US West Coast ports gained market share in August after labor deal -report

STORY CONTINUES BELOW THESE SALTWIRE VIDEOSBy Lisa Baertlein

For more than a year, as worker labor talks dragged on, West Coast ports lost market share. Worried shippers diverted containers filled with everything from furniture to food to ports on the East Coast and Gulf of Mexico. August market share for the biggest West Coast ports rose 3.6% from July to 41.9%, while the top ports on the East and Gulf Coasts fell 3.3% to 43.1%.

The Port of Los Angeles, historically the nation's busiest, handled 47,095 more TEU in August than July, an increase of 12.9%. The adjacent Port of Long Beach gained 12.1%, after adding 35,996 TEU.

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US West Coast ports gained market share in August after labor deal -reportU.S. West Coast ports, which reached a labor deal with their workers this summer, gained market share in August from the previous month, while their main rivals on the East Coast lost ground, Descartes Systems Group said on Monday. For more than a year, as worker labor talks dragged on, West Coast ports lost market share. Worried shippers diverted containers filled with everything from furniture to food to ports on the East Coast and Gulf of Mexico.
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