Port of Los Angeles Sees Traffic Plummet in September

Gene Seroka discusses the impact of labor negotiations on cargo movement, highlighting a 20% decrease due to shifts to the East and Gulf Coast. He explains the complexity of reaching a labor deal and its business implications. The economic slowdown's effect on consumer spending is analyzed, alongside transportation issues like diesel shortages and potential rail strikes. The Mississippi River's low water levels add to supply chain challenges. Inflation is attributed to supply bottlenecks, trade policies, and consumer demand, emphasizing the need for efficient cargo movement.

What factors contributed to the 20% decrease in cargo movement over the last two months?

How has the protracted labor negotiation affected cargo movement to the East and Gulf Coast?

What challenges are faced in collective bargaining for labor agreements in the U.S.?

What is the current state of consumer spending and how does it relate to the economic slowdown?

What are the implications of the diesel shortage on transportation and supply chains?

How does the situation in the Mississippi River affect transportation and supply chains across the U.S.?

In what ways has inflation been influenced by supply chain bottlenecks and trade policies?