?? Supply Chain Alert: East/Gulf Coast Port Workers Strike Disrupts Operations The ongoing strike by East and Gulf Coast port workers is sending ripples across the global supply chain, leaving businesses scrambling to navigate a critical disruption. As key ports face shutdowns and delays, industries relying on these shipping hubs are feeling the pinch. What’s Happening? This strike, fueled by stalled contract negotiations, has resulted in significant slowdowns at major ports. The result? Lengthy delays for goods awaiting import and export, intensifying the pressure on industries already grappling with global supply chain instability. ?? Impact on Business Operations For companies in the promotional products, print, and distribution sectors, the timing couldn’t be worse. With the holiday season just around the corner, businesses are bracing for potential shortages, missed deadlines, and increased costs. The backlog created by port closures is threatening to throw off production schedules and client commitments. ?? What Can Businesses Do? Now more than ever, companies must focus on proactive supply chain management. Here are a few steps to consider: 1. Diversify Suppliers: Relying on a single supply chain route is risky. Expanding your network of suppliers and shipping partners can provide critical flexibility. 2. Adjust Lead Times: Expect delays and plan accordingly by extending production timelines or exploring alternative shipping routes. 3. Communicate with Clients: Clear, honest communication with clients about potential disruptions can help manage expectations and build trust during challenging times. Is your business feeling the effects of the strike? How are you managing the disruption? Let’s discuss strategies and share insights on how we can navigate this together. Christopher Ruvo #SupplyChainDisruption #PortStrike #BusinessStrategy #Logistics #PromoProductsIndustry #PrintIndustry #Distribution #SupplyChain #asi
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A great reminder of how important it is to be aware of and understand the different types of global & domestic supply chain issues that can affect product availability and delivery times as we head into Q4 and the holiday selling season.
?? Supply Chain Alert: East/Gulf Coast Port Workers Strike Disrupts Operations The ongoing strike by East and Gulf Coast port workers is sending ripples across the global supply chain, leaving businesses scrambling to navigate a critical disruption. As key ports face shutdowns and delays, industries relying on these shipping hubs are feeling the pinch. What’s Happening? This strike, fueled by stalled contract negotiations, has resulted in significant slowdowns at major ports. The result? Lengthy delays for goods awaiting import and export, intensifying the pressure on industries already grappling with global supply chain instability. ?? Impact on Business Operations For companies in the promotional products, print, and distribution sectors, the timing couldn’t be worse. With the holiday season just around the corner, businesses are bracing for potential shortages, missed deadlines, and increased costs. The backlog created by port closures is threatening to throw off production schedules and client commitments. ?? What Can Businesses Do? Now more than ever, companies must focus on proactive supply chain management. Here are a few steps to consider: 1. Diversify Suppliers: Relying on a single supply chain route is risky. Expanding your network of suppliers and shipping partners can provide critical flexibility. 2. Adjust Lead Times: Expect delays and plan accordingly by extending production timelines or exploring alternative shipping routes. 3. Communicate with Clients: Clear, honest communication with clients about potential disruptions can help manage expectations and build trust during challenging times. Is your business feeling the effects of the strike? How are you managing the disruption? Let’s discuss strategies and share insights on how we can navigate this together. Christopher Ruvo #SupplyChainDisruption #PortStrike #BusinessStrategy #Logistics #PromoProductsIndustry #PrintIndustry #Distribution #SupplyChain #asi
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Assisting Distributors, Manufacturers, Wholesalers. Retailers and importers with closeouts, slow-moving inventory and overstock into cash flow. Email: [email protected] Phone: 3312105782
Facing the Port Labor Strike: Preparing for possible Impacts ahead. ?? There is concern over a potential strike by the International Longshoremen’s Association (ILA) at East Coast and Gulf ports, as their contract with the United States Maritime Alliance expires on September 30. Contract Negotiation Strategy: The ILA is using a different negotiation approach than the International Longshore and Warehouse Union (ILWU), focusing on local contracts first before a master contract. To avoid disruptions, businesses are preparing early for the peak shipping season. Some are moving shipments earlier or balancing between East and West Coast ports. While initial fears led some to advance their peak season freight to June, most logistics managers now expect peak season to align with the usual July and August timeframe. ?? Retailers are cautious, potentially delaying holiday orders due to uncertainty in consumer demand and logistical challenges. This could result in a later peak season and longer lead times. There may be a lull in June due to preemptive shipping and rate increases, but a strong ocean shipping season is anticipated for the summer, with holiday orders potentially being placed later than usual. Noah Hoffman, head of retail logistics for C.H. Robinson, tells CNBC that the economy is at an inflection point with consumer discretionary spending. “Right now, the 7,500 retailers we serve are trying to maintain a robust selection and a variety of SKUs, but at the same time trying to avoid holding safety stock because