?? ???????? ?????? ???????? ?????????? ?????????? ???????????? ?? Beginning at ???????????????? ???? ?????????????? ??, dockworkers across dozens of ports will strike, as nearly 45,000 worker contracts will expire. This would be the first such strike in almost 50 years, and it could create delays and bottlenecks in the supply chain. JP Morgan estimates that a strike at the ports could ???????? ?????? ??.??. ?????????????? ???? ???? $??.?? ?????????????? ?????? ??????. While some of these losses might be recovered when operations resume, certain perishables - such as bananas and U.S. agricultural exports - could be lost permanently if delays persist. ?? ???? ?????? ??????????????: Please contact your dedicated account manager for more information about how this will affect your supply chain and what actions can be taken to divert shipments away from the impacted ports. #PortworkersStrike #EastCoastPortStrike #GulfCoastPortStrike #ILAStrike
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Dockworkers' Strike: What You Need to Know ?? Tensions rise as 25,000 dockworkers across 14 major East and Gulf Coast ports prepare for a potential strike, threatening global supply chains. Stalled talks on wages and automation mean businesses must brace for disruptions. ?? Why This Matters: Ports Affected: Key ports from Boston to Houston could face significant delays, impacting over half of containerized imports. Consequences: A one-day strike could cause major delays, especially for manufacturers using "just-in-time" inventory and agricultural exporters with tight schedules. ??? September Challenges: This month’s hurricane season, geopolitical tensions, and increased congestion have made logistics difficult. ?? Stay Ahead with Real-Time Solutions: Advanced tracking tools like Safecube offer real-time insights, including daily updated ETAs via API, helping businesses adapt to disruptions. In the picture, a container affected by the disruption, with its ETA already delayed beyond the initial schedule. (to follow its progress--> https://lnkd.in/e7KBtq2a) You can track any container with our solution (link in the comments) #ContainerTracking #PortStrike
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?? Breaking News: Dockworkers are on strike, halting operations across East and Gulf Coast ports! With 45,000 workers out, the economy could face $5 billion in daily losses and potential holiday shortages. Stay tuned for updates as this situation unfolds! ???? #DockworkersStrike #SupplyChain #EconomicImpact #HolidayShortages
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?? **East Coast Ports Disruption Alert** ?? The International Longshoremen’s Association (ILA) are anticipated to initiate a strike across several East Coast ports as their current contract is set to expire September 30th 2024, causing significant disruptions to the supply chain and impacting businesses nationwide. ?? Industries like retail, manufacturing, and agriculture are facing delays and increased costs as thousands of workers walk off the job. This strike highlights the need for a balanced resolution that respects workforce rights while ensuring logistics network stability. For companies navigating the impending strike, contingency planning is crucial. Whether rerouting shipments, increasing inventory levels, or proactive stakeholder communication, action is needed now. Do you have a backup plan if the strike occurs? Jillamy Inc. can assist in identifying possible workarounds during this period. #SupplyChain #Logistics #Ports #EastCoast #Strike #ILA #BusinessContinuity #Shipping
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A looming strike by 25,000 dockworkers at East and Gulf Coast ports, spanning from Boston to Houston, poses a critical threat to the U.S. supply chain, potentially severely impacting the agriculture industry. Chris Spear, the President and CEO of the American Trucking Associations (ATA), emphasizes the gravity of the situation, urging the Biden administration to take immediate steps to mediate between dockworkers and port operators to avert this disruption. He highlights that the strike’s timing could not be worse, as it coincides with the peak agricultural harvest season, leading to food supply shortages and rising costs. Spear warns that the strike would exacerbate supply chain bottlenecks without swift federal intervention and lead to widespread economic fallout across multiple sectors, including agriculture, manufacturing, retail, and energy. Such a strike would further strain logistics networks nationwide, worsening fragile supply chain dynamics. As Spear outlines, the broader concern is the potential for increased inflation, with critical goods and services delayed or unavailable. He advocates for proactive federal action to mitigate the economic shock that could ripple across industries, underscoring the urgency of a resolution before these risks materialize. The ATA, representing the trucking industry, is a key stakeholder in maintaining supply chain continuity and ensuring that goods, especially agricultural products, are moved efficiently through the nation's ports. In summary, the message calls for an immediate intervention from the Biden administration to prevent the disruption of essential goods, protect the agriculture industry, and avoid further strain on an already challenged U.S. supply chain. #SupplyChainCrisis #DockworkersStrike #USLogistics #AgricultureImpact #BidenAdministration #PortStrike #FreightDisruption #LogisticsChallenges #FoodSupplyChain #EconomicRamifications #TruckingIndustry #ManufacturingDisruption #RetailSupplyChain #EnergySectorImpact #FederalIntervention
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We all remember the supply chain crisis caused by the COVID-19 pandemic. Here is important information on a looming dockworkers' strike and what this could mean for the supply chain and economy.
