COSCO
SITC
PACIFIC LINES
Wednesday, 12/06/2024, 20:56 (GMT +7)
462
Shippers' Concerns Rise Amid Strike Threat from U.S. East Coast Port Union
Labor negotiations at ports on the East Coast and the Gulf Coast are a new potential risk for retailers, manufacturers and shippers who are already struggling with the deadline. Shipping is longer and costs are higher.
Port of New York (Source: Port of New York & New Jersey)
The International Longshoremen's Association (ILA) contract covering 45,000 stevedores at 30 ports stretching from Maine to Texas will expire on September 30. At that time, if the parties cannot reach a new agreement, the union can call for a strike to occur during the peak commodity season, which is also the decisive period in which current President Joe Biden, a labor-friendly person who will strive to stay in the White House for another term.
On Monday earlier this week (June 10), the ILA canceled plans to begin negotiations this week with the U.S. Maritime Alliance, citing one member of that employer group's use of automation technology in violation of prior agreements.
ILA President Harold Daggett has previously warned that Association members will strike if the parties do not reach an agreement before the current contract expires. He warned local workers at important trade hubs such as New York/New Jersey and Houston to be ready to strike on October 1, union representatives said.
Although strikes by seaport workers are not common in the United States, the noise and concern in contract negotiations still makes the story tense. This is because any slowdown or shutdown would affect the flow of billions of dollars in goods ranging from food and medicine to furniture and factory equipment.
Meanwhile on the West Coast, Mr. Gene Seroka, CEO of the Port of Los Angeles, said on June 12 that ILA had no unusual moves this week. He commented: "During these negotiations, there are stops and starts."
East Coast and Gulf Coast ports had a slightly higher market share than West Coast ports in May. That's when Vincent Golebiowski, director of global supply chain at handbag brand Tapestry, told Reuters that he was focused on ensuring that the company's goods don't take longer to ship while shipping costs are limited. The shipment was not allowed to pass through the Suez Canal due to attacks by Houthi rebels in the Red Sea.
Strike warnings from the ILA this week will certainly make shippers like Mr. Golebiowski think more about other supply chain risks in the near future.
Source: Phaata.com (According to Reuters)
Phaata.com - Vietnam's First International Logistics Marketplace
► Find Better Freight Rates & Logistics Services!
Featured News
- Hapag-Lloyd applies Peak Season Surcharge from East Asia to USA and Canada
- The world\'s largest container ships MSC Irina and MSC Loreto floated
- MSC (Mediterranean Shipping Company) - The world\'s leading container shipping lines
- Information you need to know about Maersk Line
- Top 10 export and import goods between Vietnam - Philippines in the first 5 months of 2020
Market News
See more
.webp)
_(2).webp)
HOT PROMO
See more
167
FCL
6 Days
Freight cost
Expiry date
ASIAN EXPRESS LINE VIETNAM ( AEL VIET NAM )
3.5
132
FCL
6 Days
Freight cost
Expiry date
ASIAN EXPRESS LINE VIETNAM ( AEL VIET NAM )
3.5
467
LCL
12 Days
Freight cost
Expiry date
ORIENTAL LOGISTICS MULTIMODAL TRANSPORT COMPANY LIMITED
1.8
439
LCL
21 Days
Freight cost
Expiry date
MG LOGISTICS JSC
2.6
135
FCL
2 Days
Freight cost
Expiry date
ASIAN EXPRESS LINE VIETNAM ( AEL VIET NAM )
3.5
WHY PHAATA.COM?
