13 February 2015

Even if the West Coast port labor dispute is settled in the next few days, lingering delays at the port, caused by the backlog of cargo, will likely start showing up on company balance sheets this spring, according to Kurt Salmon’s Frank Layo, a retail strategist in Atlanta. “It’s going to be a protracted costly slowdown,” Layo said. “I would expect in March and April you’re going to start to see the effect of these costs on margins and earnings.”

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