Description: The West Coast port deadlock has dragged on for months — meanwhile, the goods that travel through the 29 ports that handle half of our maritime trade have been stuck in dock. Rotten apples, missing car parts and even Nike sneakers are among the items unable to leave, or enter, the United States. Cristina Alesci breaks what is sitting on those barges — and how much it’s costing us.
Source: CNNMoney.com – video report
Date: Feb 18, 2015
Questions for Discussions:
- How is the West Coast port shutdown affecting US business?
- What alternatives are there for importers and exporters?