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About predictions based on the improved supply chain fixing inflation

WABACWABAC
in Other Investing
Labor trouble on the West Coast ports needs to be considered.

At the moment, the ILWU's strategy appears to be targeted slow downs.

https://www.cnbc.com/2023/06/09/5-billion-in-cargo-stuck-off-west-coast-ports-in-truck-container-jam.html

Comments

  • WABACWABAC
    edited June 2023
    Kind of a guess here based on past experience, but, trade on the West Coast generally involves traffic to LA/LB first because it is a day closer to the rest of the US. Trade from SEATAC last because it is a day closer to Asia. Seems to me like the ILWU has switched emphasis pretty much in line with coastwise transit times.

    Oh yeah. What am I talking about? Latest reports are that SEATAC has been shut down.

  • AnnaAnna
    By SEATAC, do you mean Port of Seattle?
  • Observant1
    Cargo operations were shut down yesterday at the Port of Seattle.
    Link
  • WABACWABAC
    edited June 2023
    Anna said:

    By SEATAC, do you mean Port of Seattle?

    Doh!

    Sorry, yes I do. SEATAC is the airport of course.

    Port of Tacoma is also affected by the labor action.
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