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July 3, 2023

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10 Journal of Commerce | J uly 3, 2023 www.joc.com Cover Story Showing cracks A RECENT INTERVIEW with the head of the Port of Los Angeles spelled out the depth of the challenge ahead for the US West Coast ports even after a tentative longshore labor agreement was reached, and it plays like an advertisement for US East and Gulf coast gateways. "There are three things that importers and exporters tell me every day," Executive Director Gene Seroka told CNBC. "You're too expensive, you have very unique labor issues and you are over-regulated. "What's happened is you've seen big-time investment [on the East and Gulf coasts], they've hired switched-on leadership, and they have been nipping at our heels for the better part of 20 years, and this is the result you see," he added. Cargo may not return to US West Coast despite tentative ILWU deal By Bill Mongelluzzo and Peter Tirschwell

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