of the uncertainty of consumer demand in the coming months,” Hoffman said. “We believe this could lead to a somewhat later than usual peak season, with retailers holding off on placing orders for the holidays.” In preparation of any unforeseen situation such as this, been preemptive? and effective is key, specially taking into account the network in which we operate, Ozeol.com is here to help guide you to optimize and make sure that your goods arrive to the hands of the clients that need them the most. #sustainability #Destocking #SupplyChainManagement #Ozeol #IndustryInsights #Supplychainsolutions Nadège Lenoir Stéphanie GAGNEAUD-AMMAR wajdi soussi Khalifa Derouiche Nathalie ARNAUD Mohamed Lotfi Abdelkefi Ayachi Hichem E. Adiel Gutierrez Laura Santacruz Luisa Carmona Paola Garcia Laura Valentina López López Daniel Mauricio Spinel Pabón Daniel Fonseca Diana Pardo Sebastian Uribe Ruiz
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The U.S. East Coast Port Strike: What Happened and What It Means for Global Logistics ???? The recent strikes at U.S. East Coast ports, including New York, New Jersey, and Savannah, caused significant disruptions in logistics. These strikes arose from disputes over wages, working conditions, and concerns about automation replacing dockworker jobs. Although the strike was suspended on October 3, 2024, no final agreement has been reached. It is set to resume in January 2025 if a lasting solution isn’t found. ?? Immediate Impact on Logistics: 1. Congestion at Alternative Ports: As companies reroute shipments to West Coast and Gulf Coast ports, congestion and longer waiting times have increased at these hubs. 2. Delivery Delays: The strike has slowed the flow of goods, from consumer electronics to medical supplies, disrupting supply chains and causing a ripple effect on manufacturers and retailers. 3. Higher Costs: Fewer port options and limited capacity have caused freight rates to soar. Businesses face rising warehousing and transportation costs as goods are delayed in transit, particularly harming just-in-time inventory models. How Logistics Managers Are Adapting: Logistics managers are leveraging real-time data to track port closures and reroute shipments as needed. Companies are also diversifying supply chains, turning to alternative ports or air freight, despite higher costs. Clear communication with suppliers and customers is crucial for managing expectations and mitigating disruptions. This strike highlights the need for logistics companies to build more resilient, adaptable supply chains to handle ongoing and future disruptions. ?? #PortStrike #LogisticsDisruption #SupplyChainCrisis #EastCoastPorts #GlobalTrade
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?? East Coast Port Strike: A Major Disruption in Global Trade ?? On October 1, 2024, thousands of dockworkers from major U.S. ports—from Boston to Houston—went on strike, demanding a 77% wage increase and strict controls against automation. This strike has frozen the movement of billions of dollars' worth of goods, impacting industries from manufacturing to retail. With no negotiations since June, Supply chains are facing massive disruptions. Companies now face critical challenges in sourcing, production, and delivery timelines. Impacts to Watch: 1. Supply Chain Delays: Key ports handle more than half of all U.S. imports and exports, so businesses relying on just-in-time delivery are already seeing delays. This could lead to shortages, price increases, and unmet demand. 2. Cost Increases: With goods stalled, companies may face higher costs to reroute shipments or airfreight essential goods. These rising costs could ripple through to consumers. 3. Global Ripple Effects: The U.S. plays a central role in global trade, so disruptions here are felt internationally, affecting partners, suppliers, and customers worldwide. ?? How should businesses prepare for continued disruption, and what steps can they take to build resilience? #SupplyChain #Logistics #PortStrike #GlobalTrade #BusinessResilience
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Holidays are around the corner, and a potential strike by port employees threatens to impact logistics and the supply chain across several major ports. As the demand for goods spikes during the holiday season, this could have significant repercussions for businesses relying on timely deliveries. We are closely monitoring this situation, and I encourage others in the industry to stay informed and plan accordingly. Proactive communication with partners and suppliers will be key to navigating potential disruptions in this critical period. #SupplyChain #Logistics #PortStrike #HolidaySeason #BusinessContinuity #disruption https://lnkd.in/eCrffcRh
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???? Big News in the Port World! ???? The union for Atlantic and East Coast port workers is meeting this September to finalize their contract demands. This is super important because it could mean changes for the ports that we all depend on for goods and materials. ???? According to an article on SupplyChainBrain, the meeting will help decide the next steps, including a possible strike if their demands aren't met. This could impact shipping and deliveries on the East Coast and Gulf areas, so it's a big deal for anyone involved in logistics or the supply chain industry. ???? Stay tuned for more updates! ???? Read more here: [ILA Meeting Article](https://lnkd.in/gwgerAX7) #PortNews #SupplyChain #Logistics #ShippingNews
ILA Sets Date to Prep for Potential East Coast, Gulf Port Strike
supplychainbrain.com
