In this file:

 

·         West Coast port strikes remain unlikely in no deal scenario - report

·         Los Angeles port: Peak season coming soon, strong imports ahead

 

 

West Coast port strikes remain unlikely in no deal scenario - report

 

FreshFruitPortal.com

June 15 , 2022

 

Although negotiations for a new contract for West Coast port workers which started over a month ago are still ongoing, neither side foresees supply chain disruptions.

 

According to a report by Bloomberg, employers and the union representing more than 22,000 dockworkers at 30 US ports on the West Coast are not predicted to reach a wage deal by the time the current contract expires next month. The negotiations began on May 10.

 

However, “neither party is preparing for a strike or a lockout,” assured both the International Longshore and Warehouse Union (ILWU), and the Pacific Maritime Association (PMA), which represents more than 70 terminal operators and ocean carriers, in a joint statement Tuesday. 

 

A collapse of the negotiations would risk a work stoppage during the busiest time of year at the nation’s largest ports of Los Angeles and Long Beach, one that would snarl US supply chains still suffering from an unprecedented crisis sparked by the Covid-19 pandemic.

 

At stake in the negotiations is no less than the recovery of the world’s biggest economy…

 

more     

https://www.freshfruitportal.com/news/2022/06/15/west-coast-port-strikes-remain-unlikely-in-no-deal-scenario/

 

 

Los Angeles port: Peak season coming soon, strong imports ahead

May imports up 20% from 5-year average; exports highest since November 2020

 

Greg Miller, American Shipper

June 14, 2022

 

Despite surging inflation and waning consumer confidence, Port of Los Angeles Executive Director Gene Seroka sees America’s import boom persisting in the months ahead.

 

“While we’re all cost-minded and we feel it at the pump and at the grocery store, we’re going to continue to buy,” he predicted at a press conference Tuesday, pointing to Americans’ more than $2 trillion in savings and $1.2 trillion in revolving credit.

 

Americans aren’t buying the same kind of goods they were at the height of the pandemic. But “retailers continue to replenish inventories … sales of finished goods remains strong, and parts and components going to American factories are equally as impressive.”

 

“Peak season cargo is on the way,” said Seroka. He expects an early start to peak volumes this year, “with arrivals beginning at the end of this month.” 

 

He reported no impact on his port’s import flows from the COVID lockdowns in Shanghai, now in their 12th week. “The number of ships leaving Asia has been very steady” across the lockdown period, he said. This week, 47 container ships departed Asia bound for Los Angeles or Long Beach, according to data from the Marine Exchange of Southern California cited by Seroka. That’s up 27% from departures in the first week of January.

 

3rd best month ever ...

 

Challenges for Los Angeles ahead ...

 

more, including links, charts

https://www.freightwaves.com/news/los-angeles-port-peak-season-coming-soon-strong-imports-ahead