West Coast Update - Update 2

Liberty International continues to work with our vendor partners to provide our clients with updates on the OCU / ILWU labor action on the West Coast. Negotiations that continued through the weekend have not shown positive progress. Despite the continued difficulties, political involvement is not expected at this time. For cargo routing into the ports of Long Beach and Los Angeles, an additional 2 days can be added to delays already reported. OCU employees remain unified in their efforts. Talks between both parties are scheduled to resume today at 10:00am PST.

Carriers continue to review vessel schedules and discuss options to reroute cargo or slow steam vessels at sea to delay their arrival into these West Coast ports, hoping for a resolution.

Liberty will continue to provide you with updates as more information becomes available.