Shippers Fear East Coast Port Strike, Journal of Commerce Poll Reveals
NEWARK, N.J., June 25, 2012 /PRNewswire/ -- Stalled contract negotiations between the International Longshoremen's Association and United States Maritime Alliance are scheduled to resume this week, but many shippers are preparing for the worst this fall, according to an online poll by The Journal of Commerce. More than 75 percent of respondents consider labor disruption at East and Gulf Coast ports likely, and 68.1 percent have contingency plans in place to divert cargo.
The poll, conducted June 22-23, drew 232 anonymous responses to questions regarding shippers' expectations for the Sept. 30 expiration of the ILA contract. Results found that 56.4 percent of respondents consider disruptions "somewhat likely," while another 26.7 percent feel it is "very likely." More than 20 percent already have diverted cargo from East and Gulf Coast ports. A majority of respondents whose companies have not diverted shipments will decide by July whether to do so. A full report of the poll results can be found on www.joc.com.
The ILA has not had a coastwide strike since 1977, but many shippers became concerned after a heated panel discussion between ILA President Harold Daggett and USMX president James Capo at The Journal of Commerce's TPM conference in March. Apprehension has increased over the last few months as both sides released statements about ongoing negotiation difficulties.
To become a member of The Journal of Commerce click here. JOC members have access to our weekly print and digital magazine and Web site, as well as special discounts on JOC events. Authoritative editorial content in the form of daily news, weekly analysis and regular features ensure our members have the information and data necessary to understand the issues facing trucking, rail and maritime transportation. Members enjoy access to "By the Numbers," an exclusive weekly compilation of key industry statistics that provides detailed views of current market trends across all modes. Regular market intelligence reports -- utilizing PIERS trade data -- include Top 100 Imports and Exporters, quarterly Top 40 Container lines, Trans-Pacific and Trans-Atlantic Maritime Forecasts and Top Container Ports and Terminals. Market-sector supplements, including Breakbulk, Cool Cargoes, 3PL, JOC Guide to Trucking and others, ensure all modes are comprehensively covered.
About UBM Global Trade - UBM Global Trade is the leading provider of proprietary data, news, business intelligence and analytical content supporting commercial maritime, rail, trucking, warehousing and logistics industries worldwide. The company's portfolio of more than 100 online, print and interactive workflow business solutions includes The Journal of Commerce, Breakbulk Magazine & Events, JOCSailings.com, RailResource, PIERS and an array of international trade and transportation databases and directories. UBM Global Trade, a subsidiary of UBM plc, is headquartered in Newark, NJ, with offices throughout the United States. For more information, explore www.ubmglobaltrade.com or call 800-952-3839 (+1-973-776-8660 outside the U.S. or Canada).
SOURCE The Journal of Commerce
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