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Longshore strike spreads in LA/Long Beach

Markets

Thursday, November 29, 2012

A strike by longshoremen crippled the ports of Los Angeles and Long Beach on Wednesday, spreading from one to 10 terminals in the two ports. Phillip Sanfield, a spokesman for the Port of Los Angeles, said the Maritime Exchange of Southern California reported there were 23 vessels in the port, including 17 at berth and six at anchor. According to the American Association of Port Authorities, the two ports handled just over 14 million TEU of cargo in 2011. &nb...

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