Stay Informed with Richard Murray and Co.: Your Source for Real-Time Updates on the Potential East Coast Port Strike
As the January 15, 2025 deadline for the East Coast Port Strike approaches, we know how crucial it is to stay ahead of developments that could impact your business. That’s why our team of logistics experts is committed to bringing you running updates and breaking news as the situation unfolds. From negotiations and potential disruptions to broader industry implications, we’ll keep you informed with real-time insights and practical solutions. Whether you’re a stakeholder or simply want to stay in the loop, our blog will be your go-to resource for the latest news and expert analysis. Stay tuned—your guide to navigating this critical event starts here.
January 9, 2025
Just days before an economy-crippling port strike, the ILA union and the U.S. Maritime Alliance have come to an agreement.
As stated by the NY Times (below), “The agreement will come as a great relief to the businesses that import and export through the East and Gulf Coast ports, which handle some three-fifths of U.S. container traffic.”
Read more: https://loom.ly/3MTGnLc
January 8, 2025
Urgent: Key Impacts and Actions to Take Now
The potential strike and its implications are certainly a cause for concern for many stakeholders. Here’s a brief summary of the key points and recommended actions:
1. Strike Anticipation:
- A second strike by the ILA is expected to occur on January 15, 2025, affecting all U.S. East and Gulf Coast ports. This could result in extended durations compared to the previous strike in October.
2. Impact on Cargo:
- No cargo movement will be possible into or out of the affected ports during the strike.
- Potential for severe backlogs, congestion, and delays, even after the strike ends.
3. Immediate Actions for Clients:
- Clear out containers from potentially affected ports before January 15, 2025.
- Be aware of potential detention and demurrage charges for containers not discharged before the strike.
- Understand that carriers may not cover or reimburse third-party charges related to the work stoppage.
- Assume possible fees for empty container returns, depending on each carrier’s policy.
4. Alternative Options:
- Clients with cargo ready for transport should contact their logistics advisors promptly to explore alternative routes, given the limited space availability.
5. Communication and Support:
- Customers are encouraged to reach out to their customer service representatives for any questions or concerns.
This proactive approach will help mitigate some of the adverse effects of the anticipated strike. Your logistics team is likely prepared to assist with contingency planning, so engaging with them early is advisable.
January 6, 2025
The unresolved issues from 2024 at East and Gulf Coast ports are still very much on the table. A potential repeat of last October’s historic 3-day strike looms, with 47,000 unionized dockworkers preparing for action as soon as next week.
The 2024 strike was temporarily suspended, but critical discussions around automation were left unresolved. Talks are slated to resume on Tuesday, January 7 with all parties.
December 27, 2024
Important Update from Hapag-Lloyd: New Surcharges Due to Potential US East Coast Strike
In preparation for a possible strike on the US East Coast, Hapag-Lloyd has introduced two new surcharges effective from January 20th. These charges are designed to address potential work disruptions and will only apply if there are actual delays.
Work Disruption Surcharge (WDS)
Applies to cargo from origins other than the Far East to the US East & Gulf Coasts.
850 USD/20′ | 1700 USD/40′
Work Interruption Destination Surcharge (WID)
Applies to cargo from the Far East to the US East & Gulf Coasts.
850 USD/20′ | 1700 USD/40′
Both surcharges are effective only if disruptions occur and will be waived if there are no delays. Please note: WDS and WID do not apply to cargo gated in, or on the water, prior to January 20th.
For more details, reach out to your Richard Murray & Co. representative. Stay ahead of potential disruptions and plan accordingly!
Check out our past Breaking News and Updates from the port strike in October 2024.
Past Resources: East Coast Port Strike Insights
As the potential strike at East Coast ports loomed in the past, we provided critical information and strategies to help our clients navigate the situation. Our team outlined the key impacts of the strike on shippers and the broader supply chain, along with actionable strategies to minimize disruptions.
For those looking for a reference on how to manage similar challenges, feel free to revisit our blog post, Navigating the East Coast Port Strike, where we provided real-time updates and expert insights. Additionally, our Strategies for Shippers document is still available for download, offering a detailed guide to help your team stay informed and prepared in times of uncertainty.
We remain your trusted resource for logistics support and solutions—whether it’s managing ongoing concerns or preparing for future challenges.
