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Retailers and shippers are anxious as West Coast port operators and the ILWU begin bargaining over a contract expiring June 30. The National Retail Federation urged talks to start immediately to avoid worsening congestion.
Automation and pay are the main sticking points.
A contentious labor dispute could further snarl West Coast port logistics, raising ocean freight costs and delaying agricultural and feed-ingredient exports later in the year.
freightwaves.comEric KulischFeb 25, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
