U.S. West Coast Port Dispute Forces Shippers To Find Alternatives
NPRU.S. West Coast Port Dispute Forces Shippers To Find Alternatives Enlarge this image toggle caption Jae C. Hong/AP Jae C. Hong/AP The global shipping industry is a ferociously competitive business, and the trans-Pacific route — from Asia to the West Coast seaports of the U.S. — is considered one of the most lucrative routes. Sponsor Message "Ships are just stuck doing nothing; they're just losing money and at the same time schedules are going to pot," says Janet Porter, an editor with Lloyd's List, a shipping industry news provider. Stephen Brown, the president of the Chamber of Shipping of B.C., says shipping companies already began diverting to ports in western Canada in May when negotiations between West Coast dockworkers and ship owners first began. Sponsor Message Brown says the U.S. East Coast ports are very busy with ships coming in from Asia via the Suez Canal.
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