No, I expect ships to take things from Hawaii to LA to Frisco, Seattle, San Diego, Anchorage, etc. I also expect ships to take things from Puerto Rico to Miami to Norfolk, Houston, New York, Boston, Portsmouth, etc. As it stands a ship comes into LA and disgorges it's entire cargo and departs to a foreign port to reload again even if the original load it's going to Frisco it gets unloaded and goes by truck or rail. It's much more economical if the ship can take on cargo headed toward Frisco and the ship makes a second or third stop; all the time shifting cargo from A to B, A & B to C, and so on. You see, Hawaii isn't big enough for large ships to dock there before heading back so they come to LA and another ship, a US ship, takes cargo from LA to Hawaii, because that's efficient, not. Feel free to substitute Puerto Rico on the Atlantic.
Sure, it isn't suitable for overnight delivery but my UPS ground shipment that was sent from North Carolina, coming to the LA basin, was sent on the 19th of this month and scheduled delivery is currently the 31st. Not exactly a lot slower and consider the Teamsters also drive other trucks that deliver dry goods and myriad other things other than pseudo-mail. Besides time constrained delivery largely goes by air. A hot-shot delivery by truck is far more expensive than any overnight air package although not if your talking an Antonov Mriya - that's expensive.
As to efficiency, there is no question that a truck which carries 2 TEU at ~ 5 to 7 mpg is less efficient than a train. A train is also far less efficient than a ship as a train that carries the 15,000+ TEU of cargo a ship can would be on the order of 30+ miles long and would burn far more fuel. Got well over a half hour to wait at a rail crossing? Neither does anyone else. You might get 1/6 to 1/10 of that on a train but that's pushing the limits of reality.
At present, trucks make up about 20% of all traffic and more in fly-over country. They also contribute a disproportionate amount of wear and tear to the road bed and to air pollution. In the end it isn't about going the long way around, it's about using the best tool and taking the best routes. Semi-trucks are the equivalent of everyone driving an SUV solo to work where cargo ships are closer to commuting by the metro. It isn't the fastest but it isn't like anyone's socks, toilet paper, gearmotors, etc. are going to go stale on the way through the Panama Canal.
In short, repealing the Jones Act wouldn't harm UPS but it might kill shippers like J.B. Hunt, et al. and open up the rail system to commuter traffic but that's about it. Well, it might turn Puerto Rico into the Hong Kong of the Atlantic and Hawaii could give Hong Kong a run. You know what? I'm Ok with that because Hawaiians and Puerto Ricans are good people and it's all good if they can profit by easing my commute and reducing the prices of things I buy.