LA Port Striking Costing US $1 Billion a Day

A strike hobbling the nation's largest port complex, affecting an estimated $1 billion of cargo a day, has halted paychecks for thousands of Southern California logistics workers before the holidays.

The walkout by clerical employees at the ports of Los Angeles-Long Beach has idled thousands of workers without pay, including almost 8,000 truckers, according to Robert Curry, president of California Cartage Co., one the largest freight handlers there.

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