Registration takes less than 1 minute.
Businesses large and small and across many sectors share their views on the massive West Coast port cargo delays.
Top executives described initiatives to improve flow of cargo off docks at the nation's two largest ports during the TPM conference in Long Beach.
Maersk Line CEO Soren Skou told American Shipper container lines need to adapt to permanent overcapacity, and cited Maersk's network management as the primary driver of bumper profits in recent years.
The German ocean carrier said its financial results were impacted by costs from merger with Chilean liner CSAV.
ConAgra and Lululemon said they expect shipment delays for several more months as a result of West Coast port congestion.
The new container service will connect ports in China, Taiwan and South Korea with Mexico, Colombia, Peru and Chile.