{"id":1562,"date":"2024-08-26T17:09:14","date_gmt":"2024-08-26T22:09:14","guid":{"rendered":"https:\/\/www.ifssac.com\/blog\/?p=1562"},"modified":"2024-08-26T17:11:41","modified_gmt":"2024-08-26T22:11:41","slug":"a-one-day-strike-at-usec-ports-would-result-in-a-delay-in-the-movement-of-74000-teus","status":"publish","type":"post","link":"https:\/\/www.ifssac.com\/blog\/en\/a-one-day-strike-at-usec-ports-would-result-in-a-delay-in-the-movement-of-74000-teus\/","title":{"rendered":"A one-day strike at USEC ports would result in a delay in the movement of 74,000 TEUs"},"content":{"rendered":"\n<p>If the labor stoppage extends for two weeks, the consequences could last until 2025.<\/p>\n\n\n\n<p>The labor contract agreement between the International Longshoremen&#8217;s Association (ILA)\u2014the union representing dockworkers on the East Coast of the U.S. (USEC)\u2014and the United States Maritime Alliance (USMX)\u2014the organization representing terminal operators\u2014expires on September 30, 2024. The ILA has stated that if a new agreement is not reached, they will begin a strike on October 1, 2024.<\/p>\n\n\n\n<p>In this context, <em>Sea-Intelligence<\/em> has analyzed the impact in terms of actual container volumes and how long it would potentially take to mobilize the affected containers once a possible strike ends.<\/p>\n\n\n\n<p>Using historical data, the consultancy estimates that USEC mobilized 2.3 million TEUs in October, which translates to 74,000 TEUs per day, divided into 36,000 TEUs for imports and 38,000 TEUs for exports. In the case of empty containers alone, a strike would mean an inability to mobilize 20,000 TEUs each day.<\/p>\n\n\n\n<p>Once a potential strike ends, in addition to the normal flow, the backlog of containers would need to be addressed. According to the consultancy, the \u00abexcess capacity\u00bb in this context refers to the port\u2019s ability to handle volumes above the actual mobilized volumes.<\/p>\n\n\n\n<p>One way to estimate this \u00abexcess capacity\u00bb is to observe the maximum number of containers mobilized in USEC compared to the expected mobilization in October 2024. Based on this, <em>Sea-Intelligence<\/em> calculates that the USEC port system in October would have a \u00absurplus capacity\u00bb of 13% compared to the 2.3 million TEUs expected to be mobilized in October.<\/p>\n\n\n\n<p>According to the consultancy, a one-day strike would result in a backlog of 74,000 TEUs, which would take 6 days to clear.<\/p>\n\n\n\n<p>If the ports had a bit more \u00abexcess capacity,\u00bb this timeframe could be reduced to 4-5 days, realistically speaking. However, this means that a one-week strike in early October would not be resolved until mid-November. If a two-week strike occurs, a realistic estimate is that the ports would not return to normal operations until 2025.<\/p>\n\n\n\n<p>Source: <a href=\"http:\/\/www.mundomaritimo.cl\" data-type=\"link\" data-id=\"www.mundomaritimo.cl\">MundoMaritimo<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"504\" height=\"444\" src=\"https:\/\/www.ifssac.com\/blog\/wp-content\/uploads\/2024\/08\/GU8EV3zWEAAQ22V-2.png\" alt=\"\" class=\"wp-image-1570\" style=\"width:826px;height:auto\" srcset=\"https:\/\/www.ifssac.com\/blog\/wp-content\/uploads\/2024\/08\/GU8EV3zWEAAQ22V-2.png 504w, https:\/\/www.ifssac.com\/blog\/wp-content\/uploads\/2024\/08\/GU8EV3zWEAAQ22V-2-300x264.png 300w\" sizes=\"auto, (max-width: 504px) 100vw, 504px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>If the labor stoppage extends for two weeks, the consequences could last until 2025. The labor contract agreement between the International Longshoremen&#8217;s Association (ILA)\u2014the union representing dockworkers on the East Coast of the U.S. (USEC)\u2014and the United States Maritime Alliance (USMX)\u2014the organization representing terminal operators\u2014expires on September 30, 2024. The ILA has stated that if [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1564,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[925],"class_list":["post-1562","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ocean-cargo","tag-ocean-cargo"],"lang":"en","translations":{"en":1562},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/www.ifssac.com\/blog\/wp-json\/wp\/v2\/posts\/1562","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ifssac.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ifssac.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ifssac.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ifssac.com\/blog\/wp-json\/wp\/v2\/comments?post=1562"}],"version-history":[{"count":2,"href":"https:\/\/www.ifssac.com\/blog\/wp-json\/wp\/v2\/posts\/1562\/revisions"}],"predecessor-version":[{"id":1571,"href":"https:\/\/www.ifssac.com\/blog\/wp-json\/wp\/v2\/posts\/1562\/revisions\/1571"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ifssac.com\/blog\/wp-json\/wp\/v2\/media\/1564"}],"wp:attachment":[{"href":"https:\/\/www.ifssac.com\/blog\/wp-json\/wp\/v2\/media?parent=1562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ifssac.com\/blog\/wp-json\/wp\/v2\/categories?post=1562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ifssac.com\/blog\/wp-json\/wp\/v2\/tags?post=1562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}