Resilinc Special Report
US Port Strike: Supply Chain Business Continuity Planning
This supply chain risk management report examines the potential US East Coast port strike and Gulf Coast port strike, including current supply chain disruptions, as well as future impacts if the strikes occur. It provides a detailed analysis of the economic effects on cargo flow, highlighting the risk of late deliveries and increased operational costs. By exploring alternative shipping routes and preemptively building up inventories, businesses can mitigate the adverse effects of a US port strike using effective supply chain business continuity planning.
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:
- The current six-year agreement between the ILA and USMX is set to expire on September 30, 2024
- Major East and Gulf Coast ports managed 51% of the US containerized imports in 2023
- Some shippers may consider alternative routes like Montreal; however, Canada is facing a potential railway strike that could also cause potential delays and disruptions