Nearly US$2 trillion a year is the national economic value of the US West Coast ports, but in the long run, their growth is threatened.
According to a new study by maritime economist John Martin, PhD., congestion in Southern California due to high container volumes, combined with the increasing capacity at East Coast and Gulf ports, has accelerated the diversion of Asian cargo away from the West Coast, which threatens to weaken it financially in the long run.
Two new reports by Martin Associates...
https://container-news.com/congestion-in-us-west-coast-ports-threatens-long-term-growth/