All brands have been proactively preparing for potential U.S. port strikes by developing contingency plans and diversifying import strategies, as labor disputes threaten to disrupt major East and Gulf Coast ports. A strike could severely impact global supply chains, leading to significant delays and operational challenges. PRIMO can address these challenges by providing alternative fulfillment models and leveraging its robust network to facilitate cross-border solutions, mitigating the impact of port disruptions.

• A potential strike by dockworkers at major East and Gulf Coast ports is looming, set to begin on October 1, 2024, if negotiations fail.
• The strike could halt operations at over 30 container ports, affecting approximately 45,000 unionized dockworkers.
• The United States Maritime Alliance (USMX) and the International Longshoremen’s Association (ILA) are in a deadlock over a new master labor agreement.
• The USMX accuses the ILA of not bargaining in good faith, while the ILA claims the offers are insufficient given the companies’ profits.
• A strike could lead to thousands of containers sitting idle, disrupting shipping schedules and causing backlogs at ports worldwide.
• This disruption would exacerbate existing supply chain issues, potentially leading to equipment shortages and increased costs for businesses.
• Efforts to mediate the dispute have included calls for intervention from President Joe Biden, but no resolution has been reached yet.
• The situation remains tense as the deadline approaches, with both sides preparing for the potential fallout.

Reference: ttnews.com