Cargo Collapse Warns Of Tough Times

Open Left  • Mar 21, 2009

My apartment looks out on the Port of LA/Port of Long Beach complex, the largest container port in North America.  In fact, roughly 45% of all containers entering the US come through these two ports.  As a consequence, the economic slowdown in our economy is directly reflected in the traffic speed-up on the local freeway, I-710, as well as lowered air pollution levels. The loss of work for longshore workers, as well as others connected to the shipping industry-truckers, warehouse workers, etc.-is taking its toll on the wider economy as well.  The latest issue of Random… Full Story »

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