LA Port Striking Costing US $1 Billion a Day
A strike hobbling the nation’s largest port complex, affecting an estimated $1 billion of cargo a day, has halted paychecks for thousands of Southern California logistics workers before the holidays.
The walkout by clerical employees at the ports of Los Angeles-Long Beach has idled thousands of workers without pay, including almost 8,000 truckers, according to Robert Curry, president of California Cartage Co., one the largest freight handlers there.
Source: Bloomberg. Read full article. (link)
Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment for any reason at any time.