Shapiro’s Post

A labor #strike has shut down key ports on Canada’s West Coast, impacting nearly $800 million in daily trade flows. Check out our #ShapFlash to learn more about what’s going on: https://bit.ly/4hD4YyW   #transportation #logistics #supplychain #Shapiro

Industrial action by transportation workers captured headlines this week with rolling strikes in German and French container ports disrupting operations, but it was the breakdown of contract talks between the International Longshoremen’s Association and port employers that is raising anxiety levels among cargo owners on the trans-Atlantic. Regardless of whether an agreement is reached before the contract expires on Sept. 30, there is likely to be considerable sabre rattling by the ILA and that will drive spooked shippers to frontload US imports, if they are not already doing so. If there is a sudden and dramatic increase in volume, cargo owners on the trans-Atlantic could soon find space in short supply and average rate levels taking off with the accompanying challenges of getting allocations honored at agreed prices and avoiding rolling that is being experienced by shippers on the trans-Pacific and Asia-Europe trade lanes. Journal of Commerce subscribers can read the full story here, plus find coverage of the ILA contract talks: https://lnkd.in/ejFSsSUs

Potential massive disruption to USA supply chains looming if a labour agreement is not reached with The International Longshoremen's Association. It is advised to explore alternative ports and consider Air Cargo in case of a strike, although congestion on these alternative routes is anticipated as well. Stay informed with the latest updates from NNR Global Logistics: [Reuters Link to the news article provided]. #SupplyChain #Logistics #Airfreight #Oceanfreight #USANews

Breaking: East Coast Port Strike Ends, Reviving the Heart of U.S. Trade 🚢 Ports Are Back in Action! 🚢 After days of disruption, the East Coast port strike has finally come to a close, marking a major win for the shipping and logistics sectors. News Source: https://bit.ly/4eU1YMk Follow us for latest freight news. ✅ For additional details, kindly visit our website: 🌐 https://shippingclub.net/ Or contact us via email and WhatsApp 📧 [email protected] 📲 +34 673 79 92 01 . . . #freightforwarding #shipping #shippingclub #freight #supplychain #logistics #smartfreightforwarder #freights #freightservices #logisticnews #logisticsnetwork #logisticcompany #internationallogistics #news #networking #ShippingIndustry #SupplyChainRelief #PortStrikeResolved #LogisticsRecovery #TradeFlows Jose M. Lopez

How will the looming East Coast Port strikes affect transportation and supply chains? With negotiations nearing a critical deadline of 1 Oct, the possibility of a complete work stoppage at key East and Gulf Coast ports is growing. Key implications: 🔴 Massive disruptions: A strike could impact close to half of all U.S. imports, leading to significant delays and economic losses. As well as missed sailings and additional fees for port congestion surcharges. 🔴 Contingency plans: Logistics firms are scrambling to implement contingency strategies, including container diversions, transloading, and increased reliance on airfreight. Expect a shift to airfreight where possible and airfreight rates increasing. 🔴 Automotive impact: Over half of automotive freight entering the U.S. is heavily dependent on East Coast ports, making the industry particularly vulnerable. This pending crisis underscores the importance of #operational #agility and supply chain #visibility for shippers. As supply chains face increasing disruptions, the ability to quickly adapt and make informed decisions is crucial. Key strategies for shippers: 🟢 Diversify transportation modes: Explore alternative routes and modes of transport to mitigate risks. 🟢 Enhance visibility: Implement technology solutions that provide real-time tracking and analytics. 🟢 Build strong relationships: Foster collaborative partnerships with carriers and logistics providers. 🟢 Develop contingency plans: Be prepared to activate alternative strategies if disruptions occur. #SupplyChain #Maritime #Strike #Logistics #Resilience Read the developing story in full: https://lnkd.in/gd3USkAj Image source: Bloomberg | Getty Images

Amidst the ongoing congestion in the global maritime container shipping market due to the impact of the Red Sea incident, major labor disputes in the logistics sector are emerging as a new threat to the supply chain.

The market from Asia to the US was stronger than expected in October, owing to tighter capacity and roll pools built up before the Golden Week holiday. Space to US West Coast is very tight, especially to Pacific Southwest (PSW) ports. Vessels to US East Coast are also quite full. Carriers implemented a spot rate increase for November 1, and they are eyeing another increase for November 15. Shippers are looking ahead and planning for the January 15 deadline for the extended US East/Gulf Coast labor negotiations. There are still significant obstacles for the union and employers to overcome, including the divisive automation issue. There is the risk of another port strike should the sides not reach an agreement before the deadline. For more details, check out Rachel Shames' article below. #Shipping #InternationalTrade #MarketUpdate #Pricing #Imports #Exports

Major Disruption Ahead for US East Coast Ports 🚢 🚨 Brace yourselves! The shipping industry is on the verge of a big shake-up. Jeremy Nixon, CEO of Ocean Network Express, has sounded the alarm: "We're preparing now for the 30th of September when we expect that the terminals all along the East Coast will come to a stop." A labor contract impasse between the United States Maritime Exchange and the International Longshorement Association threatens to bring US East Coast ports to a halt. What does this mean for shipping lines & cargo owners? ▶️ Most customers have advanced their shipments. Smart move! ▶️ Some have diverted cargo to the West Coast to ensure delivery, accruing additional costs Nixon adds: "So, the vessels now on their way to the East Coast will have to sit and wait until this industrial disruption is resolved." What about alternative routes? 🚛 🇨🇦 🇲🇽 No luck there! Mexican and Canadian ports are at full capacity, and shipping by rail creates uncertainty around delivery times. Key takeaway? Prepare for the delays headed into the holiday season. Let's navigate these turbulent waters together! 🌊 🚢 Read the full article here: https://lnkd.in/eWC7XBwm #ShippingIndustry #USPorts #Logistics #SupplyChain #MaritimeNews #MineHub

In this week’s Roar: A rail strike on hold, U.S. dockworkers heading into negotiations, a shortage of cargo ships on key routes, new tariffs on Chinese goods, and supply chain technology for geopolitical tensions. #thefreightarchitects #jaguarfreight #logistics

In this week’s Roar: A rail strike on hold, U.S. dockworkers heading into negotiations, a shortage of cargo ships on key routes, new tariffs on Chinese goods, and supply chain technology for geopolitical tensions. #thefreightarchitects #jaguarfreight #logistics