With the possibility of a strike at East and Gulf Coast ports growing more imminent, we are closely watching how this situation may unfold. The International Longshoremen’s Association (ILA) has expressed unanimous support for a strike if no agreement is reached by the Sept. 30 deadline. With ports along the East and Gulf Coasts responsible for 43% of all U.S. imports, the impact of a work stoppage would be massive, particularly as we approach the holiday season—a crucial time for retailers, manufacturers and agriculture. We are deeply concerned about the disruption this would cause to supply chains nationwide. A strike could result in severe delays, economic losses and increased costs across every industry that relies on these ports. Our members—third-party logistics providers—are already stepping up to find alternative solutions, from increasing trucking capacity to rerouting shipments, but the challenges are real. We urge all parties involved to return to the bargaining table and work toward a resolution that keeps goods flowing. At TIA, we are committed to supporting our members and ensuring that the supply chain remains resilient in the face of these potential disruptions. https://lnkd.in/epv-bW-E #SupplyChain #Logistics #TIA #PortStrike
Anne Reinke’s Post
More Relevant Posts
-
It’s like déjà vu. Remember all the problems with West Coast ports when contracts expired last year? Now it’s time for contracts to expire at East and Gulf Coast ports, which has the potential for a strike looming once again. The International Longshoremen’s Association (ILA) is demanding wage increases, and dockworkers are prepared to strike if no agreement is reached by September, when their current contract expires. This could have a significant impact on the economy since it would disrupt cargo shipments during the peak shipping season. #thefreightarchitects #jaguarfreight #logistics
Threat of strike looms large over East, Gulf Coast ports
freightwaves.com
To view or add a comment, sign in
-
It’s like déjà vu. Remember all the problems with West Coast ports when contracts expired last year? Now it’s time for contracts to expire at East and Gulf Coast ports, which has the potential for a strike looming once again. The International Longshoremen’s Association (ILA) is demanding wage increases, and dockworkers are prepared to strike if no agreement is reached by September, when their current contract expires. This could have a significant impact on the economy since it would disrupt cargo shipments during the peak shipping season. #thefreightarchitects #jaguarfreight #logistics
Threat of strike looms large over East, Gulf Coast ports
freightwaves.com
To view or add a comment, sign in
-
It’s like déjà vu. Remember all the problems with West Coast ports when contracts expired last year? Now it’s time for contracts to expire at East and Gulf Coast ports, which has the potential for a strike looming once again. The International Longshoremen’s Association (ILA) is demanding wage increases, and dockworkers are prepared to strike if no agreement is reached by September, when their current contract expires. This could have a significant impact on the economy since it would disrupt cargo shipments during the peak shipping season. #thefreightarchitects #jaguarfreight #logistics
Threat of strike looms large over East, Gulf Coast ports
freightwaves.com
To view or add a comment, sign in
-
It’s like déjà vu. Remember all the problems with West Coast ports when contracts expired last year? Now it’s time for contracts to expire at East and Gulf Coast ports, which has the potential for a strike looming once again. The International Longshoremen’s Association (ILA) is demanding wage increases, and dockworkers are prepared to strike if no agreement is reached by September, when their current contract expires. This could have a significant impact on the economy since it would disrupt cargo shipments during the peak shipping season. #thefreightarchitects #jaguarfreight #logistics
Threat of strike looms large over East, Gulf Coast ports
freightwaves.com
To view or add a comment, sign in
-
🚨 Are You Prepared for the US East & Gulf Coast Port Strike? 🚨 With labor talks between the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) still unresolved, a potential strike could disrupt operations across 36 U.S. ports as early as October 1. These ports are responsible for handling 𝟒𝟑% 𝐨𝐟 𝐚𝐥𝐥 𝐔.𝐒. 𝐢𝐦𝐩𝐨𝐫𝐭𝐬, including critical locations like Charleston, Houston, and Miami. This could create a domino effect across the global supply chain, causing backlogs, equipment shortages, increased shipping costs, and an economic downturn. 𝗢𝘃𝗲𝗿𝘃𝗶𝗲𝘄 The strike stems from unresolved labor contract negotiations between the ILA and USMX as labor contracts ended in September 2024. Disagreements over labor wages, job protections, and concerns about automation are at the heart of the dispute. The ILA argues that inflation has severely impacted their wages, and they are demanding better compensation to keep up with rising living costs. Union leaders have criticized the current proposals, stating that USMX’s offer does not sufficiently address the economic pressures workers face, and they are firmly against the idea of automation replacing dockworkers. 