August 7, 2024 in CUSTOMER ADVISORY
Customer Advisory: ILA Contract Negotiations – Possible Strike
August 7, 2024
The International Longshoremen’s Association (ILA) is seeking a wage increase from maritime employers on the U.S. East and Gulf coasts. They are proposing an 80% rise over six years, amounting to a $5-per-hour rise annually. The ILA has issued a 60-day strike notice (starting on October 1st) if a new contract is not reached by September 30, 2024.
Potential Impact:
- Operational Disruptions: The ILA’s strike could lead to considerable disruptions in maritime operations, affecting cargo handling and transportation on the East and Gulf coasts.
- Supply Chain Delays: Delays in cargo movement could result in extended delivery times and increased costs for businesses relying on the East and Gulf Coast ports.
APL Logistics is actively monitoring the situation and will continue to provide updates as needed. If you have any questions, please contact your APL Logistics representative.
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About APL Logistics
APL Logistics is a leading global supply chain logistics provider focused on order management. With over four decades of experience, we offer innovative, end-to-end supply chain solutions across various industries. With a strategic balance of our world-class account management teams, proprietary digital solutions, and an extensive network, APL Logistics’ Order Management will enable your business to stand out, adapt faster, and execute more efficiently than your competitors.
The APL Logistics group of companies has a global network covering all major markets and is backed by a multinational workforce. APL Logistics Ltd is a member of the Kintetsu World Express group, a global logistics services provider. For more information, visit www.apllogistics.com, email us at global_marketing@apllogistics.com, and connect with us on LinkedIn, Instagram, and YouTube.