USERS/MONTH
LOGISTICS COMPANIES
REQUEST FOR QUOTEŚ
QUOTATIONS
VIETNAM LOGISTICS COMMUNITY
5 Steps to Get the Best Quote
Find price quickly
and
Send quote request
Compare Quotes
and
Selection
Contact for Further Consultation
and
Send request booking
Get feedback
and
Direct Negotiation
Management
and
Evaluate
Freight rates
Sea freight
7
Days Transit
- $300 / 20'GP
Valid till: 2026-01-31
CÔNG TY TNHH SHIP LINK VIỆT NAM
0.4
20
Days Transit
- $815 / 20'GP
- $1,010 / 40'GP
Valid till: 2026-02-27
Chi nhánh tại Khu vực Bắc Bộ - Công ty TNHH Giao nhận vận chuyển Quốc tế Trường Hải
3
25
Days Direct
- $1,390 / 20'GP
- $1,760 / 40'GP
- $1,760 / 40'HQ
Valid till: 2026-01-31
SOV（越南海光）
0.1
45
Days Transit
- $3,400 / 40'HQ
Valid till: 2026-02-14
Công ty T&T Global Agency
1.8
16
Days Transit
- $180 / 20'GP
- $520 / 40'GP
- $520 / 40'HQ
Valid till: 2026-01-31
CÔNG TY CỔ PHẦN THƯƠNG MẠI VÀ TIẾP VẬN ĐẠI DƯƠNG
0.6
3
Days Direct
- $0 /cbm
Valid till: 2026-01-31
WR1 MASTER CONSOL
Verified
2.1
8
Days Direct
- $0 /cbm
Valid till: 2026-02-01
CÔNG TY TNHH VẬN TẢI BIỂN MINH NGUYÊN
0.1
19
Days Direct
-
Refund
$75 /cbm
Valid till: 2026-01-31
CÔNG TY TNHH VẬN TẢI BIỂN MINH NGUYÊN
2.6
30
Days Direct
- $40 /cbm
Valid till: 2025-12-31
CÔNG TY TNHH THƯƠNG MẠI DỊCH VỤ 3N
0
30
Days Transit
- $50 /cbm
Valid till: 2025-12-31
KHAI MINH GROUPS CO., LTD – Ho Chi Minh Branch
2.6
Air freight
1
Days Direct
- 1.9 $/kg
Valid till: 2026-01-31
CÔNG TY TNHH EVERGLORY LOGISTICS VIỆT NAM
2.6
7
Days Transit
- 5.3 $/kg
Valid till: 2026-01-31
CÔNG TY CỔ PHẦN DỊCH VỤ VÀ HẠ TẦNG Ô TÔ THÀNH CÔNG
1.9
4
Days Direct
- 8.05 $/kg
Valid till: 2026-01-17
AN BÌNH EXPRESS
2.6
4
Days Transit
- 3.7 $/kg
Valid till: 2026-01-31
MAXTENA SHIPPING&FORWARDING AGENT CO., LTD
2.7
1
Days Direct
- 2.5 $/kg
Valid till: 2026-01-10
TTL Cargo Max
2.6
Rail freight
20
Days Direct
- $7,300 / 40'HQ
Valid till: 2026-01-31
CÔNG TY CỔ PHẦN VẬN TẢI VÀ THƯƠNG MẠI ĐƯỜNG SẮT
Verified
3.8
3
Days Direct
- $450 / 20'GP
- $600 / 40'GP
- $600 / 40'HQ
Valid till: 2025-09-30
SilverSea Co.,Ltd
2.5
26
Days Transit
- $6,710 / 40'GP
- $6,710 / 40'HQ
Valid till: 2024-12-31
WORLDLINK LOGISTICS VIET NAM COMPANY LIMITED
1.8
10
Days Direct
- $1,000 / 20'GP
- $1,000 / 40'GP
- $1,000 / 40'HQ
- $1,000 / 45'HQ
Valid till: 2024-12-31
VIPUTRANS
1.8
3
Days Direct
- $706.5 / 40'HQ
Valid till: 2024-10-31
CÔNG TY CP PROSHIP
1.8
Road freight
6
Hour
- $136.44 / 20'GP
- $155.39 / 40'GP
- $155.39 / 40'HQ
Valid till: 2026-01-31
CÔNG TY CỔ PHẦN THƯƠNG MẠI VÀ TIẾP VẬN ĐẠI DƯƠNG
0.6
1
Day
- $155.39 / 40'GP
Valid till: 2026-02-18
CÔNG TY TNHH THƯƠNG MẠI DỊCH VỤ 3N
0
9
Hour
- $570 / 20'RF
Valid till: 2025-11-30
Headway Joint Stock Compnay
3.5
2
Day
- $2,263.3 / 20'GP
- $3,017.73 / 40'GP
- $3,017.73 / 40'HQ
- $3,017.73 / 45'HQ
Valid till: 2026-10-31
CÔNG TY CỔ PHẦN MORNING LOGISTICS
2
1
Day
- $169.75 / 40'HQ
Valid till: 2025-09-30
CÔNG TY TNHH LOGISTICS FV
2.5
Request For Quotes
Help you send and receive quotes from Forwarders on the market quickly and efficiently.
See more