A looming strike by 25,000 dockworkers at East and Gulf Coast ports, spanning from Boston to Houston, poses a critical threat to the U.S. supply chain, potentially severely impacting the agriculture industry. Chris Spear, the President and CEO of the American Trucking Associations (ATA), emphasizes the gravity of the situation, urging the Biden administration to take immediate steps to mediate between dockworkers and port operators to avert this disruption. He highlights that the strike’s timing could not be worse, as it coincides with the peak agricultural harvest season, leading to food supply shortages and rising costs. Spear warns that the strike would exacerbate supply chain bottlenecks without swift federal intervention and lead to widespread economic fallout across multiple sectors, including agriculture, manufacturing, retail, and energy. Such a strike would further strain logistics networks nationwide, worsening fragile supply chain dynamics. As Spear outlines, the broader concern is the potential for increased inflation, with critical goods and services delayed or unavailable. He advocates for proactive federal action to mitigate the economic shock that could ripple across industries, underscoring the urgency of a resolution before these risks materialize. The ATA, representing the trucking industry, is a key stakeholder in maintaining supply chain continuity and ensuring that goods, especially agricultural products, are moved efficiently through the nation's ports. In summary, the message calls for an immediate intervention from the Biden administration to prevent the disruption of essential goods, protect the agriculture industry, and avoid further strain on an already challenged U.S. supply chain. #SupplyChainCrisis #DockworkersStrike #USLogistics #AgricultureImpact #BidenAdministration #PortStrike #FreightDisruption #LogisticsChallenges #FoodSupplyChain #EconomicRamifications #TruckingIndustry #ManufacturingDisruption #RetailSupplyChain #EnergySectorImpact #FederalIntervention
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?? Looming Port Strike Threatens East Coast Supply Chains ?? A potential dockworkers' strike at East and Gulf Coast ports could disrupt shipping and supply chains, especially during the holiday season. Negotiations between the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) have stalled, raising the likelihood of a strike that could extend for several weeks. With 60% of U.S. shipping traffic at risk, a stoppage could lead to empty shelves and substantial losses for businesses. Experts warn that even a brief strike could result in long-lasting supply chain disruptions. Authorities are gearing up for the worst and urging both parties to reach a resolution. As we approach the October 1 deadline, it's crucial for businesses to remain vigilant and assess the potential impacts on their operations. We strongly encourage our customers to stock up on essential ingredients in anticipation of the strike. If you find yourself needing nuts, dried fruits, or seeds for spot orders, please reach out—we're here to assist you! #SupplyChain #PortStrike #Logistics
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Navigating the Tremors of an ILA Strike in U.S. Seaports ?? Next week could mark a significant shift for U.S. logistics and supply chain professionals. An impending strike by the International Longshoremen's Association (ILA) is poised to impact 10 major seaports across the Gulf and East Coast. These ports collectively handle 58.83% of all containerized cargo entering the country, making the stakes notably high. Reflecting on personal experience, I recall the 2002 West Coast ports shutdown which brought palpable disruptions to our operations. The delays in cargo shipments not only strained our supply lines but also pushed us to rethink our logistical strategies dramatically. It’s a scenario many in our field might find too familiar. Given the sizable share of affected cargo throughput, this could mean significant delays and a potential ripple effect across multiple sectors reliant on timely goods shipments. With the strike possibly overlapping with election timelines, its impact might extend beyond docks and warehouses to touch upon political and economic discussions nationwide. ?? How prepared is your business for such disruptions? What strategies do you implement to mitigate these risks? Let's use this potential challenge as a pivot point to share insights and strategies. Your experiences and preparations could provide crucial lessons for peers across the industry. #logistics #supplychain #riskmanagement #ILAstrike #freightforwarding
