PortStrike

Impending January Port Strike: How Supply Chains Might Be Affected

1 month ago

As the New Year approaches, the possibility of a strike at crucial US ports looms large. This potential work stoppage, scheduled to kick off in January, could considerably disrupt supply chains already under strain. The International Longshore and Warehouse Union (ILWU) has issued a notice signaling the strong potential for labor action at several major ports, including those on the West Coast.

Ongoing Labor Dispute Disrupts Operations at Canadian Ports

2 months ago

In a significant development affecting supply chains across North America, the labor dispute at multiple Canadian ports has escalated, prompting widespread concern among stakeholders. The situation has emerged as workers at the Canadian Union of Public Employees (CUPE) have orchestrated strikes that threaten to impede cargo operations, potentially leading to delays in the import and export of goods.

Spooked Shoppers Stockpile Toilet Paper Amid Lengthy Port Strike

3 months ago

What has been dubbed a case of deja vu from the pandemic-induced buying frenzy, shoppers across North America have started stockpiling toilet paper all over again. The panic buying this time is a reaction to a currently ongoing labor strike at key West Coast ports that is heavily disrupting supply chains.

East Coast Port Strike: A New Challenge for Supply Chains

3 months ago

The fragile state of the global supply chains is at the risk of another big disruption. American dockworkers on the East Coast went on strike, demanding improvement in working conditions and higher wages with added benefits. The wave of unrest that hit the strong ports from New York to Savannah arrived hot on the heels of similar actions witnessed on the West Coast earlier this year.

Fed’s Goolsbee Warns of Prolonged Ports Strike’s Impact on Supply Chain

3 months ago

Federal Reserve Bank of Chicago President Austan Goolsbee recently mentioned how concerned he is with what consequence this could bring if there were a long strike in major U.S. ports. On September 30, 2024, Goolsbee noted during an economic forum that such disruption could cause significant risk to the nation's supply chain, further increasing inflationary pressures and weighing on growth.

Cargo Carriers Fear Port Strike Will Paralyze Half of US Trade

3 months ago

With growing fears, cargo carriers sound the alarm over a workers strike at ports that could bring half of US trade to a screeching halt. This harrowing development indeed called for great concern over its potential to wreak havoc on the already fragile supply chain.