THE BANKRUPTCY OF A MAJOR SHIPPING COMPANY IS EXPECTED HAVE A NEGATIVE IMPACT HERE IN THE SOUTH LAND. SOME CARGO CONTAINERS ARE NOT BEING ALLOWED TO UNLOAD. THEY WERE LIVE IN LONG BEACH. OFFICIALS HELD A NEWS CONFERENCE THEY HELD THAT NEWS CONFERENCE TO DISCUSS THE BANKRUPTCY THERE WERE CONGRESSIONAL LEADERS UNION REPRESENTATIVES AND ALSO AMBER’S OF THE OBAMA ADMINISTRATION ALL CONCERNED BY WHAT THEY ARE SEEN HERE. THE TERMINAL IS A GHOST TOWN. ORDINARILY AT THIS HOUR BETWEEN TWO AND THREE HUNDRED PEOPLE WOULD BE WORKING AND SAID THE GATES ARE LOCKED IN HERE IS WHY TAKE A LOOK THIS IS ONE OF THREE SHIPS OFF OF THE COAST TONIGHT UNABLE TO DOCK CONGRESSIONAL LEADERS ARE BLAMING THE BANKRUPTCY SAYING SOME TERMINALS AROUND THE WORLD AREN’T LETTING THE SHIPS IN AFRAID THEY WILL GET STUCK WITH THE BILL. FEARING THEIR CARGO COULD BE SEIZED BY CREDITORS. THE SOUTH KOREAN COMPANY IS ONE OF THE LARGEST CONTAINER COMPANIES IN THE WORLD AND FILED FOR BANKRUPTCY ABROAD AND HERE IN THE U.S. THE HOPE IS AS EARLY AS TUESDAY BANKRUPTCY COURT IN NEW JERSEY THEY WILL CLEAR THE WAY FOR SHIPS TO PULL INTO LONG BEACH. THEY ALSO WANT THE SECRETARY OF CONGRESS TO INTERVENE TO MAKE SURE THAT THEY GET TO PORT AND PEOPLE GET BACK TO WORK. WE WANT TO MAKE SURE THAT AMERICAN WORKERS AND AMERICAN CONSUMERS AND THE OWNERS OF THE GOODS ARE NOT GOING TO PAY AN UNDUE COST FOR MISTAKES THAT WERE MY -DASH MADE THOUSANDS OF MILES AWAY. EVERYBODY IS WORKING TOGETHER. BELIEVE ME THAT A BUSINESS AND LABOR LOCKSTEP ON THE LOCK STEP ON THE ISSUE OF MOVING THE CARGO. NOW ACCORDING TO THE FEDS THEY TRANSFER ABOUT 8% OF GOODS FROM ASIA TO THE WEST COAST. THAT IS WHY SOME RETAILERS ARE ALREADY WORKING ON CONTINGENCY PLANS WERE.