Posts tagged port strike
The long-haul harms of an East Coast port strike and automation ban
October 1, 2024 // But the problem with banning automation is that just as automated tollways enable cars and trucks to move more efficiently across the roadways, automated gates and other port operations enable goods to move more efficiently into, out of, and throughout the U.S. The lack of automation is a primary reason that U.S. ports rank near the bottom of global port efficiency ratings. According to the World Bank’s 2022 Port Performance Index, the average North American port ranking is three times lower than East Asian ports, almost twice as bad as Central American, South American, and Caribbean ports, and not far ahead of sub-Saharan African ports. One of the most efficient ports in the U.S., ranked No. 44 out of 348, is Virginia Beach. It’s likely not a coincidence that the Virginia Beach port is one of the only ones that includes some automation, which Daggett said the ILA was forced to inherit. The Mobile port ranks No. 238, and five other East Coast ports rank No. 300 or worse, with Savannah, Georgia’s port ranked dead last in the world.
WATCH: Commerce Secretary Gina Raimondo Says She’s ‘Not Very Focused’ On Dock Worker Strike
September 30, 2024 // "I have not been very focused on that," Biden commerce secretary Gina Raimondo says about the upcoming dock worker strike that will choke off half of U.S. imports tomorrow
Ports strike would leave Walmart, Ikea, Home Depot with few import options, union warns
September 29, 2024 // These companies are among the leading importers at the 14 major ports that an ILA strike would impact, according to ImportGenius. Overall, between 43%-49% of all U.S. imports and billions of dollars in trade monthly are at stake as the union moves closer to the Oct. 1 deadline for a new contract, over which talks between the union and ports management broke down in June and have not resumed. Cruise operations at ports would continue. “To stop trade entering the U.S. on such a large-scale, even for short period of time, is highly-damaging to the economy so government intervention will be needed to bring the matter to a resolution for the good of the nation,” warned Peter Sand, chief shipping analyst at Xeneta. “A strike lasting just one week will impact schedules for ships leaving the Far East on voyages to the U.S. in late December and throughout January.”