USA Port Disruption | October 2024
The following ports on the East Coast and Gulf Coast of USA are currently subject to strikes and industrial action:
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This is the current consensus on likely impacts:
- All operations at ports are suspended.
- No cargo will be discharged or loaded causing significant disruption in the supply chain.
- For every day that the ports remain closed, it is estimated it will take approximately a week to recover and return to normal operations. There is potential for significant ongoing delays and port congestion.
- The likelihood of increased costs relating to storage and extra handling are high, and the use of alternative routings is expected to hike charges.
- Disrupted shipping schedules as vessels unable to dock in port and potential impact on wider global supply chain.
US dockworkers union, the “Longshoreman’s”, are demanding a $5 per hour increase every year for the next six years and are demanding that the ports won’t introduce automative services.
We will continue to monitor the situation as it develops and keep you informed. Wallis can work with you to explore any possible alternative solutions to mitigate the impact. Get in touch to find out more.