The US federal government needs to invest more in West Coast ports, said the head of Port of Los Angeles, which is the nation's biggest gateway to Asia and is grappling with record backlogs.
The government has invested about USD 11 billion in the eastern Gulf coast compared with roughly USD 1 billion in the West Coast over the past decade, Gene Seroka said in a Bloomberg Television interview with Ed Ludlow, Alix Steel and Guy Johnson on Monday.
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