved in the port labor talks.
☆ Here's how the freight rail strike could affect you
  + stars: | 2022-09-14 | by ( Chris Isidore | Vanessa Yurkevich | Cnn Business | ) edition.cnn.com   time to read: +10 min
New York (CNN Business) The US economy can keep running without freight trains — but not for long. But a rail strike could send prices shooting higher again due to limited supplies. The National Retail Federation said last week it is concerned about shortages later this year if there is a rail strike. A rail strike would "devastate the movement of manufactured products that families depend on." CommutingAlthough only the nation's freight rail lines face a pending strike, many of the nation's commuter trains travel on tracks maintained and operated by the freight railroads.
☆ Southern California’s Notorious Container Ship Backup Ends
  + stars: | 2021-04-07 | by ( Paul Berger | ) www.wsj.com   time to read: +5 min
The backup of container ships off Southern California’s coast that was at the heart of U.S. supply chain congestion during the Covid-19 pandemic has effectively disappeared. But the biggest gain likely has come from fewer boxes reaching the busiest U.S. seaport complex for container imports. By January 2022, only 31% of container ships arrived at ports on time, down from about 70% before the pandemic, according to Sea-Intelligence. By September 2021, the average cost for shipping a container from Asia to the U.S. West Coast exceeded $20,000, a sixfold increase from a year earlier, according to the Freightos Baltic Index. Last week, the average cost to ship a container from Asia to the U.S. West Coast had declined 84% from a year earlier to $2,720.
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