Port Strike - East Coast Gulf Coast

[yuneeq]

https://amp.cnn.com/cnn/2024/10/01/business/us-port-workers-strike-tuesday

Half the ports in the US on strike, from the east coast all the way to the gulf. Union wants a 77% raise and was only offered 50%, mind you the base salary is $81k and goes above $200k. And they’re also demanding a complete ban on automation because we need to go back to the stone ages. Meanwhile…

The US Chamber of Commerce sent a follow-up letter Monday urging President Joe Biden to exercise powers under what is known as the Taft-Hartley Act, which became law in 1947, to keep the ports open and longshore workers on the job. President George W. Bush applied the act in 2002 to halt an 11-day lockout of union members at West Coast ports.

But Biden told reporters Sunday he has no intention of using the powers he has under Taft-Hartley. “No,” Biden said. “Because it’s collective bargaining, and I don’t believe in Taft-Hartley.

So excited for another self-inflicted Biden disaster causing massive supply chain disruptions and even more inflation. Hooray!

[YitzyS]

[Alexsei]

Are we going to get אתרוגים נאך סוכות?

[mevinyavin]

Are we going to get אתרוגים נאך סוכות?

Just fly to IL to get them! Oh, wait...

[yuneeq]

To understand the effects - shipping from Asia to the East Coast is about 30 days sailing but closer to 45 days when including loading times. Even when things go back to normal, it will take months for east coast to catch up. The last few weeks many importers have already diverted containers to the west coast, and now everyone needs to.

Which means the west coast ports are going to be extremely congested as it’s literally double the capacity, as all containers have nowhere wise to go. It means higher shipping rates. It means anything that needs to be on East coast or gulf will need to be trucked or railed for a very hefty price.

Even if the strikes ended today, the anticipation already diverted all the containers in a very harmful way. 

In my business we’re anticipating a 15-30 day delay at California ports, and expecting shortages of several SKUs (despite the fact we keep safety stock). We’re also lengthening our lead times, and seeing higher shipping rates.

[Essen est zich]

Que the egg inflation prices discussion...


Why the strike now, all of the sudden?

[Sammy82]

Que the egg inflation prices discussion...


Why the strike now, all of the sudden?

In time for yomtov. They want to make the biggest impact
/s

[yuneeq]

Que the egg inflation prices discussion...


Why the strike now, all of the sudden?

Their contract just expired

[yelped]

Isn't these kind of disruptions exactly what the law is meant to prevent?

[yuneeq]

Isn't these kind of disruptions exactly what the law is meant to prevent?

Yes

[yelped]

Yes

Ridiculous.

Current admin has consistently shown they care about pie in the sky platitudes and anyone but their citizens.

[Ver hut gazugt]

Politics. Going against workers in an election season is political suicide.

[AsherO]

Ridiculous.

Current admin has consistently shown they care about pie in the sky platitudes and anyone but their citizens.

Kamala said we have to dream.

[yelped]

Politics. Going against workers in an election season is political suicide.

And against Americans?

[yuneeq]

Politics. Going against workers in an election season is political suicide.

The White House should at the very least have a seat at the table, and ensure a deal gets done. Instead joe and Kamala asleep at the wheel once again.

I’m curious if the negative effects of the strike will have an impact on the election. A lot of the effects will be delayed or too late to swing voters to Trump. If we start hearing a deluge of expected shortage announcements in the next week or 2 it very well might.

[smurf]

The White House should at the very least have a seat at the table, and ensure a deal gets done. Instead joe and Kamala asleep at the wheel once again.

I’m curious if the negative effects of the strike will have an impact on the election. A lot of the effects will be delayed or too late to swing voters to Trump. If we start hearing a deluge of expected shortage announcements in the next week or 2 it very well might.

Many importers have rerouted to the west coast in advance of the pending strike, which will cause those ports to back up too. We may feel the effects sooner then expected especially with the perishable items typically brought in in smaller quantities

[Ver hut gazugt]

The White House should at the very least have a seat at the table, and ensure a deal gets done. Instead joe and Kamala asleep at the wheel once again.

I’m curious if the negative effects of the strike will have an impact on the election. A lot of the effects will be delayed or too late to swing voters to Trump. If we start hearing a deluge of expected shortage announcements in the next week or 2 it very well might.

Rates have tripled over the past 6 months, partially because of Yemen. So far we hear nothing about it.

[UKinNYS]

The docks have always been a mob stronghold and still are.

https://nypost.com/2024/10/01/business/who-is-harold-daggett-the-port-union-boss-with-alleged-mafia-ties/

https://www.thecity.nyc/2023/05/08/waterfront-commission-new-jersey-mob-genovese/

[HudZ]

So basically we can expect there to be a toilet paper shortage. 

[Joel]

So basically we can expect there to be a toilet paper shortage. 

FTFY