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?????????? ???????????? ????????????: The International Longshoremen’s Association (ILA) has announced that 45,000 dockworkers are set to begin a massive strike at midnight, potentially disrupting the nation’s supply chain for weeks to come. With 36 major ports set to shut down, businesses and consumers alike could face significant delays and price increases, especially ahead of the upcoming holiday season. ?????? ????????????????: ? Product shortages across the U.S. ? Higher prices due to supply chain disruptions ? Delays potentially lasting into 2025 We will continue to keep you updated as the situation unfolds across the East and Gulf coasts. Read more about the strike ????????: https://lnkd.in/eXmHQ-ja #portstrike #portstrikeupdate #logistics #supplychain
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As of October 1st at 12:00 am over 85,000 dock workers at US East and Gulf Coast ports have gone on strike after negotiations between the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) stalled. This strike will significantly disrupt US supply chains, affecting over half of the nation’s container handling capacity with global repercussions. Key Impacts: ? Cargo Delays: Major ports like New York and New Jersey will see severe disruptions, particularly for time-sensitive goods like perishables, automobiles, and agricultural products. ? Global Effects: The strike impacts 16% of global container miles, disrupting shipping schedules and equipment logistics. ? Increased Costs: Expect potential surcharges due to capacity constraints, along with detention and storage fees as the strike delays movements. ? Operational Delays: For every day ports remain closed, recovery may take up to a week, causing prolonged delays even after operations resume. What Can You Do? ? Reroute: If possible, reroute shipments through unaffected ports. ? Consider Expedited Air Shipments: OpenRoad is here to help—ask us about arranging air freight for urgent shipments. ? Stay Informed: Keep up to date with the latest strike developments and adjust your logistics plans accordingly. Need help navigating these disruptions? Contact us today for assistance with alternative shipping solutions. Together, we can minimize the impact on your supply chain.
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Interesting to see how quickly this is resolved.
As of October 1st at 12:00 am over 85,000 dock workers at US East and Gulf Coast ports have gone on strike after negotiations between the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) stalled. This strike will significantly disrupt US supply chains, affecting over half of the nation’s container handling capacity with global repercussions. Key Impacts: ? Cargo Delays: Major ports like New York and New Jersey will see severe disruptions, particularly for time-sensitive goods like perishables, automobiles, and agricultural products. ? Global Effects: The strike impacts 16% of global container miles, disrupting shipping schedules and equipment logistics. ? Increased Costs: Expect potential surcharges due to capacity constraints, along with detention and storage fees as the strike delays movements. ? Operational Delays: For every day ports remain closed, recovery may take up to a week, causing prolonged delays even after operations resume. What Can You Do? ? Reroute: If possible, reroute shipments through unaffected ports. ? Consider Expedited Air Shipments: OpenRoad is here to help—ask us about arranging air freight for urgent shipments. ? Stay Informed: Keep up to date with the latest strike developments and adjust your logistics plans accordingly. Need help navigating these disruptions? Contact us today for assistance with alternative shipping solutions. Together, we can minimize the impact on your supply chain.
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