On Friday’s broadcast of CNBC’s “Squawk on the Street,” acting Labor Secretary Julie Su responded to International Longshoremen’s Association President Harold Daggett’s threat to “cripple” the economy by stating that “anyone who’s been a part of these things knows that
On Friday’s “CNN Newsroom,” White House National Economic Adviser Lael Brainard responded to a question on if International Longshoremen’s Association President Harold Daggett’s large salary came up during negotiations over the port strike where higher wages were demanded by stating
On Monday’s broadcast of CNBC’s “Squawk Box,” Commerce Secretary Gina Raimondo — who was appearing in her personal capacity as a surrogate for the Harris campaign — stated that she has “not been very focused on” where a potential port
The Australian government said it was responding to a “significant cyber security incident” affecting several ports that could last a multiple days.
The Council on Foreign Relations (CFR) released a report this week that found China has become a leading power in operating seaports across the globe, as well as “the world’s largest trading country and second-largest economy.”
Former President Donald J. Trump unveiled his plans to prevent Chinese companies from buying up critical components, or “the crown jewels,” of the American economy in his latest campaign platform video released Wednesday
Northeast China’s Dalian city documented 52 new coronavirus cases on Thursday — more than double the number of such infections detected a day earlier — prompting the coastal tourist hub and major port to “limit outbound travel, cut offline school classes, and close a few cultural venues,” Reuters reported Friday.
On Monday’s broadcast of the Fox Business Network’s “Mornings with Maria,” Texas Gov. Greg Abbott (R) urged ships stuck in the backlog off the coast of California to come to Texas and said they could come and unload in Texas
Shipping costs are surging around the globe, causing the price of sending a container from Asia to the West Coast to increase many times over.
Jen Psaki was asked by a New York Times reporter about the shipping delays for products like dishwashers, furniture, and treadmills and why Biden waited to address to known issues.
Even when containers get offloaded from ships, they often sit in the dockyard for twice as long as usual.
President Joe Biden warned private companies Wednesday they were not doing enough to help alleviate clogged ship traffic and port delays.
Jen Psaki repeatedly posited that the government would work to solve supply chain issues, especially at American ports where ships are forced to wait offshore before they can get unloaded.
The president will meet at the White House with the executive directors of the ports of Los Angeles and Long Beach as well as representatives from Walmart, UPS, FedEx, Target and Samsung.
South Carolina Ports Authority President and CEO Jim Newsome on Monday sounded off on the issues with jammed supply chains at ports around the United States.
President Joe Biden is still struggling to meet the immediate challenge of clogged sea ports, as American consumers face major shortages ahead of the Christmas holiday season.
A Chinese company may take over the current owner of the biggest U.S. container port in Long Beach, despite President Donald Trump’s threat to slap a 25 percent tariff on $50 billion worth of China’s tech exports.
Two of the nation’s busiest ports, Los Angeles and Long Beach, released a $14 Billion “zero-emissions’ plan Wednesday that could include a regional cap-and-trade system.
Despite a continuing backlog of freight following the nine months of bitter labor strife between the Pacific Maritime Association and members of the International Longshore and Warehouse Union(ILWU), who settled their disputes two months ago, the International Brotherhood of Teamsters has started a
Florida Governor Rick Scott flew into Southern California and spent Sunday and Monday trying to lure away shipping and logistics companies from the Ports of Los Angeles, Long Beach and San Diego. When Governor Brown was asked by reporters at
In what was received as a pleasant surprise by the European Union, Greece made its first 460 million euro payment to the IMF this week. The Mediterranean country continues to struggle with generating enough revenue to pay off their multi-billion-dollar debt, and one major international player looking to capitalize on their need for business is China.
As West Coast union dockworkers celebrate a tentative agreement for a five-year contract featuring even higher wages and benefits than the current $1,200-per-day, shipping companies intend to introduce new mega-container-ships and port handling equipment that will help automate away many union jobs.
With the West Coast ports labor dispute involving 13,600 unionized dockworkers inflicting pain on 318 million Americans by causing billions of dollars a day in losses to the U.S. economy settling yesterday, now 30,000 unionized refinery workers across America intend to play the same leverage game by cutting off two-thirds of all U.S. diesel and gasoline supplies.
