S3-E7 West Coast Port “Quake” Sets Off Economic Tsunami

December 23rd at 1PM EST – The ILWU contract expired on July 1, 2014, and once again the West Coast port container offloads and onloads have been crippled during contentious union negotiations in the face of near-record imports and exports during the accelerating economic recovery. Hundreds of millions of dollars in losses have already occurred in agricultural exports, retail imports that will have to be dumped at fire sales after Christmas, manufacturing productivity losses from just-in-time raw material delays, and future losses from overseas buyers who will source products elsewhere in 2015 and beyond. Listen to our December 23rd show LIVE at 1PM EST as we talk about this prickly situation. Learn more about your ad choices. Visit megaphone.fm/adchoices