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?? Turbulence at U.S. Ports: A Looming Strike Threat Port operators and shipping lines are in a race against time as a potential strike by 45,000 unionized dockworkers could disrupt over half of U.S. seaports. With the current contract expiring on September 30, employers filed a complaint urging the National Labor Relations Board to force the International Longshoremen's Association (ILA) to the bargaining table. However, the ILA demands a 77% wage increase over six years, calling the complaint a "publicity stunt". If the strike happens, it would severely affect a broad range of sectors. From food products like cheese and olive oil to consumer goods such as T-shirts, furniture, and auto parts, the shutdown would disrupt the steady flow of goods into the country. Importers and retailers are already racing to clear their cargo ahead of the deadline, with many ports extending operating hours to mitigate potential losses. East Coast and Gulf Coast ports, where the ILA operates, are vital for the U.S. economy, especially as these ports have grown more significant following West Coast disruptions in recent years. If negotiations remain at a standstill, the strike could lead to massive delays in supply chains, increased costs for consumers, and further inflationary pressures. For any questions related to the topic, Henry Alonzo, CSM will be there to help you. #lifescience #logistics #update
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What Does the U.S. Port Strike Mean for Freight and Supply Chains? As of October 1, 2024, the International Longshoremen’s Association (ILA) strike is impacting 36 major ports along the Gulf and East Coast. With 45,000 workers on strike, the disruption could have far-reaching consequences, especially as we move into the critical holiday season. Here’s what to watch for: ?? Port Flow Disruptions: Products like bananas, automotive parts, and building materials could face significant delays. ?? Trucking Impact: Truckload freight might see increased long-haul demand due to rerouting through Canadian or Mexican ports. ?? Supply Chain Delays: Just-in-time manufacturing could suffer severe disruptions if the strike lasts more than two weeks. ?? Wider Implications: Longer recovery times and ripple effects throughout the logistics sector could make this one of the most consequential freight events since COVID-19. It’s a good reminder of the importance of flexibility and resilience in supply chain management—factors that are more crucial than ever in the face of unexpected disruptions. #SupplyChain #Freight #Logistics #RiskManagement #Strike
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?? East & Gulf Coast Port Strikes: Are You Ready for the Impact? ?? With less than two weeks to prepare, shippers face the possibility of major disruptions at U.S. East Coast and Gulf Coast ports due to an impending strike. This could cascade into a supply chain nightmare, affecting everything from automotive parts to holiday season goods. ???What You Need to Know ?? Timing: The International Longshoremen's Association (ILA) could strike as early as Oct 1st due to stalled negotiations over automation and wage disagreements. Port Disruptions: The strike would disrupt key U.S. ports in states like Texas, New York, New Jersey, and Florida. Global Impact: Freight bound for the U.S. from Europe, Asia, and Oceania would be affected, leading to widespread delays across North America, Canada, and Mexico. Airfreight Constraints: Airfreight is an option for time-sensitive shipments but is currently constrained by high demand from major e-commerce players like Temu and Shein. High-Risk Cargo: Seasonal goods, just-in-time inventory like automotive parts, and temperature-sensitive items are at high risk of disruption. ?? What You Should Do ?? Alternative Routes: To mitigate potential delays, explore alternative shipping routes, such as West Coast ports or unaffected ports in Canada or Mexico. Multi-Coastal Network: Incorporate transloading capabilities or alternate gateways that can be scaled up if disruptions occur. Inventory Management: If you rely on just-in-time inventory, consider increasing safety stock levels to cushion against potential delays. Airfreight Considerations: Assess the feasibility of using airfreight for your most critical shipments, but be prepared for higher costs and limited capacity due to current market conditions. Contingency Planning: Engage with freight forwarders and logistics experts to develop a contingency plan that includes rerouting, warehousing, and inland transportation options. If you need a guide through these uncertain times, we can help keep your supply chain running smoothly. Give us a call: 800-324-2247 Send us an email: [email protected]
A shipper’s guide to East and Gulf Coast port strikes
supplychaindive.com
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?? Breaking News: U.S. Port Strike Impacting Global Trade The ongoing dockworkers' strike at major U.S. East and Gulf Coast ports has entered its third day, causing significant disruption to the global supply chain. Workers are demanding better wages and protections against automation, with no immediate resolution in sight. With ports like New York, Houston, and Miami affected, experts warn that a prolonged strike could cost the U.S. economy billions daily, driving up prices for consumer goods and disrupting deliveries across industries such as retail, automotive, and electronics. The strike's ripple effects are expected to be felt worldwide, from increased shipping costs to potential shortages of key imports. If unresolved soon, the economic consequences could be severe, leading to inflation spikes and delays in vital supply lines, especially for perishable goods. Stay tuned as this story develops and for more insights on how this might affect logistics and trade. At DGL, we're monitoring the situation closely to keep your shipments moving smoothly despite the challenges. #Logistics #SupplyChain #PortStrike #DGL #GlobalTrade #ShippingUpdates
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https://members.asicentral.com/news/industry-news/october-2024/eastgulf-coast-port-workers-strike-disrupting-supply-lines/?id=f8424a0f-152f-4c2a-9b26-d2b1ca2fc752