𝗪𝗵𝗮𝘁’𝘀 𝗮𝘁 𝘀𝘁𝗮𝗸𝗲? The strike can cause massive disruptions at East and Gulf Coast ports, with repercussions across any industries dependent on U.S. shipping routes. A staggering $𝟮𝟬𝟬 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝗴𝗼𝗼𝗱𝘀 𝗮𝗻𝗱 𝗽𝗿𝗼𝗱𝘂𝗰𝗲 and over 𝟱𝟬𝟬,𝟬𝟬𝟬 𝗷𝗼𝗯𝘀 could be affected if an agreement is not reached. Meanwhile, companies are already rerouting shipping containers to West Coast ports over concerns about the strike. East and Gulf Coast ports handle around 600,000 TEUs (twenty-foot equivalent units) per week. Every day of the strike could cause 𝟱 𝘁𝗼 𝟭𝟬 𝗱𝗮𝘆𝘀 𝗼𝗳 𝗯𝗮𝗰𝗸𝗹𝗼𝗴, with some experts predicting it could take 𝘂𝗽 𝘁𝗼 𝟳𝟬 𝗱𝗮𝘆𝘀 to return to normal operations. This strike would hit sectors such as agriculture, chilled goods, and large-scale exports hard, leading to 𝘀𝗶𝗴𝗻𝗶𝗳𝗶𝗰𝗮𝗻𝘁 𝘀𝘂𝗽𝗽𝗹𝘆 𝗰𝗵𝗮𝗶𝗻 𝗱𝗶𝘀𝗿𝘂𝗽𝘁𝗶𝗼𝗻𝘀, 𝗲𝗾𝘂𝗶𝗽𝗺𝗲𝗻𝘁 𝘀𝗵𝗼𝗿𝘁𝗮𝗴𝗲𝘀, 𝗮𝗻𝗱 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝗱 𝘀𝗵𝗶𝗽𝗽𝗶𝗻𝗴 𝗰𝗼𝘀𝘁𝘀. Even if the strike is halted, this will affect the future state of the market. 𝗛𝗼𝘄 𝘁𝗼 𝗣𝗿𝗲𝗽𝗮𝗿𝗲 Navigating this disruption requires proactive supply chain management. Craft’s Supplier Risk Management platform empowers businesses with real-time visibility into supply chain risks, allowing you to 𝘀𝘁𝗮𝘆 𝗮𝗵𝗲𝗮𝗱 𝗼𝗳 𝘁𝗵𝗲 𝗱𝗶𝘀𝗿𝘂𝗽𝘁𝗶𝗼𝗻 and secure your operations. Contact us to quickly get started: https://lnkd.in/gMScTh8u #PortStrike #SupplyChain
To view or add a comment, sign in
-
It’s like déjà vu. Remember all the problems with West Coast ports when contracts expired last year? Now it’s time for contracts to expire at East and Gulf Coast ports, which has the potential for a strike looming once again. The International Longshoremen’s Association (ILA) is demanding wage increases, and dockworkers are prepared to strike if no agreement is reached by September, when their current contract expires. This could have a significant impact on the economy since it would disrupt cargo shipments during the peak shipping season. #thefreightarchitects #jaguarfreight #logistics
Threat of strike looms large over East, Gulf Coast ports
freightwaves.com
To view or add a comment, sign in
-
It’s like déjà vu. Remember all the problems with West Coast ports when contracts expired last year? Now it’s time for contracts to expire at East and Gulf Coast ports, which has the potential for a strike looming once again. The International Longshoremen’s Association (ILA) is demanding wage increases, and dockworkers are prepared to strike if no agreement is reached by September, when their current contract expires. This could have a significant impact on the economy since it would disrupt cargo shipments during the peak shipping season. #thefreightarchitects #jaguarfreight #logistics
Threat of strike looms large over East, Gulf Coast ports
freightwaves.com
To view or add a comment, sign in
-
It’s like déjà vu. Remember all the problems with West Coast ports when contracts expired last year? Now it’s time for contracts to expire at East and Gulf Coast ports, which has the potential for a strike looming once again. The International Longshoremen’s Association (ILA) is demanding wage increases, and dockworkers are prepared to strike if no agreement is reached by September, when their current contract expires. This could have a significant impact on the economy since it would disrupt cargo shipments during the peak shipping season. #thefreightarchitects #jaguarfreight #logistics
Threat of strike looms large over East, Gulf Coast ports
freightwaves.com
To view or add a comment, sign in
-
It’s like déjà vu. Remember all the problems with West Coast ports when contracts expired last year? Now it’s time for contracts to expire at East and Gulf Coast ports, which has the potential for a strike looming once again. The International Longshoremen’s Association (ILA) is demanding wage increases, and dockworkers are prepared to strike if no agreement is reached by September, when their current contract expires. This could have a significant impact on the economy since it would disrupt cargo shipments during the peak shipping season. #thefreightarchitects #jaguarfreight #logistics
Threat of strike looms large over East, Gulf Coast ports
freightwaves.com
To view or add a comment, sign in
-
It’s like déjà vu. Remember all the problems with West Coast ports when contracts expired last year? Now it’s time for contracts to expire at East and Gulf Coast ports, which has the potential for a strike looming once again. The International Longshoremen’s Association (ILA) is demanding wage increases, and dockworkers are prepared to strike if no agreement is reached by September, when their current contract expires. This could have a significant impact on the economy since it would disrupt cargo shipments during the peak shipping season. #thefreightarchitects #jaguarfreight #logistics
Threat of strike looms large over East, Gulf Coast ports
freightwaves.com
To view or add a comment, sign in