CNBC
June 6, 2023
Lori Ann LaRocco
Berkshire Hathaway subsidiary BNSF and Union Pacific are the railroads servicing the West Coast ports. BNSF has not responded to a request for comment.
“This is the ripple effect we are concerned about,” said Paul Brashier, vice president of drayage and intermodal at ITS Logistics. “U.S. exports of protein and other products will start to back up in the inland ports. This will deteriorate rail productivity as a result of the growing container congestion.”
Negotiations between the ILWU longshoremen union and the Pacific Maritime Association (PMA) continue to go on as scheduled this week, CNBC has learned. The subject of wages is still being hammered out. The talks are under the cloud of slow port productivity. The ILWU and PMA are not commenting, citing a media blackout.
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