Uncertainty caused by almost eight months without a labor contract on the U.S. West Coast is resulting in investment decisions that could alter supply chains and end up costing the ocean carriers customers, according to a shipper lobbyist.
“We’re seeing some investments being made at East and Gulf Coast ports due to one factor — the uncertainty of what’s going to happen” with [West Coast labor],” said Peter Friedmann, executive director of the Agriculture Transportation Coalition (AgTC).
Speaking...