From Bad to Worse With No End in Sight

Things on the West Coast Ports are going from bad to worse (for those who missed it read “Catastrophic Shutdown Of America’s Supply Chain” Begins: Stunning Photos Of West Coast Port Congestion), and with no resolution in sight, it is now beginning to cripple the US economy. Here is a brief summary, courtesy of the WSJ, of how the near-strike is already impacting various businesses across the US: Ocean carrier Maersk Line has canceled some sailings, while China Ocean Shipping (Group) Co. said it will skip at least one port Shipping line CMA CGM Group said it has “adapted its … Continue reading From Bad to Worse With No End in Sight