Cargo Moving Away from Congested West Coast?
Could Take Six Months to Return to Normal Levels after Dispute
A nine-month standoff that resulted in significant slowdowns at West Coast ports in California allowed companies to test the waters and explore new routes to the U.S. Even though the labor dispute may be over, The Wall Street Journal reports that it will take some time for port activity to return to normal levels.
In addition, the expansion of the Panama Canal, due for completion next year, could divert more business to the East Coast, further complicating cargo routes. Will this bode well for the future of onshoring? You can read the full story at the WSJ.