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Those three companies account for nearly 125,000 of the standard shipping containers that have come through affected ports in the past year. Port strike hits billions in trade for importers like ...
A three-day ILA strike in October had triggered a surge in shipping prices and cargo backlogs at the 36 affected ports. Longshoremen returned to work after employers agreed to a 62% wage increase ...
A dockworkers strike at ports across the country could pose delays to the U.S. supply chain, experts say. The strike — which has shut down 14 ports along the East and Gulf coasts on Tuesday, Oct ...
The 2024 United States port strike was a labor strike involving over 47,000 port workers who are part of the International Longshoremen's Association (ILA), impacting 36 ports across the United States primarily along the East Coast and the Gulf Coast.
The port strike could primarily impact non-essential holiday items at Costco, especially those that are imported through the East and Gulf Coast ports now affected by the strike. Products like ...
With the strike now on day three, shipping companies like Maersk (MAERSK-B.CO) have implemented fees.Per a report from TD Cowen analyst Jason Seidl, Maersk's surcharge fees are up to $3,780 per 45 ...
A port strike is possible again if negotiators can't reach a deal by Jan. 15. A walkout could spark inflation and shortages, experts said. Negotiators ended a port strike to save Christmas.
There are an additional 35,000 containers on inbound ships to the port. The port on average receives 400,000 containers a month. It is not unusual for a port to be closed for 2-3 days because of ...