MODE Global Advisory: Port Strike Over

MODE GLOBAL ADVISORY: PORT STRIKE OVER

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WHAT WE KNOW There is now a tentative agreement in place between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX). The USMX has agreed to the ILA’s lowered ask of a 61.5% wage increase over six years; however, there has been no movement on the semiautomation language as of yet. While the port strike is over for now, the master contract is only extended through January 15, 2025; should the USMX and the ILA not come to a complete agreement and sign a new multi-year contract by then, we could see supply chain disruptions again in the new year.

HOW WE CAN HELP The strike may be over, but impacts will likely be felt over the next two weeks as it’s estimated that the three-day work stoppage will take about 15 days to clear. This slowdown will likely impact holiday shipping through November, according to Sea-Intelligence, so as sighs of relief blanket the nation, shippers should still be working through their alternate plans to ensure shipments reach their destinations in time for holiday shopping.

With reports of over 54 vessels waiting to dock, ensuring your goods keep moving after unloading is crucial. MODE Global and our family of brands have extensive relationships across all modes of transportation, with extensive coverage for OTR and rail. Our vast network will help you keep moving through the stifling congestion and high wait times, matching your loads with available drivers within our reliable system of carriers.

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If you are a current MODE customer, please reach out to your dedicated MODE family of brands representative. If you are not a customer and need help with your logistics, please reach out to our Solutions Experts at CTOteam@modeglobal.com.

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