Trans-Pacific container rates from Asia to the U.S. that have doubled from a year ago to approximately $5,000 per box demonstrate an urgent need to pass President Joe Biden’s infrastructure package, according to a top West Coast port official.
Testifying on Thursday before a subcommittee of the House Ways & Means Committee — which is responsible for figuring out how to pay for the massive $2.3 trillion proposal — Port of Long Beach Executive Director Mario Cordero told lawmakers that a lack of...
https://s29755.pcdn.co/news/west-coast-port-crisis-caught-in-infrastructure-debate