East and Gulf Coast Port Strike – Part 2

Back in October, when the East and Gulf coast port strike ended after 3 days, we knew there would be a part 2. Short though it was, the strike is estimated to have cost the U.S. economy $3.8 - 5 Billion per day, but that wasn’t seen as the greatest ‘cost’ at the time. With the Presidential campaign in full swing, all eyes were on the impact it might have on the candidates’ relative popularity.

Now that the members of the International Longshoremen’s Association (ILA) have ratified the deal negotiated with the United States Maritime Alliance (USMX), we can look at that deal and the impact it will have on port operations through 2030.

In this episode of the Art of Supply podcast, Kelly Barner covers the major factors at play in this collective bargaining agreement and how each played out:

• Automation: the issue that received the most press coverage by far
• Interesting comments on labor showup rates and how they relate to the ILA’s leverage in the future
• Changed provisions for container royalties that further tie operational efficiency to demand for labor

Links:

• East and Gulf Coast Port Strike - Part 1
• Kelly Barner on LinkedIn
• Art of Supply LinkedIn newsletter 
• Art of Supply on AOP
• Subscribe to This Week in Procurement