Gene Seroka, Port of LA executive director, joins 'Squawk on the Street' to discuss what Seroka's seeing ahead of the East Coast port strike, what the Port of LA is preparing for, and what the port strike will do for the economy.
“The Port of LA already for the month of August was at 17% higher than they have ever been,” Chaturvedi said. Arizona isn’t completely safe from the strike; there is only so much the West Coast ports can handle. “Yes, there is a small chance the West Coast might see some conge...
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The article reports on the decision of the office clerical workers, who are members of the Office Clerical Unit of International Longshore and Warehouse Union Local 63, and waterfront employers at the ports of Los Angeles and Long Beach, California to resume contract negotiations.Mongelluzzo...
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“It is my hope that both parties quickly come to an agreement to prevent a strike with wide-ranging impacts on the port operators, economy, and longshoremen.” Rep. Troy Carter (D-La.), who represents New Orleans, another potential strike site, said “both parties must come together in...
of Los Angeles executive director Gene Seroka cited protracted negotiations and fears of a labor strike among port workers as the reason for the shift in trade at a press conference earlier this week. For the last three months, the Port of LA has also trailed...
To nobody’s surprise, the spectre of late dwell charges on containers at the prime US port complex receded yet another week yesterday, as the port authorities of Los Angeles and Long Beach deferred a decision until 27 December. However, the port of LA raised the spectre of charges for ...
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