🚢 ILA Port Strikes - With ongoing labor negotiations, East and Gulf Coast ports could face closures in early 2025. If an agreement isn’t reached, expect increased congestion, delays, and higher costs.💡Rinchem Prep Tips 👉 https://bit.ly/4fdPLm7 #SupplyChain #ChemicalLogistics #ILAPortStrike
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The Looming Strike at East and Gulf Coast Ports The landscape of East and Gulf Coast ports is about to witness a significant shift, as highlighted in this insightful article from M.E. Dey & Co.. As we brace ourselves for potential disruptions, stakeholders must stay informed and strategize accordingly. Read more here: https://lnkd.in/gxSEFbbJ #supplychain #import #export #globalbusiness
The Looming Strike at East and Gulf Coast Ports
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Impending labor contract expiration between #ILA and #USMX raises concerns for East and Gulf Coast ports. Stalled negotiations and strike threats unsettle NRF and analysts, who note parallels with past West Coast disputes. ILA's firm stance against automation and diverse cargo sources set it apart. Retailers may adjust, but West Coast ports could benefit if negotiations worsen. Post-pandemic challenges bolster ILA's leverage, potentially impacting maritime operations and supply chains. Read more below. #digitalauction #4PL #eastcoast #portstrike #logistics #oceanfreight https://lnkd.in/ecqrUZmn
Threat of Strike Looms over East, Gulf Coast Ports (FreightWaves) — VentureSource Lead Logistics
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Shippers, are you prepared for a potential East and Gulf Coast port shutdown? With negotiations at a standstill and the White House opting not to intervene, now is the time to plan alternative logistics solutions. Learn more in our latest blog. #ILANegotiations #PortStrike #ContingencyPlanning
ILA Port Strike Looms
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🚨 Important Update: Potential Port Disruptions and Cargo Surge 🚨 Attention all partners and clients: As we approach October 1st, the possibility of a strike by longshoremen could significantly impact operations at East Coast and Gulf ports. This potential disruption may lead to substantial delays and congestion, affecting over 40% of the nation’s containerized cargo. Stay informed and prepare by reading our latest blog post. We are keeping a close eye on the situation and will keep you posted as events develop. 🔗 Read the full article in English: https://lnkd.in/eba5Gzqr 🔗 Leggi l'articolo completo in italiano: https://lnkd.in/e-ERDgtA 🔗 Lee el artículo completo en español: https://lnkd.in/ec5AJcmS Make sure to follow us so that we can navigate this challenge together. #Aprile #Logistics #SupplyChain #FreightForwarding #PortDisruptions #CargoSurge #GlobalShipping
Preparing for Potential Port Disruptions - Aprile SpA
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The recent port strike on the U.S. East and Gulf Coasts caused significant disruptions, despite being resolved quickly. While a tentative agreement was reached between the International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance, the strike left a ripple effect of delays that will impact supply chains through early 2025. Over 40 vessels remain anchored, awaiting clearance to unload billions of dollars in cargo. Additionally, more than 120 ships are en route to affected ports, compounding the backlog . While operations have resumed, the underlying labor tensions remain unresolved. A critical sticking point in future negotiations involves port automation. Both sides have agreed to extend the Master Contract until January 2025 to continue discussions, but without a clear resolution on automation, further disruptions are likely. These delays pose risks for industries reliant on time-sensitive imports, such as agriculture and pharmaceuticals . The strike also highlighted the vulnerability of U.S. supply chains, as congestion at East Coast ports could prompt carriers to divert traffic back to West Coast ports. This uncertainty in labor relations underscores the need for strategic planning to manage future disruptions, ensuring businesses remain resilient in an unpredictable logistics environment
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🚢 The East & Gulf Coast port strike is sure to affect the #supplychain, but there are strategies you can deploy to allow your business to stay ahead of the game. Discover how to minimize delays, manage costs, and keep operations running smoothly. Learn more how on how to prevent this disruption from slowing you down: https://bit.ly/3Bs91xr
The 2024 U.S. Port Strike: How it will impact your business and the flow of goods.
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Free to view: The strike that shuttered US east and Gulf coast ports is over, at least for now, but that does not mean it has not had an impact. As returning workers unload the vessels that are already waiting, more ships will continue to arrive from Asia, Europe and Latin America, replenishing the queues, meaning it will take time for the jam to clear. There were 60 fully cellular containerships with total capacity of 363,620 teu waiting off east and Gulf coast ports on Thursday afternoon (including those at anchor or loitering at under five knots), according to ship-position data from Lloyd's List Intelligence. The average capacity of ships in the queues is 6,060 teu; nine waiting vessels have capacity of over 13,000 teu. MSC has the most ships in the backlog, with 13. Maersk has nine waiting and Zim has four. Meanwhile, there is a high volume of inbound capacity en route to east and Gulf coast ports. More than 75 containerships are inbound on the Atlantic side, including those coming across from Europe, through the Caribbean from Panama, and via the Cape of Good Hope. In addition, there are also least 40 containerships that have already loaded in Asia that are en route across the Pacific to the Panama Canal, most of which will head toward the US east and Gulf coast ports. Read more analysis from our US senior reporter Greg Miller ➡️ https://lnkd.in/ej_a_Acn
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The Sea-Intelligence analysis highlights the severe operational impacts of the US East Coast (USEC) strike, estimating over 60 vessels will queue weekly, with more than 400,000 TEU in capacity lost per week, affecting global freight rates. The analysis also discusses potential cargo re-routing options, like diverting vessels to Canada or the US West Coast, but emphasizes the limitations of these alternatives. The backlog could significantly strain the supply chain, increasing delays and costs across major shipping routes. For full details, refer to the Sea-Intelligence article: https://lnkd.in/gFG_-tua
Operational impact of USEC strike
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Breaking News: Port Strike Looms: U.S. Supply Chains Brace for Impact Trouble's brewing on the docks. The International Longshoremen's Association (ILA) is gearing up for a possible strike, sending shockwaves through the supply chain. With the US ports facing a potential shutdown tensions are indeed rising. Source: https://lnkd.in/d88dnQzT #supplychain #immensitylogisticsllc #logistics #logisticsindustry #freightindustry #breakingnews #freightalert #transportation #supplychainmanagement
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With just under two weeks until a potential strike that could cripple East Coast and Gulf Coast operations, stakeholders are urgently sounding the alarm. The International Longshoremen’s Association has threatened a coastwide strike on October 1 if a new contract isn’t finalized. Business leaders are warning that even a brief shutdown could trigger devastating disruptions throughout the supply chain and the broader economy. #supplychain #SCM #OSCA #Setlog Check out this article:
‘One day is too long’: Businesses fret over potential port shutdown
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