If the ban takes effect, US exporters of these commodities will lose access to the destination they shipped 77.8 percent of their products last year.
Clean-air update would result in estimated $7 billion to $14 billion in extra costs in Los Angeles-Long Beach while expanding even further the ports' leading emissions reductions among US ports.
The congestion appears to be worsening.
“The trade is doing much better than previously thought to be the case.”
Trade disputes are driving US exporters of dried distillers grains (DDGs) to overhaul their supply chains.
XPO Logistics expects a healthy increase in revenue in the second quarter from the first quarter and a year ago, as freight demand in the US picks up.
Air freight soared by 18 percent.
The Swiss global logistics group said the acquisitions have added more than 150,000 tons to its global perishables network.
The service will link Northern Europe, the US East Coast, Central America, the Pacific islands, Australia, New Zealand, Peru, and the Caribbean on a weekly basis.
The shuttering of many plants for three weeks and more, opposed to the traditional break of one or two weeks, bodes poorly for the country’s third-largest export and its second-largest import.