Resilinc Special Report
U.S. Port Strike: Supply Chain Business Continuity Planning Update
This supply chain risk management report provides an updated analysis of the imminent US East Coast port strike and Gulf Coast port strike, as negotiations with the International Longshoremen’s Association (ILA) stall ahead of the contract expiration on September 30. With a strike likely to begin on October 1, the report highlights current disruptions and the potential economic impacts on cargo flow, including delayed shipments and rising costs. It also explores proactive supply chain risk management measures businesses can take, such as securing alternative shipping routes and increasing inventory, to minimize the strike’s impact.
Read Resilinc’s Special Report for essential insights on supply chain business continuity planning and adapting to the challenges posed by a potential US port strike.
Key Insights:
- In 2023, East and Gulf Coast ports handled 51% of the U.S. containerized imports.
- The Port of New York and New Jersey began to wind down operations ahead of potential U.S. port strikes, on September 20, 2024.
- Los Angeles/Long Beach ports are expected to see a 10-15% rise in volumes in late September, driven by diverted freight, early shipments, and seasonal demand.