West Coast ports reopened today after a five day shutdown, as Labor Secretary Tom Perez meets with representatives in San Francisco to find a long term end to the nine month dispute.
The White House is ramping up its pressure to end the cargo slowdown affecting half of all U.S. maritime trade and more than 70 percent of Asian imports.
Image: Port of Oakland
Regardless of the outcome of today’s negotiations, the port strike has already taken a toll on the flow of retail traffic that has caused devastating financial damage and a backordered shipment schedule that could take months to clear up. If a permanent shutdown were to happen, it could cost the national economy up to $2 billion a day.
Honda has already cut back in production in its Ohio, Indiana, and Canada, plants because it’s unable to obtain crucial parts from Japan. Toyota is cutting back on overtime at some its plants and paying for costly airlifting of important parts. Clothing retailers such as Levi’s and Michael Kors have spoken up about the detrimental impact the strike has on their ability to make deliveries on time. Citrus growers in California have said crates of oranges are rotting away, waiting to be loaded onto ships.
For continued coverage of the conflict, check our West Coast Labor Dispute here
By Shirin Ghaffary - February 20, 2015
The White House’s top labor official has given the parties involved in the west coast labor dispute an ultimatum: end this fight here, or we’ll end it in Washington.
US Secretary of Labor Tom Perez, who flew into San Francisco earlier this week,...Read more
By Shirin Ghaffary - February 21, 2015
Both sides involved in the west coast labor dispute reached a tentative deal Friday evening, likely ending a rocky nine-month-long negotiation process that jammed the flow of shipments across the Pacific.
The Associated Press reported that...Read more
By Shirin Ghaffary - February 26, 2015
The West Coast port dispute might be over for now, but it’s left a trail of backed up cargo, and more importantly, distrust in the network of Pacific ports that account for more than half of shipments coming into the United States.
Last Friday,...Read more