Certainly, the strike was not without traces. NRF found that retailers who brought the goods early or transferred the delivery to West Coast Face added storage and transportation costs. But the total effect of stopping work for three days on national economic trends will be somewhat silent.
“It was a great comfort for retailers, their agents and the nation’s economy that the strike did not last long,” Jonathan Gold said in a statement. “It will take a few weeks of affected ports to recover, but we can be assured that all ports throughout the country will work hard to meet the demand, and there is no effect on the holiday shopping season.”
Looking at the following steps, NRF said that the focus now is to restore the International League of LongShoremen (ILA) – the union that represents about 45,000 workers – and the United States Maritime Alliance Ltd. (USMX) to the negotiating table. Gold said: “The priority now is that both parties negotiate in good faith and reach a long -term contract before the short -term extension ends in mid -January. We do not want to face a disturbance like this again.”
Through the numbers, the report expects that the American ports covered by Global Port Tracker will deal with 2.12 million units of twenty feet equivalent (TEU) for October, which will increase by 3.1 % on an annual basis. This is a little higher than 2.08 million feasible sizes for the month of October a month ago, and the strike does not affect national groups.
In comparison, the August number was 2.34 million Franji containers, an increase of 19.3 % on an annual basis. It is expected that 2.29 million heart rings, an increase of 12.9 % year on year, November at 1.91 million marine containers, an increase of 0.9 % year on year, and 12.88 million inous units with, an increase of 0.2 %. For this year, it would bring this from 2024 to 24.9 million inous units with 12.1 % increase from 2023. Import numbers come with NRF that retail sales 2024 – with the exception of car dealers, gasoline stations and restaurants to focus on the basic retail – will grow between 2.5 % and 3.5 % over the past 2023.
Global Port Tracker, produced by NRF by Hackett Associates, provides historical data and expectations for American ports in Los Angeles/Long Beach, Ocland, Satalle and Tacoma on the western coast; New York/New Jersey, Virginia Port, Charleston, Savana, Port Evergels, Miami and Jacksonville on the eastern coast, and Houston on the Gulf coast.
