Now in its second week, there is no end in sight for the strike at the largest and busiest container port in the United States, though both sides have agreed to sit down with Federal mediators.
FOX News Radio’s Jessica Rosenthal reports from Los Angeles:
A little over $1 billion worth of cargo goes through the Ports of L.A. and Long Beach each day. International trade economist Jock O’Connell says a precise impact in dollar amounts cannot be calculated just yet, but…
(O’Connell) “As we move forward without a resolution to this thing, this will be almost a catastrophic event I’d say for the supply chain system – operating globally, but entering through the Ports of L.A. and Long Beach.”
Impacting retailers, warehouse workers, shippers and shoppers. The Longshore Union’s clerical workers walked off the job last week. They say employers are having their jobs done by workers overseas. However, employers deny this.
In L.A., Jessica Rosenthal, FOX News Radio.
WATCH more on the strike at the Ports of Los Angeles and Long Beach: