Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Economy

Showing Original Post only (View all)

elleng

(140,241 posts)
Sun Jul 17, 2022, 02:04 PM Jul 2022

Over $31 billion in trade is rail-landlocked or stuck at anchor off U.S. coasts. [View all]

KEY POINTS
$1.5 billion in trade is landlocked at the Ports of Long Beach and Los Angeles waiting for rail service.

Rail dwell in San Pedro Bay is over 11 days, almost four times what it was in January 2022, and a labor dispute between rails and unions led the Biden administration to establish an emergency board on Friday to head off the potential for a strike.

Roughly $30 billion in trade is on vessels anchored off the East Coast and West Coast, and the situation in Europe is similar.>>>

https://www.cnbc.com/2022/07/15/31-billion-in-trade-is-rail-landlocked-or-stuck-off-us-coasts.html?

1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Latest Discussions»Issue Forums»Economy»Over $31 billion in trade...»Reply #0