"It's not going to be fast," Jon Slangerup, chief executive officer of the Port of Long Beach, told CNBC television. Port officials have informed retailers it will take 45 to 60 days to clear out the backlog, said Jonathan Gold, vice president of supply chain and customs policy at the National Retail Federation trade group. ConAgra Foods Inc (CAG.N), which has seen delays in export shipments of its Lamb Weston frozen potato products, Swiss Miss cocoa drink mixes, and ACT II popcorn, was bracing for congestion "to continue as the ports return to normal operations," spokeswoman Shelby Stoolman said in an email. Lowe’s Companies Inc (LOW.N) uses most of the cargo gateways in the United States and plans to continue contingency routes "until we feel the congestion has eased on the West Coast," spokesman Steve Salazar said in an email.
via Business News http://ift.tt/17O9INI
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