October 8, 2024
East Coast port strike: Trade implications likely, but companies have been preparing
Companies have been taking steps to mitigate the impact of disruptions to port operations across the East and Gulf coasts from a dockworker strike that began early Tuesday, including by diverting container shipments to West Coast ports and securing additional storage space, industry representatives and supply chain professionals tell Inside U.S. Trade . The International Longshoremen’s Association and the U.S. Maritime Alliance (USMX) on Monday failed to reach an agreement in negotiations over a new contract despite the union’s threats...
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