Someone's Lying in the West Coast Ports Slowdown
SEAFOODNEWS.COM [CNBC] By Jane Wells - January 26, 2015 -
The good news: 2014 was a fantastic year at the nation's largest container port complex in Los Angeles and Long Beach. Volumes rose 4 percent to the highest level since before the recession, a sure sign of a rebounding economy.
The bad news: There's a lot of cargo stacked up at the docks going nowhere. And the gridlock seems to mirror the lack of progress in contract talks between terminal operators and longshoremen.
Management and labor at the ports are blaming each other for the epic congestion. And it appears impossible for both sides' stories to be true.
Publicly, both sides say they're eager to clear the congestion.
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