US Port Strike *Suspended*, No Funds For Forced Labor Act and Crumbl Cookie Legal Implications

Welcome to our latest newsletter, where we get into the current disruptions caused by the ongoing port strike and its implications for the global trade industry. In this edition, we feature a special podcast episode released this week, where we analyze the impact of the port strike on supply chains, logistics, and trade flows, offering insights from industry experts and discussing potential strategies to navigate these challenging times. Join us as we explore the intricate dynamics of the port strike and its far-reaching effects on the import-export landscape. Read more on other issues below.

Ongoing US Port Strike: Implications for Global Supply Chains

The ongoing strike at U.S. ports, led by the International Longshoremen’s Association (ILA) over wage and automation issues, poses a significant threat to global supply chains. The strike, affecting ports along the U.S. East and Gulf coasts, could result in shortages of popular products if prolonged, impacting industries like pharmaceuticals, auto, and manufacturing. With over 40% of containerized goods entering the U.S. via the affected ports, experts warn of cascading delays from Europe, the Mediterranean, and Asia, potentially leading to operational disruptions and increased costs for businesses.

Highlights:

• Historic U.S. Port Strike: The strike by ILA dockworkers at U.S. ports along the East and Gulf coasts is the first of its kind in nearly fifty years.
• Threat to Global Supply Chains: The strike poses a significant threat to global supply chains and could lead to shortages of popular products if prolonged.
• Impact on Industries: Industries like pharmaceuticals, auto, and manufacturing are particularly vulnerable to disruptions caused by the strike.
• Warning from Experts: Experts predict cascading delays and operational disruptions, highlighting the potential for increased costs and logistical challenges for businesses relying on East Coast and Gulf ports.
• Read full article here

UPDATE: Dockworkers’ union to suspend strike until Jan. 15 to allow time to negotiate new contract!

Read more about the US Port suspension here

Understanding the No Funds for Forced Labor Act: Combating Uyghur Forced Labor in Supply Chains

The No Funds for Forced Labor Act proposed by U.S. lawmakers aims to block funding for projects at risk of using forced labor, particularly in regions like Xinjiang, China, where reports of human rights abuses have surfaced. Led by Senators Rubio and Merkley, the legislation seeks to ensure that U.S. taxpayer dollars are not inadvertently supporting goods produced through forced labor. By mandating a vetting process for projects and increasing transparency through Treasury reports, the Act underscores the importance of ethical practices within global supply chains to combat forced labor and promote human rights.

Key Highlights:

• Legislative Response: The proposed bill seeks to block U.S. funding for projects linked to forced labor, particularly addressing risks in regions like Xinjiang, China.
• Transparency Mandate: The Act requires a vetting process for projects to mitigate forced labor risks and demands transparency through Treasury reports on approved projects at international financial institutions.
• Industry Accountability: The legislation aligns with efforts to hold companies accountable for human rights violations in their supply chains and advocates for ethical sourcing practices.
• Long-term Impact: By supporting initiatives like the No Funds for Forced Labor Act, stakeholders in the global supply chain industry can drive meaningful change and combat human rights abuses, emphasizing the importance of responsible sourcing practices.

Read full article here

This is your last chance to sign up to our upcoming Forced Labor Training + Workshop

Navigating IP Concerns in the Crumbl Cookie Saga: Legal Implications of the Sydney Pop-Up

The Crumbl Cookie pop-up in Sydney has ignited discussions on trademark infringement and intellectual property violations. Reports suggest unauthorized use of the company's trademarked symbol and marketing materials resembling those associated with Crumbl Cookies, potentially breaching copyright laws and terms of conditions. This situation also raises concerns about compliance with food import laws and regulations, as the freshness of the imported cookies and adherence to food safety protocols come under scrutiny. The saga serves as a reminder of the importance of upholding intellectual property rights, trademark laws, and ethical business practices in the global trade landscape.

Highlights:

• Unauthorized use of the company's trademarked symbol and marketing materials
• Potential breaches of copyright laws and terms of conditions
• Questions about compliance with food import laws and regulations
• Importance of upholding intellectual property rights and ethical business practices

Read full article here