As the deadline approaches for the strike at the Port of New York-New Jersey next week, the Port is advising shippers to conclude all cargo operations in anticipation of a major strike by approximately 45,000 East and Gulf Coast dockworkers set to begin at 12 a.m. on October 1.
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Port officials urged importers to pick up their cargo by the close of business on September 30, as deliveries will halt during the strike.
Contract negotiations between the International Longshoremen's Association (ILA) and the U.S. Maritime Alliance (USMX) have stalled, primarily over disputes regarding wages and automation. While the Biden Administration will not obstruct the strike, it has offered to mediate, following its previous success in resolving similar issues at West Coast ports.
Rachel Shames, vice president at customs broker CV Intl., indicated that a work stoppage seems imminent, warning that it would lead to significant congestion and delays for shippers nationwide. Shames anticipates a continued decline in rates as import activity slows, especially with factories in China shutting down for the Golden Week holiday in early October.
Shippers are advised to plan proactively, communicate their quarterly forecasts, and ensure that bookings are made at least three to four weeks prior to sailing to mitigate potential disruptions.
Source: www.homeaccentstoday.com