News Alert: Reports of Lockout on the West Coast This Week, Over the Weekend

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A news alert was released today by Peter Friedman of FBB Relations indicating plans for a gradual lockout by dockworkers this week, expanding over the weekend, and fully implemented next week on the West Coast. Mr. Friedman, indicated that it’s possible the International Longshore and Warehouse Union (ILWU) will take some action to be the “first” to act, but the result will be the same – shut-down of West Coast ports.

The reported West Coast lock-out comes after a six-month-long contract dispute between dockworkers and their employers, which has caused ensuing delays. Members of the ILWU have worked without a contract since July 1.

The ports from San Diego to Seattle handled $892 billion in imports and exports during 2013, according to U.S. trade data. Cargo volume has been heavy in the past year as the economy has improved and that cargo is having a hard time getting where it needs to go efficiently as result of the ongoing dispute and other issues.

Earlier this month, both sides agreed to bring in a federal mediator to do work out the issues.

Roanoke Trade will continue to keep you updated as recent developments unfold.

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Roanoke is the leading provider of insurance and surety solutions for transportation and logistics providers. In fact, we are recognized as the most reliable source for U.S. customs bonds.

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